Two Sigma Securities LLC lowered its stake in Under Armour, Inc. (NYSE:UAA - Free Report) by 79.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,444 shares of the company's stock after selling 113,115 shares during the quarter. Two Sigma Securities LLC's holdings in Under Armour were worth $236,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of UAA. Compagnie Lombard Odier SCmA bought a new position in shares of Under Armour in the 4th quarter worth $25,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Under Armour during the fourth quarter worth about $27,000. SBI Securities Co. Ltd. acquired a new stake in shares of Under Armour in the 4th quarter worth about $40,000. Harbour Investments Inc. lifted its position in Under Armour by 438.2% in the 4th quarter. Harbour Investments Inc. now owns 6,141 shares of the company's stock valued at $51,000 after acquiring an additional 5,000 shares in the last quarter. Finally, Versant Capital Management Inc increased its holdings in Under Armour by 63.2% during the 4th quarter. Versant Capital Management Inc now owns 10,037 shares of the company's stock worth $83,000 after purchasing an additional 3,885 shares in the last quarter. 34.58% of the stock is currently owned by institutional investors and hedge funds.
Under Armour Price Performance
Under Armour stock traded up $0.20 during mid-day trading on Friday, hitting $6.00. 8,783,416 shares of the company traded hands, compared to its average volume of 12,291,324. The stock has a fifty day moving average price of $6.17 and a 200-day moving average price of $7.81. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of -20.69 and a beta of 1.49. Under Armour, Inc. has a one year low of $4.78 and a one year high of $11.89. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01.
Under Armour (NYSE:UAA - Get Free Report) last announced its earnings results on Thursday, February 6th. 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 period last year, the firm earned $0.19 earnings per share. On average, equities analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.
Analyst Ratings Changes
UAA has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a "hold" rating on shares of Under Armour in a research report on Friday, February 7th. StockNews.com raised Under Armour from a "sell" rating to a "hold" rating in a research report on Thursday, March 20th. Guggenheim reaffirmed a "neutral" rating on shares of Under Armour in a research report on Friday, February 7th. Wells Fargo & Company reduced their price target on shares of Under Armour from $7.00 to $4.00 and set an "equal weight" rating for the company in a research report on Wednesday. Finally, Barclays lowered their price objective on shares of Under Armour from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research report on Monday, February 10th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $8.18.
View Our Latest Stock Analysis on Under Armour
About Under Armour
(
Free Report)
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.
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