As Urban Outfitters (URBN) Valuation Rose, Holder Turtle Creek Asset Management Has Lowered by $8.67 Million Its Position; Disney Walt Co (DIS) Share Price Declined While Envestnet Asset Management Lowered Its Stake by $25.29 Million

June 16, 2018 - By Winifred Garcia

Urban Outfitters, Inc. (NASDAQ:URBN) Logo

Turtle Creek Asset Management Inc decreased its stake in Urban Outfitters Inc (URBN) by 36.04% based on its latest 2018Q1 regulatory filing with the SEC. Turtle Creek Asset Management Inc sold 240,873 shares as the company’s stock rose 13.69% while stock markets declined. The institutional investor held 427,515 shares of the consumer services company at the end of 2018Q1, valued at $15.80 million, down from 668,388 at the end of the previous reported quarter. Turtle Creek Asset Management Inc who had been investing in Urban Outfitters Inc for a number of months, seems to be less bullish one the $4.98 billion market cap company. The stock decreased 0.52% or $0.24 during the last trading session, reaching $45.75. About 1.93 million shares traded. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 124.18% since June 16, 2017 and is uptrending. It has outperformed by 111.61% the S&P500. Some Historical URBN News: 05/04/2018 – Urban Outfitters: David McCreight to Leave Company; 09/04/2018 – Urban Outfitters Presenting at JPMorgan Conference Apr 12; 16/05/2018 – Urban Outfitters: The Bar Is Getting High — Barrons.com; 22/05/2018 – URBAN OUTFITTERS INC – COMPARABLE RETAIL SEGMENT INVENTORY AT QTR-END INCREASED 8 PCT AT COST; 22/05/2018 – URBAN OUTFITTERS 1Q GROSS MARGIN +32.8%; 15/05/2018 – SOROS FUND MANAGEMENT – CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017; 19/04/2018 – DJ Urban Outfitters Inc, Inst Holders, 1Q 2018 (URBN); 05/04/2018 – URBN Announces Departure of David McCreight; 22/05/2018 – URBAN OUTFITTERS INC QTRLY COMPARABLE RETAIL SEGMENT NET SALES INCREASED 10%; 22/05/2018 – URBAN OUTFITTERS 1Q EPS 38C, EST. 31C

Envestnet Asset Management Inc decreased its stake in Disney Walt Co (DIS) by 75.46% based on its latest 2018Q1 regulatory filing with the SEC. Envestnet Asset Management Inc sold 252,889 shares as the company’s stock declined 6.93% with the market. The institutional investor held 82,248 shares of the television services company at the end of 2018Q1, valued at $8.25 million, down from 335,137 at the end of the previous reported quarter. Envestnet Asset Management Inc who had been investing in Disney Walt Co for a number of months, seems to be less bullish one the $162.24 billion market cap company. The stock increased 0.09% or $0.1 during the last trading session, reaching $108.85. About 16.17 million shares traded or 88.31% up from the average. The Walt Disney Company (NYSE:DIS) has declined 4.73% since June 16, 2017 and is downtrending. It has underperformed by 17.30% the S&P500. Some Historical DIS News: 25/04/2018 – COMCAST CMCSA.O SAYS NO MEDIA PLURALITY CONCERNS, VERY DIFFERENT REGULATORY PROPOSITION THAN FOX; 06/03/2018 – Magical and Not-so-Magical Moments in Disney’s Adults-Mostly, Artificial Paradise; 20/04/2018 – New York Post: The heartbreaking story behind Disney’s `Aladdin’; 08/03/2018 – Big names, high hopes for multi-racial ‘Wrinkle in Time’; 14/03/2018 – WALT DISNEY CO – PARKS AND RESORTS AND CONSUMER PRODUCTS OPERATIONS COMBINED TO CREATE NEW HUB; 06/03/2018 – Netflix is worth more than GE or Ford, and it’s creeping up on Disney; 08/03/2018 – Disney shareholders vote against executive compensation; 09/05/2018 – MediaConfidntial: Report: James Murdoch Won’t Be Joining Disney; 29/05/2018 – FOX CEO NOT PLANNING ANY NEW VENTURE YET POST DISNEY DEAL; 08/05/2018 – 21st Century Fox Files Updated Form 13-D In Relation to Asset Sale to Walt Disney

