Bluemountain Capital Management LLC Increased Urban Outfitters INC (URBN) Stake

June 29, 2018 - By Darrin Badillo

Urban Outfitters, Inc. (NASDAQ:URBN) Corporate LogoDuring Q1 2018 the big money sentiment increased to 1.11. That’s change of 0.13, from 2017Q4’s 0.98. 28 investors sold all, 86 reduced holdings as URBN ratio improved. 69 rose stakes while 58 funds took stakes. Funds hold 74.36 million shares thus 5.84% less from 2017Q4’s 78.97 million shares. Parkside Fincl Bank And Trust accumulated 260 shs. Teacher Retirement Systems Of Texas holds 16,772 shs. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest has invested 0.02% of its capital in Urban Outfitters, Inc. (NASDAQ:URBN). Ameriprise Inc has 0% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 266,968 shs. Utah Retirement owns 0.01% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 14,915 shs. Tower Rech Ltd Liability Company (Trc) has invested 0.05% of its capital in Urban Outfitters, Inc. (NASDAQ:URBN). Chicago Equity Partners Limited Company owns 163,005 shs. 62,345 were reported by Stone Ridge Asset Management Limited Liability Co. Gsa Ptnrs Limited Liability Partnership has invested 0.03% in Urban Outfitters, Inc. (NASDAQ:URBN). Bancorp Of America Corporation De holds 0.01% or 1.46 million shs in its capital. Virtu Fincl Ltd holds 5,490 shs or 0.01% of its capital. Schwab Charles Inv Mngmt Inc stated it has 383,924 shs. Ajo Limited Partnership accumulated 410,233 shs. Fincl Bank Of Montreal Can invested 0% of its capital in Urban Outfitters, Inc. (NASDAQ:URBN). State Treasurer State Of Michigan stated it has 0.01% in Urban Outfitters, Inc. (NASDAQ:URBN).

URBN registered $28.08 million net activity with 0 buys and 19 selling transactions since March 9, 2018. On Tuesday, April 10 a trade for 60,000 shs valued at $2.30 million was made by STROUSE ROBERT H. Shares for $1.98M were sold by McCreight David W.. Hayne Azeez sold 11,421 shs worth $405,331. On Tuesday, March 13 150,000 shs were sold by BELAIR SCOTT A, worth $5.30 million. Hayne Margaret sold $1.51M worth of Urban Outfitters, Inc. (NASDAQ:URBN) or 41,100 shs on Wednesday, March 21. On Friday, March 9 17,397 shs were sold by Hollinger Calvin, worth $613,235.

Andrew Feldstein increased its holdings by 348.81% in Urban Outfitters Inc (URBN), according to 2018Q1 SEC filling. The company’s stock popped up 13.69% while Bluemountain Capital Management Llc bought 523,374 shares. The consumer services company at the end of 2018Q1 was priced at $24.89M. It’s up from 150,046 at the end of the previous reported quarter. Now it had 673,420 shares held by the hedge fund run by Andrew Feldstein. $4.97B is the market cap of Urban Outfitters Inc. URBN hit $45.655 during the last trading session after $0.355 change.Urban Outfitters, Inc. has volume of 636,912 shares. Since June 29, 2017 URBN has risen 124.18% and is uptrending. The stock outperformed the S&P500 by 111.61%.

According to a filing Bluemountain Capital Management Llc decreased its stake in Tenneco Inc (NYSE:TEN) by 104,670 shares to 32,077 shares, valued at $1.76M in 2018Q1. The fund manages about $27.77B and $4.37B US Long portfolio. Bluemountain Capital Management Llc has cut its stake in Qualcomm Inc (NASDAQ:QCOM) and also reduced its holding in Marathon Oil Corp (NYSE:MRO) by 389,867 shares in the quarter, for a total of 424,124 shares.

A couple more Urban Outfitters, Inc. (NASDAQ:URBN) news were brought out by: Investorplace.com which released on June 28, 2018 “20 Top Stocks That Don’t Get Enough Appreciation”, also Globenewswire.com on June 26, 2018 brought out “Glen T. Senk Joins Board of Green Thumb Industries (GTI)”, the next Seekingalpha.com is “Urban Outfitters: More Than Meets The Eye” on June 01, 2018. Forbes.com has article titled “Benefit Of Higher Consumer Spending Continuing In Q2 For Urban Outfitters”.

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

Total analysts of 18 have positions in Urban Outfitters (NASDAQ:URBN) as follows: 7 rated it a “Buy”, 1 with “Sell” and 10 with “Hold”. The positive are 39%. Since January 10, 2018 according to StockzIntelligence Inc Urban Outfitters has 26 analyst reports. On Friday, February 2 the stock of Urban Outfitters, Inc. (NASDAQ:URBN) earned “Buy” rating by SunTrust. On Tuesday, March 6 the firm earned “Buy” rating by Robert W. Baird. The stock rating was maintained by RBC Capital Markets with “Hold” on Friday, February 9. On Wednesday, March 7 the rating was maintained by SunTrust with “Buy”. The stock rating was maintained by FBR Capital with “Neutral” on Thursday, May 24. The company rating was maintained by B. Riley & Co on Tuesday, February 27. On Tuesday, May 22 the firm has “Hold” rating given by Oppenheimer. On Tuesday, March 6 BMO Capital Markets maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating. BMO Capital Markets has “Hold” rating and $37.0 target. On Wednesday, May 23 Wells Fargo maintained the shares of URBN in report with “Hold” rating. On Wednesday, March 7 the company was maintained by FBR Capital.

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

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