Northern Trust Corp Increases Stock Position in Under Armour, Inc. (NYSE:UA)

Northern Trust Corp lifted its position in shares of Under Armour, Inc. (NYSE:UA - Free Report) by 23.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,226,749 shares of the company's stock after purchasing an additional 229,123 shares during the period. Northern Trust Corp owned about 0.28% of Under Armour worth $9,152,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Fielder Capital Group LLC lifted its position in shares of Under Armour by 17.9% during the 4th 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 position in shares of Under Armour by 3.5% during the 4th 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. Mariner LLC lifted its position in Under Armour by 9.0% in the fourth quarter. Mariner LLC now owns 35,094 shares of the company's stock valued at $262,000 after acquiring an additional 2,894 shares during the last quarter. Harbour Investments Inc. lifted its position in 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 acquiring an additional 3,000 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Under Armour by 0.3% in the fourth quarter. Bank of New York Mellon Corp now owns 938,078 shares of the company's stock valued at $6,998,000 after acquiring an additional 3,207 shares during the last quarter. 36.35% of the stock is owned by hedge funds and other institutional investors.

Under Armour Stock Performance

UA traded up $0.06 on Friday, reaching $6.26. The company had a trading volume of 4,859,345 shares, compared to its average volume of 3,568,283. Under Armour, Inc. has a 1 year low of $4.62 and a 1 year high of $10.62. The stock has a market capitalization of $2.69 billion, a PE ratio of -21.59 and a beta of 1.47. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average price of $5.68 and a 200-day moving average price of $6.93.

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

About Under Armour

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.