Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in Urban Outfitters, Inc. (NASDAQ:URBN) by 28.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,495 shares of the apparel retailer’s stock after selling 6,211 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Urban Outfitters were worth $634,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mount Yale Investment Advisors LLC bought a new position in Urban Outfitters in the second quarter worth $109,000. Point72 Hong Kong Ltd raised its holdings in Urban Outfitters by 145.5% in the second quarter. Point72 Hong Kong Ltd now owns 2,600 shares of the apparel retailer’s stock worth $116,000 after purchasing an additional 1,541 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in Urban Outfitters in the third quarter worth $149,000. Envestnet Asset Management Inc. raised its holdings in Urban Outfitters by 679.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,710 shares of the apparel retailer’s stock worth $166,000 after purchasing an additional 3,234 shares in the last quarter. Finally, Advisors Preferred LLC raised its holdings in Urban Outfitters by 50.2% in the second quarter. Advisors Preferred LLC now owns 3,780 shares of the apparel retailer’s stock worth $169,000 after purchasing an additional 1,264 shares in the last quarter. Institutional investors and hedge funds own 81.24% of the company’s stock.

Shares of NASDAQ:URBN opened at $37.84 on Friday. Urban Outfitters, Inc. has a 1-year low of $31.20 and a 1-year high of $52.50. The firm has a market cap of $4.09 billion, a PE ratio of 22.66, a P/E/G ratio of 1.23 and a beta of 0.52.

Urban Outfitters (NASDAQ:URBN) last released its quarterly earnings data on Monday, November 19th. The apparel retailer reported $0.70 EPS for the quarter, beating the consensus estimate of $0.63 by $0.07. Urban Outfitters had a return on equity of 20.65% and a net margin of 5.44%. The company had revenue of $973.50 million for the quarter, compared to analysts’ expectations of $967.82 million. During the same period last year, the firm posted $0.41 earnings per share. Urban Outfitters’s revenue was up 9.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Urban Outfitters, Inc. will post 2.73 EPS for the current fiscal year.

Several equities analysts have recently weighed in on URBN shares. MKM Partners raised their price target on Urban Outfitters to $47.00 and gave the company a “neutral” rating in a report on Wednesday, August 22nd. Zacks Investment Research upgraded Urban Outfitters from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a report on Thursday. B. Riley raised their price target on Urban Outfitters from $42.00 to $52.00 and gave the company a “neutral” rating in a report on Wednesday, August 22nd. Loop Capital raised their price target on Urban Outfitters from $55.00 to $56.00 and gave the company a “sell” rating in a report on Tuesday, August 21st. Finally, Robert W. Baird restated a “hold” rating and set a $47.00 price target on shares of Urban Outfitters in a report on Tuesday, November 20th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the stock. Urban Outfitters currently has a consensus rating of “Hold” and an average price target of $45.32.

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Urban Outfitters Profile

Urban Outfitters, Inc, a lifestyle products and services company, engages in the retail and wholesale of general consumer products. The company retails women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28 under the Urban Outfitters brand; and women's casual apparel and accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty products for women aged 28 to 45 under the Anthropologie brand.

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

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