WINTON GROUP Ltd Sells 146,030 Shares of Under Armour, Inc. (NYSE:UAA)

WINTON GROUP Ltd cut its stake in Under Armour, Inc. (NYSE:UAA - Free Report) by 46.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 168,800 shares of the company's stock after selling 146,030 shares during the quarter. WINTON GROUP Ltd's holdings in Under Armour were worth $1,398,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new position in shares of Under Armour during the 3rd quarter valued at about $297,000. Qsemble Capital Management LP grew its stake in Under Armour by 62.2% in the 3rd quarter. Qsemble Capital Management LP now owns 22,731 shares of the company's stock valued at $203,000 after buying an additional 8,715 shares during the last quarter. FMR LLC raised its holdings in Under Armour by 144,746.6% in the 3rd quarter. FMR LLC now owns 9,659,823 shares of the company's stock worth $86,069,000 after acquiring an additional 9,653,154 shares during the period. BNP Paribas Financial Markets lifted its position in Under Armour by 48.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 613,917 shares of the company's stock worth $5,470,000 after acquiring an additional 199,348 shares during the last quarter. Finally, Townsquare Capital LLC bought a new stake in Under Armour during the third quarter valued at about $103,000. Institutional investors and hedge funds own 34.58% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. TD Cowen boosted their price objective on Under Armour from $10.00 to $11.00 and gave the stock a "hold" rating in a research report on Friday, December 13th. Argus lowered Under Armour from a "buy" rating to a "hold" rating in a report on Thursday, January 16th. Morgan Stanley reissued an "underweight" rating and issued a $4.00 price objective on shares of Under Armour in a research report on Friday, December 13th. Guggenheim reaffirmed a "neutral" rating on shares of Under Armour in a research report on Friday, February 7th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Under Armour in a report on Friday, February 7th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $9.06.

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Under Armour Price Performance

Shares of NYSE UAA traded down $0.06 during midday trading on Monday, reaching $6.25. 4,693,403 shares of the company traded hands, compared to its average volume of 11,160,856. Under Armour, Inc. has a 12 month low of $6.11 and a 12 month high of $11.89. 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's 50-day simple moving average is $7.30 and its 200-day simple moving average is $8.30. The firm has a market cap of $2.68 billion, a PE ratio of -21.53 and a beta of 1.63.

Under Armour (NYSE:UAA - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate 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 posted $0.19 earnings per share. As a group, equities analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

About Under Armour

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.