Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 56,847 Urban Outfitters, Inc. (NASDAQ:URBN)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 56,847 shares of the apparel retailer's stock, valued at approximately $2,979,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Urban Outfitters as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the business. Whipplewood Advisors LLC increased its stake in shares of Urban Outfitters by 2,893.8% in the 1st quarter. Whipplewood Advisors LLC now owns 479 shares of the apparel retailer's stock valued at $25,000 after buying an additional 463 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of Urban Outfitters in the 1st quarter valued at $52,000. GAMMA Investing LLC increased its stake in shares of Urban Outfitters by 34.7% in the 1st quarter. GAMMA Investing LLC now owns 1,022 shares of the apparel retailer's stock valued at $54,000 after buying an additional 263 shares during the period. Covestor Ltd increased its stake in shares of Urban Outfitters by 159.5% in the 4th quarter. Covestor Ltd now owns 2,753 shares of the apparel retailer's stock valued at $151,000 after buying an additional 1,692 shares during the period. Finally, New Age Alpha Advisors LLC acquired a new stake in shares of Urban Outfitters in the 4th quarter valued at $173,000. Institutional investors own 77.61% of the company's stock.

Insider Buying and Selling at Urban Outfitters

In related news, CEO Tricia D. Smith sold 4,500 shares of the company's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $70.52, for a total transaction of $317,340.00. Following the sale, the chief executive officer owned 13,477 shares in the company, valued at approximately $950,398.04. This represents a 25.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Melanie Marein-Efron sold 20,000 shares of the company's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $73.36, for a total value of $1,467,200.00. Following the sale, the chief financial officer owned 5,036 shares in the company, valued at $369,440.96. The trade was a 79.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 159,156 shares of company stock valued at $11,636,158 in the last ninety days. Insiders own 31.60% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on URBN shares. Baird R W raised Urban Outfitters from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 11th. Glj Research reaffirmed a "sell" rating on shares of Urban Outfitters in a research note on Thursday, May 22nd. Citigroup decreased their price objective on Urban Outfitters from $65.00 to $54.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Bank of America boosted their target price on Urban Outfitters from $70.00 to $80.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. Finally, Wells Fargo & Company reissued an "equal weight" rating on shares of Urban Outfitters in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $75.00.

Urban Outfitters Trading Up 1.2%

Shares of Urban Outfitters stock traded up $0.93 during trading on Friday, reaching $76.21. The stock had a trading volume of 2,036,002 shares, compared to its average volume of 2,159,493. The company has a market capitalization of $6.83 billion, a price-to-earnings ratio of 15.94, a P/E/G ratio of 1.32 and a beta of 1.44. The stock has a fifty day moving average price of $71.79 and a two-hundred day moving average price of $59.98. Urban Outfitters, Inc. has a 52 week low of $33.86 and a 52 week high of $78.22.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last issued its quarterly earnings results on Wednesday, May 21st. The apparel retailer reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.35. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.29 billion. Urban Outfitters had a return on equity of 17.98% and a net margin of 7.91%. The company's quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 earnings per share. On average, equities analysts forecast that Urban Outfitters, Inc. will post 3.91 EPS 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.