Leeward Investments LLC MA Sells 1,092 Shares of Urban Outfitters, Inc. (NASDAQ:URBN)

Leeward Investments LLC MA lowered its position in shares of Urban Outfitters, Inc. (NASDAQ:URBN) by 0.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 322,778 shares of the apparel retailer’s stock after selling 1,092 shares during the period. Leeward Investments LLC MA owned 0.35% of Urban Outfitters worth $12,366,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Urban Outfitters by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 8,054,721 shares of the apparel retailer’s stock valued at $349,736,000 after acquiring an additional 382,135 shares during the last quarter. Marshall Wace LLP grew its stake in Urban Outfitters by 116.3% in the 2nd quarter. Marshall Wace LLP now owns 2,288,817 shares of the apparel retailer’s stock worth $93,956,000 after buying an additional 1,230,771 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Urban Outfitters by 20.5% in the 2nd quarter. American Century Companies Inc. now owns 1,555,067 shares of the apparel retailer’s stock worth $63,836,000 after buying an additional 264,708 shares during the last quarter. Systematic Financial Management LP raised its position in shares of Urban Outfitters by 0.4% during the 2nd quarter. Systematic Financial Management LP now owns 684,133 shares of the apparel retailer’s stock valued at $28,084,000 after buying an additional 2,674 shares in the last quarter. Finally, Woodson Capital Management LP bought a new stake in shares of Urban Outfitters during the 1st quarter worth $27,233,000. Institutional investors own 77.61% of the company’s stock.

Urban Outfitters Trading Down 0.2 %

Urban Outfitters stock opened at $36.26 on Thursday. Urban Outfitters, Inc. has a 1-year low of $31.37 and a 1-year high of $48.90. The firm has a market cap of $3.35 billion, a P/E ratio of 11.09, a P/E/G ratio of 0.87 and a beta of 1.50. The firm has a 50-day moving average of $36.54 and a 200-day moving average of $40.19.

Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings data on Wednesday, August 21st. The apparel retailer reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.24. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.34 billion. Urban Outfitters had a return on equity of 15.49% and a net margin of 5.83%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company earned $1.10 EPS. Research analysts forecast that Urban Outfitters, Inc. will post 3.63 earnings per share for the current fiscal year.

Insider Buying and Selling at Urban Outfitters

In other news, CEO Tricia D. Smith sold 11,730 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $35.29, for a total value of $413,951.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 31.80% of the company’s stock.

Analysts Set New Price Targets

URBN has been the topic of a number of research analyst reports. Bank of America reduced their target price on Urban Outfitters from $52.00 to $46.00 and set a “buy” rating on the stock in a research note on Thursday, August 22nd. Telsey Advisory Group cut Urban Outfitters from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $49.00 to $44.00 in a report on Thursday, August 22nd. Barclays cut their target price on Urban Outfitters from $52.00 to $43.00 and set an “overweight” rating for the company in a research note on Thursday, August 22nd. BMO Capital Markets decreased their price target on shares of Urban Outfitters from $42.00 to $39.00 and set a “market perform” rating on the stock in a research note on Thursday, August 22nd. Finally, Jefferies Financial Group lowered their price objective on shares of Urban Outfitters from $35.00 to $34.00 and set an “underperform” rating for the company in a report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $42.30.

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.