2 weeks Ago By ABMN Staff
Hsbc Holdings PLC raised its holdings in Urban Outfitters, Inc. ( NASDAQ:URBN – Free Report ) by 60.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC.
The fund owned 23,577 shares of the apparel retailer’s stock after purchasing an additional 8,904 shares during the quarter. Hsbc Holdings PLC’s holdings in Urban Outfitters were worth $971,000 as of its most recent SEC filing. Other large investors also recently made changes to their positions in the company.
QRG Capital Management Inc. raised its holdings in shares of Urban Outfitters by 2.4% in the second quarter.
QRG Capital Management Inc. now owns 9,327 shares of the apparel retailer’s stock valued at $383,000 after buying an additional 221 shares during the last quarter. Signaturefd LLC raised its stake in shares of Urban Outfitters by 15.
5% in the second quarter. Signaturefd LLC now owns 2,230 shares of the apparel retailer’s stock worth $92,000 after acquiring an additional 299 shares during the last quarter. Arizona State Retirement System lifted its position in shares of Urban Outfitters by 2.
4% during the second quarter. Arizona State Retirement System now owns 16,976 shares of the apparel retailer’s stock worth $697,000 after purchasing an additional 401 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Urban Outfitters by 89.
7% during the fourth quarter. Parallel Advisors LLC now owns 882 shares of the apparel retailer’s stock valued at $31,000 after purchasing an additional 417 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Urban Outfitters by 5.
2% in the second quarter. Commonwealth Equity Services LLC now owns 9,712 shares of the apparel retailer’s stock valued at $399,000 after purchasing an additional 482 shares in the last quarter. Institutional investors own 77.
61% of the company’s stock. Insider Activity at Urban Outfitters In other Urban Outfitters news, CEO Tricia D. Smith sold 11,730 shares of Urban Outfitters stock in a transaction dated Friday, September 6th.
The stock was sold at an average price of $35.29, for a total value of $413,951.70.
The transaction was disclosed in a filing with the SEC, which is accessible through this link . In related news, Director Harry S. Cherken, Jr.
sold 5,000 shares of Urban Outfitters stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $48.30, for a total value of $241,500.
00. Following the sale, the director now owns 565,296 shares of the company’s stock, valued at $27,303,796.80.
The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, CEO Tricia D. Smith sold 11,730 shares of the stock in a transaction that occurred on Friday, September 6th.
The shares were sold at an average price of $35.29, for a total value of $413,951.70.
The disclosure for this sale can be found here . 31.80% of the stock is owned by insiders.
Analyst Upgrades and Downgrades Check Out Our Latest Report on URBN Urban Outfitters Stock Up 1.7 % Shares of URBN stock opened at $38.32 on Friday.
Urban Outfitters, Inc. has a 12-month low of $30.67 and a 12-month high of $48.
90. The firm has a fifty day moving average of $39.40 and a 200-day moving average of $41.
10. The firm has a market capitalization of $3.54 billion, a price-to-earnings ratio of 12.
24, a price-to-earnings-growth ratio of 0.93 and a beta of 1.50.
Urban Outfitters ( NASDAQ:URBN – Get Free Report ) last posted its earnings results on Wednesday, August 21st. The apparel retailer reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.
00 by $0.24. The firm had revenue of $1.
35 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Urban Outfitters had a return on equity of 15.
49% and a net margin of 5.83%. The company’s revenue was up 6.
3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.10 earnings per share.
Research analysts expect that Urban Outfitters, Inc. will post 3.63 earnings per share for the current year.
About Urban Outfitters ( Free Report ) Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.
Further Reading Want to see what other hedge funds are holding URBN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Urban Outfitters, Inc. ( NASDAQ:URBN – Free Report ).
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