November 23, 2016 - By Clifton Ray
Urban Outfitters (URBN)‘s Buy rating is no longer valid. expert analysts at Wunderlich Securities downgraded Urban Outfitters (URBN)‘s rating to a Hold.
Out of 3 analysts covering Urban Outfitters (URBN), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $43.0 is the highest target while $35.0 is the lowest. The $39 average target is 10.61% above today’s ($35.26) stock price. Urban Outfitters has been the topic of 3 analyst reports since August 22, 2016 according to StockzIntelligence Inc. The firm has “Outperform” rating by Wolfe Research given on Wednesday, September 7. The company was downgraded on Monday, August 22 by Goldman Sachs. On Thursday, November 17 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”.
About 3.50 million shares traded hands or 40.56% up from the average. Urban Outfitters, Inc. (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 increased, 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.
Mutual Of America Capital Mngmt Ltd Liability accumulated 0.01% or 10,424 shares. The Pennsylvania-based Mycio Wealth Prtn Ltd Com has invested 0% in Urban Outfitters, Inc. (NASDAQ:URBN). Oxford Asset Mngmt holds 0.15% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN) for 130,834 shares. Amer Intl Gru Inc has invested 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Lucus Ltd, a New York-based fund reported 12,712 shares. Schroder Invest Mngmt holds 0.03% or 507,900 shares in its portfolio. Manufacturers Life Insur The holds 88,375 shares or 0% of its portfolio. Rhumbline Advisers has invested 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Moreover, Nuveen Asset Management Limited Company has 0.1% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 564,563 shares. Sib Ltd Liability Corporation last reported 161,038 shares in the company. Chevy Chase Tru Inc has 74,034 shares for 0.01% of their US portfolio. Advantus Mngmt holds 8,387 shares or 0.01% of its portfolio. Meeder Asset holds 0.08% or 32,918 shares in its portfolio. Delta Lloyd Nv, a Netherlands-based fund reported 15,410 shares. Vanguard Grp Inc reported 8.08 million shares or 0.01% of all its holdings.
Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 2 selling transactions for $399,767 net activity. Another trade for 6,260 shares valued at $250,087 was made by Hayne Azeez on Monday, November 14. $149,680 worth of shares were sold by Conforti Frank on Friday, August 19.
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 18.16 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.”
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’ Results Miss Expectations” on November 22, 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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By Clifton Ray