Under Armour, Inc. (NYSE:UA) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its holdings in Under Armour, Inc. (NYSE:UA - Free Report) by 14.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,716,868 shares of the company's stock after selling 767,843 shares during the period. Victory Capital Management Inc. owned about 1.09% of Under Armour worth $35,188,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Sugar Maple Asset Management LLC acquired a new position in shares of Under Armour in the 4th quarter valued at approximately $45,000. Kercheville Advisors LLC acquired a new stake in Under Armour in the fourth quarter valued at $75,000. Sigma Planning Corp acquired a new position in Under Armour during the 4th quarter worth $82,000. Fielder Capital Group LLC increased its position in shares of Under Armour by 17.9% in the 4th quarter. Fielder Capital Group LLC now owns 12,489 shares of the company's stock worth $93,000 after purchasing an additional 1,898 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Under Armour in the 4th quarter valued at about $149,000. Institutional investors and hedge funds own 36.35% of the company's stock.

Under Armour Stock Down 1.6 %

Shares of UA stock traded down $0.11 during trading hours on Thursday, hitting $6.40. 2,666,469 shares of the company were exchanged, compared to its average volume of 3,572,053. 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 capitalization of $2.75 billion, a price-to-earnings ratio of -22.05 and a beta of 1.60. Under Armour, Inc. has a one year low of $6.02 and a one year high of $10.62. The business's 50-day simple moving average is $7.00 and its two-hundred day simple moving average is $7.72.

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

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.