Economy

Urban Outfitters, Inc. (URBN) Insider sold 48981 Shares

Urban Outfitters, Inc. (URBN) Insider sold 48981 Shares

(NASDAQ:URBN), 12 have Buy rating, 3 Sell and 19 Hold. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.80 as current ratio and on the opponent side the debt to equity ratio was 0.48 and long-term debt to equity ratio also remained 0.48. The rating was downgraded by M Partners on Monday, February 27 to "Sell". BMO Capital Markets set a $20.00 price objective on Urban Outfitters and gave the stock a "hold" rating in a report on Tuesday, August 8th. Deutsche Bank AG reaffirmed a hold rating and set a $18.00 price target (down from $19.00) on shares of Urban Outfitters in a research report on Friday, August 11th. FBR & Co dropped their price target on Urban Outfitters from $24.00 to $16.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 15th. Urban Outfitters, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that General Counsel and Secretary Hayne Azeez has sold 6,260 shares of Urban Outfitters, Inc. Three analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and nine have given a buy rating to the company. These holdings make up 89.98% of the company's outstanding shares. The company has market cap of $3.06 billion. Urban Outfitters has a twelve month low of $16.19 and a twelve month high of $39.29. Shapiro Capital Management Co Inc is the second biggest holder with 9 million shares now valued at 163.67 million whilst Vanguard Group Inc has 6 million shares valued at 119.04 million. The stock's average target of $70.67 is -22.60% below today's ($91.3) share price.

TRADEMARK VIOLATION NOTICE: This article was first posted by The Lincolnian Online and is the property of of The Lincolnian Online. Urban Outfitters Inc. (NASDAQ:URBN) has a 20-Day average volume of 2.52 Million. This repurchase authorization authorizes the apparel retailer to buy up to 0.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued. After this sale, 449 common shares of URBN are directly owned by the insider, with total stake valued at $12,527. Sun Life Financial INC purchased a new stake in shares of Urban Outfitters during the 2nd quarter worth $151,000. SHAPIRO CAPITAL MANAGEMENT LLC owned 12.31% of Urban Outfitters, Inc. Advisor Group Inc. now owns 32,251 shares of the apparel retailer's stock valued at $595,000 after buying an additional 338 shares during the period. Bank of Nova Scotia bought a new stake in Urban Outfitters during the 1st quarter worth $251,000. Empirical Finance LLC boosted its position in Urban Outfitters by 0.5% in the 2nd quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of Urban Outfitters by 0.4% during the 2nd quarter. Empirical Finance LLC now owns 66,575 shares of the apparel retailer's stock valued at $1,235,000 after buying an additional 360 shares during the period.

More news: Egg Prices Up by 40%; Broilers Cheaper by 25%

Urban - a retailer of men's and women's apparel, accessories, and home furnishings and decor merchandise - has a distribution center and an e-commerce fulfillment center in Gap. The Firm operates through two divisions: Retail and Wholesale.


  • EU's Barnier Shuts Door On Post-Brexit Passporting For City

    This is our preferred option. "The EU will, of course, be ready to offer its most ambitious FTA (free trade agreement) approach". The £36bn is well short of the €60bn (£53bn) originally sought by Brussels.
    Real Madrid coach Zidane defends Benzema: He just needs a break

    Real Madrid coach Zidane defends Benzema: He just needs a break

    A point will also be enough for Madrid to ensure progress provided struggling Borussia Dortmund do not beat Tottenham in Germany . Real head to Nicosia having found life domestically and in Europe far from comfortable in recent times .
    Trudeau to offer formal apology for LGBTQ persecution on November  28

    Trudeau to offer formal apology for LGBTQ persecution on November 28

    The apology is expected to focus on Canadians who were criminally charged or lost their jobs due to their sexual orientation. The formal apology public and the canadian government are part of this commitment.
  • Samsung Galaxy X Foldable Phone Gets Official Support Page

    Samsung Galaxy X Foldable Phone Gets Official Support Page

    So, going by this calculation, Galaxy X will be launched around the second quarter (April-June) of 2018. In September we found the Korean certificate for model number SM-G888N0 (N0 is for the Korean market).
    SFV Assemblyman Bocanerga won't seek re-election amid sexual harassment allegations

    SFV Assemblyman Bocanerga won't seek re-election amid sexual harassment allegations

    Martinez and Bocanegra are a part of a tight-knit political alliance of Democrats from the Northeast San Fernando Valley. He was an Assembly chief of staff at the time and was later elected to the Legislature in 2012.
    Crocodile captured off Florida beach

    Crocodile captured off Florida beach

    Florida Fish and Wildlife responded and could be seen attempting to capture the reptile without harming it. At one point it moved further into the water before returning above the surf.
  • Jacinda Ardern narrates play in Auckland

    Jacinda Ardern narrates play in Auckland

    However, the Prime Minister told The AM Show it was someone else that made that assumption, not Trump. The news comes weeks after she had a minor argument with Trump at the summit. "Tom's a mate of mine".
    New tools to help find Uber driver

    New tools to help find Uber driver

    Uber has added a few new features right before the holidays that should make getting a ride for you or a friend a bit easier. One of those tools is a device called the "beacon", which can be found on an Uber vehicle's windshield.
    UW's Jake Browning named Pac-12 player of the week

    UW's Jake Browning named Pac-12 player of the week

    Washington coach Chris Petersen had plenty to say about Washington State and all that comes with The Apple Cup. It's just about one week and if we start looking about championships and all that, your focus isn't right".
  • Brazilian off-duty cop vanquishes armed robbers while holding infant son

    Brazilian off-duty cop vanquishes armed robbers while holding infant son

    Much of the incident was caught on surveillance camera and has since went viral, with mixed opinions regarding the shooting. Souza, of the 49th Metropolitan Battalion, said that the suspect meant to shoot him so he reacted and shot him first.
    Emerson Electric Company (EMR) Stake Decreased by Fiduciary Trust Co

    Emerson Electric Company (EMR) Stake Decreased by Fiduciary Trust Co

    Institutional investors own 69.35% of the company's stock. 21,541 were accumulated by First National Bank & Trust & Of Newtown. Pinnacle Associates holds 0.03% in Tapestry Inc (NYSE:TPR) or 38,400 shares. (NYSE: EMR ) for 273 shares.
    Fox News 'Justice' host Jeanine Pirro clocked going 119 mph

    Fox News 'Justice' host Jeanine Pirro clocked going 119 mph

    She said in a 2015 interview with The Hill that her biggest pet peeve was people who "drive slow in the passing lane". It was not immediately known what type of auto Pirro was driving or whether she had any passengers.