American International Group Inc. has raised its holdings in Burlington Stores, Inc. (NYSE:BURL) by 7,754.2% during the 4th quarter, according to a recent filing with the Securities and Exchange Commission (SEC). The institutional investor now owns 88,203 shares of Burlington Stores' stock, an increase of 87,080 shares from the previous quarter. Burlington Stores operates as a retailer of branded merchandise in the United States, offering a wide range of products including apparel, footwear, accessories, toys, and home goods. The company reported strong earnings for the quarter, beating analysts' estimates with $1.42 earnings per share and $2.36 billion in revenue. The positive financial performance has led to increased confidence from research analysts, with several firms raising their price targets for Burlington Stores' stock [6985e53d].