Prudential Financial Inc. Has $129,000 Stake in Under Armour, Inc. (NYSE:UAA)

Prudential Financial Inc. decreased its position in shares of Under Armour, Inc. (NYSE:UAA - Free Report) by 79.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,538 shares of the company's stock after selling 61,296 shares during the quarter. Prudential Financial Inc.'s holdings in Under Armour were worth $129,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of UAA. Stifel Financial Corp increased its stake in shares of Under Armour by 85.6% in the 3rd quarter. Stifel Financial Corp now owns 66,671 shares of the company's stock valued at $594,000 after purchasing an additional 30,755 shares during the last quarter. National Bank of Canada FI boosted its stake in Under Armour by 9.4% in the third quarter. National Bank of Canada FI now owns 37,703 shares of the company's stock valued at $336,000 after buying an additional 3,232 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in Under Armour by 15.3% in the third quarter. Orion Portfolio Solutions LLC now owns 59,237 shares of the company's stock valued at $528,000 after acquiring an additional 7,839 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in Under Armour by 163.6% during the third quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company's stock worth $26,000 after acquiring an additional 1,800 shares in the last quarter. Finally, M&T Bank Corp bought a new position in shares of Under Armour in the third quarter worth about $104,000. 34.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on UAA. Guggenheim reaffirmed a "neutral" rating on shares of Under Armour in a report on Friday, February 7th. UBS Group decreased their target price on shares of Under Armour from $16.00 to $15.00 and set a "buy" rating on the stock in a research note on Tuesday, January 28th. Barclays lowered their price target on shares of Under Armour from $11.00 to $8.00 and set an "equal weight" rating for the company in a report on Monday, February 10th. Evercore ISI cut their price objective on Under Armour from $8.00 to $7.00 and set an "underperform" rating on the stock in a report on Monday, February 10th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Under Armour in a report on Friday, February 7th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $9.12.

Under Armour Trading Up 2.2 %

NYSE UAA traded up $0.13 during mid-day trading on Thursday, reaching $5.69. 2,988,942 shares of the stock were exchanged, compared to its average volume of 11,870,199. The stock has a market cap of $2.44 billion, a P/E ratio of -19.50 and a beta of 1.49. 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, Inc. has a one year low of $4.78 and a one year high of $11.89. The stock has a 50 day simple moving average of $6.50 and a 200-day simple moving average of $8.05.

Under Armour (NYSE:UAA - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same period in the prior year, the business posted $0.19 EPS. On average, analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current year.

Under Armour Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.