Eisler Capital Management Ltd. Purchases New Position in Urban Outfitters, Inc. (NASDAQ:URBN)

Eisler Capital Management Ltd. acquired a new stake in Urban Outfitters, Inc. (NASDAQ:URBN) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 55,243 shares of the apparel retailer’s stock, valued at approximately $3,139,000. Eisler Capital Management Ltd. owned approximately 0.06% of Urban Outfitters at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of URBN. Franklin Resources Inc. raised its position in shares of Urban Outfitters by 7.6% in the third quarter. Franklin Resources Inc. now owns 35,686 shares of the apparel retailer’s stock valued at $1,315,000 after buying an additional 2,527 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Urban Outfitters by 36.3% in the fourth quarter. GAMMA Investing LLC now owns 759 shares of the apparel retailer’s stock worth $42,000 after purchasing an additional 202 shares during the period. Diversified Trust Co raised its stake in Urban Outfitters by 10.6% in the fourth quarter. Diversified Trust Co now owns 18,765 shares of the apparel retailer’s stock valued at $1,030,000 after purchasing an additional 1,801 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in Urban Outfitters by 17,631.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 35,817 shares of the apparel retailer’s stock worth $1,966,000 after buying an additional 35,615 shares in the last quarter. Finally, Friedenthal Financial bought a new position in Urban Outfitters in the 4th quarter valued at about $765,000. Institutional investors own 77.61% of the company’s stock.

Insider Buying and Selling at Urban Outfitters

In other news, Director Wesley S. Mcdonald sold 8,300 shares of the firm’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $58.44, for a total transaction of $485,052.00. Following the transaction, the director now directly owns 15,450 shares of the company’s stock, valued at approximately $902,898. This trade represents a 34.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Tricia D. Smith sold 10,000 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $53.94, for a total value of $539,400.00. Following the sale, the chief executive officer now directly owns 12,601 shares of the company’s stock, valued at approximately $679,697.94. This trade represents a 44.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,976 shares of company stock worth $1,663,713 over the last three months. 31.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on URBN shares. Barclays boosted their price objective on shares of Urban Outfitters from $63.00 to $68.00 and gave the company an “overweight” rating in a research report on Friday, February 28th. Telsey Advisory Group boosted their target price on Urban Outfitters from $56.00 to $59.00 and gave the stock a “market perform” rating in a research note on Thursday, February 27th. Wells Fargo & Company lowered their price objective on shares of Urban Outfitters from $65.00 to $55.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 30th. Citigroup dropped their price target on Urban Outfitters from $65.00 to $54.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Finally, UBS Group increased their target price on Urban Outfitters from $45.00 to $60.00 and gave the company a “neutral” rating in a research report on Friday, January 10th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $54.18.

Urban Outfitters Stock Performance

Shares of NASDAQ:URBN opened at $51.79 on Friday. The company has a market capitalization of $4.80 billion, a P/E ratio of 14.84, a price-to-earnings-growth ratio of 1.02 and a beta of 1.33. Urban Outfitters, Inc. has a fifty-two week low of $33.86 and a fifty-two week high of $61.16. The company’s 50-day moving average is $50.81 and its 200 day moving average is $50.28.

Urban Outfitters (NASDAQ:URBN) last released its earnings results on Wednesday, February 26th. The apparel retailer reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.15. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. Urban Outfitters had a return on equity of 15.86% and a net margin of 6.11%. As a group, research analysts predict that Urban Outfitters, Inc. will post 3.91 earnings per share for the current year.

Urban Outfitters 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.