WINTON GROUP Ltd Trims Stock Holdings in Urban Outfitters, Inc. (NASDAQ:URBN)

WINTON GROUP Ltd lowered its stake in shares of Urban Outfitters, Inc. (NASDAQ:URBN) by 9.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,364 shares of the apparel retailer’s stock after selling 2,499 shares during the period. WINTON GROUP Ltd’s holdings in Urban Outfitters were worth $1,337,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its holdings in Urban Outfitters by 61.5% in the 4th quarter. Jones Financial Companies Lllp now owns 525 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Urban Outfitters by 36.3% during the fourth quarter. GAMMA Investing LLC now owns 759 shares of the apparel retailer’s stock valued at $42,000 after buying an additional 202 shares during the period. Quarry LP boosted its position in Urban Outfitters by 32.3% during the third quarter. Quarry LP now owns 1,222 shares of the apparel retailer’s stock worth $47,000 after acquiring an additional 298 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in Urban Outfitters by 315.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,482 shares of the apparel retailer’s stock worth $82,000 after acquiring an additional 1,125 shares during the period. Finally, Asset Management One Co. Ltd. raised its holdings in Urban Outfitters by 38.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 1,699 shares of the apparel retailer’s stock valued at $95,000 after acquiring an additional 470 shares during the last quarter. Hedge funds and other institutional investors own 77.61% of the company’s stock.

Insider Activity

In related news, Director Harry S. Cherken, Jr. sold 55,000 shares of the firm’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $57.31, for a total transaction of $3,152,050.00. Following the completion of the sale, the director now directly owns 510,296 shares of the company’s stock, valued at approximately $29,245,063.76. This trade represents a 9.73 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Wesley S. Mcdonald sold 8,300 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $58.44, for a total transaction of $485,052.00. Following the completion of the transaction, the director now owns 15,450 shares in the company, valued at $902,898. This represents a 34.95 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 99,976 shares of company stock worth $5,573,263 over the last 90 days. Company insiders own 31.80% of the company’s stock.

Urban Outfitters Trading Down 1.5 %

Shares of NASDAQ URBN opened at $51.82 on Friday. The stock has a fifty day moving average price of $54.66 and a 200 day moving average price of $47.43. The company has a market cap of $4.78 billion, a P/E ratio of 14.85, a P/E/G ratio of 1.02 and a beta of 1.56. Urban Outfitters, Inc. has a 12-month low of $33.86 and a 12-month high of $61.16.

Urban Outfitters (NASDAQ:URBN) last announced its earnings results on Wednesday, February 26th. The apparel retailer reported $1.04 EPS for the quarter, beating the consensus estimate of $0.89 by $0.15. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. Urban Outfitters had a return on equity of 15.86% and a net margin of 6.11%. On average, sell-side analysts forecast that Urban Outfitters, Inc. will post 3.91 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Wells Fargo & Company raised their price objective on Urban Outfitters from $60.00 to $65.00 and gave the stock an “equal weight” rating in a report on Thursday, February 27th. Telsey Advisory Group lifted their price target on Urban Outfitters from $56.00 to $59.00 and gave the company a “market perform” rating in a report on Thursday, February 27th. Robert W. Baird increased their price objective on shares of Urban Outfitters from $60.00 to $62.00 and gave the stock a “neutral” rating in a report on Thursday, February 27th. Morgan Stanley upgraded shares of Urban Outfitters from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $41.00 to $63.00 in a report on Tuesday, January 21st. Finally, Barclays increased their price target on shares of Urban Outfitters from $63.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Urban Outfitters presently has a consensus rating of “Hold” and a consensus price target of $56.00.

About Urban Outfitters

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.