Raymond James Financial Inc. acquired a new stake in 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 168,904 shares of the company's stock, valued at approximately $1,260,000.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. FMR LLC raised its position in Under Armour by 841.6% in the third quarter. FMR LLC now owns 189,275 shares of the company's stock valued at $1,582,000 after purchasing an additional 169,174 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Under Armour by 781.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 125,230 shares of the company's stock valued at $1,047,000 after buying an additional 111,027 shares during the last quarter. Verition Fund Management LLC bought a new position in Under Armour in the 3rd quarter valued at approximately $2,594,000. Quantinno Capital Management LP boosted its position in Under Armour by 45.2% during the 3rd quarter. Quantinno Capital Management LP now owns 104,477 shares of the company's stock worth $873,000 after buying an additional 32,503 shares during the period. Finally, Weiss Asset Management LP bought a new stake in Under Armour during the 3rd quarter worth approximately $3,628,000. Institutional investors and hedge funds own 36.35% of the company's stock.
Under Armour Trading Down 1.2 %
Shares of UA stock traded down $0.06 during trading hours on Friday, hitting $5.09. 10,739,429 shares of the company's stock traded hands, compared to its average volume of 3,450,450. The stock has a market cap of $2.19 billion, a PE ratio of -17.55 and a beta of 1.60. The stock's 50 day simple moving average is $6.53 and its 200 day simple moving average is $7.56. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a 12 month low of $4.63 and a 12 month high of $10.62.
Under Armour (NYSE:UA - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) 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 company posted $0.25 earnings per share.
About Under Armour
(
Free Report)
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.
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