Fox Run Management L.L.C. lifted its stake in shares of Under Armour, Inc. (NYSE:UAA - Free Report) by 215.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,596 shares of the company's stock after buying an additional 46,828 shares during the quarter. Fox Run Management L.L.C.'s holdings in Under Armour were worth $568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently modified their holdings of the company. MCF Advisors LLC boosted its position in Under Armour by 7.6% during the 4th quarter. MCF Advisors LLC now owns 20,187 shares of the company's stock valued at $167,000 after acquiring an additional 1,419 shares in the last quarter. Optas LLC grew its stake in Under Armour by 5.5% in the fourth quarter. Optas LLC now owns 28,519 shares of the company's stock worth $236,000 after purchasing an additional 1,484 shares during the period. 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 buying an additional 1,800 shares during the period. Amalgamated Bank boosted its stake in Under Armour by 2.4% during the fourth quarter. Amalgamated Bank now owns 87,534 shares of the company's stock worth $725,000 after acquiring an additional 2,014 shares in the last quarter. Finally, Swiss National Bank boosted its stake in 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 purchasing an additional 2,800 shares in the last quarter. Hedge funds and other institutional investors own 34.58% of the company's stock.
Under Armour Price Performance
Shares of NYSE:UAA traded down $0.05 during trading on Friday, hitting $6.31. 9,587,866 shares of the company's stock were exchanged, compared to its average volume of 11,185,328. Under Armour, Inc. has a 52-week low of $6.17 and a 52-week high of $11.89. 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 company has a market cap of $2.71 billion, a price-to-earnings ratio of -21.74 and a beta of 1.63. The business's 50-day simple moving average is $7.30 and its 200 day simple moving average is $8.29.
Under Armour (NYSE:UAA - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.08 EPS for the quarter, beating 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 in the prior year, the firm posted $0.19 earnings per share. As a group, equities analysts predict that Under Armour, Inc. will post 0.3 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on UAA. Barclays dropped their price target on Under Armour from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Monday, February 10th. Argus cut Under Armour from a "buy" rating to a "hold" rating in a research report on Thursday, January 16th. Guggenheim restated a "neutral" rating on shares of Under Armour in a research note 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. Finally, TD Cowen raised their price objective on shares of Under Armour from $10.00 to $11.00 and gave the stock a "hold" rating in a report on Friday, December 13th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $9.06.
Read Our Latest Stock Report on UAA
Under Armour Profile
(
Free Report)
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.
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