UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 83,824 Shares of Under Armour, Inc. (NYSE:UA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Under Armour, Inc. (NYSE:UA - Free Report) by 17.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 553,660 shares of the company's stock after acquiring an additional 83,824 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.13% of Under Armour worth $4,130,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fielder Capital Group LLC boosted its position in shares of Under Armour by 17.9% in 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 in the last quarter. Amalgamated Bank boosted its position in shares of Under Armour by 3.5% in 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 in the last quarter. Mariner LLC boosted its position in shares of Under Armour by 9.0% in the 4th quarter. Mariner LLC now owns 35,094 shares of the company's stock worth $262,000 after purchasing an additional 2,894 shares in the last quarter. Harbour Investments Inc. boosted its position 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 worth $26,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Under Armour by 0.3% in the 4th quarter. Bank of New York Mellon Corp now owns 938,078 shares of the company's stock worth $6,998,000 after purchasing an additional 3,207 shares in the last quarter. Hedge funds and other institutional investors own 36.35% of the company's stock.

Under Armour Stock Up 2.8%

Shares of UA traded up $0.17 during mid-day trading on Friday, reaching $6.33. The company had a trading volume of 3,687,330 shares, compared to its average volume of 3,579,486. 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 firm has a 50-day moving average price of $5.72 and a 200 day moving average price of $6.75. Under Armour, Inc. has a 52 week low of $4.62 and a 52 week high of $10.62. The company has a market capitalization of $2.70 billion, a price-to-earnings ratio of -21.83 and a beta of 1.55.

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

Insider Transactions at Under Armour

In other news, insider Mehri Shadman sold 16,287 shares of the company's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total transaction of $100,002.18. Following the transaction, the insider now directly owns 191,796 shares of the company's stock, valued at $1,177,627.44. This represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 15.60% of the company's stock.

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.