Follow The Ratings: Time To Sell Urban Outfitters (NASDAQ:URBN), Wunderlich Downgrades It

November 23, 2016 - By olga

Follow The Ratings: Time To Sell Urban Outfitters (NASDAQ:URBN), Wunderlich Downgrades It

Urban Outfitters (NASDAQ:URBN) Downgrade

Trading of Urban Outfitters (NASDAQ:URBN)‘s shares is going to be interesting today. Wunderlich lowered the stock from a Buy to a Hold.

Urban Outfitters, Inc. (NASDAQ:URBN) Ratings Coverage

Out of 30 analysts covering Urban Outfitters Inc. (NASDAQ:URBN), 10 rate it a “Buy”, 0 “Sell”, while 20 “Hold”. This means 33% are positive. $53 is the highest target while $20 is the lowest. The $32.48 average target is -7.99% below today’s ($35.3) stock price. Urban Outfitters Inc. has been the topic of 74 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Macquarie Research maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Tuesday, March 8. Macquarie Research has “Neutral” rating and $24 price target. The firm has “Outperform” rating given on Thursday, September 10 by Telsey Advisory Group. The rating was maintained by Mizuho with “Neutral” on Tuesday, November 10. The firm earned “Neutral” rating on Wednesday, August 17 by Nomura. Morgan Stanley maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Tuesday, November 17 with “Equal-Weight” rating. The rating was downgraded by TheStreet to “Hold” on Monday, August 31. The stock has “Buy” rating given by Citigroup on Wednesday, October 7. M Partners maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Friday, January 8 with “Neutral” rating. Wunderlich maintained the shares of URBN in a report on Tuesday, November 17 with “Hold” rating. As per Tuesday, March 8, the company rating was maintained by Stifel Nicolaus.

About 4.55M shares traded hands or 82.73% up from the average. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 25.92% since April 21, 2016 and is uptrending. It has outperformed by 20.59% the S&P500.

Insitutional Activity: The institutional sentiment increased to 1.19 in Q2 2016. Its up 0.12, from 1.07 in 2016Q1. The ratio improved, as 45 funds sold all Urban Outfitters, Inc. shares owned while 91 reduced positions. 39 funds bought stakes while 107 increased positions. They now own 83.39 million shares or 1.57% less from 84.73 million shares in 2016Q1.

Asset Management last reported 0.01% of its portfolio in the stock. Vanguard Gru Inc has invested 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). First Mercantile accumulated 0.03% or 7,800 shares. Credit Suisse Ag has invested 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Raymond James And holds 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN) for 51,060 shares. The United Kingdom-based Oxford Asset Management has invested 0.15% in Urban Outfitters, Inc. (NASDAQ:URBN). Archford Cap Strategies Ltd Liability Company reported 186 shares or 0% of all its holdings. The Colorado-based Employees Retirement Association Of Colorado has invested 0% in Urban Outfitters, Inc. (NASDAQ:URBN). Legal And General Group Pcl last reported 60,153 shares in the company. State Of Tennessee Treasury Department, a Tennessee-based fund reported 19,281 shares. Broadview Advsrs Llc has 1.16% invested in the company for 281,123 shares. Btim has invested 0.12% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). The France-based Credit Agricole S A has invested 0% in Urban Outfitters, Inc. (NASDAQ:URBN). State Treasurer State Of Michigan holds 0.01% or 30,119 shares in its portfolio. Dynamic Cap Management has invested 0.65% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN).

Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 2 selling transactions for $399,767 net activity. The insider Hayne Azeez sold 6,260 shares worth $250,087. The insider Conforti Frank sold $93,159.

Urban Outfitters, Inc. is a lifestyle specialty retail company. The company has a market cap of $4.34 billion. The Firm operates through two divisions: Retail and Wholesale. It has a 18.18 P/E ratio. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its clients through retail stores, Websites, mobile applications, catalogs and customer contact centers.

According to Zacks Investment Research, “Urban Outfitters, Inc. operates two business segments consisting of a lifestyle-oriented general merchandise retailing segment and a wholesale apparel business. The retailing segment operates through retail stores and direct response, including a catalog and two web sites. The company’s wholesale business designs and markets young women’s casual wear which it provides to the company’s retail operations and sells to specialty retailers worldwide.”

URBN Company Profile

Urban Outfitters, Inc., incorporated on August 06, 1976, is a lifestyle specialty retail company. The Firm operates through two divisions: 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 clients through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Retail segment also includes Vetri Family, which operates restaurants under the names Amis, Alla Spina, Lo Spiedo, Pizzeria Vetri and Osteria. The Company’s Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young women’s contemporary casual apparel and shoes through individual and chain specialty stores and department stores.

More important recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Wsj.com which released: “Urban Outfitters Rally Has Gone Too Far” on November 21, 2016, also Usatoday.com published article titled: “Navajo Nation, Urban Outfitters settle designs suit”, Nasdaq.com published: “Earnings Reaction History: Urban Outfitters, Inc., 66.7% Follow-Through …” on November 22, 2016. More interesting news about Urban Outfitters, Inc. (NASDAQ:URBN) was released by: 247Wallst.com and their article: “Urban Outfitters and American Eagle Dig Out of Trouble” with publication date: November 15, 2016.

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