More notable recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Nasdaq.com which released: “Urban Outfitters, Inc. Q1 Earnings More Than Double, Stock Dips” on May 23, 2018, also Seekingalpha.com with their article: “Spotlight On Gambling Reset And Banking Bill” published on May 19, 2018, Nasdaq.com published: “Retail Stocks Are Far From Dead. See Who’s Leading the Rebound” on June 01, 2018. More interesting news about Urban Outfitters, Inc. (NASDAQ:URBN) were released by: Seekingalpha.com and their article: “Urban Outfitters: More Than Meets The Eye” published on June 01, 2018 as well as Forbes.com‘s news article titled: “Benefit Of Higher Consumer Spending Continuing In Q2 For Urban Outfitters” with publication date: June 15, 2018.

Among 38 analysts covering Urban Outfitters Inc. (NASDAQ:URBN), 15 have Buy rating, 2 Sell and 21 Hold. Therefore 39% are positive. Urban Outfitters Inc. had 144 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Mizuho on Tuesday, November 17. The firm has “Neutral” rating by Macquarie Research given on Tuesday, March 8. TheStreet downgraded Urban Outfitters, Inc. (NASDAQ:URBN) on Monday, August 31 to “Hold” rating. Deutsche Bank maintained it with “Hold” rating and $37 target in Wednesday, August 17 report. The rating was maintained by Wells Fargo with “Hold” on Tuesday, November 21. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) earned “Hold” rating by Oppenheimer on Tuesday, August 15. The firm has “Market Perform” rating given on Tuesday, August 18 by BMO Capital Markets. The firm earned “Neutral” rating on Wednesday, June 13 by Citigroup. The firm earned “Hold” rating on Tuesday, August 8 by BMO Capital Markets. KeyBanc Capital Markets maintained the shares of URBN in report on Tuesday, November 21 with “Overweight” rating.

Analysts await Urban Outfitters, Inc. (NASDAQ:URBN) to report earnings on August, 21. They expect $0.74 EPS, up 68.18% or $0.30 from last year’s $0.44 per share. URBN’s profit will be $80.53 million for 15.46 P/E if the $0.74 EPS becomes a reality. After $0.38 actual EPS reported by Urban Outfitters, Inc. for the previous quarter, Wall Street now forecasts 94.74% EPS growth.

Since March 9, 2018, it had 0 insider buys, and 19 sales for $28.08 million activity. STROUSE ROBERT H sold $2.30 million worth of Urban Outfitters, Inc. (NASDAQ:URBN) on Tuesday, April 10. Another trade for 20,000 shares valued at $762,902 was made by ANTOIAN EDWARD N on Wednesday, April 11. The insider McCreight David W. sold 147,319 shares worth $5.68 million. $1.10M worth of Urban Outfitters, Inc. (NASDAQ:URBN) shares were sold by BELAIR SCOTT A. The insider Hayne Azeez sold 800 shares worth $31,209. Another trade for 20,000 shares valued at $781,900 was sold by CHERKEN HARRY S JR.

Turtle Creek Asset Management Inc, which manages about $1.06B US Long portfolio, upped its stake in F5 Networks Inc (NASDAQ:FFIV) by 2,200 shares to 284,800 shares, valued at $41.19M in 2018Q1, according to the filing. It also increased its holding in Cerner Corp (NASDAQ:CERN) by 9,000 shares in the quarter, for a total of 28,350 shares, and has risen its stake in Cogent Communications Holdings Inc (NASDAQ:CCOI).

