Twinbeech Capital LP acquired a new position in shares of Under Armour, Inc. (NYSE:UA - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 510,028 shares of the company's stock, valued at approximately $3,805,000. Twinbeech Capital LP owned 0.12% of Under Armour as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also made changes to their positions in the stock. Tidal Investments LLC boosted its stake in Under Armour by 84.6% during the fourth quarter. Tidal Investments LLC now owns 89,565 shares of the company's stock worth $668,000 after buying an additional 41,051 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Under Armour during the 4th quarter worth about $159,000. Quantinno Capital Management LP lifted its holdings in Under Armour by 30.7% during the 4th quarter. Quantinno Capital Management LP now owns 136,538 shares of the company's stock valued at $1,019,000 after purchasing an additional 32,061 shares during the last quarter. Nomura Holdings Inc. lifted its holdings in Under Armour by 48.2% during the 4th quarter. Nomura Holdings Inc. now owns 17,203 shares of the company's stock valued at $128,000 after purchasing an additional 5,592 shares during the last quarter. Finally, Nuveen Asset Management LLC boosted its position in Under Armour by 58.9% in the fourth quarter. Nuveen Asset Management LLC now owns 2,132,175 shares of the company's stock valued at $15,906,000 after buying an additional 790,518 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company's stock.
Under Armour Price Performance
Shares of NYSE UA traded up $0.06 during mid-day trading on Monday, hitting $6.26. 4,859,345 shares of the stock were exchanged, compared to its average volume of 3,570,331. Under Armour, Inc. has a twelve month low of $4.62 and a twelve month high of $10.62. The stock's fifty day simple moving average is $5.68 and its two-hundred day simple moving average is $6.90. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. The company has a market cap of $2.69 billion, a P/E ratio of -21.59 and a beta of 1.47.
Under Armour (NYSE:UA - Get Free Report) last released 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). The firm had revenue of $1.18 billion during the quarter, compared to analysts' expectations of $1.16 billion. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%.
About Under Armour
(
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.
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