168,904 Shares in Under Armour, Inc. (NYSE:UA) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in Under Armour, Inc. (NYSE:UA - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 168,904 shares of the company's stock, valued at approximately $1,260,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UA. Fielder Capital Group LLC raised its holdings in shares of Under Armour by 17.9% during the fourth 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. Amalgamated Bank lifted its stake in Under Armour by 3.5% during the fourth quarter. Amalgamated Bank now owns 62,753 shares of the company's stock worth $468,000 after purchasing an additional 2,106 shares during the last quarter. Harbour Investments Inc. raised its holdings in shares of Under Armour by 592.9% in the fourth quarter. Harbour Investments Inc. now owns 3,506 shares of the company's stock valued at $26,000 after buying an additional 3,000 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Under Armour by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 938,078 shares of the company's stock worth $6,998,000 after acquiring an additional 3,207 shares during the period. Finally, Blair William & Co. IL increased its stake in shares of Under Armour by 12.2% during the 4th quarter. Blair William & Co. IL now owns 37,272 shares of the company's stock worth $278,000 after purchasing an additional 4,050 shares in the last quarter. Hedge funds and other institutional investors own 36.35% of the company's stock.

Under Armour Trading Down 0.7 %

Shares of Under Armour stock traded down $0.04 during trading hours on Friday, reaching $5.65. The stock had a trading volume of 1,718,040 shares, compared to its average volume of 3,558,158. The firm has a 50 day simple moving average of $5.74 and a two-hundred day simple moving average of $7.07. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of -19.48 and a beta of 1.47. Under Armour, Inc. has a 1 year low of $4.62 and a 1 year high of $10.62. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30.

Under Armour (NYSE:UA - Get Free Report) last issued its 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 previous year, the business earned $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.