5,270 Shares in Urban Outfitters, Inc. (NASDAQ:URBN) Purchased by 111 Capital

111 Capital acquired a new stake in shares of Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 5,270 shares of the apparel retailer's stock, valued at approximately $289,000.

A number of other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp grew its stake in shares of Urban Outfitters by 61.5% during the fourth 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 during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Urban Outfitters by 315.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,482 shares of the apparel retailer's stock valued at $82,000 after acquiring an additional 1,125 shares during the period. Asset Management One Co. Ltd. grew its position in Urban Outfitters by 38.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 1,699 shares of the apparel retailer's stock worth $95,000 after acquiring an additional 470 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake 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 worth $146,000 after purchasing an additional 250 shares during the period. Finally, Covestor Ltd lifted its position in Urban Outfitters by 159.5% in the fourth quarter. Covestor Ltd now owns 2,753 shares of the apparel retailer's stock valued at $151,000 after purchasing an additional 1,692 shares during the last quarter. 77.61% of the stock is owned by hedge funds and other institutional investors.

Urban Outfitters Trading Down 2.7%

NASDAQ:URBN traded down $1.96 on Wednesday, reaching $70.54. 1,891,347 shares of the stock traded hands, compared to its average volume of 1,973,288. The company has a market capitalization of $6.54 billion, a price-to-earnings ratio of 20.21, a PEG ratio of 1.02 and a beta of 1.45. The company's fifty day simple moving average is $56.23 and its 200 day simple moving average is $54.15. Urban Outfitters, Inc. has a 12 month low of $33.86 and a 12 month high of $75.80.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last announced its earnings results on Wednesday, May 21st. The apparel retailer reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.35. The business had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.29 billion. Urban Outfitters had a return on equity of 15.86% and a net margin of 6.11%. The business's revenue for the quarter was up 10.7% on a year-over-year basis. During the same period last year, the firm posted $0.69 earnings per share. Equities analysts anticipate that Urban Outfitters, Inc. will post 3.91 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on URBN shares. Wells Fargo & Company reiterated an "equal weight" rating on shares of Urban Outfitters in a report on Thursday, May 22nd. Jefferies Financial Group reissued an "underperform" rating and set a $46.00 target price (up from $42.00) on shares of Urban Outfitters in a research note on Wednesday, May 21st. Glj Research reiterated a "sell" rating on shares of Urban Outfitters in a report on Thursday, May 22nd. BMO Capital Markets set a $76.00 price objective on shares of Urban Outfitters and gave the company a "market perform" rating in a research report on Thursday, May 22nd. Finally, Citigroup decreased their price objective on shares of Urban Outfitters from $65.00 to $54.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $69.36.

Insiders Place Their Bets

In related news, insider Margaret Hayne sold 80,000 shares of the company's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $72.59, for a total transaction of $5,807,200.00. Following the completion of the transaction, the insider now owns 100 shares in the company, valued at approximately $7,259. This represents a 99.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kotzman Kelly Campbell sold 6,800 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $75.10, for a total transaction of $510,680.00. Following the completion of the sale, the director now owns 4,750 shares in the company, valued at approximately $356,725. The trade was a 58.87% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 176,332 shares of company stock worth $12,497,479. Company insiders own 31.60% of the company's stock.

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.