Russell Investments Group Ltd. lifted its position in shares of Under Armour, Inc. (NYSE:UA - Free Report) by 305.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 822,470 shares of the company's stock after purchasing an additional 619,459 shares during the quarter. Russell Investments Group Ltd. owned 0.19% of Under Armour worth $6,136,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Norges Bank purchased a new position in shares of Under Armour during the 4th quarter worth approximately $18,688,000. American Century Companies Inc. increased its position in Under Armour by 182.3% during the fourth quarter. American Century Companies Inc. now owns 2,250,631 shares of the company's stock worth $16,790,000 after buying an additional 1,453,399 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Under Armour by 26.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,808,152 shares of the company's stock worth $13,489,000 after buying an additional 374,664 shares during the last quarter. Boston Partners increased its stake in 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 buying an additional 1,600,893 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Under Armour by 0.3% during the 4th quarter. Bank of New York Mellon Corp now owns 938,078 shares of the company's stock worth $6,998,000 after buying an additional 3,207 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company's stock.
Under Armour Price Performance
UA stock traded down $0.05 during midday trading on Wednesday, hitting $5.30. 3,679,063 shares of the stock were exchanged, compared to its average volume of 3,532,689. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of -18.28 and a beta of 1.45. The stock's 50-day moving average price is $6.11 and its 200-day moving average price is $7.39. Under Armour, Inc. has a fifty-two week low of $4.62 and a fifty-two week high of $10.62.
Under Armour (NYSE:UA - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates 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 company earned $0.25 EPS.
Under Armour Company Profile
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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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