Dimensional Fund Advisors Holds 6.5M Shares in Urban Outfitters

Ticker: URBN · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**Dimensional Fund Advisors still owns 6.5M shares of Urban Outfitters, showing continued institutional confidence.**

AI Summary

Dimensional Fund Advisors LP, a Delaware Limited Partnership, filed an amended SC 13G/A on February 9, 2024, indicating its ownership in Urban Outfitters Inc. As of December 29, 2023, Dimensional Fund Advisors LP beneficially owned 6,503,176 shares of Urban Outfitters' Common Stock, representing a significant institutional stake. This matters to investors as it shows a major fund manager maintains a substantial position, potentially signaling confidence in the company's long-term prospects.

Why It Matters

This filing confirms a major institutional investor, Dimensional Fund Advisors LP, holds a significant stake in Urban Outfitters, which can influence stock stability and investor sentiment.

Risk Assessment

Risk Level: low — This filing is an amendment showing a large institutional investor's continued stake, which generally indicates stability rather than immediate risk.

Analyst Insight

Investors should note that a major institutional investor, Dimensional Fund Advisors LP, continues to hold a substantial position in Urban Outfitters. This could be a positive signal, but further research into Urban Outfitters' fundamentals and Dimensional's investment strategy would be prudent before making investment decisions.

Key Numbers

6,503,176 — Shares Beneficially Owned (Represents the total number of Urban Outfitters Common Stock shares held by Dimensional Fund Advisors LP with sole voting power.)

Key Players & Entities

Dimensional Fund Advisors LP (company) — the reporting person and institutional investor
Urban Outfitters Inc (company) — the subject company whose stock is being reported
6,503,176 (dollar_amount) — the number of shares beneficially owned by Dimensional Fund Advisors LP
December 29, 2023 (date) — the date of the event requiring this filing
Delaware (company) — place of organization for Dimensional Fund Advisors LP

Forward-Looking Statements

Dimensional Fund Advisors LP will maintain a significant stake in Urban Outfitters Inc. for the foreseeable future. (Dimensional Fund Advisors LP) — medium confidence, target: 2025-02-09

FAQ

Who filed this SC 13G/A amendment?

Dimensional Fund Advisors LP, a Delaware Limited Partnership, filed this SC 13G/A amendment.

What is the subject company of this filing?

The subject company is Urban Outfitters Inc, identified by CIK 0000912615 and CUSIP 917047102.

How many shares of Urban Outfitters Common Stock does Dimensional Fund Advisors LP beneficially own?

Dimensional Fund Advisors LP beneficially owns 6,503,176 shares of Urban Outfitters Common Stock with sole voting power, as stated in item 5 of the filing.

What was the date of the event that triggered this filing?

The date of the event which required the filing of this statement was December 29, 2023.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' in the appropriate box on the cover page.

From the Filing

0000354204-24-003340.txt : 20240209 0000354204-24-003340.hdr.sgml : 20240209 20240209095918 ACCESSION NUMBER: 0000354204-24-003340 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: URBAN OUTFITTERS INC CENTRAL INDEX KEY: 0000912615 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 232003332 STATE OF INCORPORATION: PA FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43909 FILM NUMBER: 24612564 BUSINESS ADDRESS: STREET 1: 5000 SOUTH BROAD STREET CITY: PHILADELPHIA STATE: PA ZIP: 19112 BUSINESS PHONE: 2154545500 MAIL ADDRESS: STREET 1: 5000 SOUTH BROAD STREET CITY: PHILADELPHIA STATE: PA ZIP: 19112 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DIMENSIONAL FUND ADVISORS LP CENTRAL INDEX KEY: 0000354204 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 222370029 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING ONE CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: (512) 306-7400 MAIL ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING ONE CITY: AUSTIN STATE: TX ZIP: 78746 FORMER COMPANY: FORMER CONFORMED NAME: DIMENSIONAL FUND ADVISORS INC DATE OF NAME CHANGE: 19920929 SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 ) * Urban Outfitters Inc (Name of Issuer) Common Stock (Title of Class of Securities) 917047102 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 917047102 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Dimensional Fund Advisors LP 30-0447847 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 6,503,176 ** see Note 1 ** 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 6,600,973 ** see Note 1 ** 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,600,973 ** see Note 1 ** 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.1% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Urban Outfitters Inc (b) Address of Issuer's Principal Executive Offices 5000 South Broad Street, Philadelphia, PA 19112 Item 2. (a) Name of Person Filing Dimensional Fund Advisors LP (b) Address of Principal Business Office or, if None, Residence 6300 Bee Cave Road, Building One, Austin, TX 78746 (c) Citizenship Delaware Limited Partnership (d) Title of Class of Securities Common Stock (e) CUSIP Number 917047102 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the