XTX Topco Ltd Acquires New Stake in Under Armour, Inc. (NYSE:UAA)

XTX Topco Ltd acquired a new position in Under Armour, Inc. (NYSE:UAA - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 63,010 shares of the company's stock, valued at approximately $522,000.

Other institutional investors have also added to or reduced their stakes in the company. MCF Advisors LLC boosted its holdings in shares of Under Armour by 7.6% in the fourth quarter. MCF Advisors LLC now owns 20,187 shares of the company's stock valued at $167,000 after purchasing an additional 1,419 shares during the period. Optas LLC grew its stake in shares of Under Armour by 5.5% during the fourth quarter. Optas LLC now owns 28,519 shares of the company's stock worth $236,000 after acquiring an additional 1,484 shares during the last quarter. Mariner LLC lifted its position in Under Armour by 10.0% during the fourth quarter. Mariner LLC now owns 17,006 shares of the company's stock valued at $141,000 after purchasing an additional 1,552 shares during the period. Amalgamated Bank grew its holdings in Under Armour by 2.4% during the fourth quarter. Amalgamated Bank now owns 87,534 shares of the company's stock worth $725,000 after acquiring an additional 2,014 shares during the period. Finally, Swiss National Bank increased its holdings in shares of Under Armour by 0.8% during the 4th quarter. Swiss National Bank now owns 371,400 shares of the company's stock valued at $3,075,000 after purchasing an additional 2,800 shares in the last quarter. 34.58% of the stock is owned by hedge funds and other institutional investors.

Under Armour Stock Down 1.6 %

Shares of NYSE UAA traded down $0.10 during trading on Friday, hitting $5.71. The stock had a trading volume of 6,776,848 shares, compared to its average volume of 13,383,704. The firm has a fifty day moving average of $6.36 and a two-hundred day moving average of $7.95. The company has a market capitalization of $2.45 billion, a PE ratio of -19.67 and a beta of 1.49. Under Armour, Inc. has a 12 month low of $4.78 and a 12 month high of $11.89. 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:UAA - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.08 EPS for the quarter, beating 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 in the prior year, the business posted $0.19 earnings per share. As a group, equities research analysts forecast that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UAA has been the topic of several research analyst reports. Stifel Nicolaus dropped their target price on shares of Under Armour from $13.00 to $11.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Evercore ISI decreased their target price on shares of Under Armour from $8.00 to $7.00 and set an "underperform" rating on the stock in a research note on Monday, February 10th. UBS Group cut their price objective on shares of Under Armour from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Tuesday, January 28th. Telsey Advisory Group reiterated a "market perform" rating and set a $10.00 price target on shares of Under Armour in a report on Thursday, February 6th. Finally, StockNews.com upgraded shares of Under Armour from a "sell" rating to a "hold" rating in a research report on Thursday, March 20th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $9.12.

Under Armour Company Profile

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.