12,066 Shares in Urban Outfitters, Inc. (NASDAQ:URBN) Bought by Numerai GP LLC

Numerai GP LLC acquired a new position in Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 12,066 shares of the apparel retailer's stock, valued at approximately $662,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its stake in shares of Urban Outfitters by 61.5% in the 4th quarter. Jones Financial Companies Lllp now owns 525 shares of the apparel retailer's stock worth $29,000 after acquiring an additional 200 shares during the period. Smartleaf Asset Management LLC boosted its stake 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 purchasing an additional 1,125 shares in the last quarter. Asset Management One Co. Ltd. increased its position in shares of 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 valued at $95,000 after purchasing an additional 470 shares during the period. Steward Partners Investment Advisory LLC increased its position 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 valued at $146,000 after purchasing an additional 250 shares during the period. Finally, Covestor Ltd raised 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 worth $151,000 after buying an additional 1,692 shares in the last quarter. 77.61% of the stock is owned by institutional investors.

Insider Buying and Selling at Urban Outfitters

In other news, CEO Tricia D. Smith sold 10,000 shares of the business'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 sale, the chief executive officer now owns 12,601 shares of the company's stock, valued at $679,697.94. The trade was a 44.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Azeez Hayne sold 11,676 shares of Urban Outfitters stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $54.75, for a total transaction of $639,261.00. The disclosure for this sale can be found here. Insiders sold 29,976 shares of company stock worth $1,663,713 in the last quarter. 31.60% of the stock is currently owned by company insiders.

Urban Outfitters Trading Up 0.3%

NASDAQ URBN traded up $0.19 during trading on Tuesday, hitting $61.61. 876,800 shares of the company's stock were exchanged, compared to its average volume of 1,910,659. The company has a market cap of $5.71 billion, a PE ratio of 17.62, a P/E/G ratio of 1.02 and a beta of 1.33. The stock's 50 day moving average price is $51.43 and its two-hundred day moving average price is $51.63. Urban Outfitters, Inc. has a fifty-two week low of $33.86 and a fifty-two week high of $63.21.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The apparel retailer reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.15. The company had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.63 billion. Urban Outfitters had a net margin of 6.11% and a return on equity of 15.86%. Analysts forecast that Urban Outfitters, Inc. will post 3.91 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on URBN shares. Barclays upped their price target on Urban Outfitters from $59.00 to $73.00 and gave the company an "overweight" rating in a report on Tuesday. Robert W. Baird upped their target price on Urban Outfitters from $60.00 to $62.00 and gave the stock a "neutral" rating in a research report on Thursday, February 27th. Citigroup cut their price objective on Urban Outfitters from $65.00 to $54.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Wells Fargo & Company cut their price target on Urban Outfitters from $65.00 to $55.00 and set an "equal weight" rating for the company in a report on Wednesday, April 30th. Finally, UBS Group lifted their target price on shares of Urban Outfitters from $45.00 to $54.00 and gave the company a "neutral" rating in a research report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $55.27.

Urban Outfitters Company 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.