Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 44,400 Shares of Under Armour, Inc. (NYSE:UAA)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its holdings in Under Armour, Inc. (NYSE:UAA - Free Report) by 67.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,702 shares of the company's stock after selling 44,400 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in Under Armour were worth $180,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. FMR LLC grew its stake in shares of Under Armour by 144,746.6% in the third quarter. FMR LLC now owns 9,659,823 shares of the company's stock worth $86,069,000 after acquiring an additional 9,653,154 shares during the period. Quantinno Capital Management LP grew its position in Under Armour by 195.8% in the 3rd quarter. Quantinno Capital Management LP now owns 903,257 shares of the company's stock worth $8,048,000 after purchasing an additional 597,943 shares during the period. Disciplined Growth Investors Inc. MN raised its stake in Under Armour by 6.1% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 5,740,622 shares of the company's stock valued at $51,149,000 after buying an additional 327,979 shares during the last quarter. Verition Fund Management LLC lifted its holdings in shares of Under Armour by 27.2% during the 3rd quarter. Verition Fund Management LLC now owns 1,258,342 shares of the company's stock valued at $11,212,000 after buying an additional 269,281 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in shares of Under Armour by 48.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 613,917 shares of the company's stock worth $5,470,000 after buying an additional 199,348 shares during the last quarter. Hedge funds and other institutional investors own 34.58% of the company's stock.

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Analyst Upgrades and Downgrades

UAA has been the subject of a number of research reports. Needham & Company LLC reiterated a "hold" rating on shares of Under Armour in a research report on Friday, February 7th. Telsey Advisory Group reiterated a "market perform" rating and issued a $10.00 price objective on shares of Under Armour in a research note on Thursday, February 6th. TD Cowen boosted their target price on shares of Under Armour from $10.00 to $11.00 and gave the company a "hold" rating in a research report on Friday, December 13th. Morgan Stanley reiterated an "underweight" rating and issued a $4.00 price target on shares of Under Armour in a research report on Friday, December 13th. Finally, UBS Group cut their price objective on shares of Under Armour from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Tuesday, January 28th. Three 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 data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $9.06.

Under Armour Price Performance

Under Armour stock traded down $0.05 during midday trading on Friday, reaching $6.31. 9,587,866 shares of the stock traded hands, compared to its average volume of 11,185,328. The stock has a market cap of $2.71 billion, a P/E ratio of -21.74 and a beta of 1.63. The stock's fifty day moving average is $7.30 and its 200-day moving average is $8.30. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a 12 month low of $6.17 and a 12 month high of $11.89.

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, beating 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 last year, the firm earned $0.19 earnings per share. As a group, equities research analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current year.

Under Armour 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.