Shares of Urban Outfitters (NASDAQ:URBN) are trading lower over 5% in 2012, but that’s about to change following the company’s latest earnings report Monday. Urban Outfitters Inc. beat the mean analyst estimate of 20 cents per share, but delivering 23 cents per share to shareholders. Shareholders love profits, so they seem to be very happy with URBN’s latest report, bidding shares higher over 6% in after hours trading today.
Are Urban Outfitters’ biggest stockholders adding to their positions following the profit increase year over year? 194 institutional firms indicated owning shares of Urban Outfitters Inc. (NASDAQ:URBN) in Q1 2012. These firms reported owning a total of 49.834 million shares on 03/31/2012 . The shares closed at $29.11 on 03/31/2012.
Here are the ten largest positions in Urban Outfitters Inc. at the end of March 31st, 2012.
Massachusetts Financial Services Co /ma/ held 11,350,897 shares on 03/31/2012 worth $330,424,619.
State Street Corp held 4,416,792 shares on 03/31/2012 worth $128,572,818.
Blackrock Institutional Trust Company N.A. held 2,912,334 shares on 03/31/2012 worth $84,778,045.
Bank of New York Mellon Corp held 2,748,891 shares on 03/31/2012 worth $80,020,219.
Oppenheimer Funds Inc held 2,000,000 shares on 03/31/2012 worth $58,220,001.
American Century Companies Inc held 1,944,115 shares on 03/31/2012 worth $56,593,189.
Trilogy Global Advisors LP held 1,546,833 shares on 03/31/2012 worth $45,028,310.
Kalmar Investments Inc /de/ held 1,261,510 shares on 03/31/2012 worth $36,722,557.
Franklin Resources Inc held 1,141,680 shares on 03/31/2012 worth $33,234,305.
Blackrock Fund Advisors held 1,134,355 shares on 03/31/2012 worth $33,021,075.
Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.