Urban Outfitters, Inc. (URBN) Reaches $44.21 After 8.00% Down Move; A-R-T- Advisors Has Lifted Dolby Laboratories (DLB) Stake By $800,100

July 12, 2018 - By Ashley Bratcher

Urban Outfitters, Inc. (NASDAQ:URBN) Logo

A-R-T- Advisors Llc increased Dolby Laboratories Inc (DLB) stake by 39.32% reported in 2018Q1 SEC filing. A-R-T- Advisors Llc acquired 12,700 shares as Dolby Laboratories Inc (DLB)’s stock declined 5.87%. The A-R-T- Advisors Llc holds 45,000 shares with $2.86M value, up from 32,300 last quarter. Dolby Laboratories Inc now has $6.57B valuation. The stock increased 0.91% or $0.57 during the last trading session, reaching $63.14. About 119,740 shares traded. Dolby Laboratories, Inc. (NYSE:DLB) has risen 21.95% since July 12, 2017 and is uptrending. It has outperformed by 9.38% the S&P500. Some Historical DLB News: 24/04/2018 – Dolby Laboratories 2Q Adj EPS 78c; 24/04/2018 – DOLBY LABS 2Q REV. $301.4M, EST. $300.3M; 19/03/2018 – Dolby Laboratories and OPPO Form Strategic Intellectual Property Partnership; 22/03/2018 – Dolby Laboratories and Hunan Broadcasting System lnked a Strategic Partnership in China; 18/04/2018 – DOLBY LABORATORIES INC DLB.N – SHOCHIKU MULTIPLEX THEATRES AND CO ENTERED INTO AN AGREEMENT FOR FIRST DEPLOYMENT OF DOLBY CINEM THEATRES IN JAPAN; 09/05/2018 – Dolby Laboratories Earns Frost & Sullivan’s Customer Value Leadership Award for its Superior Audio and Video Conferencing Technology; 08/03/2018 – Dolby Laboratories Celebrates International Women’s Day 2018; 09/05/2018 – Gamco Adds XL Group, Exits Dolby Labs, Cuts Navistar: 13F; 27/03/2018 – Dolby Atmos Immersive Sound Brought to Huawei Mobile Devices; 19/04/2018 – DOLBY & DISNEY REPORT EXTENDED THEATRICAL PACT

The stock of Urban Outfitters, Inc. (NASDAQ:URBN) is a huge mover today! The stock decreased 2.62% or $1.19 during the last trading session, reaching $44.21. About 1.63M shares traded. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 124.18% since July 12, 2017 and is uptrending. It has outperformed by 111.61% the S&P500. Some Historical URBN News: 22/05/2018 – Urban Outfitters earnings skate past expectations; 25/04/2018 – SiteSpect Launches Visual Editor 2.0 to Empower Marketers without Coding Expertise; 16/05/2018 – Urban Outfitters: The Bar Is Getting High — Barrons.com; 22/05/2018 – Urban Outfitters first-quarter sales beat estimates; 22/05/2018 – URBN EPS Jumps 280%; 22/05/2018 – URBAN OUTFITTERS INC – COMPARABLE RETAIL SEGMENT INVENTORY AT QTR-END INCREASED 8 PCT AT COST; 06/03/2018 – URBAN OUTFITTERS 4Q ADJ EPS 69C, EST. 64C; 05/04/2018 – URBN Announces Departure of David McCreight; 06/03/2018 – URBAN OUTFITTERS 4Q GROSS MARGIN +31.3%, EST. +32.3%; 22/05/2018 – URBAN OUTFITTERS 1Q EPS 38C, EST. 31CThe move comes after 8 months negative chart setup for the $4.81 billion company. It was reported on Jul, 12 by Barchart.com. We have $40.67 PT which if reached, will make NASDAQ:URBN worth $384.88M less.

Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products. The company has market cap of $4.81 billion. It operates through two divisions, Retail and Wholesale. It has a 46.05 P/E ratio. The firm retails womenÂ’s and menÂ’s fashion apparel, intimates, footwear, beauty and accessories, home goods, activewear, and electronics for young adults aged 18 to 28 under the Urban Outfitters brand; and assortment, including womenÂ’s casual apparel and accessories, intimates, shoes, beauty, home furnishings, and various gifts and decorative items for women aged 28 to 45 under the Anthropologie brand.

