Fuller & Thaler Asset Management Inc. raised its stake in Under Armour, Inc. (NYSE:UAA - Free Report) by 10.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,528,935 shares of the company's stock after buying an additional 533,417 shares during the period. Fuller & Thaler Asset Management Inc. owned about 1.28% of Under Armour worth $45,780,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC boosted its position in Under Armour by 193.2% during the 4th quarter. FMR LLC now owns 28,317,951 shares of the company's stock valued at $234,473,000 after buying an additional 18,658,128 shares during the period. Vanguard Group Inc. grew its stake in shares of Under Armour by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 15,548,461 shares of the company's stock worth $128,741,000 after buying an additional 263,988 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Under Armour by 13.7% in the 4th quarter. Renaissance Technologies LLC now owns 4,837,800 shares of the company's stock worth $40,057,000 after buying an additional 581,800 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Under Armour by 1.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,815,640 shares of the company's stock worth $39,873,000 after buying an additional 84,802 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Under Armour by 160.5% in the 4th quarter. American Century Companies Inc. now owns 4,013,671 shares of the company's stock worth $33,233,000 after buying an additional 2,472,813 shares during the last quarter. Institutional investors own 34.58% of the company's stock.
Analysts Set New Price Targets
Several analysts have commented on UAA shares. Telsey Advisory Group reiterated a "market perform" rating and set a $10.00 target price on shares of Under Armour in a research note on Thursday, February 6th. UBS Group dropped their price target on 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 dropped their price target on Under Armour from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Monday, February 10th. Needham & Company LLC restated a "hold" rating on shares of Under Armour in a research note on Friday, February 7th. Finally, Stifel Nicolaus decreased their target price on Under Armour from $13.00 to $11.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Three equities 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's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $9.06.
Read Our Latest Research Report on UAA
Under Armour Stock Performance
Shares of NYSE:UAA traded up $0.02 during midday trading on Tuesday, reaching $5.81. The company's stock had a trading volume of 7,291,990 shares, compared to its average volume of 12,157,739. The firm has a market capitalization of $2.50 billion, a PE ratio of -20.02 and a beta of 1.49. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. The stock has a fifty day moving average of $6.28 and a 200 day moving average of $7.89. Under Armour, Inc. has a twelve month low of $4.78 and a twelve month high of $11.89.
Under Armour (NYSE:UAA - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.08 EPS for the quarter, topping the consensus estimate 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 quarter in the previous year, the business earned $0.19 earnings per share. On average, equities analysts expect that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.
Under Armour Profile
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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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