Investors sentiment increased to 1.11 in 2018 Q1. Its up 0.13, from 0.98 in 2017Q4. It increased, as 28 investors sold URBN 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. Citigroup Inc accumulated 54,209 shares or 0% of the stock. Fincl Architects Inc reported 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Wolverine Asset Mngmt Ltd Liability owns 25,378 shares. Maverick Cap Ltd has invested 0.4% in Urban Outfitters, Inc. (NASDAQ:URBN). Verition Fund Mgmt Limited Liability Company holds 7,796 shares. Gsa Cap Partners Ltd Liability Partnership reported 17,137 shares. 1492 Ltd Liability accumulated 22,077 shares. National Bank Of Hawaii, a Hawaii-based fund reported 9,745 shares. Voloridge Invest Management Limited Liability Com stated it has 0.01% in Urban Outfitters, Inc. (NASDAQ:URBN). Manufacturers Life Insur The stated it has 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Zacks Invest Management owns 35,700 shares or 0.03% of their US portfolio. Hillsdale Inv Incorporated accumulated 0.06% or 11,100 shares. Moreover, Virtu Financial Llc has 0.01% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 5,490 shares. Regions Fincl has 390 shares. Glenmede Trust Com Na reported 99 shares.

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: Seekingalpha.com which released: “‘Solo’ struggles at the box office” on May 28, 2018, also Bizjournals.com with their article: “Disney’s Epcot food festival reveals 9 dining events for 2018” published on June 13, 2018, Seekingalpha.com published: “Box office take -21.3% w/w – JBL” on June 11, 2018. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: Fool.com and their article: “Theme Parks Try to Save Summer Before It’s Too Late” published on June 16, 2018 as well as Seekingalpha.com‘s news article titled: “Canadian backlash against US companies” with publication date: June 14, 2018.

Investors sentiment increased to 1.04 in 2018 Q1. Its up 0.14, from 0.9 in 2017Q4. It increased, as 81 investors sold DIS shares while 615 reduced holdings. 121 funds opened positions while 606 raised stakes. 906.82 million shares or 1.20% more from 896.07 million shares in 2017Q4 were reported. Security Tru Company stated it has 38,796 shares. Shell Asset Mngmt reported 276,477 shares or 0.55% of all its holdings. 8,303 are held by Rand Wealth Ltd. Bankshares invested in 311,418 shares. Arcadia Inv Corporation Mi owns 100 shares or 0% of their US portfolio. Mathes owns 4,400 shares. Temasek (Private) Ltd holds 70,600 shares. Hancock Holdings Com accumulated 110,525 shares. The Minnesota-based White Pine Capital Ltd Company has invested 0.29% in The Walt Disney Company (NYSE:DIS). Yhb Invest stated it has 81,567 shares or 1.39% of all its holdings. Proffitt & Goodson Inc has 0.51% invested in The Walt Disney Company (NYSE:DIS). Berson Corrado Investment Advsrs Ltd Llc stated it has 101,824 shares or 2.44% of all its holdings. Choate Inv Advsrs holds 0% or 15,078 shares in its portfolio. Texas-based Brookmont Capital Management has invested 0.65% in The Walt Disney Company (NYSE:DIS). Gofen And Glossberg Il reported 375,480 shares stake.

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on August, 14. They expect $1.98 EPS, up 25.32% or $0.40 from last year’s $1.58 per share. DIS’s profit will be $2.95 billion for 13.74 P/E if the $1.98 EPS becomes a reality. After $1.84 actual EPS reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts 7.61% EPS growth.

Envestnet Asset Management Inc, which manages about $60.39B and $35.36 billion US Long portfolio, upped its stake in Vanguard Index Fds (VOE) by 14,072 shares to 148,143 shares, valued at $16.06M in 2018Q1, according to the filing. It also increased its holding in Spdr Series Trust (SLYG) by 11,913 shares in the quarter, for a total of 19,775 shares, and has risen its stake in Vanguard World Fd (MGC).

Since February 26, 2018, it had 0 buys, and 1 sale for $194,780 activity.

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

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