NumerixS Investment Technologies Inc Has $416,000 Holdings in Urban Outfitters, Inc. (NASDAQ:URBN)

NumerixS Investment Technologies Inc lowered its stake in Urban Outfitters, Inc. (NASDAQ:URBN) by 17.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,200 shares of the apparel retailer’s stock after selling 2,994 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in Urban Outfitters were worth $416,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund grew its holdings in Urban Outfitters by 3,059.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,003,171 shares of the apparel retailer’s stock worth $30,000 after purchasing an additional 971,424 shares during the period. Bessemer Group Inc. grew its holdings in Urban Outfitters by 105.5% during the fourth quarter. Bessemer Group Inc. now owns 972 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 499 shares during the period. Parallel Advisors LLC grew its holdings in Urban Outfitters by 114.9% during the first quarter. Parallel Advisors LLC now owns 1,180 shares of the apparel retailer’s stock worth $35,000 after purchasing an additional 631 shares during the period. Signaturefd LLC grew its holdings in Urban Outfitters by 178.1% during the first quarter. Signaturefd LLC now owns 1,232 shares of the apparel retailer’s stock worth $37,000 after purchasing an additional 789 shares during the period. Finally, Pearl River Capital LLC bought a new position in Urban Outfitters during the fourth quarter worth about $40,000. 77.77% of the stock is currently owned by institutional investors and hedge funds.

In other Urban Outfitters news, Director Edward N. Antoian sold 18,006 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $33.23, for a total transaction of $598,339.38. Following the completion of the transaction, the director now directly owns 20,000 shares in the company, valued at $664,600. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, General Counsel Azeez Hayne sold 10,300 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $33.63, for a total transaction of $346,389.00. Following the transaction, the general counsel now owns 12,523 shares of the company’s stock, valued at $421,148.49. The disclosure for this sale can be found here. Over the last quarter, insiders sold 47,450 shares of company stock valued at $1,579,024. 24.80% of the stock is currently owned by corporate insiders.

A number of equities analysts recently commented on the company. Deutsche Bank set a $33.00 price target on Urban Outfitters and gave the stock a “hold” rating in a report on Monday, June 10th. TheStreet cut Urban Outfitters from a “b-” rating to a “c+” rating in a report on Thursday, May 30th. MKM Partners reduced their price target on Urban Outfitters to $28.00 and set a “neutral” rating for the company in a report on Thursday, May 23rd. Robert W. Baird reduced their price target on Urban Outfitters from $33.00 to $32.00 and set a “neutral” rating for the company in a report on Wednesday, May 22nd. Finally, Wells Fargo & Co reduced their price target on Urban Outfitters from $30.00 to $28.00 and set a “market perform” rating for the company in a report on Wednesday, May 22nd. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $37.49.

Shares of NASDAQ:URBN traded down $0.39 during trading on Friday, reaching $22.75. 3,846,060 shares of the stock were exchanged, compared to its average volume of 2,768,273. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.76. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 8.27, a PEG ratio of 0.85 and a beta of 0.76. The company’s 50-day moving average is $24.38. Urban Outfitters, Inc. has a 12 month low of $22.19 and a 12 month high of $52.50.

Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings results on Tuesday, May 21st. The apparel retailer reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.05. The business had revenue of $864.41 million during the quarter, compared to analysts’ expectations of $857.31 million. Urban Outfitters had a return on equity of 20.07% and a net margin of 7.31%. During the same period in the previous year, the company posted $0.38 earnings per share. On average, analysts anticipate that Urban Outfitters, Inc. will post 2.43 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 in two segments, Retail and wholesale. 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 casual apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.

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

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