Susquehanna Fundamental Investments LLC Purchases Shares of 186,209 Urban Outfitters, Inc. (NASDAQ:URBN)

Susquehanna Fundamental Investments LLC purchased a new position in shares of Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 186,209 shares of the apparel retailer's stock, valued at approximately $10,219,000. Susquehanna Fundamental Investments LLC owned approximately 0.20% of Urban Outfitters at the end of the most recent quarter.

Several other large investors have also made changes to their positions in URBN. Fuller & Thaler Asset Management Inc. lifted its stake in Urban Outfitters by 183,272.0% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,094,731 shares of the apparel retailer's stock valued at $60,079,000 after purchasing an additional 1,094,134 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Urban Outfitters by 11.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 40,140 shares of the apparel retailer's stock valued at $2,203,000 after purchasing an additional 4,281 shares during the last quarter. Dark Forest Capital Management LP bought a new position in Urban Outfitters in the 4th quarter valued at approximately $1,036,000. State of Tennessee Department of Treasury lifted its stake in Urban Outfitters by 19.1% in the 4th quarter. State of Tennessee Department of Treasury now owns 34,821 shares of the apparel retailer's stock valued at $1,911,000 after purchasing an additional 5,578 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its stake in Urban Outfitters by 5.2% in the 4th quarter. MetLife Investment Management LLC now owns 38,563 shares of the apparel retailer's stock valued at $2,116,000 after purchasing an additional 1,907 shares during the last quarter. Institutional investors and hedge funds own 77.61% of the company's stock.

Insider Activity at Urban Outfitters

In related news, Director Wesley S. Mcdonald sold 8,300 shares of the business's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $58.44, for a total value of $485,052.00. Following the completion of the sale, the director now directly owns 15,450 shares of the company's stock, valued at $902,898. The trade was a 34.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Azeez Hayne sold 11,676 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $54.75, for a total value of $639,261.00. The disclosure for this sale can be found here. Insiders sold 29,976 shares of company stock valued at $1,663,713 in the last three months. Corporate insiders own 31.80% of the company's stock.

Analyst Ratings Changes

URBN has been the subject of several research reports. UBS Group increased their price objective on shares of Urban Outfitters from $45.00 to $60.00 and gave the company a "neutral" rating in a research note on Friday, January 10th. JPMorgan Chase & Co. decreased their price objective on Urban Outfitters from $56.00 to $50.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Morgan Stanley raised Urban Outfitters from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $41.00 to $63.00 in a report on Tuesday, January 21st. Wells Fargo & Company cut their target price on Urban Outfitters from $65.00 to $55.00 and set an "equal weight" rating on the stock in a report on Wednesday. Finally, Citigroup cut their target price on Urban Outfitters from $65.00 to $54.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $54.27.

Urban Outfitters Stock Performance

Shares of URBN stock traded up $0.05 during mid-day trading on Thursday, hitting $52.83. The company's stock had a trading volume of 1,568,407 shares, compared to its average volume of 1,877,182. The company's fifty day simple moving average is $51.16 and its 200-day simple moving average is $49.64. Urban Outfitters, Inc. has a 52 week low of $33.86 and a 52 week high of $61.16. The company has a market cap of $4.90 billion, a PE ratio of 15.14, a P/E/G ratio of 1.02 and a beta of 1.37.

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. Urban Outfitters had a return on equity of 15.86% and a net margin of 6.11%. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.63 billion. On average, equities analysts anticipate 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.