Urban Outfitters, Inc. Draws Bearish Options Activity Today

 Urban Outfitters, Inc. Draws Bearish Options Activity Today

In today’s session Urban Outfitters, Inc. (URBN) recorded an unusually high (535) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious URBN decrease. With 535 contracts traded and 22034 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: URBN170120P00033000 closed last at: $1.45 or 81.2% up. About 1.07 million shares traded hands. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 9.65% since April 22, 2016 and is uptrending. It has outperformed by 4.24% the S&P500.

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

Out of 30 analysts covering Urban Outfitters Inc. (NASDAQ:URBN), 9 rate it a “Buy”, 0 “Sell”, while 21 “Hold”. This means 30% are positive. Urban Outfitters Inc. has been the topic of 76 analyst reports since July 31, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Friday, June 10. RBC Capital Markets has “Sector Perform” rating and $29 price target. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) earned “Buy” rating by Citigroup on Tuesday, November 15. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) has “Neutral” rating given on Thursday, September 17 by M Partners. Mizuho maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Tuesday, November 10. Mizuho has “Neutral” rating and $30 price target. The company was downgraded on Wednesday, November 23 by Wunderlich. The company was initiated on Tuesday, August 18 by Wolfe Research. The rating was maintained by Credit Suisse with “Neutral” on Tuesday, March 8. On Thursday, November 12 the stock rating was maintained by Brean Capital with “Buy”. Goldman Sachs maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Wednesday, August 17 with “Buy” rating. The stock has “Neutral” rating given by UBS on Tuesday, March 8.

According to Zacks Investment Research, “Urban Outfitters, Inc. operates two business segments consisting of a lifestyle-oriented general merchandise retailing segment and a wholesale apparel business. The retailing segment operates through retail stores and direct response, including a catalog and two web sites. The company’s wholesale business designs and markets young women’s casual wear which it provides to the company’s retail operations and sells to specialty retailers worldwide.”

Insitutional Activity: The institutional sentiment increased to 1.19 in Q2 2016. Its up 0.12, from 1.07 in 2016Q1. The ratio improved, as 45 funds sold all Urban Outfitters, Inc. shares owned while 91 reduced positions. 39 funds bought stakes while 107 increased positions. They now own 83.39 million shares or 1.57% less from 84.73 million shares in 2016Q1.
Acadian Asset Limited Liability Corp reported 19,365 shares or 0% of all its holdings. Summit Group Ltd Liability holds 0.12% or 8,166 shares in its portfolio. Gateway Advisers Ltd Liability Corporation accumulated 0% or 7,467 shares. Tower Research Limited (Trc), a New York-based fund reported 3,758 shares. Advisory Svcs Network Ltd Co has invested 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Aimz Ltd Liability Co has invested 1.73% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Sg Americas Limited Liability Corp accumulated 0.01% or 34,143 shares. Boston Advisors Limited Liability Co accumulated 161,270 shares or 0.11% of the stock. Tdam Usa Inc holds 0.04% or 31,244 shares in its portfolio. Invesco Ltd holds 1.15M shares or 0.01% of its portfolio. Lucus Lc holds 12,712 shares or 0.29% of its portfolio. Capstone Lc accumulated 0.01% or 14,800 shares. Brandywine Global Inv Management Limited Com has 0.01% invested in the company for 31,325 shares. California Public Employees Retirement Sys accumulated 347,400 shares or 0.02% of the stock. Amica Retiree Medical Tru last reported 0.03% of its portfolio in the stock.

Insider Transactions: Since August 19, 2016, the stock had 0 buys, and 2 insider sales for $399,767 net activity. $149,680 worth of Urban Outfitters, Inc. (NASDAQ:URBN) was sold by Conforti Frank on Friday, August 19. $250,087 worth of Urban Outfitters, Inc. (NASDAQ:URBN) was sold by Hayne Azeez on Monday, November 14.

Urban Outfitters, Inc. is a lifestyle specialty retail company. The company has a market cap of $3.47 billion. The Firm operates through two divisions: Retail and Wholesale. It has a 17.48 P/E ratio. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its clients through retail stores, Websites, mobile applications, catalogs and customer contact centers.

URBN Company Profile

Urban Outfitters, Inc., incorporated on August 06, 1976, is a lifestyle specialty retail company. The Firm operates through two divisions: Retail and Wholesale. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its clients through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Retail segment also includes Vetri Family, which operates restaurants under the names Amis, Alla Spina, Lo Spiedo, Pizzeria Vetri and Osteria. The Company’s Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young women’s contemporary casual apparel and shoes through individual and chain specialty stores and department stores.

More recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Wsj.com which released: “Urban Outfitters Rally Has Gone Too Far” on November 21, 2016. Also Investorplace.com published the news titled: “Urban Outfitters, Inc. (URBN) Shares Plunge on Q3 Earnings Results” on November 23, 2016. Nasdaq.com‘s news article titled: “Earnings Reaction History: Urban Outfitters, Inc., 66.7% Follow-Through …” with publication date: November 22, 2016 was also an interesting one.

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