XTX Topco Ltd Takes $522,000 Position in Under Armour, Inc. (NYSE:UAA)

XTX Topco Ltd purchased a new stake in shares of Under Armour, Inc. (NYSE:UAA - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 63,010 shares of the company's stock, valued at approximately $522,000.

Other large investors have also recently made changes to their positions in the company. Compagnie Lombard Odier SCmA bought a new position in shares of Under Armour during the 4th quarter valued at $25,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Under Armour during the fourth quarter valued at about $27,000. SBI Securities Co. Ltd. purchased a new stake in Under Armour during the fourth quarter valued at about $40,000. Harbour Investments Inc. grew its stake in shares of Under Armour by 438.2% during the fourth quarter. Harbour Investments Inc. now owns 6,141 shares of the company's stock valued at $51,000 after buying an additional 5,000 shares during the last quarter. Finally, Versant Capital Management Inc increased its holdings in shares of Under Armour by 63.2% in the fourth quarter. Versant Capital Management Inc now owns 10,037 shares of the company's stock worth $83,000 after buying an additional 3,885 shares during the period. 34.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

UAA has been the topic of several recent research reports. Stifel Nicolaus reduced their price target on Under Armour from $13.00 to $11.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. StockNews.com raised shares of Under Armour from a "sell" rating to a "hold" rating in a research note on Thursday, March 20th. Telsey Advisory Group reiterated a "market perform" rating and set a $10.00 price target on shares of Under Armour in a report on Thursday, February 6th. Argus lowered shares of Under Armour from a "buy" rating to a "hold" rating in a report on Thursday, January 16th. Finally, KGI Securities started coverage on shares of Under Armour in a research note on Friday, March 7th. They set a "neutral" rating and a $7.40 price objective for the company. 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 company presently has an average rating of "Hold" and a consensus price target of $9.12.

Under Armour Stock Down 1.0 %

Shares of UAA traded down $0.06 during mid-day trading on Wednesday, reaching $5.80. The company had a trading volume of 10,674,712 shares, compared to its average volume of 12,032,575. 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 firm has a 50-day moving average price of $6.39 and a 200 day moving average price of $7.96. Under Armour, Inc. has a 52 week low of $4.78 and a 52 week high of $11.89. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of -20.00 and a beta of 1.49.

Under Armour (NYSE:UAA - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. 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 period last year, the firm posted $0.19 earnings per share. On average, sell-side analysts forecast that Under Armour, Inc. will post 0.3 EPS for the current year.

Under Armour Company Profile

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.