Susquehanna Fundamental Investments LLC Takes $10.22 Million Position in Urban Outfitters, Inc. (NASDAQ:URBN)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 186,209 shares of the apparel retailer's stock, valued at approximately $10,219,000. Susquehanna Fundamental Investments LLC owned about 0.20% of Urban Outfitters as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in URBN. Fuller & Thaler Asset Management Inc. boosted its position in shares of Urban Outfitters by 183,272.0% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,094,731 shares of the apparel retailer's stock valued at $60,079,000 after acquiring an additional 1,094,134 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Urban Outfitters by 11.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 40,140 shares of the apparel retailer's stock valued at $2,203,000 after purchasing an additional 4,281 shares during the last quarter. Dark Forest Capital Management LP purchased a new stake in shares of Urban Outfitters in the 4th quarter valued at approximately $1,036,000. State of Tennessee Department of Treasury raised its position in shares of Urban Outfitters by 19.1% during the 4th quarter. State of Tennessee Department of Treasury now owns 34,821 shares of the apparel retailer's stock valued at $1,911,000 after buying an additional 5,578 shares during the period. Finally, MetLife Investment Management LLC lifted its holdings in Urban Outfitters by 5.2% in the fourth quarter. MetLife Investment Management LLC now owns 38,563 shares of the apparel retailer's stock valued at $2,116,000 after acquiring an additional 1,907 shares during the last quarter. 77.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Robert W. Baird raised their target price on Urban Outfitters from $60.00 to $62.00 and gave the stock a "neutral" rating in a research note on Thursday, February 27th. Telsey Advisory Group upped their target price on shares of Urban Outfitters from $56.00 to $59.00 and gave the company a "market perform" rating in a research report on Thursday, February 27th. Wells Fargo & Company lifted their price target on shares of Urban Outfitters from $60.00 to $65.00 and gave the company an "equal weight" rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. dropped their target price on shares of Urban Outfitters from $56.00 to $50.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Finally, StockNews.com cut Urban Outfitters from a "buy" rating to a "hold" rating in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Urban Outfitters has an average rating of "Hold" and an average target price of $55.18.

Urban Outfitters Stock Up 1.1 %

Shares of NASDAQ:URBN opened at $51.41 on Friday. Urban Outfitters, Inc. has a fifty-two week low of $33.86 and a fifty-two week high of $61.16. The firm's 50 day moving average price is $51.25 and its 200 day moving average price is $49.39. The stock has a market cap of $4.76 billion, a price-to-earnings ratio of 14.73, a price-to-earnings-growth ratio of 1.02 and a beta of 1.37.

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

Insider Buying and Selling

In other Urban Outfitters news, CEO Tricia D. Smith sold 10,000 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $53.94, for a total value of $539,400.00. Following the completion of the transaction, the chief executive officer now owns 12,601 shares in the company, valued at $679,697.94. This represents a 44.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Azeez Hayne sold 11,676 shares of Urban Outfitters stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $54.75, for a total value of $639,261.00. The disclosure for this sale can be found here. Insiders sold a total of 29,976 shares of company stock worth $1,663,713 over the last 90 days. 31.80% of the stock is owned by insiders.

Urban Outfitters Company 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.

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