55,243 Shares in Urban Outfitters, Inc. (NASDAQ:URBN) Purchased by Eisler Capital Management Ltd.

Eisler Capital Management Ltd. acquired a new position in shares of Urban Outfitters, Inc. (NASDAQ:URBN) during the 4th quarter, Holdings Channel.com reports. The fund acquired 55,243 shares of the apparel retailer’s stock, valued at approximately $3,139,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of URBN. FORA Capital LLC purchased a new position in Urban Outfitters during the fourth quarter valued at $249,000. Deutsche Bank AG boosted its stake in Urban Outfitters by 280.6% in the 4th quarter. Deutsche Bank AG now owns 140,466 shares of the apparel retailer’s stock worth $7,709,000 after purchasing an additional 103,564 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Urban Outfitters during the 4th quarter valued at about $240,000. Cetera Investment Advisers increased its stake in Urban Outfitters by 15.0% during the 4th quarter. Cetera Investment Advisers now owns 15,435 shares of the apparel retailer’s stock valued at $847,000 after purchasing an additional 2,009 shares in the last quarter. Finally, Brevan Howard Capital Management LP purchased a new position in Urban Outfitters in the fourth quarter worth about $596,000. Hedge funds and other institutional investors own 77.61% of the company’s stock.

Insider Activity

In other news, insider Azeez Hayne sold 11,676 shares of Urban Outfitters stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $54.75, for a total value of $639,261.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Tricia D. Smith sold 10,000 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $53.94, for a total value of $539,400.00. Following the transaction, the chief executive officer now directly owns 12,601 shares of the company’s stock, valued at approximately $679,697.94. The trade was a 44.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,976 shares of company stock worth $1,663,713 over the last quarter. Insiders own 31.60% of the company’s stock.

Urban Outfitters Stock Performance

Shares of Urban Outfitters stock opened at $51.79 on Friday. The company has a fifty day moving average of $50.81 and a 200 day moving average of $50.28. The company has a market capitalization of $4.80 billion, a P/E ratio of 14.84, a P/E/G ratio of 1.02 and a beta of 1.33. Urban Outfitters, Inc. has a fifty-two week low of $33.86 and a fifty-two week high of $61.16.

Urban Outfitters (NASDAQ:URBN) last released its earnings results on Wednesday, February 26th. The apparel retailer reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.15. Urban Outfitters had a return on equity of 15.86% and a net margin of 6.11%. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Analysts forecast that Urban Outfitters, Inc. will post 3.91 EPS for the current year.

Wall Street Analysts Forecast Growth

URBN has been the topic of several analyst reports. Barclays upped their price objective on Urban Outfitters from $63.00 to $68.00 and gave the company an “overweight” rating in a research report on Friday, February 28th. StockNews.com lowered shares of Urban Outfitters from a “buy” rating to a “hold” rating in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. cut their target price on shares of Urban Outfitters from $56.00 to $50.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. UBS Group raised their price target on Urban Outfitters from $45.00 to $60.00 and gave the stock a “neutral” rating in a research note on Friday, January 10th. Finally, Wells Fargo & Company lowered their target price on Urban Outfitters from $65.00 to $55.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Urban Outfitters presently has a consensus rating of “Hold” and an average target price of $54.18.

Urban Outfitters Company Profile

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. 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 apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.