Dimensional Fund Advisors LP Has $312.57 Million Holdings in Urban Outfitters, Inc. (NASDAQ:URBN)

Dimensional Fund Advisors LP reduced its stake in shares of Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) by 4.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,695,425 shares of the apparel retailer's stock after selling 260,810 shares during the quarter. Dimensional Fund Advisors LP owned about 6.17% of Urban Outfitters worth $312,568,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp increased its holdings in shares of Urban Outfitters by 61.5% in the fourth quarter. Jones Financial Companies Lllp now owns 525 shares of the apparel retailer's stock worth $29,000 after acquiring an additional 200 shares in the last quarter. GAMMA Investing LLC lifted its stake in Urban Outfitters by 36.3% in the fourth quarter. GAMMA Investing LLC now owns 759 shares of the apparel retailer's stock valued at $42,000 after buying an additional 202 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Urban Outfitters by 315.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,482 shares of the apparel retailer's stock worth $82,000 after acquiring an additional 1,125 shares in the last quarter. Asset Management One Co. Ltd. raised its holdings in shares of Urban Outfitters by 38.2% during the fourth 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 period. Finally, Steward Partners Investment Advisory LLC boosted 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. 77.61% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Wesley S. Mcdonald sold 8,300 shares of the firm's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $58.44, for a total transaction of $485,052.00. Following the transaction, the director now directly owns 15,450 shares of the company's stock, valued at approximately $902,898. This trade represents a 34.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Tricia D. Smith sold 10,000 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $53.94, for a total transaction of $539,400.00. Following the completion of the sale, the chief executive officer now directly owns 12,601 shares of the company's stock, valued at $679,697.94. This represents a 44.25 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,976 shares of company stock valued at $1,663,713. 31.80% of the stock is owned by insiders.

Urban Outfitters Price Performance

URBN stock traded up $0.57 during midday trading on Friday, reaching $51.41. 1,410,755 shares of the company were exchanged, compared to its average volume of 1,876,335. Urban Outfitters, Inc. has a one year low of $33.86 and a one year high of $61.16. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 14.73, a price-to-earnings-growth ratio of 1.02 and a beta of 1.37. The business has a 50-day moving average price of $51.25 and a two-hundred day moving average price of $49.30.

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

Analyst Ratings Changes

Several research firms have recently weighed in on URBN. Morgan Stanley raised Urban Outfitters from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $41.00 to $63.00 in a research report on Tuesday, January 21st. Citigroup reduced their target price 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. Robert W. Baird boosted their price target on shares of Urban Outfitters from $60.00 to $62.00 and gave the stock a "neutral" rating in a research report on Thursday, February 27th. Telsey Advisory Group upped their target price on Urban Outfitters from $56.00 to $59.00 and gave the stock a "market perform" rating in a report on Thursday, February 27th. Finally, UBS Group raised their price target on Urban Outfitters from $45.00 to $60.00 and gave the company a "neutral" rating in a research note on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $55.18.

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.