Edgestream Partners L.P. Takes Position in Under Armour, Inc. (NYSE:UA)

Edgestream Partners L.P. purchased a new position in Under Armour, Inc. (NYSE:UA - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 313,908 shares of the company's stock, valued at approximately $2,342,000. Edgestream Partners L.P. owned about 0.07% of Under Armour as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BDT Capital Partners LLC lifted its position in Under Armour by 0.3% in the 3rd quarter. BDT Capital Partners LLC now owns 60,000,000 shares of the company's stock valued at $501,600,000 after acquiring an additional 161,901 shares in the last quarter. ABC Arbitrage SA bought a new position in Under Armour in the 4th quarter valued at approximately $819,000. BNP Paribas Financial Markets lifted its position in Under Armour by 781.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 125,230 shares of the company's stock valued at $1,047,000 after acquiring an additional 111,027 shares in the last quarter. XTX Topco Ltd lifted its position in Under Armour by 307.5% in the 3rd quarter. XTX Topco Ltd now owns 108,788 shares of the company's stock valued at $909,000 after acquiring an additional 82,089 shares in the last quarter. Finally, Assenagon Asset Management S.A. bought a new position in Under Armour in the 4th quarter valued at approximately $2,983,000. Hedge funds and other institutional investors own 36.35% of the company's stock.

Under Armour Stock Down 3.5 %

UA stock traded down $0.24 during midday trading on Wednesday, hitting $6.42. The company's stock had a trading volume of 269,095 shares, compared to its average volume of 3,526,059. The company has a market cap of $2.76 billion, a PE ratio of -21.98 and a beta of 1.60. Under Armour, Inc. has a 12 month low of $6.02 and a 12 month high of $10.62. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. The firm's 50-day moving average is $7.02 and its 200-day moving average is $7.73.

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Under Armour (NYSE:UA - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same quarter in the previous year, the business posted $0.25 EPS.

About Under Armour

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.