Urban Outfitters, Inc. (NASDAQ:URBN) Shares Sold by Caxton Associates LP

Caxton Associates LP lessened its holdings in Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) by 48.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 22,970 shares of the apparel retailer's stock after selling 21,161 shares during the period. Caxton Associates LP's holdings in Urban Outfitters were worth $1,261,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in URBN. Jones Financial Companies Lllp raised its position in shares of Urban Outfitters by 61.5% during the 4th quarter. Jones Financial Companies Lllp now owns 525 shares of the apparel retailer's stock valued at $29,000 after buying an additional 200 shares in the last quarter. GAMMA Investing LLC raised its stake 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 acquiring an additional 202 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in shares of Urban Outfitters by 10.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,664 shares of the apparel retailer's stock worth $146,000 after purchasing an additional 250 shares during the period. Natixis Advisors LLC grew its holdings in Urban Outfitters by 1.7% during the 4th quarter. Natixis Advisors LLC now owns 15,434 shares of the apparel retailer's stock valued at $847,000 after purchasing an additional 252 shares during the last quarter. Finally, Summit Investment Advisors Inc. grew its stake in shares of Urban Outfitters by 5.6% during the fourth quarter. Summit Investment Advisors Inc. now owns 6,628 shares of the apparel retailer's stock valued at $364,000 after buying an additional 351 shares during the last quarter. 77.61% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Azeez Hayne sold 11,676 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $54.75, for a total value of $639,261.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Tricia D. Smith sold 10,000 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $53.94, for a total value of $539,400.00. Following the sale, the chief executive officer now owns 12,601 shares in the company, valued at $679,697.94. This trade represents a 44.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,976 shares of company stock valued at $1,663,713. Company insiders own 31.60% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on URBN shares. Robert W. Baird upped their price objective on Urban Outfitters from $60.00 to $62.00 and gave the company a "neutral" rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. lowered their price objective on shares of Urban Outfitters from $56.00 to $50.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Wells Fargo & Company reduced their target price on shares of Urban Outfitters from $65.00 to $55.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 30th. Barclays increased their price objective on Urban Outfitters from $63.00 to $68.00 and gave the stock an "overweight" rating in a research note on Friday, February 28th. Finally, Citigroup lowered their price target on shares of Urban Outfitters from $65.00 to $54.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $54.18.

Urban Outfitters Stock Up 0.1 %

Shares of NASDAQ:URBN traded up $0.06 during trading on Friday, hitting $51.85. The stock had a trading volume of 1,395,448 shares, compared to its average volume of 1,892,078. The stock has a 50-day simple moving average of $50.71 and a two-hundred day simple moving average of $50.50. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 1.02 and a beta of 1.33. Urban Outfitters, Inc. has a 12-month low of $33.86 and a 12-month high of $61.16.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last announced 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 net margin of 6.11% and a return on equity of 15.86%. The business had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.63 billion. As a group, sell-side analysts forecast that Urban Outfitters, Inc. will post 3.91 earnings per share for the current 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.