Systematic Financial Management LP lowered its position in Urban Outfitters, Inc. (NASDAQ:URBN – Free Report) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 669,331 shares of the apparel retailer’s stock after selling 15,060 shares during the period. Urban Outfitters comprises approximately 1.2% of Systematic Financial Management LP’s investment portfolio, making the stock its 14th biggest position. Systematic Financial Management LP’s holdings in Urban Outfitters were worth $50,374,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Allianz Asset Management GmbH raised its position in shares of Urban Outfitters by 316.5% in the third quarter. Allianz Asset Management GmbH now owns 187,660 shares of the apparel retailer’s stock worth $13,405,000 after acquiring an additional 142,600 shares during the period. Cinctive Capital Management LP acquired a new position in shares of Urban Outfitters in the third quarter worth about $4,104,000. Optimize Financial Inc acquired a new position in shares of Urban Outfitters in the third quarter worth about $602,000. BI Asset Management Fondsmaeglerselskab A S raised its position in shares of Urban Outfitters by 17.4% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 279,763 shares of the apparel retailer’s stock worth $19,983,000 after acquiring an additional 41,559 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Urban Outfitters by 4.0% in the third quarter. Dimensional Fund Advisors LP now owns 3,675,936 shares of the apparel retailer’s stock worth $262,578,000 after acquiring an additional 142,909 shares during the period. Institutional investors and hedge funds own 77.61% of the company’s stock.
Wall Street Analyst Weigh In
URBN has been the subject of a number of analyst reports. Telsey Advisory Group reiterated an “outperform” rating and issued a $98.00 price objective on shares of Urban Outfitters in a research report on Thursday, February 26th. Jefferies Financial Group restated a “hold” rating and set a $72.00 price target on shares of Urban Outfitters in a research report on Thursday. JPMorgan Chase & Co. upped their price target on shares of Urban Outfitters from $94.00 to $97.00 and gave the stock an “overweight” rating in a research report on Thursday. Barclays reduced their price target on shares of Urban Outfitters from $102.00 to $100.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Wall Street Zen downgraded shares of Urban Outfitters from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Urban Outfitters has a consensus rating of “Moderate Buy” and an average target price of $87.18.
Urban Outfitters Stock Down 1.0%
URBN opened at $73.01 on Friday. Urban Outfitters, Inc. has a twelve month low of $59.53 and a twelve month high of $84.35. The company has a 50-day moving average price of $67.83 and a 200 day moving average price of $70.04. The company has a market cap of $6.25 billion, a PE ratio of 14.01, a price-to-earnings-growth ratio of 1.40 and a beta of 1.23.
Urban Outfitters (NASDAQ:URBN – Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The apparel retailer reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.18. Urban Outfitters had a net margin of 7.48% and a return on equity of 18.92%. The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the prior year, the firm earned $1.16 EPS. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. As a group, sell-side analysts expect that Urban Outfitters, Inc. will post 5.97 earnings per share for the current year.
Trending Headlines about Urban Outfitters
Here are the key news stories impacting Urban Outfitters this week:
- Positive Sentiment: Urban Outfitters posted record first-quarter sales and earnings, driven by strong performance at Free People, Nuuly subscriber growth, and wholesale gains. Urban Outfitters Posts Record First-Quarter Sales and Earnings
- Positive Sentiment: JPMorgan raised its price target on Urban Outfitters to $97 and maintained an overweight rating after the upbeat quarter. Benzinga price target report
- Positive Sentiment: Bank of America lifted its price target to $90 and reiterated a buy rating, citing strong brand momentum and margin expansion. Lorraine Hutchinson Raises Price Target to $90 and Reiterates Buy on Urban Outfitters
- Positive Sentiment: The company beat Q1 revenue and EPS estimates, with EPS of $1.30 versus expectations of $1.12, reinforcing confidence in the business outlook. Urban Outfitters Surpasses Q1 Earnings and Revenue Estimates
- Neutral Sentiment: Coverage focused on the earnings call and first-quarter snapshot confirmed strong results, but also noted investors are watching tariff risks and whether growth can continue from here. Urban Outfitters Extends Record Streak Amid Tariff Risks
Urban Outfitters Company Profile
Urban Outfitters, Inc is a global lifestyle retailer headquartered in Philadelphia, Pennsylvania. Established in 1970 by Richard Hayne, Scott Belair and Judy Wicks, the company began as a single store catering to college students in the city’s historic Old City neighborhood. Over the decades, Urban Outfitters has expanded its reach and diversified its portfolio to include multiple retail concepts addressing distinct customer segments.
The company operates through several well-known brands, each offering a curated selection of apparel, footwear, accessories and home goods.
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