Under Armour, Inc. (NYSE:UA) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lessened its stake in Under Armour, Inc. (NYSE:UA - Free Report) by 7.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,714,708 shares of the company's stock after selling 212,740 shares during the period. Geode Capital Management LLC owned about 0.63% of Under Armour worth $20,255,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in UA. Harbour Investments Inc. grew its position in shares of Under Armour by 592.9% in the fourth quarter. Harbour Investments Inc. now owns 3,506 shares of the company's stock valued at $26,000 after purchasing an additional 3,000 shares during the period. Sugar Maple Asset Management LLC purchased a new position in Under Armour in the fourth quarter worth approximately $45,000. Kercheville Advisors LLC purchased a new stake in Under Armour in the fourth quarter valued at $75,000. Sigma Planning Corp purchased a new position in shares of Under Armour during the 4th quarter worth $82,000. Finally, Fielder Capital Group LLC raised its holdings in Under Armour by 17.9% in the 4th quarter. Fielder Capital Group LLC now owns 12,489 shares of the company's stock valued at $93,000 after buying an additional 1,898 shares during the period. 36.35% of the stock is owned by hedge funds and other institutional investors.

Under Armour Stock Down 0.6 %

Shares of UA stock traded down $0.04 during trading hours on Wednesday, reaching $5.49. 1,585,289 shares of the stock were exchanged, compared to its average volume of 3,536,601. Under Armour, Inc. has a 12-month low of $4.62 and a 12-month high of $10.62. The business's fifty day moving average is $5.98 and its two-hundred day moving average is $7.29. 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 firm has a market capitalization of $2.36 billion, a P/E ratio of -18.91 and a beta of 1.45.

Under Armour (NYSE:UA - Get Free Report) last issued its earnings results 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 positive return on equity of 11.03% and a negative net margin of 2.39%. During the same quarter last year, the firm posted $0.25 EPS.

Under Armour Company Profile

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.