2 weeks Ago By ABMN Staff
Bank of Montreal Can trimmed its stake in Under Armour, Inc. ( NYSE:UAA – Free Report ) by 74.7% in the 4th quarter, HoldingsChannel reports.
The firm owned 36,036 shares of the company’s stock after selling 106,236 shares during the period. Bank of Montreal Can’s holdings in Under Armour were worth $298,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other institutional investors also recently bought and sold shares of UAA.
Compagnie Lombard Odier SCmA purchased a new position in shares of Under Armour during the 4th quarter valued at about $25,000. Mirae Asset Global Investments Co. Ltd.
bought a new stake in Under Armour in the fourth quarter worth $27,000. SBI Securities Co. Ltd.
purchased a new position in shares of Under Armour during the fourth quarter valued at approximately $40,000. Harbour Investments Inc. increased its stake in Under Armour by 438.
2% in the 4th quarter. Harbour Investments Inc. now owns 6,141 shares of the company’s stock worth $51,000 after buying an additional 5,000 shares during the period.
Finally, Versant Capital Management Inc raised its position in Under Armour by 63.2% during the 4th quarter. Versant Capital Management Inc now owns 10,037 shares of the company’s stock valued at $83,000 after purchasing an additional 3,885 shares in the last quarter.
34.58% of the stock is owned by institutional investors. Under Armour Price Performance Shares of UAA stock opened at $5.
80 on Thursday. The firm has a market cap of $2.49 billion, a P/E ratio of -20.
00 and a beta of 1.49. Under Armour, Inc.
has a 1-year low of $4.78 and a 1-year high of $11.89.
The firm has a fifty day moving average of $6.39 and a two-hundred day moving average of $7.96.
The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.
19. Wall Street Analysts Forecast Growth Several analysts have recently commented on the company. Barclays decreased their price objective on Under Armour from $11.
00 to $8.00 and set an “equal weight” rating for the company in a report on Monday, February 10th. Guggenheim restated a “neutral” rating on shares of Under Armour in a research report on Friday, February 7th.
StockNews.com raised shares of Under Armour from a “sell” rating to a “hold” rating in a research note on Thursday, March 20th. KGI Securities initiated coverage on shares of Under Armour in a report on Friday, March 7th.
They set a “neutral” rating and a $7.40 target price for the company. Finally, 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. Three research 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $9.
12. Get Our Latest Stock Analysis on Under Armour Under Armour 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.
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