Sherbrooke Park Advisers LLC reduced its stake in Under Armour, Inc. (NYSE:UA - Free Report) by 50.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,147 shares of the company's stock after selling 46,669 shares during the period. Sherbrooke Park Advisers LLC's holdings in Under Armour were worth $337,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Barclays PLC boosted its stake in Under Armour by 2.4% during the third quarter. Barclays PLC now owns 304,273 shares of the company's stock valued at $2,544,000 after buying an additional 7,108 shares during the period. Assenagon Asset Management S.A. bought a new stake in Under Armour during the fourth quarter valued at $2,983,000. Sugar Maple Asset Management LLC bought a new stake in Under Armour during the fourth quarter valued at $45,000. SG Americas Securities LLC boosted its stake in Under Armour by 159.8% during the fourth quarter. SG Americas Securities LLC now owns 36,490 shares of the company's stock valued at $272,000 after buying an additional 22,442 shares during the period. Finally, Summit Financial Strategies Inc. boosted its stake in Under Armour by 71.0% during the fourth quarter. Summit Financial Strategies Inc. now owns 33,195 shares of the company's stock valued at $248,000 after buying an additional 13,780 shares during the period. 36.35% of the stock is owned by institutional investors.
Under Armour Price Performance
NYSE:UA traded up $0.06 during trading hours on Friday, hitting $6.26. 4,859,345 shares of the company's stock traded hands, compared to its average volume of 3,570,331. The firm has a market cap of $2.69 billion, a P/E ratio of -21.59 and a beta of 1.47. Under Armour, Inc. has a 52 week low of $4.62 and a 52 week high of $10.62. The business's fifty day simple moving average is $5.68 and its two-hundred day simple moving average is $6.92. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30.
Under Armour (NYSE:UA - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported ($0.08) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.08). The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.16 billion. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%.
Under Armour Profile
(
Free Report)
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.
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 Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
