Invesco Ltd. reduced its stake in Under Armour, Inc. (NYSE:UA - Free Report) by 15.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 426,218 shares of the company's stock after selling 76,170 shares during the period. Invesco Ltd. owned 0.10% of Under Armour worth $3,180,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Under Armour in the fourth quarter valued at $18,688,000. Boston Partners lifted its holdings in shares of Under Armour by 1,317.3% in the 4th quarter. Boston Partners now owns 1,722,420 shares of the company's stock valued at $12,852,000 after purchasing an additional 1,600,893 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Under Armour by 182.3% in the 4th quarter. American Century Companies Inc. now owns 2,250,631 shares of the company's stock valued at $16,790,000 after purchasing an additional 1,453,399 shares during the period. Russell Investments Group Ltd. grew its stake in Under Armour by 305.1% during the 4th quarter. Russell Investments Group Ltd. now owns 822,470 shares of the company's stock worth $6,136,000 after buying an additional 619,459 shares during the last quarter. Finally, Assenagon Asset Management S.A. acquired a new position in Under Armour during the fourth quarter worth approximately $2,983,000. Hedge funds and other institutional investors own 36.35% of the company's stock.
Under Armour Stock Performance
Shares of UA stock traded up $0.11 during trading hours on Friday, hitting $5.59. The stock had a trading volume of 772,835 shares, compared to its average volume of 3,561,390. The stock's 50 day moving average is $5.82 and its 200 day moving average is $7.18. The firm has a market capitalization of $2.40 billion, a PE ratio of -19.29 and a beta of 1.47. Under Armour, Inc. has a twelve month low of $4.62 and a twelve month high of $10.62. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.19.
Under Armour (NYSE:UA - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same quarter in the prior year, the company posted $0.25 EPS.
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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