Northern Trust Corp Has $9.15 Million Stake in Under Armour, Inc. (NYSE:UA)

Northern Trust Corp increased its position in Under Armour, Inc. (NYSE:UA - Free Report) by 23.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,226,749 shares of the company's stock after buying an additional 229,123 shares during the quarter. Northern Trust Corp owned 0.28% of Under Armour worth $9,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Harbour Investments Inc. increased its position in Under Armour by 592.9% during the 4th quarter. Harbour Investments Inc. now owns 3,506 shares of the company's stock valued at $26,000 after purchasing an additional 3,000 shares during the period. Bellwether Advisors LLC acquired a new stake in Under Armour during the 4th quarter valued at approximately $29,000. Quarry LP acquired a new stake in Under Armour during the 4th quarter valued at approximately $30,000. Sugar Maple Asset Management LLC acquired a new stake in Under Armour during the 4th quarter valued at approximately $45,000. Finally, Kercheville Advisors LLC acquired a new stake in Under Armour during the 4th quarter valued at approximately $75,000. Institutional investors and hedge funds own 36.35% of the company's stock.

Under Armour Trading Up 2.1%

NYSE:UA traded up $0.13 on Tuesday, reaching $6.33. 3,219,228 shares of the stock traded hands, compared to its average volume of 3,569,845. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of -21.83 and a beta of 1.47. The company's 50 day moving average is $5.68 and its 200-day moving average is $6.96. 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, Inc. has a 1-year low of $4.62 and a 1-year high of $10.62.

Under Armour (NYSE:UA - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported ($0.08) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.08). The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.16 billion. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%.

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.