Eisler Capital Management Ltd. Makes New Investment in Urban Outfitters, Inc. (NASDAQ:URBN)

Eisler Capital Management Ltd. purchased a new stake in Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 55,243 shares of the apparel retailer's stock, valued at approximately $3,139,000. Eisler Capital Management Ltd. owned about 0.06% of Urban Outfitters as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Jones Financial Companies Lllp boosted its holdings in Urban Outfitters by 61.5% in the 4th 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 during the period. GAMMA Investing LLC boosted its stake in shares of Urban Outfitters by 36.3% in the 4th quarter. GAMMA Investing LLC now owns 759 shares of the apparel retailer's stock valued at $42,000 after purchasing an additional 202 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Urban Outfitters by 315.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,482 shares of the apparel retailer's stock worth $82,000 after buying an additional 1,125 shares in the last quarter. Asset Management One Co. Ltd. increased its holdings in Urban Outfitters by 38.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 1,699 shares of the apparel retailer's stock worth $95,000 after purchasing an additional 470 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in Urban Outfitters by 10.4% in the 4th 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 during the last quarter. 77.61% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Urban Outfitters news, insider Azeez Hayne sold 11,676 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $54.75, for a total transaction of $639,261.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tricia D. Smith sold 10,000 shares of the firm's stock in a transaction that occurred 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 position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,976 shares of company stock worth $1,663,713. Insiders own 31.60% of the company's stock.

Urban Outfitters Trading Up 2.3%

NASDAQ URBN traded up $1.35 during trading hours on Wednesday, hitting $60.68. 1,087,661 shares of the company's stock were exchanged, compared to its average volume of 1,898,503. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 17.39, a PEG ratio of 1.02 and a beta of 1.33. The stock has a 50-day simple moving average of $50.82 and a 200 day simple moving average of $50.82. Urban Outfitters, Inc. has a 1-year low of $33.86 and a 1-year high of $61.16.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last issued its earnings results on Wednesday, February 26th. The apparel retailer reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.15. Urban Outfitters had a return on equity of 15.86% and a net margin of 6.11%. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates 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 several recent research reports. Robert W. Baird boosted their target price on shares of Urban Outfitters from $60.00 to $62.00 and gave the stock a "neutral" rating in a report on Thursday, February 27th. UBS Group raised their target price on Urban Outfitters from $45.00 to $54.00 and gave the stock a "neutral" rating in a research report on Tuesday. StockNews.com downgraded Urban Outfitters from a "buy" rating to a "hold" rating in a report on Tuesday, April 22nd. Barclays decreased their price target on Urban Outfitters from $68.00 to $59.00 and set an "overweight" rating for the company in a research note on Monday. Finally, Telsey Advisory Group raised their price objective on Urban Outfitters from $56.00 to $59.00 and gave the stock a "market perform" rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $52.82.

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.