5 hours Ago By ABMN Staff
M&T Bank Corp acquired a new position in shares of Under Armour, Inc. ( NYSE:UAA – Free Report ) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 11,636 shares of the company’s stock, valued at approximately $104,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. FMR LLC raised its holdings in Under Armour by 144,746.6% during the third quarter.
FMR LLC now owns 9,659,823 shares of the company’s stock worth $86,069,000 after purchasing an additional 9,653,154 shares in the last quarter. Pacer Advisors Inc. grew its holdings in Under Armour by 33,725.
1% during the third quarter. Pacer Advisors Inc. now owns 9,598,890 shares of the company’s stock worth $85,526,000 after acquiring an additional 9,570,512 shares during the period.
Dimensional Fund Advisors LP raised its position in Under Armour by 12.7% in the second quarter. Dimensional Fund Advisors LP now owns 9,351,829 shares of the company’s stock worth $62,376,000 after acquiring an additional 1,051,143 shares in the last quarter.
Disciplined Growth Investors Inc. MN lifted its stake in shares of Under Armour by 1.3% in the second quarter.
Disciplined Growth Investors Inc. MN now owns 5,412,643 shares of the company’s stock valued at $36,102,000 after purchasing an additional 70,731 shares during the period. Finally, Maven Securities LTD boosted its stake in shares of Under Armour by 11.
8% during the 2nd quarter. Maven Securities LTD now owns 1,341,798 shares of the company’s stock worth $8,950,000 after acquiring an additional 141,556 shares in the last quarter. 34.
58% of the stock is currently owned by hedge funds and other institutional investors. Under Armour Stock Performance Under Armour stock opened at $8.62 on Friday.
The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.
24. The firm’s fifty day moving average price is $9.35 and its 200 day moving average price is $8.
10. The company has a market capitalization of $3.73 billion, a price-to-earnings ratio of -287.
24 and a beta of 1.69. Under Armour, Inc.
has a 12-month low of $6.17 and a 12-month high of $11.89.
Insider Transactions at Under Armour Analyst Upgrades and Downgrades A number of brokerages have recently weighed in on UAA. UBS Group raised their price target on Under Armour from $12.00 to $16.
00 and gave the company a “buy” rating in a research report on Friday, November 8th. Robert W. Baird upped their price target on shares of Under Armour from $8.
00 to $10.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Telsey Advisory Group reissued a “market perform” rating and set a $10.
00 price objective on shares of Under Armour in a research note on Friday, December 13th. TD Cowen upped their price objective on Under Armour from $10.00 to $11.
00 and gave the company a “hold” rating in a research report on Friday, December 13th. Finally, Morgan Stanley reissued an “underweight” rating and set a $4.00 price objective on shares of Under Armour in a research note on Friday, December 13th.
Three analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $9.28.
View Our Latest Research Report on Under Armour About Under Armour ( 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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