Urban Outfitters, Inc. (NASDAQ:URBN) Shares Bought by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. increased its position in Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) by 183,272.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,094,731 shares of the apparel retailer's stock after buying an additional 1,094,134 shares during the period. Fuller & Thaler Asset Management Inc. owned 1.19% of Urban Outfitters worth $60,079,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its stake in shares of 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 worth $2,203,000 after acquiring an additional 4,281 shares in the last quarter. Dark Forest Capital Management LP purchased a new stake in shares of Urban Outfitters during the 4th quarter worth approximately $1,036,000. State of Tennessee Department of Treasury increased its position in Urban Outfitters by 19.1% in the fourth quarter. State of Tennessee Department of Treasury now owns 34,821 shares of the apparel retailer's stock worth $1,911,000 after buying an additional 5,578 shares during the last quarter. MetLife Investment Management LLC lifted its position in shares of Urban Outfitters by 5.2% during the 4th quarter. MetLife Investment Management LLC now owns 38,563 shares of the apparel retailer's stock valued at $2,116,000 after buying an additional 1,907 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in shares of Urban Outfitters by 45.6% during the 4th quarter. First Trust Advisors LP now owns 172,626 shares of the apparel retailer's stock worth $9,474,000 after acquiring an additional 54,034 shares during the period. 77.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. StockNews.com downgraded shares of Urban Outfitters from a "buy" rating to a "hold" rating in a report on Tuesday, April 22nd. Telsey Advisory Group increased their target price 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. Wells Fargo & Company upped their target price on shares of Urban Outfitters from $60.00 to $65.00 and gave the stock an "equal weight" rating in a report on Thursday, February 27th. UBS Group raised their price target on shares of Urban Outfitters from $45.00 to $60.00 and gave the stock a "neutral" rating in a report on Friday, January 10th. Finally, Robert W. Baird lifted their price objective on Urban Outfitters from $60.00 to $62.00 and gave the stock a "neutral" rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $55.18.

Insider Transactions at Urban Outfitters

In related news, Director Wesley S. Mcdonald sold 8,300 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $58.44, for a total value of $485,052.00. Following the sale, the director now owns 15,450 shares in the company, valued at approximately $902,898. The trade was a 34.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Azeez Hayne sold 11,676 shares of the business's stock in a transaction 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 over the last quarter. 31.80% of the stock is currently owned by insiders.

Urban Outfitters Trading Up 1.2 %

Urban Outfitters stock traded up $0.61 during mid-day trading on Tuesday, hitting $53.28. The company had a trading volume of 424,631 shares, compared to its average volume of 1,870,141. Urban Outfitters, Inc. has a 12 month low of $33.86 and a 12 month high of $61.16. The stock's 50 day moving average price is $51.19 and its two-hundred day moving average price is $49.59. The company has a market capitalization of $4.94 billion, a PE ratio of 15.25, a price-to-earnings-growth ratio of 1.02 and a beta of 1.37.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last posted its quarterly earnings results 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 analysts' expectations of $1.63 billion. Equities research analysts anticipate that Urban Outfitters, Inc. will post 3.91 EPS for the current year.

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.