Urban Outfitters (NASDAQ:URBN) Gets an Upgrade to a “Sell” Rating

May 16, 2018 - By David Engel

Urban Outfitters, Inc. (NASDAQ:URBN) Logo

Investors sentiment increased to 0.98 in Q4 2017. Its up 0.38, from 0.6 in 2017Q3. It is positive, as 33 investors sold Urban Outfitters, Inc. shares while 87 reduced holdings. 75 funds opened positions while 42 raised stakes. 78.97 million shares or 12.40% less from 90.14 million shares in 2017Q3 were reported.

Ww Asset Inc holds 6,207 shares or 0.01% of its portfolio. Texas Permanent School Fund owns 0.02% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 54,148 shares. Teachers Retirement System Of The State Of Kentucky reported 19,400 shares or 0.01% of all its holdings. Blair William & Il, Illinois-based fund reported 56,750 shares. Engineers Gate Manager L P invested 0.24% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Bb&T accumulated 0.04% or 59,798 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys holds 0.01% in Urban Outfitters, Inc. (NASDAQ:URBN) or 11,700 shares. Thompson Investment Mngmt Inc reported 114,881 shares. Numeric Investors Limited Company has 47,000 shares. Osborne Prtn Management Ltd invested 0.76% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Zurcher Kantonalbank (Zurich Cantonalbank) reported 5,094 shares or 0% of all its holdings. Employees Retirement Systems Of Texas has 0% invested in Urban Outfitters, Inc. (NASDAQ:URBN). Cubist Systematic Strategies Ltd Limited Liability Company stated it has 0.03% in Urban Outfitters, Inc. (NASDAQ:URBN). New Mexico Educational Retirement Board, a New Mexico-based fund reported 20,135 shares. Rafferty Asset Mngmt Ltd Liability Corp, a New York-based fund reported 9,423 shares.

Since March 9, 2018, it had 0 insider buys, and 16 sales for $23.82 million activity. CHERKEN HARRY S JR had sold 20,000 shares worth $781,900. 41,100 shares valued at $1.51M were sold by Hayne Margaret on Wednesday, March 21. $2.30 million worth of Urban Outfitters, Inc. (NASDAQ:URBN) shares were sold by STROUSE ROBERT H. 150,000 shares valued at $5.30 million were sold by BELAIR SCOTT A on Tuesday, March 13. $738,593 worth of Urban Outfitters, Inc. (NASDAQ:URBN) was sold by Conforti Frank on Friday, March 9. 17,397 shares were sold by Hollinger Calvin, worth $613,235.

Urban Outfitters (NASDAQ:URBN) Stock Upgrade

Shares of Urban Outfitters (NASDAQ:URBN) were raised by professional analysts at MKM Partners from a “Sell” rating to a solid “Neutral” rating via analysts report issued to clients on Wednesday morning.

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

Among 15 analysts covering Urban Outfitters (NASDAQ:URBN), 8 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. Urban Outfitters has $46 highest and $24.0 lowest target. $40’s average target is -5.10% below currents $42.15 stock price. Urban Outfitters had 29 analyst reports since November 17, 2017 according to SRatingsIntel. Wells Fargo maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Wednesday, March 7 with “Hold” rating. The firm earned “Hold” rating on Tuesday, March 6 by Oppenheimer. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) has “Buy” rating given on Monday, December 18 by Jefferies. RBC Capital Markets maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Tuesday, March 6 with “Hold” rating. As per Wednesday, March 7, the company rating was maintained by Morgan Stanley. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) earned “Buy” rating by Robert W. Baird on Tuesday, March 6. On Tuesday, November 21 the stock rating was maintained by BMO Capital Markets with “Market Perform”. The firm has “Hold” rating given on Tuesday, November 21 by FBR Capital. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, November 21. The stock has “Buy” rating by SunTrust on Friday, February 2.

The stock increased 3.31% or $1.35 during the last trading session, reaching $42.15. About 1.95 million shares traded. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 55.71% since May 16, 2017 and is uptrending. It has outperformed by 44.16% the S&P500.

Analysts await Urban Outfitters, Inc. (NASDAQ:URBN) to report earnings on May, 22 after the close. They expect $0.29 earnings per share, up 123.08 % or $0.16 from last year’s $0.13 per share. URBN’s profit will be $31.48 million for 36.34 P/E if the $0.29 EPS becomes a reality. After $0.69 actual earnings per share reported by Urban Outfitters, Inc. for the previous quarter, Wall Street now forecasts -57.97 % negative EPS growth.

Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products. The company has market cap of $4.58 billion. It operates through two divisions, Retail and Wholesale. It has a 43.91 P/E ratio. The firm retails women??s and men??s fashion apparel, intimates, footwear, beauty and accessories, home goods, activewear, and electronics for young adults aged 18 to 28 under the Urban Outfitters brand; and assortment, including women??s casual apparel and accessories, intimates, shoes, beauty, home furnishings, and various gifts and decorative items for women aged 28 to 45 under the Anthropologie brand.

More notable recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Streetinsider.com which released: “Notable Call Buying Urban Outfitters (URBN) into 1Q Earnings on 5/22, Targets 4.5% Upside in Shares by June …” on May 14, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For May 16, 2018” published on May 16, 2018, Seekingalpha.com published: “Macy’s steps in as mall hero” on May 16, 2018. More interesting news about Urban Outfitters, Inc. (NASDAQ:URBN) were released by: Nasdaq.com and their article: “3 Red-Hot Retail Stocks to Trade Today!” published on April 23, 2018 as well as Streetinsider.com‘s news article titled: “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more…) – 13F” with publication date: May 15, 2018.

Urban Outfitters, Inc. (NASDAQ:URBN) Institutional Positions Chart

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