Urban Outfitters (NASDAQ:URBN) Buy Rating Reiterated Today By Robert W. Baird; The Price Target is Set to $39.0

April 17, 2018 - By Linda Rogers

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 improved, 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.

Cornerstone Cap Management Ltd Liability Co has 0.08% invested in Urban Outfitters, Inc. (NASDAQ:URBN). California State Teachers Retirement owns 143,616 shares. Oregon Pub Employees Retirement Fund accumulated 30,182 shares or 0.01% of the stock. Int Group holds 165,766 shares or 0.02% of its portfolio. The Illinois-based Northern Trust Corporation has invested 0.01% in Urban Outfitters, Inc. (NASDAQ:URBN). Thrivent Financial For Lutherans holds 17,413 shares. Howe And Rusling Incorporated reported 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). M&T National Bank Corporation reported 9,381 shares. Amundi Pioneer Asset, Massachusetts-based fund reported 12,200 shares. Canada Pension Plan Invest Board holds 0.01% or 197,062 shares. Fmr Lc invested in 0.02% or 5.36M shares. Comerica Financial Bank owns 0.01% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 64,165 shares. State Street Corporation owns 2.50M shares. Teacher Retirement Systems Of Texas reported 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Gam Ag holds 0.03% or 26,805 shares in its portfolio.

Since March 9, 2018, it had 0 buys, and 12 selling transactions for $14.61 million activity. On Monday, March 26 LAWSON JOEL S III sold $738,060 worth of Urban Outfitters, Inc. (NASDAQ:URBN) or 20,000 shares. The insider Conforti Frank sold 20,941 shares worth $738,593. $2.30M worth of Urban Outfitters, Inc. (NASDAQ:URBN) shares were sold by STROUSE ROBERT H. $398,182 worth of Urban Outfitters, Inc. (NASDAQ:URBN) was sold by Donnelly Trish on Tuesday, April 10. Hayne Azeez sold $405,331 worth of stock or 11,421 shares. Hollinger Calvin also sold $613,235 worth of Urban Outfitters, Inc. (NASDAQ:URBN) shares.

Urban Outfitters (NASDAQ:URBN) Rating Reaffirmed

New York: In analysts note issued to investors and clients on Thursday, 21 December, Robert W. Baird reconfirmed their Buy rating on Urban Outfitters (NASDAQ:URBN) shares. They now have a $39.0 TP on the company. Robert W. Baird’s target would suggest a potential downside of -0.99 % from the company’s previous stock close.

Investors sentiment increased to 0.98 in Q4 2017. Its up 0.38, from 0.6 in 2017Q3. It improved, 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.

Cornerstone Cap Management Ltd Liability Co has 0.08% invested in Urban Outfitters, Inc. (NASDAQ:URBN). California State Teachers Retirement owns 143,616 shares. Oregon Pub Employees Retirement Fund accumulated 30,182 shares or 0.01% of the stock. Int Group holds 165,766 shares or 0.02% of its portfolio. The Illinois-based Northern Trust Corporation has invested 0.01% in Urban Outfitters, Inc. (NASDAQ:URBN). Thrivent Financial For Lutherans holds 17,413 shares. Howe And Rusling Incorporated reported 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). M&T National Bank Corporation reported 9,381 shares. Amundi Pioneer Asset, Massachusetts-based fund reported 12,200 shares. Canada Pension Plan Invest Board holds 0.01% or 197,062 shares. Fmr Lc invested in 0.02% or 5.36M shares. Comerica Financial Bank owns 0.01% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 64,165 shares. State Street Corporation owns 2.50M shares. Teacher Retirement Systems Of Texas reported 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Gam Ag holds 0.03% or 26,805 shares in its portfolio.

Since March 9, 2018, it had 0 buys, and 12 selling transactions for $14.61 million activity. On Monday, March 26 LAWSON JOEL S III sold $738,060 worth of Urban Outfitters, Inc. (NASDAQ:URBN) or 20,000 shares. The insider Conforti Frank sold 20,941 shares worth $738,593. $2.30M worth of Urban Outfitters, Inc. (NASDAQ:URBN) shares were sold by STROUSE ROBERT H. $398,182 worth of Urban Outfitters, Inc. (NASDAQ:URBN) was sold by Donnelly Trish on Tuesday, April 10. Hayne Azeez sold $405,331 worth of stock or 11,421 shares. Hollinger Calvin also sold $613,235 worth of Urban Outfitters, Inc. (NASDAQ:URBN) shares.

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

Among 16 analysts covering Urban Outfitters (NASDAQ:URBN), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Urban Outfitters has $46 highest and $21.0 lowest target. $39.33’s average target is -0.15% below currents $39.39 stock price. Urban Outfitters had 34 analyst reports since October 23, 2017 according to SRatingsIntel. SunTrust maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Monday, December 11 with “Buy” rating. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) earned “Hold” rating by FBR Capital on Tuesday, November 21. The rating was maintained by JP Morgan on Tuesday, April 10 with “Overweight”. Jefferies maintained the shares of URBN in report on Monday, December 18 with “Buy” rating. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, January 10 report. As per Wednesday, March 7, the company rating was maintained by SunTrust. The stock has “Buy” rating by Robert W. Baird on Monday, October 30. SunTrust maintained the stock with “Buy” rating in Monday, October 23 report. The firm earned “Hold” rating on Tuesday, March 6 by RBC Capital Markets. The firm earned “Buy” rating on Friday, November 17 by Robert W. Baird.

The stock decreased 0.56% or $0.22 during the last trading session, reaching $39.39. About 1.49 million shares traded. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 55.71% since April 17, 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, 15. They expect $0.28 earnings per share, up 115.38 % or $0.15 from last year’s $0.13 per share. URBN’s profit will be $30.39M for 35.17 P/E if the $0.28 EPS becomes a reality. After $0.69 actual earnings per share reported by Urban Outfitters, Inc. for the previous quarter, Wall Street now forecasts -59.42 % negative EPS growth.

Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products. The company has market cap of $4.28 billion. It operates through two divisions, Retail and Wholesale. It has a 41.03 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.

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

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