Schonfeld Strategic Advisors LLC cut its holdings in shares of Under Armour, Inc. (NYSE:UA - Free Report) by 76.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,074 shares of the company's stock after selling 613,152 shares during the quarter. Schonfeld Strategic Advisors LLC's holdings in Under Armour were worth $1,403,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of UA. Harbour Investments Inc. grew its stake in Under Armour by 592.9% in the fourth quarter. Harbour Investments Inc. now owns 3,506 shares of the company's stock valued at $26,000 after purchasing an additional 3,000 shares in the last quarter. Bellwether Advisors LLC bought a new position in shares of Under Armour in the 4th quarter valued at about $29,000. Quarry LP bought a new stake in shares of Under Armour in the 4th quarter valued at about $30,000. Sugar Maple Asset Management LLC acquired a new stake in Under Armour in the 4th quarter valued at about $45,000. Finally, Kercheville Advisors LLC bought a new position in Under Armour during the fourth quarter worth about $75,000. 36.35% of the stock is currently owned by institutional investors and hedge funds.
Under Armour Stock Performance
Shares of UA traded down $0.10 during trading hours on Friday, hitting $5.59. The company had a trading volume of 4,230,256 shares, compared to its average volume of 3,575,466. The firm has a market cap of $2.40 billion, a price-to-earnings ratio of -19.28 and a beta of 1.47. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a 12 month low of $4.62 and a 12 month high of $10.62. The business has a fifty day moving average of $5.73 and a 200-day moving average of $7.05.
Under Armour (NYSE:UA - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.08 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 firm earned $0.25 earnings per share.
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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