BRYN MAWR TRUST Co bought a new position in shares of Urban Outfitters, Inc. (NASDAQ:URBN) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,900 shares of the apparel retailer’s stock, valued at approximately $207,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in URBN. Trust Co. of Vermont bought a new position in Urban Outfitters during the fourth quarter worth $110,000. State of Alaska Department of Revenue bought a new position in Urban Outfitters during the fourth quarter worth $175,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Urban Outfitters by 42.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,094 shares of the apparel retailer’s stock worth $179,000 after buying an additional 1,522 shares during the last quarter. Shelton Capital Management bought a new position in Urban Outfitters during the fourth quarter worth $234,000. Finally, Invictus RG bought a new position in Urban Outfitters during the third quarter worth $241,000. 76.74% of the stock is owned by institutional investors and hedge funds.

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A number of equities analysts recently weighed in on the stock. SunTrust Banks set a $35.00 target price on shares of Urban Outfitters and gave the stock a “buy” rating in a research note on Monday, December 11th. Robert W. Baird reissued a “buy” rating and set a $42.00 target price (up previously from $39.00) on shares of Urban Outfitters in a research note on Wednesday, March 7th. KeyCorp reaffirmed a “positive” rating and issued a $45.00 price target (up from $36.00) on shares of Urban Outfitters in a research note on Wednesday, March 7th. Zacks Investment Research raised shares of Urban Outfitters from a “hold” rating to a “strong-buy” rating and set a $34.00 price target for the company in a research note on Thursday, November 23rd. Finally, BMO Capital Markets reaffirmed a “neutral” rating and issued a $37.00 price target on shares of Urban Outfitters in a research note on Wednesday, March 7th. Three analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $31.04.

In other news, Director Joel S. Lawson III sold 20,000 shares of Urban Outfitters stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $35.71, for a total transaction of $714,200.00. Following the completion of the transaction, the director now directly owns 27,000 shares in the company, valued at $964,170. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Frank Conforti sold 20,941 shares of Urban Outfitters stock in a transaction dated Tuesday, March 13th. The shares were sold at an average price of $35.27, for a total transaction of $738,589.07. The disclosure for this sale can be found here. Insiders have sold 100,765 shares of company stock valued at $3,566,394 over the last quarter. Corporate insiders own 26.30% of the company’s stock.

Urban Outfitters, Inc. (NASDAQ:URBN) opened at $36.01 on Friday. The stock has a market cap of $3,938.08, a PE ratio of 37.51, a PEG ratio of 1.35 and a beta of 0.56. Urban Outfitters, Inc. has a twelve month low of $16.19 and a twelve month high of $38.28.

Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings data on Tuesday, March 6th. The apparel retailer reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Urban Outfitters had a net margin of 2.99% and a return on equity of 14.19%. The business’s revenue was up 5.7% on a year-over-year basis. During the same period last year, the company earned $0.55 earnings per share. equities research analysts expect that Urban Outfitters, Inc. will post 2.25 EPS for the current fiscal year.

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Urban Outfitters Company Profile

Urban Outfitters, Inc is a lifestyle specialty retail company. The Company operates through two segments: 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 customers through retail stores, Websites, mobile applications, catalogs and customer contact centers.

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

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