Urban Outfitters (NASDAQ:URBN) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Urban Outfitters (NASDAQ:URBN) from a buy rating to a hold rating in a research note released on Monday.

Several other equities analysts also recently weighed in on URBN. Zacks Research downgraded shares of Urban Outfitters from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. JPMorgan Chase & Co. boosted their price target on Urban Outfitters from $89.00 to $96.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Wells Fargo & Company raised their target price on shares of Urban Outfitters from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 26th. The Goldman Sachs Group began coverage on shares of Urban Outfitters in a report on Tuesday, December 9th. They set a “neutral” rating and a $83.00 target price on the stock. Finally, Morgan Stanley upped their price target on Urban Outfitters from $85.00 to $91.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $86.50.

Urban Outfitters Stock Up 0.3%

Shares of Urban Outfitters stock opened at $75.26 on Monday. The company’s fifty day moving average is $71.40 and its 200 day moving average is $71.99. Urban Outfitters has a twelve month low of $41.89 and a twelve month high of $83.94. The stock has a market cap of $6.75 billion, a price-to-earnings ratio of 14.20, a P/E/G ratio of 1.13 and a beta of 1.20.

Urban Outfitters (NASDAQ:URBN) last announced its earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share for the quarter. The business had revenue of $1.53 billion during the quarter. Urban Outfitters had a net margin of 8.15% and a return on equity of 18.33%. As a group, equities analysts anticipate that Urban Outfitters will post 3.91 earnings per share for the current fiscal year.

Insider Activity at Urban Outfitters

In related news, CEO Richard A. Hayne sold 10,667 shares of the stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $70.46, for a total transaction of $751,596.82. Following the completion of the sale, the chief executive officer owned 18,027,939 shares of the company’s stock, valued at $1,270,248,581.94. This represents a 0.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last three months, insiders sold 332,733 shares of company stock valued at $25,704,752. Insiders own 31.60% of the company’s stock.

Institutional Trading of Urban Outfitters

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. raised 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 grew its stake in Urban Outfitters by 1.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 10,489 shares of the apparel retailer’s stock worth $749,000 after purchasing an additional 164 shares in the last quarter. Diversified Trust Co grew its holdings in Urban Outfitters by 0.9% during the 2nd quarter. Diversified Trust Co now owns 19,702 shares of the apparel retailer’s stock worth $1,429,000 after acquiring an additional 185 shares in the last quarter. Maryland State Retirement & Pension System grew its position in shares of Urban Outfitters by 1.2% in the 2nd quarter. Maryland State Retirement & Pension System now owns 16,611 shares of the apparel retailer’s stock valued at $1,205,000 after buying an additional 198 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in shares of Urban Outfitters by 32.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 964 shares of the apparel retailer’s stock valued at $70,000 after purchasing an additional 237 shares during the period. Institutional investors and hedge funds own 77.61% of the company’s stock.

Key Stores Impacting Urban Outfitters

Here are the key news stories impacting Urban Outfitters this week:

• Positive Sentiment: Jim Cramer highlighted Urban Outfitters as a strong operator, which can attract retail momentum and short-term buying. Urban Outfitters (URBN) is a great operator, says Jim Cramer
• Positive Sentiment: Zacks published a piece framing URBN as a strong value stock, which supports buy-side interest from value-oriented investors. Here’s Why Urban Outfitters (URBN) is a Strong Value Stock
• Positive Sentiment: Recent analyst upgrades and higher price targets (Morgan Stanley, Robert W. Baird, Telsey Advisory, etc.) and a consensus “Moderate Buy” support a constructive medium-term view. MarketBeat: URBN stock
• Neutral Sentiment: MSN ran a roundup of Wall Street views on URBN (price-target and analyst commentary summary) — useful context but largely reiterates the analyst activity above. Where is Urban Outfitters (URBN) headed according to Wall Street?
• Neutral Sentiment: SEC insider ownership filings were posted and disclosed — routine compliance reporting that details the trades and remaining insider stakes. SEC Ownership Filing
• Negative Sentiment: CEO Richard A. Hayne sold 10,667 shares (Dec. 29) — while his remaining stake is large, CEO selling can be perceived as profit-taking and may pressure sentiment. Richard A. Hayne Insider Trades
• Negative Sentiment: Insider Margaret Hayne sold multiple blocks (most recently 9,333 shares), part of a pattern of repeated sales through December — adds headline risk and supply into the market. Margaret Hayne Insider Trades
• Negative Sentiment: Aggregated alerts and filings summarize continued insider selling across December, which can weigh on sentiment if investors interpret sales as signaling near-term tops. Insider Selling: Urban Outfitters Insider Alert
• Negative Sentiment: At least one outlet (Wall Street Zen) moved URBN to a Hold recently, which can damp buying from investors who track analyst guidance. Urban Outfitters Cut to Hold at Wall Street Zen

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.