BDT Capital Partners LLC Has $391.03 Million Stock Position in Under Armour, Inc. (NYSE:UA)

BDT Capital Partners LLC decreased its stake in shares of Under Armour, Inc. (NYSE:UA - Free Report) by 12.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 52,416,262 shares of the company's stock after selling 7,583,738 shares during the period. Under Armour accounts for about 100.0% of BDT Capital Partners LLC's holdings, making the stock its largest position. BDT Capital Partners LLC owned about 12.12% of Under Armour worth $391,025,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of Under Armour in the fourth quarter valued at about $1,260,000. Boston Partners grew its position in Under Armour by 1,317.3% during the fourth quarter. Boston Partners now owns 1,722,420 shares of the company's stock worth $12,852,000 after buying an additional 1,600,893 shares in the last quarter. ABC Arbitrage SA bought a new position in Under Armour during the fourth quarter valued at about $819,000. Russell Investments Group Ltd. raised its holdings in Under Armour by 305.1% in the 4th quarter. Russell Investments Group Ltd. now owns 822,470 shares of the company's stock valued at $6,136,000 after acquiring an additional 619,459 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Under Armour by 26.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,808,152 shares of the company's stock worth $13,489,000 after acquiring an additional 374,664 shares during the period. 36.35% of the stock is owned by institutional investors.

Under Armour Stock Performance

Shares of UA traded down $0.07 on Friday, reaching $5.62. 2,650,197 shares of the stock traded hands, compared to its average volume of 3,561,665. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of -19.38 and a beta of 1.47. Under Armour, Inc. has a 12 month low of $4.62 and a 12 month high of $10.62. The stock's 50-day moving average price is $5.74 and its 200-day moving average price is $7.07. 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 announced its quarterly earnings data on Thursday, February 13th. 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 negative net margin of 2.39% and a positive return on equity of 11.03%. During the same period in the previous year, the business posted $0.25 earnings per share.

Under Armour Company 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.