Short Interest Reporting: It Seems Urban Outfitters Incorporated (NASDAQ:URBN) Will Go Up. Just Reported Less Shorted Shares

November 18, 2016 - By Louis Casey   ·   0 Comments

Short Interest Reporting: It Seems Urban Outfitters Incorporated (NASDAQ:URBN) Will Go Up. Just Reported Less Shorted Shares

The stock of Urban Outfitters Incorporated (NASDAQ:URBN) registered a decrease of 1.23% in short interest. URBN’s total short interest was 11.38 million shares in November as published by FINRA. Its down 1.23% from 11.53M shares, reported previously. With 2.44 million shares average volume, it will take short sellers 5 days to cover their URBN’s short positions. The short interest to Urban Outfitters Incorporated’s float is 12.76%. About 1.82M shares traded hands. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 25.06% since April 18, 2016 and is uptrending. It has outperformed by 20.63% the S&P500.

Urban Outfitters, Inc. is a lifestyle specialty retail company. The company has a market cap of $4.33 billion. The Firm operates through two divisions: Retail and Wholesale. It has a 19.15 P/E ratio. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its clients through retail stores, Websites, mobile applications, catalogs and customer contact centers.

Insitutional Activity: The institutional sentiment increased to 1.19 in 2016 Q2. Its up 0.12, from 1.07 in 2016Q1. The ratio increased, as 45 funds sold all Urban Outfitters, Inc. shares owned while 91 reduced positions. 39 funds bought stakes while 107 increased positions. They now own 83.39 million shares or 1.57% less from 84.73 million shares in 2016Q1.
Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 2,823 shares. Mizuho And Banking Ltd accumulated 119,899 shares or 0.01% of the stock. Blackrock Fund Advsrs has invested 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Moreover, Tiaa Cref Inv Mgmt Lc has 0.02% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 930,352 shares. Qs Invsts reported 1,837 shares or 0% of all its holdings. Natl Bank Of Ny Mellon holds 0.02% or 1.88 million shares in its portfolio. The Minnesota-based Disciplined Growth Mn has invested 0.64% in Urban Outfitters, Inc. (NASDAQ:URBN). Systematic Financial L P holds 0.03% or 69,480 shares in its portfolio. Creative Planning has 2,260 shares for 0% of their US portfolio. Petrus Trust Lta accumulated 1.28% or 206,303 shares. Hartford Inv Mngmt owns 18,917 shares or 0.01% of their US portfolio. California Pub Employees Retirement accumulated 0.02% or 347,400 shares. Princeton Alpha Management Ltd Partnership last reported 0.09% of its portfolio in the stock. Catalyst Cap Advsrs Ltd Co last reported 0.02% of its portfolio in the stock. Moreover, Fny Managed Accounts Limited has 0% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 1,000 shares.

Insider Transactions: Since May 24, 2016, the stock had 0 insider buys, and 3 insider sales for $492,926 net activity. 6,260 shares with value of $250,087 were sold by Hayne Azeez on Monday, November 14. Conforti Frank had sold 3,300 shares worth $93,159 on Tuesday, May 24.

Urban Outfitters, Inc. (NASDAQ:URBN) Ratings Coverage

Out of 30 analysts covering Urban Outfitters Inc. (NASDAQ:URBN), 10 rate it a “Buy”, 0 “Sell”, while 20 “Hold”. This means 33% are positive. Urban Outfitters Inc. has been the topic of 74 analyst reports since July 31, 2015 according to StockzIntelligence Inc. FBR Capital maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Tuesday, March 8. FBR Capital has “Market Perform” rating and $29 price target. Citigroup maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Wednesday, August 17. Citigroup has “Buy” rating and $42 price target. The rating was maintained by Macquarie Research on Tuesday, March 8 with “Neutral”. BMO Capital Markets maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Tuesday, August 18. BMO Capital Markets has “Market Perform” rating and $30 price target. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Tuesday, November 17 report. The company was maintained on Tuesday, November 17 by Mizuho. Wunderlich downgraded the stock to “Hold” rating in Monday, October 19 report. The firm earned “Equal-Weight” rating on Thursday, November 17 by Morgan Stanley. The rating was downgraded by Cantor Fitzgerald to “Hold” on Tuesday, November 17. Wolfe Research initiated the stock with “Peer Perform” rating in Tuesday, August 18 report.

URBN Company Profile

Urban Outfitters, Inc., incorporated on August 06, 1976, is a lifestyle specialty retail company. The Firm operates through two divisions: Retail and Wholesale. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its clients through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Retail segment also includes Vetri Family, which operates restaurants under the names Amis, Alla Spina, Lo Spiedo, Pizzeria Vetri and Osteria. The Company’s Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young women’s contemporary casual apparel and shoes through individual and chain specialty stores and department stores.

More news for Urban Outfitters, Inc. (NASDAQ:URBN) were recently published by: Usatoday.com, which released: “Navajo Nation, Urban Outfitters settle designs suit” on November 18, 2016. Streetinsider.com‘s article titled: “Form 4 URBAN OUTFITTERS INC For: Nov 14 Filed by: Hayne Azeez” and published on November 16, 2016 is yet another important article.

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By Louis Casey


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