EAM Investors LLC Invests $4.35 Million in Urban Outfitters, Inc. (NASDAQ:URBN)

EAM Investors LLC purchased a new stake in Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 79,271 shares of the apparel retailer's stock, valued at approximately $4,350,000. EAM Investors LLC owned approximately 0.09% of Urban Outfitters as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Jones Financial Companies Lllp grew its stake in Urban Outfitters by 61.5% in the fourth 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 grew its position in shares of Urban Outfitters by 36.3% in the fourth quarter. GAMMA Investing LLC now owns 759 shares of the apparel retailer's stock valued at $42,000 after purchasing an additional 202 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings 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 valued at $82,000 after buying an additional 1,125 shares in the last quarter. Asset Management One Co. Ltd. increased its position in Urban Outfitters by 38.2% during the fourth quarter. Asset Management One Co. Ltd. now owns 1,699 shares of the apparel retailer's stock worth $95,000 after acquiring an additional 470 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its position in shares of Urban Outfitters by 10.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,664 shares of the apparel retailer's stock valued at $146,000 after buying an additional 250 shares in the last quarter. 77.61% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Urban Outfitters

In related news, insider Azeez Hayne sold 11,676 shares of the firm's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $54.75, for a total transaction of $639,261.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Harry S. Cherken, Jr. sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $50.50, for a total value of $757,500.00. Following the completion of the transaction, the director now owns 495,296 shares in the company, valued at approximately $25,012,448. The trade was a 2.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 44,976 shares of company stock valued at $2,421,213 over the last ninety days. Corporate insiders own 31.80% of the company's stock.

Urban Outfitters Trading Down 5.2 %

NASDAQ URBN traded down $2.59 during trading hours on Monday, hitting $46.89. 614,200 shares of the company's stock were exchanged, compared to its average volume of 1,865,704. The firm has a market cap of $4.34 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 1.02 and a beta of 1.37. Urban Outfitters, Inc. has a 1-year low of $33.86 and a 1-year high of $61.16. The stock has a 50-day simple moving average of $51.88 and a 200 day simple moving average of $49.01.

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

Analyst Upgrades and Downgrades

URBN has been the topic of a number of analyst reports. Telsey Advisory Group increased their price objective on shares of Urban Outfitters from $56.00 to $59.00 and gave the stock a "market perform" rating in a research note on Thursday, February 27th. StockNews.com cut shares of Urban Outfitters from a "buy" rating to a "hold" rating in a research note on Friday, April 11th. JPMorgan Chase & Co. reduced their price objective on Urban Outfitters from $56.00 to $50.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Citigroup dropped their target price on shares of Urban Outfitters from $65.00 to $54.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Finally, Robert W. Baird lifted their price target on shares of Urban Outfitters from $60.00 to $62.00 and gave the company a "neutral" rating in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $55.18.

Urban Outfitters Profile

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.