Marshall Wace LLP Acquires New Stake in Under Armour, Inc. (NYSE:UA)

Marshall Wace LLP acquired a new stake in shares of Under Armour, Inc. (NYSE:UA - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 771,775 shares of the company's stock, valued at approximately $5,757,000. Marshall Wace LLP owned about 0.18% of Under Armour as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Under Armour during the fourth quarter valued at $18,688,000. American Century Companies Inc. raised its position in shares of Under Armour by 182.3% during the 4th quarter. American Century Companies Inc. now owns 2,250,631 shares of the company's stock valued at $16,790,000 after buying an additional 1,453,399 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Under Armour by 26.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,808,152 shares of the company's stock valued at $13,489,000 after acquiring an additional 374,664 shares during the last quarter. Boston Partners lifted its holdings in shares of Under Armour by 1,317.3% in the 4th quarter. Boston Partners now owns 1,722,420 shares of the company's stock valued at $12,852,000 after acquiring an additional 1,600,893 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in Under Armour by 265.8% in the fourth quarter. Renaissance Technologies LLC now owns 1,293,200 shares of the company's stock worth $9,647,000 after acquiring an additional 939,700 shares in the last quarter. Hedge funds and other institutional investors own 36.35% of the company's stock.

Under Armour Trading Down 1.6 %

UA stock traded down $0.09 during midday trading on Friday, reaching $5.42. 3,002,556 shares of the company traded hands, compared to its average volume of 3,562,703. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of -18.69 and a beta of 1.45. Under Armour, Inc. has a 52-week low of $4.62 and a 52-week high of $10.62. The business has a 50 day moving average of $5.91 and a 200-day moving average of $7.24. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01.

Under Armour (NYSE:UA - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.08 earnings per share 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 quarter last year, the firm posted $0.25 EPS.

Under Armour 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.