Fox Run Management L.L.C. Raises Stake in Under Armour, Inc. (NYSE:UAA)

Fox Run Management L.L.C. increased its holdings in Under Armour, Inc. (NYSE:UAA - Free Report) by 215.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 68,596 shares of the company's stock after purchasing an additional 46,828 shares during the period. Fox Run Management L.L.C.'s holdings in Under Armour were worth $568,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. FMR LLC grew its position in 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 in the last quarter. American Century Companies Inc. boosted its holdings in shares of Under Armour by 160.5% in the 4th quarter. American Century Companies Inc. now owns 4,013,671 shares of the company's stock worth $33,233,000 after purchasing an additional 2,472,813 shares during the period. Quantinno Capital Management LP boosted its holdings in shares of 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 increased its position in shares of 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 purchasing an additional 327,979 shares during the last quarter. Finally, Quantbot Technologies LP lifted its position in Under Armour by 288.1% in the third quarter. Quantbot Technologies LP now owns 423,311 shares of the company's stock worth $3,772,000 after buying an additional 314,226 shares during the last quarter. Institutional investors own 34.58% of the company's stock.

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Under Armour Stock Down 3.3 %

NYSE UAA traded down $0.22 during trading on Tuesday, hitting $6.39. The company's stock had a trading volume of 12,825,542 shares, compared to its average volume of 11,002,522. Under Armour, Inc. has a fifty-two week low of $6.17 and a fifty-two week high of $11.89. The company has a market cap of $2.75 billion, a PE ratio of -22.03 and a beta of 1.63. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.19. The business's 50 day simple moving average is $7.45 and its 200-day simple moving average is $8.34.

Under Armour (NYSE:UAA - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $0.08 EPS 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 previous year, the firm posted $0.19 earnings per share. On average, equities analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UAA has been the subject of several analyst reports. Barclays decreased their price objective on shares of Under Armour from $11.00 to $8.00 and set an "equal weight" rating for the company in a research note on Monday, February 10th. Telsey Advisory Group restated a "market perform" rating and set a $10.00 price objective on shares of Under Armour in a report on Thursday, February 6th. Argus downgraded shares of Under Armour from a "buy" rating to a "hold" rating in a research note on Thursday, January 16th. Guggenheim restated a "neutral" rating on shares of Under Armour in a report on Friday, February 7th. Finally, UBS Group lowered 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 note on Tuesday, January 28th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $9.06.

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.