Capula Management Ltd Sells 83,518 Shares of Under Armour, Inc. (NYSE:UAA)

Capula Management Ltd trimmed its holdings in Under Armour, Inc. (NYSE:UAA - Free Report) by 75.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,727 shares of the company's stock after selling 83,518 shares during the quarter. Capula Management Ltd's holdings in Under Armour were worth $221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of UAA. MCF Advisors LLC grew its holdings in shares of Under Armour by 7.6% during the fourth quarter. MCF Advisors LLC now owns 20,187 shares of the company's stock valued at $167,000 after buying an additional 1,419 shares during the last quarter. Optas LLC raised its holdings in shares of Under Armour by 5.5% during the fourth quarter. Optas LLC now owns 28,519 shares of the company's stock valued at $236,000 after purchasing an additional 1,484 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in Under Armour by 163.6% during the third quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company's stock valued at $26,000 after purchasing an additional 1,800 shares during the period. Amalgamated Bank raised its stake in Under Armour by 2.4% during the 4th quarter. Amalgamated Bank now owns 87,534 shares of the company's stock valued at $725,000 after buying an additional 2,014 shares during the last quarter. Finally, Swiss National Bank boosted its stake in shares of Under Armour by 0.8% in the 4th quarter. Swiss National Bank now owns 371,400 shares of the company's stock worth $3,075,000 after buying an additional 2,800 shares during the last quarter. 34.58% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several brokerages have issued reports on UAA. Evercore ISI dropped their target price on Under Armour from $8.00 to $7.00 and set an "underperform" rating on the stock in a research report on Monday, February 10th. Telsey Advisory Group reiterated a "market perform" rating and issued a $10.00 price target on shares of Under Armour in a research report on Thursday, February 6th. StockNews.com upgraded shares of Under Armour from a "sell" rating to a "hold" rating in a research note on Thursday, March 20th. UBS Group decreased their target price on Under Armour from $16.00 to $15.00 and set a "buy" rating on the stock in a report on Tuesday, January 28th. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Under Armour in a research note on Friday, February 7th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Under Armour currently has an average rating of "Hold" and an average price target of $9.12.

Under Armour Price Performance

Shares of UAA traded up $0.22 during mid-day trading on Monday, hitting $5.41. 7,475,862 shares of the stock were exchanged, compared to its average volume of 13,398,236. 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 company has a market cap of $2.33 billion, a PE ratio of -18.66 and a beta of 1.49. Under Armour, Inc. has a 52-week low of $4.78 and a 52-week high of $11.89. The firm has a 50-day moving average of $6.63 and a two-hundred day moving average of $8.11.

Under Armour (NYSE:UAA - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates 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 period in the prior year, the firm posted $0.19 EPS. On average, equities analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.