4,004 Shares in Urban Outfitters, Inc. (NASDAQ:URBN) Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. bought a new position in shares of Urban Outfitters, Inc. (NASDAQ:URBNFree Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,004 shares of the apparel retailer’s stock, valued at approximately $219,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hennessy Advisors Inc. grew its stake in Urban Outfitters by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 225,200 shares of the apparel retailer’s stock worth $12,359,000 after purchasing an additional 14,400 shares in the last quarter. Friedenthal Financial acquired a new position in Urban Outfitters during the 4th quarter worth $765,000. Harbor Capital Advisors Inc. grew its stake in Urban Outfitters by 17,631.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 35,817 shares of the apparel retailer’s stock worth $1,966,000 after purchasing an additional 35,615 shares in the last quarter. Diversified Trust Co grew its stake in Urban Outfitters by 10.6% during the 4th quarter. Diversified Trust Co now owns 18,765 shares of the apparel retailer’s stock worth $1,030,000 after purchasing an additional 1,801 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in Urban Outfitters by 36.3% during the 4th quarter. GAMMA Investing LLC now owns 759 shares of the apparel retailer’s stock worth $42,000 after purchasing an additional 202 shares in the last quarter. 77.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

URBN has been the subject of several analyst reports. Wells Fargo & Company boosted their target price on Urban Outfitters from $48.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. 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. StockNews.com raised Urban Outfitters from a “hold” rating to a “buy” rating in a research report on Saturday, January 18th. Barclays upped their price objective on Urban Outfitters from $51.00 to $63.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Finally, UBS Group upped their price objective on Urban Outfitters from $45.00 to $60.00 and gave the stock a “neutral” rating in a research report on Friday, January 10th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Urban Outfitters has a consensus rating of “Hold” and a consensus price target of $53.64.

Read Our Latest Analysis on URBN

Insider Buying and Selling at Urban Outfitters

In other Urban Outfitters news, Director Harry S. Cherken, Jr. sold 55,000 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $57.31, for a total transaction of $3,152,050.00. Following the completion of the sale, the director now directly owns 510,296 shares of the company’s stock, valued at $29,245,063.76. This represents a 9.73 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 31.80% of the stock is owned by company insiders.

Urban Outfitters Stock Down 5.9 %

Shares of NASDAQ URBN opened at $54.69 on Tuesday. The stock has a market cap of $5.05 billion, a PE ratio of 15.67, a price-to-earnings-growth ratio of 1.21 and a beta of 1.55. Urban Outfitters, Inc. has a 52-week low of $33.86 and a 52-week high of $60.90. The business has a 50-day moving average price of $52.38 and a 200 day moving average price of $43.64.

Urban Outfitters (NASDAQ:URBNGet Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The apparel retailer reported $1.10 EPS for the quarter, beating the consensus estimate of $0.85 by $0.25. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.34 billion. Urban Outfitters had a return on equity of 15.86% and a net margin of 6.11%. The firm’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.88 EPS. Sell-side analysts anticipate that Urban Outfitters, Inc. will post 3.91 earnings per share for the current year.

Urban Outfitters Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Urban Outfitters (NASDAQ:URBN)

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