Twinbeech Capital LP acquired a new position in shares of Under Armour, Inc. (NYSE:UA - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 510,028 shares of the company's stock, valued at approximately $3,805,000. Twinbeech Capital LP owned approximately 0.12% of Under Armour as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Harbour Investments Inc. grew its holdings in shares of Under Armour by 592.9% in the 4th 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 in the last quarter. Bellwether Advisors LLC bought a new stake in Under Armour in the 4th quarter valued at $29,000. Quarry LP acquired a new position in shares of Under Armour in the fourth quarter valued at $30,000. Sugar Maple Asset Management LLC acquired a new stake in Under Armour during the fourth quarter worth approximately $45,000. Finally, Kercheville Advisors LLC bought a new stake in Under Armour in the 4th quarter valued at $75,000. Institutional investors and hedge funds own 36.35% of the company's stock.
Under Armour Price Performance
Shares of UA traded up $0.06 during trading hours on Friday, hitting $6.26. 4,859,345 shares of the company were exchanged, compared to its average volume of 3,568,277. Under Armour, Inc. has a fifty-two week low of $4.62 and a fifty-two week high of $10.62. The firm's fifty day moving average is $5.68 and its 200 day moving average is $6.93. 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 company has a market cap of $2.69 billion, a price-to-earnings ratio of -21.59 and a beta of 1.47.
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 for the quarter, hitting the consensus estimate of ($0.08). The firm 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 Company Profile
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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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