Investors sentiment increased to 1.11 in Q1 2018. Its up 0.13, from 0.98 in 2017Q4. It is positive, as 28 investors sold Urban Outfitters, Inc. shares while 86 reduced holdings. 58 funds opened positions while 69 raised stakes. 74.36 million shares or 5.84% less from 78.97 million shares in 2017Q4 were reported. Royal Fincl Bank Of Canada owns 0% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 22,552 shares. Moreover, California State Teachers Retirement Sys has 0.01% invested in Urban Outfitters, Inc. (NASDAQ:URBN). Sg Americas Ltd Liability Corporation has invested 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). 9,745 are owned by Comml Bank Of Hawaii. 260,661 are held by Parametric Port Associate Lc. Point72 Asia (Hong Kong) holds 0.02% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN) for 1,059 shares. Public Employees Retirement Of Ohio has 0.02% invested in Urban Outfitters, Inc. (NASDAQ:URBN). 1.04 million were accumulated by Millennium Mngmt Ltd Liability. Parkside Bancorp stated it has 260 shares or 0% of all its holdings. Gemmer Asset Mgmt Ltd Liability has 0% invested in Urban Outfitters, Inc. (NASDAQ:URBN). Brown Brothers Harriman And holds 65 shares. 35,700 were reported by Zacks Investment Mgmt. Hsbc Public Limited invested in 0% or 24,942 shares. Vident Investment Advisory Lc accumulated 101,043 shares. Westpac Corp holds 0% or 126,390 shares.

More important recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Nasdaq.com which released: “Don’t Waste Your Money on Bitcoin, When These 3 Stocks Are Better Buys” on July 11, 2018, also Seekingalpha.com published article titled: “American Software: A Secular SaaS Growth Story”, Forbes.com published: “Benefit Of Higher Consumer Spending Continuing In Q2 For Urban Outfitters” on June 15, 2018. More interesting news about Urban Outfitters, Inc. (NASDAQ:URBN) was released by: Gurufocus.com and their article: “Perfect 10 Portfolio Is a Thing of Beauty, Up 43%” with publication date: July 10, 2018.

Among 18 analysts covering Urban Outfitters (NASDAQ:URBN), 6 have Buy rating, 1 Sell and 11 Hold. Therefore 33% are positive. Urban Outfitters had 26 analyst reports since February 2, 2018 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Friday, February 9. Oppenheimer maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Tuesday, May 22 with “Hold” rating. On Wednesday, May 23 the stock rating was maintained by Wells Fargo with “Hold”. JP Morgan maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Wednesday, May 23. JP Morgan has “Overweight” rating and $48 target. The company was maintained on Wednesday, March 7 by SunTrust. The company was maintained on Tuesday, April 10 by JP Morgan. As per Tuesday, March 6, the company rating was maintained by Oppenheimer. Morgan Stanley maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Wednesday, March 7 with “Equal-Weight” rating. The company was maintained on Thursday, March 8 by Buckingham Research. The company was maintained on Tuesday, March 6 by BMO Capital Markets.

Analysts await Urban Outfitters, Inc. (NASDAQ:URBN) to report earnings on August, 21. They expect $0.76 earnings per share, up 72.73% or $0.32 from last year’s $0.44 per share. URBN’s profit will be $82.70 million for 14.54 P/E if the $0.76 EPS becomes a reality. After $0.38 actual earnings per share reported by Urban Outfitters, Inc. for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Since March 9, 2018, it had 0 buys, and 21 selling transactions for $28.89 million activity. 10,311 shares valued at $398,182 were sold by Donnelly Trish on Tuesday, April 10. ANTOIAN EDWARD N sold $762,902 worth of Urban Outfitters, Inc. (NASDAQ:URBN) on Wednesday, April 11. Another trade for 20,000 shares valued at $781,900 was sold by CHERKEN HARRY S JR. 10,000 Urban Outfitters, Inc. (NASDAQ:URBN) shares with value of $460,000 were sold by LAWSON JOEL S III. Shares for $359,917 were sold by Hayne Azeez on Tuesday, July 3. $1.10M worth of Urban Outfitters, Inc. (NASDAQ:URBN) shares were sold by BELAIR SCOTT A. On Friday, March 9 Hollinger Calvin sold $613,235 worth of Urban Outfitters, Inc. (NASDAQ:URBN) or 17,397 shares.

