Woodson Capital Management LP Has $28.73 Million Position in Urban Outfitters, Inc. (NASDAQ:URBN)

Woodson Capital Management LP reduced its stake in shares of Urban Outfitters, Inc. (NASDAQ:URBN) by 11.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 750,000 shares of the apparel retailer’s stock after selling 100,000 shares during the period. Urban Outfitters accounts for approximately 5.6% of Woodson Capital Management LP’s portfolio, making the stock its 4th biggest holding. Woodson Capital Management LP’s holdings in Urban Outfitters were worth $28,732,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Marshall Wace LLP lifted its position in Urban Outfitters by 116.3% during the 2nd quarter. Marshall Wace LLP now owns 2,288,817 shares of the apparel retailer’s stock worth $93,956,000 after acquiring an additional 1,230,771 shares during the last quarter. Fisher Asset Management LLC boosted its stake in Urban Outfitters by 3.1% during the 3rd quarter. Fisher Asset Management LLC now owns 2,073,416 shares of the apparel retailer’s stock valued at $79,433,000 after purchasing an additional 62,019 shares during the period. American Century Companies Inc. grew its holdings in Urban Outfitters by 20.5% in the 2nd quarter. American Century Companies Inc. now owns 1,555,067 shares of the apparel retailer’s stock valued at $63,836,000 after buying an additional 264,708 shares during the last quarter. Systematic Financial Management LP boosted its position in shares of Urban Outfitters by 0.4% in the second quarter. Systematic Financial Management LP now owns 684,133 shares of the apparel retailer’s stock valued at $28,084,000 after acquiring an additional 2,674 shares during the period. Finally, Panagora Asset Management Inc. grew its stake in shares of Urban Outfitters by 27.0% in the second quarter. Panagora Asset Management Inc. now owns 420,930 shares of the apparel retailer’s stock worth $17,279,000 after acquiring an additional 89,411 shares during the last quarter. Institutional investors own 77.61% of the company’s stock.

Wall Street Analysts Forecast Growth

URBN has been the topic of several research analyst reports. Barclays raised their price target on shares of Urban Outfitters from $43.00 to $51.00 and gave the stock an “overweight” rating in a research report on Wednesday. Robert W. Baird upped their target price on Urban Outfitters from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Wednesday. StockNews.com raised shares of Urban Outfitters from a “hold” rating to a “buy” rating in a report on Thursday. Wells Fargo & Company lifted their target price on shares of Urban Outfitters from $40.00 to $48.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Citigroup raised Urban Outfitters from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $42.00 to $59.00 in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $46.27.

Urban Outfitters Stock Performance

NASDAQ URBN opened at $47.49 on Friday. Urban Outfitters, Inc. has a 52 week low of $33.17 and a 52 week high of $48.90. The stock has a market capitalization of $4.38 billion, a P/E ratio of 13.61, a price-to-earnings-growth ratio of 1.08 and a beta of 1.50. The stock has a fifty day moving average of $37.44 and a 200-day moving average of $40.11.

Urban Outfitters (NASDAQ:URBN) last released its earnings results on Tuesday, November 26th. The apparel retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.28. Urban Outfitters had a net margin of 6.11% and a return on equity of 15.86%. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the prior year, the company posted $0.88 EPS. The company’s revenue was up 6.3% compared to the same quarter last year. Equities research analysts forecast that Urban Outfitters, Inc. will post 3.79 earnings per share for the current fiscal year.

Insider Buying and Selling at Urban Outfitters

In other news, CEO Tricia D. Smith sold 11,730 shares of the company’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $35.29, for a total value of $413,951.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 31.80% of the company’s stock.

Urban Outfitters Company Profile

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.