Victory Capital Management Inc. reduced its position in Under Armour, Inc. (NYSE:UA - Free Report) by 9.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,484,711 shares of the company's stock after selling 574,360 shares during the quarter. Victory Capital Management Inc. owned about 1.27% of Under Armour worth $45,852,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in UA. Los Angeles Capital Management LLC acquired a new position in shares of Under Armour during the third quarter valued at about $369,000. SFG Wealth Management LLC. grew its holdings in shares of Under Armour by 20.8% during the third quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company's stock valued at $194,000 after buying an additional 4,000 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of Under Armour by 51.9% in the 3rd quarter. Handelsbanken Fonder AB now owns 60,300 shares of the company's stock valued at $504,000 after acquiring an additional 20,600 shares during the period. Peoples Bank KS acquired a new position in shares of Under Armour in the 3rd quarter valued at $59,000. Finally, Gateway Wealth Partners LLC purchased a new position in shares of Under Armour in the second quarter worth about $124,000. 36.35% of the stock is owned by institutional investors and hedge funds.
Under Armour Stock Performance
Shares of UA stock traded up $0.06 during trading hours on Friday, hitting $8.97. The company's stock had a trading volume of 4,430,383 shares, compared to its average volume of 3,292,864. Under Armour, Inc. has a 12-month low of $6.02 and a 12-month high of $10.62. The company has a current ratio of 2.18, a quick ratio of 1.24 and a debt-to-equity ratio of 0.30. The stock has a market cap of $3.88 billion, a PE ratio of -224.25 and a beta of 1.64. The company has a 50 day moving average of $8.04 and a 200 day moving average of $7.29.
Under Armour 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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