Urban Outfitters, Inc. (NASDAQ:URBN) is Woodson Capital Management LP's 4th Largest Position

Woodson Capital Management LP lessened its holdings in Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) by 11.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 750,000 shares of the apparel retailer's stock after selling 100,000 shares during the period. Urban Outfitters comprises approximately 5.6% of Woodson Capital Management LP's holdings, making the stock its 4th biggest position. Woodson Capital Management LP owned approximately 0.81% of Urban Outfitters worth $28,732,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in URBN. Blue Trust Inc. lifted its position in Urban Outfitters by 138.8% during the third quarter. Blue Trust Inc. now owns 609 shares of the apparel retailer's stock valued at $25,000 after purchasing an additional 354 shares in the last quarter. Quarry LP raised its stake in shares of Urban Outfitters by 1,825.0% in the second quarter. Quarry LP now owns 924 shares of the apparel retailer's stock worth $38,000 after buying an additional 876 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in shares of Urban Outfitters in the second quarter worth about $42,000. Meeder Asset Management Inc. purchased a new position in shares of Urban Outfitters during the 2nd quarter valued at about $48,000. Finally, Asset Management One Co. Ltd. bought a new position in shares of Urban Outfitters during the 3rd quarter valued at approximately $47,000. Hedge funds and other institutional investors own 77.61% of the company's stock.

Insider Activity

In other Urban Outfitters news, CEO Tricia D. Smith sold 11,730 shares of the company's stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $35.29, for a total transaction of $413,951.70. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 31.80% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have commented on URBN. BMO Capital Markets decreased their target price on shares of Urban Outfitters from $42.00 to $39.00 and set a "market perform" rating on the stock in a research note on Thursday, August 22nd. Jefferies Financial Group decreased their price objective on shares of Urban Outfitters from $35.00 to $34.00 and set an "underperform" rating on the stock in a research report on Thursday, August 22nd. Telsey Advisory Group upped their target price on shares of Urban Outfitters from $44.00 to $46.00 and gave the stock a "market perform" rating in a report on Wednesday. Bank of America increased their price target on Urban Outfitters from $46.00 to $53.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, Citigroup upgraded Urban Outfitters from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $42.00 to $59.00 in a research report on Wednesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $46.27.

Urban Outfitters Trading Up 2.6 %

Shares of NASDAQ:URBN traded up $1.24 during mid-day trading on Friday, reaching $48.73. The stock had a trading volume of 2,193,275 shares, compared to its average volume of 1,711,700. The company has a market cap of $4.50 billion, a P/E ratio of 13.61, a price-to-earnings-growth ratio of 1.08 and a beta of 1.50. The business's 50 day moving average price is $37.64 and its 200 day moving average price is $40.16. Urban Outfitters, Inc. has a 1 year low of $33.86 and a 1 year high of $49.48.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last announced its quarterly earnings results on Tuesday, November 26th. The apparel retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.28. Urban Outfitters had a net margin of 6.11% and a return on equity of 15.86%. The company had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $1.34 billion. During the same quarter in the previous year, the business posted $0.88 earnings per share. Urban Outfitters's quarterly revenue was up 6.3% on a year-over-year basis. Analysts predict that Urban Outfitters, Inc. will post 3.79 earnings per share for the current fiscal year.

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.