Citigroup Inc. lowered its position in Urban Outfitters, Inc. (NASDAQ:URBN – Free Report) by 37.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 298,689 shares of the apparel retailer’s stock after selling 182,671 shares during the quarter. Citigroup Inc. owned approximately 0.33% of Urban Outfitters worth $21,335,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of URBN. Asset Management One Co. Ltd. lifted its stake in Urban Outfitters by 11.7% in the 2nd quarter. Asset Management One Co. Ltd. now owns 1,340 shares of the apparel retailer’s stock valued at $97,000 after purchasing an additional 140 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Urban Outfitters by 1.6% in the third quarter. Nisa Investment Advisors LLC now owns 10,489 shares of the apparel retailer’s stock valued at $749,000 after buying an additional 164 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Urban Outfitters by 32.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 964 shares of the apparel retailer’s stock worth $70,000 after acquiring an additional 237 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Urban Outfitters by 3.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 8,208 shares of the apparel retailer’s stock worth $575,000 after acquiring an additional 240 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in Urban Outfitters by 125.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 493 shares of the apparel retailer’s stock valued at $36,000 after acquiring an additional 274 shares during the period. 77.61% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the stock. Zacks Research lowered shares of Urban Outfitters from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Guggenheim started coverage on shares of Urban Outfitters in a report on Tuesday, December 9th. They issued a “neutral” rating on the stock. Telsey Advisory Group restated an “outperform” rating and set a $98.00 price objective on shares of Urban Outfitters in a report on Thursday. Morgan Stanley increased their target price on Urban Outfitters from $85.00 to $91.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. Finally, Wells Fargo & Company reduced their price target on Urban Outfitters from $80.00 to $75.00 and set an “equal weight” rating for the company in a research note on Thursday. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $86.25.
Urban Outfitters Stock Performance
URBN opened at $68.76 on Friday. The firm has a market cap of $6.17 billion, a P/E ratio of 13.56, a price-to-earnings-growth ratio of 0.91 and a beta of 1.24. The business’s fifty day moving average is $72.61 and its 200-day moving average is $71.57. Urban Outfitters, Inc. has a 52-week low of $41.89 and a 52-week high of $84.35.
Urban Outfitters (NASDAQ:URBN – Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The apparel retailer reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.19. Urban Outfitters had a net margin of 7.54% and a return on equity of 19.41%. The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same period in the prior year, the company posted $1.04 earnings per share. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. On average, research analysts predict that Urban Outfitters, Inc. will post 3.91 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Urban Outfitters news, CEO Richard A. Hayne sold 10,667 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $73.97, for a total value of $789,037.99. Following the sale, the chief executive officer owned 17,985,271 shares of the company’s stock, valued at approximately $1,330,370,495.87. This trade represents a 0.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold 582,850 shares of company stock worth $44,058,464 in the last three months. 31.60% of the stock is owned by insiders.
Urban Outfitters News Summary
Here are the key news stories impacting Urban Outfitters this week:
- Positive Sentiment: Q4 beat on both EPS and revenue: diluted EPS $1.43 vs. $1.24 consensus; revenue $1.80B vs. $1.79B consensus — revenue +10.1% year/year and EPS up ~37% y/y. Strong results and margin expansion cited on the earnings release and slide deck. MarketBeat: Q4 results and slide deck
- Positive Sentiment: Nuuly rental business accelerating — reported ~42% growth, beating sales/subscriber targets and helping diversify revenue and improve margins. This is highlighted as a strategic growth driver. WSJ: Nuuly rental business beats targets
- Positive Sentiment: Namesake Urban Outfitters stores have turned around and are now a material contributor to top-line gains, supporting sustained brand momentum. Coverage and post‑earnings writeups highlight this retail improvement. MarketWatch: namesake stores driving sales
- Neutral Sentiment: Analysts and commentary dig into line‑item metrics and outlook ahead of FY27 — Zacks and others point to brand divergence and note margin expansion that may continue into FY27, but incremental guidance detail is limited in public pieces. Zacks: Q4 metrics vs. estimates
- Negative Sentiment: Wells Fargo trimmed its price target from $80 to $75 and set an “equal weight” rating — a modestly negative signal on near‑term upside even after the beat. Benzinga: Wells Fargo lowers price target
- Negative Sentiment: Some pre‑earnings analyst caution (coverage noted possible lower Q4 earnings) shows there was skepticism heading into results; while the company beat, lingering caution could temper further multiple expansion until guidance clarity is provided. Benzinga: pre-earnings analyst revisions
Urban Outfitters 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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