Teachers Advisors LLC Raises Holdings in Urban Outfitters, Inc. (URBN)

Teachers Advisors LLC lifted its stake in shares of Urban Outfitters, Inc. (NASDAQ:URBN) by 13.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 161,819 shares of the apparel retailer’s stock after purchasing an additional 19,559 shares during the quarter. Teachers Advisors LLC owned about 0.15% of Urban Outfitters worth $5,673,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in URBN. New York State Common Retirement Fund raised its stake in shares of Urban Outfitters by 27.0% during the third quarter. New York State Common Retirement Fund now owns 246,100 shares of the apparel retailer’s stock worth $5,882,000 after purchasing an additional 52,260 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Urban Outfitters by 7.8% during the third quarter. Russell Investments Group Ltd. now owns 149,795 shares of the apparel retailer’s stock worth $3,580,000 after purchasing an additional 10,884 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Urban Outfitters by 6.3% during the third quarter. Legal & General Group Plc now owns 119,189 shares of the apparel retailer’s stock worth $2,849,000 after purchasing an additional 7,046 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Urban Outfitters by 40.3% during the third quarter. Schwab Charles Investment Management Inc. now owns 336,114 shares of the apparel retailer’s stock worth $8,034,000 after purchasing an additional 96,552 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Urban Outfitters by 32.9% during the third quarter. Dimensional Fund Advisors LP now owns 4,252,727 shares of the apparel retailer’s stock worth $101,640,000 after purchasing an additional 1,053,712 shares during the last quarter. Institutional investors and hedge funds own 76.74% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of URBN stock opened at $38.54 on Monday. Urban Outfitters, Inc. has a 1-year low of $16.19 and a 1-year high of $38.70. The firm has a market cap of $4,182.75, a P/E ratio of 23.08, a price-to-earnings-growth ratio of 1.42 and a beta of 0.54.

Urban Outfitters (NASDAQ:URBN) last announced its quarterly earnings data on Tuesday, March 6th. The apparel retailer reported $0.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.06. Urban Outfitters had a return on equity of 14.19% and a net margin of 2.99%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the company posted $0.55 earnings per share. Urban Outfitters’s quarterly revenue was up 5.7% on a year-over-year basis. analysts expect that Urban Outfitters, Inc. will post 2.27 EPS for the current fiscal year.

URBN has been the subject of several analyst reports. Robert W. Baird set a $39.00 price target on Urban Outfitters and gave the stock a “buy” rating in a research note on Friday, December 22nd. Jefferies Group restated a “buy” rating and set a $40.00 price target on shares of Urban Outfitters in a research note on Monday, December 18th. KeyCorp restated a “buy” rating on shares of Urban Outfitters in a research note on Friday, December 15th. SunTrust Banks set a $35.00 price target on Urban Outfitters and gave the stock a “buy” rating in a research note on Monday, December 11th. Finally, BidaskClub cut Urban Outfitters from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 6th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $31.44.

In other Urban Outfitters news, CEO Margaret Hayne sold 41,100 shares of the company’s stock in a transaction on Wednesday, March 21st. The stock was sold at an average price of $36.65, for a total value of $1,506,315.00. Following the sale, the chief executive officer now owns 1,066,184 shares of the company’s stock, valued at $39,075,643.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Scott A. Belair sold 30,000 shares of the company’s stock in a transaction on Wednesday, March 28th. The shares were sold at an average price of $36.56, for a total value of $1,096,800.00. Following the completion of the sale, the director now directly owns 2,470,000 shares in the company, valued at approximately $90,303,200. The disclosure for this sale can be found here. Insiders sold 191,865 shares of company stock worth $6,907,509 in the last three months. 26.30% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: “Teachers Advisors LLC Raises Holdings in Urban Outfitters, Inc. (URBN)” was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The legal version of this story can be read at https://www.tickerreport.com/banking-finance/3343171/teachers-advisors-llc-raises-holdings-in-urban-outfitters-inc-urbn.html.

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.

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

Receive News & Ratings for Urban Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban Outfitters and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

National Grid  Receives Daily Media Sentiment Rating of 0.07
National Grid Receives Daily Media Sentiment Rating of 0.07
Investors Sell Shares of iShares S&P 500 Value ETF  on Strength
Investors Sell Shares of iShares S&P 500 Value ETF on Strength
Investors Buy Analog Devices  on Weakness
Investors Buy Analog Devices on Weakness
WETH Trading Up 28.3% Over Last Week
WETH Trading Up 28.3% Over Last Week
Incent  Market Capitalization Hits $18.58 Million
Incent Market Capitalization Hits $18.58 Million
Analyzing Apple  & Omnicell Technologies
Analyzing Apple & Omnicell Technologies


© 2006-2018 Ticker Report. Google+.