Stifel Financial Corp raised its stake in shares of Under Armour, Inc. (NYSE:UA - Free Report) by 1,025.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 121,187 shares of the company's stock after purchasing an additional 110,423 shares during the period. Stifel Financial Corp's holdings in Under Armour were worth $904,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbour Investments Inc. increased its position in shares of Under Armour by 592.9% during the fourth quarter. Harbour Investments Inc. now owns 3,506 shares of the company's stock valued at $26,000 after acquiring an additional 3,000 shares during the last quarter. Sugar Maple Asset Management LLC bought a new stake in shares of Under Armour in the 4th quarter worth about $45,000. Kercheville Advisors LLC bought a new position in Under Armour in the fourth quarter valued at approximately $75,000. Sigma Planning Corp acquired a new position in Under Armour in the 4th quarter valued at $82,000. Finally, Sterling Capital Management LLC boosted its position in shares of Under Armour by 44.4% during the 4th quarter. Sterling Capital Management LLC now owns 11,603 shares of the company's stock valued at $87,000 after purchasing an additional 3,565 shares in the last quarter. Hedge funds and other institutional investors own 36.35% of the company's stock.
Under Armour Price Performance
UA stock traded up $0.10 during mid-day trading on Tuesday, hitting $5.99. 6,910,280 shares of the stock were exchanged, compared to its average volume of 3,609,184. 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 12 month low of $4.62 and a 12 month high of $10.62. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of -20.66 and a beta of 1.47. The business has a fifty day moving average price of $5.72 and a 200 day moving average price of $7.03.
Under Armour (NYSE:UA - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported ($0.08) EPS for the quarter, meeting analysts' consensus estimates of ($0.08). The business had revenue of $1.18 billion during the quarter, compared to analysts' expectations of $1.16 billion. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%.
Under Armour Company Profile
(
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.
Recommended Stories
Before you consider Under Armour, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Under Armour wasn't on the list.
While Under Armour currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
