111 Capital acquired a new stake in Under Armour, Inc. (NYSE:UAA - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 49,734 shares of the company's stock, valued at approximately $412,000.
Other large investors have also added to or reduced their stakes in the company. FMR LLC raised its holdings in Under Armour by 193.2% during the 4th quarter. FMR LLC now owns 28,317,951 shares of the company's stock worth $234,473,000 after purchasing an additional 18,658,128 shares during the last quarter. Vanguard Group Inc. raised its stake in Under Armour by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 15,548,461 shares of the company's stock valued at $128,741,000 after acquiring an additional 263,988 shares during the period. Alyeska Investment Group L.P. boosted its position in shares of Under Armour by 55.7% during the 4th quarter. Alyeska Investment Group L.P. now owns 9,789,553 shares of the company's stock valued at $81,057,000 after acquiring an additional 3,503,006 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in shares of Under Armour by 10.7% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,528,935 shares of the company's stock worth $45,780,000 after purchasing an additional 533,417 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Under Armour by 13.7% in the fourth quarter. Renaissance Technologies LLC now owns 4,837,800 shares of the company's stock worth $40,057,000 after buying an additional 581,800 shares in the last quarter. Institutional investors own 34.58% of the company's stock.
Under Armour Trading Up 0.8%
Under Armour stock traded up $0.05 during mid-day trading on Tuesday, hitting $6.56. The company's stock had a trading volume of 4,100,627 shares, compared to its average volume of 12,654,070. The company has a 50 day moving average of $6.01 and a 200-day moving average of $7.39. The stock has a market cap of $2.82 billion, a PE ratio of -22.62 and a beta of 1.54. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. Under Armour, Inc. has a one year low of $4.78 and a one year high of $11.89.
Under Armour (NYSE:UAA - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.09) by $0.01. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.16 billion. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. The business's revenue was down 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.11 EPS. On average, research analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current year.
Analyst Ratings Changes
UAA has been the subject of a number of analyst reports. Truist Financial dropped their price objective on Under Armour from $9.00 to $7.00 and set a "hold" rating for the company in a research note on Wednesday, May 14th. KGI Securities initiated coverage on Under Armour in a research note on Friday, March 7th. They set a "neutral" rating and a $7.40 price objective for the company. UBS Group increased their price objective on Under Armour from $7.00 to $8.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Wells Fargo & Company increased their price objective on Under Armour from $4.00 to $5.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 14th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Under Armour in a research note on Wednesday, May 14th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $7.33.
Check Out Our Latest Stock Analysis on Under Armour
About Under Armour
(
Free Report)
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.
See Also
Before you consider Under Armour, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Under Armour wasn't on the list.
While Under Armour currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
