Bluemountain Capital Management LLC Increased Its Urban Outfitters INC (URBN) Stake by $18.84 Million

June 29, 2018 - By Tyler Harlow

Urban Outfitters, Inc. (NASDAQ:URBN) Corporate LogoDuring 2018 Q1 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 holdings while 58 funds amassed holdings. Funds hold 74.36 million shares thus 5.84% less from 2017Q4’s 78.97 million shares. Snow Cap Lp invested in 0.07% or 39,709 shs. Brinker holds 8,015 shs or 0.01% of its capital. Regions invested 0% in Urban Outfitters, Inc. (NASDAQ:URBN). Massachusetts Serv Company Ma owns 9.13M shs. 5,900 were reported by Bryn Mawr Trust. Magnetar Fincl Ltd Co holds 10,174 shs or 0.01% of its capital. Comerica Savings Bank holds 0.02% or 63,940 shs. Teachers Retirement Systems Of The State Of Kentucky holds 0.01% of its capital in Urban Outfitters, Inc. (NASDAQ:URBN) for 18,436 shs. Oakbrook Investments Limited Liability Com, a Illinois-based fund reported 7,450 shs. Commercial Bank Of Mellon stated it has 1.62M shs or 0.02% of all its holdings. 86,755 are held by Credit Suisse Ag. New Mexico Educational Retirement Board, New Mexico-based fund reported 22,035 shs. California Pub Employees Retirement Systems stated it has 352,894 shs. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt Corp accumulated 59,800 shs or 0.02% of the stock. Matarin Ltd Llc owns 14,792 shs.

URBN had 19 sales and 0 insider purchases since March 9, 2018. This’s net activity of $28.08 million. Donnelly Trish sold $398,182 worth of stock. On Wednesday, March 21 Hayne Margaret also sold $1.51M worth of Urban Outfitters, Inc. (NASDAQ:URBN). On Friday, April 13 McCreight David W. had sold 51,019 shs worth $1.98M. On Friday, May 25 the insider STROUSE ROBERT H sold $3.38M. On Monday, April 9 the insider Hayne Azeez sold $31,209. The insider BELAIR SCOTT A sold 150,000 shs worth $5.30M.

Andrew Feldstein’s stake in Urban Outfitters Inc (URBN) is increased by 348.81% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock rose 13.69% while stock markets declined as Bluemountain Capital Management Llc bought 523,374 shares. At the end of 2018Q1, the hedge fund run by Andrew Feldstein held 673,420 shares of the consumer services company, valued at $24.89M, up from 150,046 at the end of the previous reported quarter. $4.97B is Urban Outfitters Inc’s MC. URBN is touching $45.655 during the last trading session, after decreased 0.77%.Currently Urban Outfitters, Inc. is uptrending after 124.18% change in last June 29, 2017. URBN has also 636,912 shares volume. URBN outperformed the S&P 500 by 111.61%.

About $27.77B and $4.37 billion US Long portfolio Bluemountain Capital Management Llc operates. Its stake in Devon Energy Corp New (NYSE:DVN) was reduced by 115,977 shares to 6,402 shares valued at $204,000 in 2018Q1, according to the filing. For a total of 349,369 shares it reduced its holding in Plains Gp Hldgs LP by 167,123 shares in the quarter, and has cut its stake in U S G Corp (NYSE:USG).

A couple more Urban Outfitters, Inc. (NASDAQ:URBN) news were released by: Globenewswire.com which released on June 26, 2018 “Glen T. Senk Joins Board of Green Thumb Industries (GTI)”, also Seekingalpha.com on June 01, 2018 released “Urban Outfitters: More Than Meets The Eye”, the next Investorplace.com is “20 Top Stocks That Don’t Get Enough Appreciation” on June 28, 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. The company rating was upgraded by M Partners on Wednesday, May 16. On Wednesday, March 7 the rating was maintained by Jefferies with “Buy”. On Tuesday, April 10 the firm has “Overweight” rating by JP Morgan given. In Tuesday, May 22 report Oppenheimer maintained the stock with “Hold” rating. The company rating was maintained by Robert W. Baird on Wednesday, January 10. On Tuesday, June 12 Deutsche Bank maintained Urban Outfitters, Inc. (NASDAQ:URBN) with “Sell” rating. On Tuesday, March 6 the firm has “Hold” rating by Oppenheimer given. On Friday, February 9 the firm has “Hold” rating given by RBC Capital Markets. On Wednesday, March 7 the stock has “Buy” rating by SunTrust. On Friday, February 2 the company was maintained by SunTrust.

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

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