More recent Dolby Laboratories, Inc. (NYSE:DLB) news were published by: Globenewswire.com which released: “Dolby Laboratories Celebrates Pride Around the World” on June 25, 2018. Also Globenewswire.com published the news titled: “Dolby Announces European Cinema Market Expansion at CineEurope 2018” on June 13, 2018. Bizjournals.com‘s news article titled: “Check out all of the restaurants that have opened in SoMa, Mission Bay so far this year” with publication date: June 21, 2018 was also an interesting one.

Investors sentiment increased to 1.47 in 2018 Q1. Its up 0.11, from 1.36 in 2017Q4. It increased, as 20 investors sold DLB shares while 69 reduced holdings. 36 funds opened positions while 95 raised stakes. 55.05 million shares or 3.58% more from 53.15 million shares in 2017Q4 were reported. Signaturefd Ltd Liability Corporation holds 1,397 shares. New York State Common Retirement Fund reported 0.03% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB). Parametric Portfolio Associate Ltd Llc owns 76,959 shares. Willis Counsel, a Georgia-based fund reported 151,535 shares. 70,758 were reported by Royal State Bank Of Canada. First Advsrs Limited Partnership owns 183,819 shares. Schroder Inv Mgmt Grp Incorporated owns 0.07% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 668,411 shares. Morgan Stanley, New York-based fund reported 425,229 shares. California State Teachers Retirement holds 0.01% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB) for 93,572 shares. River Road Asset Mngmt Limited Liability owns 0.17% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 133,530 shares. Moreover, Polar Capital Limited Liability Partnership has 1.41% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 2.20 million shares. Citadel Advsr Ltd Liability Corporation has 38,071 shares for 0% of their portfolio. Castleark Limited Liability Corp has invested 0.2% in Dolby Laboratories, Inc. (NYSE:DLB). Disciplined Growth Mn owns 0.9% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 721,599 shares. State Of Alaska Department Of Revenue, Alaska-based fund reported 4,540 shares.

Among 7 analysts covering Dolby Laboratories (NYSE:DLB), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Dolby Laboratories had 8 analyst reports since January 16, 2018 according to SRatingsIntel. On Tuesday, April 3 the stock rating was maintained by Dougherty with “Buy”. The company was downgraded on Thursday, January 25 by FBR Capital. The stock has “Neutral” rating by B. Riley & Co on Tuesday, January 16. The firm earned “Neutral” rating on Thursday, January 25 by JP Morgan. FBR Capital downgraded the stock to “Hold” rating in Tuesday, January 16 report. The firm has “Hold” rating given on Monday, January 22 by Piper Jaffray.

A-R-T- Advisors Llc decreased Encore Wire Corp (NASDAQ:WIRE) stake by 12,500 shares to 18,656 valued at $1.06 million in 2018Q1. It also reduced Palo Alto Networks Inc (NYSE:PANW) stake by 5,900 shares and now owns 23,800 shares. Wabco Hldgs Inc (NYSE:WBC) was reduced too.

Since January 22, 2018, it had 0 insider purchases, and 42 insider sales for $181.91 million activity. Dolby Dagmar also sold $6.49 million worth of Dolby Laboratories, Inc. (NYSE:DLB) shares. The insider SHERMAN MARK ANDREW sold 81,554 shares worth $5.10 million. 43,527 shares were sold by JASPER N WILLIAM JR, worth $2.86M. Shares for $893,691 were sold by YEAMAN KEVIN J on Tuesday, May 1. GOTCHER PETER C sold $325,049 worth of Dolby Laboratories, Inc. (NYSE:DLB) on Tuesday, February 6. $2.30M worth of Dolby Laboratories, Inc. (NYSE:DLB) was sold by Baker Giles on Tuesday, February 27. DONATIELLO NICHOLAS JR also sold $126,020 worth of Dolby Laboratories, Inc. (NYSE:DLB) on Wednesday, May 16.

Dolby Laboratories, Inc. (NYSE:DLB) Institutional Positions Chart

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