Under Armour, Inc. (NYSE:UAA) Shares Sold by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P lowered its stake in Under Armour, Inc. (NYSE:UAA - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,922,220 shares of the company's stock after selling 180,748 shares during the period. Loomis Sayles & Co. L P owned approximately 0.91% of Under Armour worth $32,476,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. purchased a new position in shares of Under Armour in the 3rd quarter worth approximately $297,000. Qsemble Capital Management LP increased its position in Under Armour by 62.2% during the third quarter. Qsemble Capital Management LP now owns 22,731 shares of the company's stock valued at $203,000 after acquiring an additional 8,715 shares during the last quarter. FMR LLC raised 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 valued at $86,069,000 after acquiring an additional 9,653,154 shares during the period. BNP Paribas Financial Markets lifted its holdings 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 acquiring an additional 199,348 shares during the last quarter. Finally, Townsquare Capital LLC purchased a new position in shares of Under Armour during the 3rd quarter worth about $103,000. 34.58% of the stock is owned by institutional investors.

Under Armour Stock Down 0.4 %

NYSE UAA traded down $0.03 during midday trading on Monday, hitting $6.28. 5,093,085 shares of the company traded hands, compared to its average volume of 11,741,458. The company has a market cap of $2.70 billion, a PE ratio of -21.64 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. Under Armour, Inc. has a 52 week low of $6.10 and a 52 week high of $11.89. The company's 50-day simple moving average is $7.30 and its 200-day simple moving average is $8.30.

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Under Armour (NYSE:UAA - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating 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 period last year, the firm earned $0.19 EPS. As a group, equities research analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. StockNews.com raised shares of Under Armour from a "sell" rating to a "hold" rating in a research report on Thursday, March 20th. Evercore ISI reduced their price target on Under Armour from $8.00 to $7.00 and set an "underperform" rating on the stock in a report on Monday, February 10th. TD Cowen boosted their price objective on Under Armour from $10.00 to $11.00 and gave the company a "hold" rating in a report on Friday, December 13th. KGI Securities assumed coverage on Under Armour in a research note on Friday, March 7th. They issued a "neutral" rating and a $7.40 target price on the stock. Finally, Telsey Advisory Group reissued a "market perform" rating and set a $10.00 target price on shares of Under Armour in a research note on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Under Armour presently has an average 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.