Boston Partners lifted its holdings in Under Armour, Inc. (NYSE:UA - Free Report) by 1,317.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,722,420 shares of the company's stock after purchasing an additional 1,600,893 shares during the quarter. Boston Partners owned 0.40% of Under Armour worth $12,852,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in UA. Harbour Investments Inc. boosted its stake in shares of Under Armour by 592.9% during the 4th quarter. Harbour Investments Inc. now owns 3,506 shares of the company's stock worth $26,000 after buying an additional 3,000 shares during the last quarter. Avantax Advisory Services Inc. bought a new position in Under Armour in the fourth quarter valued at approximately $110,000. Wealthfront Advisers LLC acquired a new position in shares of Under Armour during the 4th quarter worth approximately $750,000. Edgestream Partners L.P. bought a new stake in shares of Under Armour during the 4th quarter worth approximately $2,342,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Under Armour in the 4th quarter valued at approximately $1,260,000. Institutional investors and hedge funds own 36.35% of the company's stock.
Under Armour Stock Down 2.1 %
UA traded down $0.13 during trading on Tuesday, reaching $6.08. 5,063,767 shares of the stock were exchanged, compared to its average volume of 3,282,357. The stock has a market cap of $2.61 billion, a P/E ratio of -20.97 and a beta of 1.60. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. The stock's 50 day moving average price is $6.81 and its two-hundred day moving average price is $7.64. Under Armour, Inc. has a twelve month low of $5.93 and a twelve month high of $10.62.
Under Armour (NYSE:UA - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same quarter last year, the firm posted $0.25 EPS.
Under Armour Profile
(
Free Report)
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.
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