WINTON GROUP Ltd Has $446,000 Stock Position in Urban Outfitters, Inc. (NASDAQ:URBN)

WINTON GROUP Ltd lessened its stake in Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) by 77.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,853 shares of the apparel retailer's stock after selling 36,449 shares during the quarter. WINTON GROUP Ltd's holdings in Urban Outfitters were worth $446,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of URBN. QRG Capital Management Inc. boosted its stake in shares of Urban Outfitters by 2.4% in the 2nd quarter. QRG Capital Management Inc. now owns 9,327 shares of the apparel retailer's stock valued at $383,000 after purchasing an additional 221 shares during the last quarter. Signaturefd LLC grew its holdings in Urban Outfitters by 15.5% during the 2nd quarter. Signaturefd LLC now owns 2,230 shares of the apparel retailer's stock worth $92,000 after acquiring an additional 299 shares during the period. Arizona State Retirement System raised its position in shares of Urban Outfitters by 2.4% during the 2nd quarter. Arizona State Retirement System now owns 16,976 shares of the apparel retailer's stock valued at $697,000 after acquiring an additional 401 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Urban Outfitters by 89.7% in the 4th quarter. Parallel Advisors LLC now owns 882 shares of the apparel retailer's stock valued at $31,000 after purchasing an additional 417 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of Urban Outfitters by 5.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 9,712 shares of the apparel retailer's stock worth $399,000 after purchasing an additional 482 shares during the last quarter. 77.61% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on URBN shares. Robert W. Baird raised their target price on Urban Outfitters from $48.00 to $50.00 and gave the stock a "neutral" rating in a report on Wednesday, May 22nd. Wells Fargo & Company reduced their price objective on shares of Urban Outfitters from $48.00 to $40.00 and set an "equal weight" rating on the stock in a research note on Thursday, August 22nd. BMO Capital Markets lowered their target price on shares of Urban Outfitters from $42.00 to $39.00 and set a "market perform" rating for the company in a research note on Thursday, August 22nd. UBS Group lifted their price target on shares of Urban Outfitters from $43.00 to $45.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 28th. Finally, Morgan Stanley lowered their price objective on shares of Urban Outfitters from $40.00 to $38.00 and set an "equal weight" rating for the company in a research report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Urban Outfitters currently has a consensus rating of "Hold" and an average target price of $42.30.

Insider Buying and Selling at Urban Outfitters

In related news, Director Harry S. Cherken, Jr. sold 5,000 shares of Urban Outfitters stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $48.30, for a total transaction of $241,500.00. Following the completion of the transaction, the director now owns 565,296 shares in the company, valued at $27,303,796.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Tricia D. Smith sold 11,730 shares of the stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $35.29, for a total value of $413,951.70. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Harry S. Cherken, Jr. sold 5,000 shares of Urban Outfitters stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $48.30, for a total transaction of $241,500.00. Following the sale, the director now directly owns 565,296 shares of the company's stock, valued at approximately $27,303,796.80. The disclosure for this sale can be found here. Corporate insiders own 31.80% of the company's stock.

Urban Outfitters Stock Up 0.9 %

Shares of NASDAQ:URBN traded up $0.35 during mid-day trading on Wednesday, reaching $37.64. 2,350,619 shares of the stock were exchanged, compared to its average volume of 1,753,796. The stock's 50 day simple moving average is $40.80 and its 200-day simple moving average is $41.34. Urban Outfitters, Inc. has a one year low of $30.05 and a one year high of $48.90. The company has a market cap of $3.47 billion, a P/E ratio of 12.10, a P/E/G ratio of 0.89 and a beta of 1.50.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last issued its quarterly earnings results on Wednesday, August 21st. The apparel retailer reported $1.24 EPS for the quarter, topping the consensus estimate of $1.00 by $0.24. The firm had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.34 billion. Urban Outfitters had a net margin of 5.83% and a return on equity of 15.49%. The company's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.10 EPS. Analysts anticipate that Urban Outfitters, Inc. will post 3.63 EPS for the current fiscal year.

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.