9 hours Ago By ABMN Staff
Invesco Ltd. lowered its stake in shares of Under Armour, Inc. ( NYSE:UAA – Free Report ) by 11.
5% during the fourth quarter, HoldingsChannel reports. The firm owned 533,661 shares of the company’s stock after selling 69,232 shares during the quarter. Invesco Ltd.
’s holdings in Under Armour were worth $4,419,000 as of its most recent SEC filing. Other large investors also recently made changes to their positions in the company. FMR LLC raised its position in Under Armour by 193.
2% during the fourth quarter. FMR LLC now owns 28,317,951 shares of the company’s stock worth $234,473,000 after acquiring an additional 18,658,128 shares in the last quarter. American Century Companies Inc.
increased its stake in shares of Under Armour by 160.5% during the 4th quarter. American Century Companies Inc.
now owns 4,013,671 shares of the company’s stock worth $33,233,000 after purchasing an additional 2,472,813 shares during the last quarter. Norges Bank bought a new stake in shares of Under Armour in the 4th quarter valued at about $11,151,000. ExodusPoint Capital Management LP bought a new stake in shares of Under Armour in the 4th quarter valued at about $6,060,000.
Finally, Trexquant Investment LP lifted its stake in Under Armour by 179.7% in the 4th quarter. Trexquant Investment LP now owns 612,159 shares of the company’s stock valued at $5,069,000 after purchasing an additional 393,330 shares during the last quarter.
Institutional investors and hedge funds own 34.58% of the company’s stock. Analyst Upgrades and Downgrades A number of brokerages have weighed in on UAA.
Telsey Advisory Group reissued a “market perform” rating and set a $10.00 price target on shares of Under Armour in a research report on Thursday, February 6th. KGI Securities began coverage on Under Armour in a report on Friday, March 7th.
They set a “neutral” rating and a $7.40 target price on the stock. StockNews.
com raised Under Armour from a “sell” rating to a “hold” rating in a report on Thursday, March 20th. Stifel Nicolaus decreased their price objective on shares of Under Armour from $13.00 to $11.
00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Finally, Evercore ISI cut their target price on shares of Under Armour from $8.00 to $7.
00 and set an “underperform” rating for the company in a research note on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.
com, the stock has an average rating of “Hold” and a consensus target price of $9.12. Under Armour Stock Performance UAA opened at $5.
71 on Friday. 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, Inc.
has a 52-week low of $4.78 and a 52-week high of $11.89.
The firm has a market cap of $2.45 billion, a P/E ratio of -19.69 and a beta of 1.
49. The business’s fifty day moving average is $6.30 and its 200-day moving average is $7.
91. Under Armour ( NYSE:UAA – Get Free Report ) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.
08 earnings per share (EPS) for the quarter, topping 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 quarter in the prior year, the business earned $0.19 EPS. Sell-side analysts expect that Under Armour, Inc.
will post 0.3 EPS for the current fiscal year. Under Armour Company Profile ( 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. Featured Articles Want to see what other hedge funds are holding UAA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Under Armour, Inc. ( NYSE:UAA – Free Report ). Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.
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