November 29, 2016 - By Winifred Garcia · 0 Comments
Urban Outfitters Inc (NASDAQ:URBN) institutional sentiment increased to 1.19 in Q2 2016. Its up 0.12, from 1.07 in 2016Q1. The ratio is better, as 146 funds started new and increased equity positions, while 136 cut down and sold positions in Urban Outfitters Inc. The funds in our partner’s database now have: 83.39 million shares, down from 84.73 million shares in 2016Q1. Also, the number of funds holding Urban Outfitters Inc in their top 10 equity positions decreased from 5 to 0 for a decrease of 5. Sold All: 45 Reduced: 91 Increased: 107 New Position: 39.
Urban Outfitters, Inc. is a lifestyle specialty retail company. The company has a market cap of $3.64 billion. The Firm operates through two divisions: Retail and Wholesale. It has a 16.83 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.
About 2.35 million shares traded hands. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 3.68% since April 26, 2016 and is uptrending. It has underperformed by 1.58% the S&P500.
According to Zacks Investment Research, “Urban Outfitters, Inc. operates two business segments consisting of a lifestyle-oriented general merchandise retailing segment and a wholesale apparel business. The retailing segment operates through retail stores and direct response, including a catalog and two web sites. The company’s wholesale business designs and markets young women’s casual wear which it provides to the company’s retail operations and sells to specialty retailers worldwide.”
Sib Llc holds 3.79% of its portfolio in Urban Outfitters, Inc. for 161,038 shares. Fourpoints Investment Managers S.A.S. owns 94,300 shares or 1.81% of their US portfolio. Moreover, Aimz Investment Advisors Llc has 1.73% invested in the company for 68,456 shares. The New Jersey-based Seabridge Investment Advisors Llc has invested 1.61% in the stock. Fieldpoint Private Advisors Inc, a New York-based fund reported 74,250 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 2 sales for $399,767 net activity.
Ratings analysis reveals 30% of Urban Outfitters Inc.’s analysts are positive. Out of 30 Wall Street analysts rating Urban Outfitters Inc., 9 give it “Buy”, 0 “Sell” rating, while 21 recommend “Hold”. The lowest target is $20 while the high is $53. The stock’s average target of $32.38 is -0.06% below today’s ($32.4) share price. URBN was included in 76 notes of analysts from July 31, 2015. As per Tuesday, November 17, the company rating was downgraded by Cantor Fitzgerald. Telsey Advisory Group maintained it with “Market Perform” rating and $31 target price in Friday, June 10 report. As per Monday, August 22, the company rating was downgraded by Goldman Sachs. Oppenheimer maintained the stock with “Perform” rating in Wednesday, August 17 report. FBR Capital maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Tuesday, November 17 with “Mkt Perform” rating. On Wednesday, August 17 the stock rating was maintained by Goldman Sachs with “Buy”. As per Wednesday, September 7, the company rating was upgraded by Wolfe Research. As per Thursday, September 17, the company rating was initiated by M Partners. Mizuho maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Tuesday, November 17 with “Neutral” rating. The company was maintained on Tuesday, March 8 by Macquarie Research.
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 recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Wsj.com which released: “Urban Outfitters Rally Has Gone Too Far” on November 21, 2016. Also Seekingalpha.com published the news titled: “Another Correction Awaiting Urban Outfitters” on November 27, 2016. Investorplace.com‘s news article titled: “Urban Outfitters, Inc. (URBN) Shares Plunge on Q3 Earnings Results” with publication date: November 23, 2016 was also an interesting one.
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By Winifred Garcia