1 week Ago By Defense World Staff
Invesco Ltd. lowered its stake in Under Armour, Inc. (NYSE:UAA – Free Report) by 11.
5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 533,661 shares of the company’s stock after selling 69,232 shares during the period. Invesco Ltd.
owned 0.12% of Under Armour worth $4,419,000 at the end of the most recent quarter. Other institutional investors have also recently bought and sold shares of the company.
Compagnie Lombard Odier SCmA acquired a new stake in shares of Under Armour in the 4th quarter valued at $25,000. Mirae Asset Global Investments Co. Ltd.
acquired a new stake in Under Armour in the fourth quarter worth about $27,000. SBI Securities Co. Ltd.
bought a new stake in Under Armour during the 4th quarter worth about $40,000. Harbour Investments Inc. lifted its position in Under Armour by 438.
2% during the 4th quarter. Harbour Investments Inc. now owns 6,141 shares of the company’s stock valued at $51,000 after purchasing an additional 5,000 shares during the period.
Finally, Versant Capital Management Inc grew its position in shares of Under Armour by 63.2% during the 4th quarter. Versant Capital Management Inc now owns 10,037 shares of the company’s stock worth $83,000 after buying an additional 3,885 shares during the period.
Institutional investors own 34.58% of the company’s stock. Under Armour Stock PerformanceUAA opened at $5.
71 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.
01 and a quick ratio of 1.19. The company has a market capitalization of $2.
45 billion, a price-to-earnings ratio of -19.69 and a beta of 1.49.
The business’s 50-day moving average price is $6.30 and its two-hundred day moving average price is $7.91.
Under Armour, Inc. has a 1 year low of $4.78 and a 1 year high of $11.
89. Under Armour (NYSE:UAA – Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.
08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 period last year, the firm posted $0.19 EPS. Equities analysts expect that Under Armour, Inc.
will post 0.3 EPS for the current fiscal year. Wall Street Analysts Forecast GrowthUAA has been the topic of several analyst reports.
Telsey Advisory Group restated a “market perform” rating and issued a $10.00 price objective on shares of Under Armour in a report on Thursday, February 6th. StockNews.
com raised Under Armour from a “sell” rating to a “hold” rating in a research note on Thursday, March 20th. Barclays reduced their price target on Under Armour from $11.00 to $8.
00 and set an “equal weight” rating on the stock in a research report on Monday, February 10th. Argus downgraded Under Armour from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Finally, Guggenheim restated a “neutral” rating on shares of Under Armour in a report on Friday, February 7th.
Three 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $9.12.
Read Our Latest Research Report on UAAAbout 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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