Credit Agricole S A Boosts Position in Urban Outfitters, Inc. (URBN)

Credit Agricole S A increased its position in shares of Urban Outfitters, Inc. (NASDAQ:URBN) by 11.2% during the fourth quarter, Holdings Channel reports. The fund owned 18,080 shares of the apparel retailer’s stock after buying an additional 1,816 shares during the period. Credit Agricole S A’s holdings in Urban Outfitters were worth $515,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in Urban Outfitters by 983.2% in the third quarter. Ameriprise Financial Inc. now owns 2,560,815 shares of the apparel retailer’s stock worth $88,397,000 after buying an additional 2,324,398 shares during the last quarter. Acadian Asset Management LLC increased its stake in Urban Outfitters by 3,162.4% in the third quarter. Acadian Asset Management LLC now owns 631,765 shares of the apparel retailer’s stock worth $21,810,000 after buying an additional 612,400 shares during the last quarter. Panagora Asset Management Inc. increased its stake in Urban Outfitters by 708.6% in the third quarter. Panagora Asset Management Inc. now owns 507,506 shares of the apparel retailer’s stock worth $17,519,000 after buying an additional 444,741 shares during the last quarter. FMR LLC increased its stake in Urban Outfitters by 7.6% in the fourth quarter. FMR LLC now owns 5,422,942 shares of the apparel retailer’s stock worth $154,445,000 after buying an additional 383,364 shares during the last quarter. Finally, Peregrine Capital Management LLC bought a new stake in Urban Outfitters during the third quarter worth about $10,557,000. Institutional investors own 78.05% of the company’s stock.

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

Urban Outfitters, Inc. (NASDAQ:URBN) opened at 23.18 on Tuesday. The firm has a market capitalization of $2.69 billion, a P/E ratio of 12.46 and a beta of 0.66. The firm has a 50-day moving average price of $26.06 and a 200 day moving average price of $31.29. Urban Outfitters, Inc. has a one year low of $22.87 and a one year high of $40.80.

Urban Outfitters (NASDAQ:URBN) last posted its quarterly earnings data on Tuesday, March 7th. The apparel retailer reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by $0.01. The company earned $1.03 billion during the quarter, compared to the consensus estimate of $1.04 billion. Urban Outfitters had a net margin of 6.42% and a return on equity of 18.88%. The company’s revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the business earned $0.61 earnings per share. Equities research analysts anticipate that Urban Outfitters, Inc. will post $1.78 earnings per share for the current year.

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URBN has been the subject of a number of research reports. William Blair reiterated an “outperform” rating on shares of Urban Outfitters in a research report on Wednesday, February 8th. Zacks Investment Research downgraded shares of Urban Outfitters from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 24th. FBR & Co reiterated a “market perform” rating and set a $31.00 price target on shares of Urban Outfitters in a research report on Saturday, November 26th. Credit Suisse Group AG reiterated a “hold” rating and set a $28.00 price target on shares of Urban Outfitters in a research report on Sunday, March 12th. Finally, Goldman Sachs Group Inc downgraded shares of Urban Outfitters from a “neutral” rating to a “sell” rating and set a $22.00 price target for the company. in a research report on Thursday, February 2nd. Three research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $32.59.

Urban Outfitters Company Profile

Urban Outfitters, Inc is a lifestyle specialty retail company. The Company operates through two segments: 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 customers through retail stores, Websites, mobile applications, catalogs and customer contact centers.

5 Day Chart for NASDAQ:URBN

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