Under Armour, Inc. (UA) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lowered its holdings in Under Armour, Inc. (NYSE:UA) by 52.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,314 shares of the company’s stock after selling 127,577 shares during the period. Voya Investment Management LLC’s holdings in Under Armour were worth $2,325,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UA. United Capital Financial Advisers LLC lifted its holdings in shares of Under Armour by 44.1% in the first quarter. United Capital Financial Advisers LLC now owns 52,298 shares of the company’s stock valued at $1,034,000 after purchasing an additional 16,017 shares in the last quarter. Two Sigma Securities LLC lifted its holdings in shares of Under Armour by 60.6% in the first quarter. Two Sigma Securities LLC now owns 13,569 shares of the company’s stock valued at $268,000 after purchasing an additional 5,119 shares in the last quarter. Paloma Partners Management Co lifted its holdings in shares of Under Armour by 100.1% in the first quarter. Paloma Partners Management Co now owns 59,524 shares of the company’s stock valued at $1,178,000 after purchasing an additional 29,772 shares in the last quarter. Tudor Investment Corp ET AL lifted its holdings in shares of Under Armour by 160.4% in the first quarter. Tudor Investment Corp ET AL now owns 94,707 shares of the company’s stock valued at $1,873,000 after purchasing an additional 58,341 shares in the last quarter. Finally, Grandeur Peak Global Advisors LLC lifted its holdings in shares of Under Armour by 2.8% in the first quarter. Grandeur Peak Global Advisors LLC now owns 47,250 shares of the company’s stock valued at $935,000 after purchasing an additional 1,300 shares in the last quarter. Institutional investors own 30.25% of the company’s stock.

Under Armour, Inc. (NYSE:UA) opened at 14.98 on Tuesday. The firm has a market capitalization of $6.61 billion, a P/E ratio of 30.32 and a beta of 1.15. Under Armour, Inc. has a 1-year low of $14.80 and a 1-year high of $34.20. The stock has a 50 day moving average of $15.52 and a 200-day moving average of $17.66.

Under Armour (NYSE:UA) last released its earnings results on Tuesday, August 1st. The company reported ($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.04. The firm had revenue of $1.09 billion for the quarter. Under Armour had a net margin of 4.38% and a return on equity of 11.06%. On average, equities research analysts anticipate that Under Armour, Inc. will post $0.37 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Under Armour, Inc. (UA) Shares Sold by Voya Investment Management LLC” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://ledgergazette.com/2017/10/17/under-armour-inc-ua-shares-sold-by-voya-investment-management-llc.html.

UA has been the subject of a number of research analyst reports. Jefferies Group LLC set a $28.00 target price on Under Armour and gave the company a “buy” rating in a report on Tuesday, June 20th. Vetr upgraded Under Armour from a “hold” rating to a “buy” rating and set a $19.90 target price for the company in a report on Wednesday, June 21

Several other institutional investors and hedge funds have also added to or reduced their stakes in UA. United Capital Financial Advisers LLC lifted its holdings in shares of Under Armour by 44.1% in the first quarter. United Capital Financial Advisers LLC now owns 52,298 shares of the company’s stock valued at $1,034,000 after purchasing an additional 16,017 shares in the last quarter. Two Sigma Securities LLC lifted its holdings in shares of Under Armour by 60.6% in the first quarter. Two Sigma Securities LLC now owns 13,569 shares of the company’s stock valued at $268,000 after purchasing an additional 5,119 shares in the last quarter. Paloma Partners Management Co lifted its holdings in shares of Under Armour by 100.1% in the first quarter. Paloma Partners Management Co now owns 59,524 shares of the company’s stock valued at $1,178,000 after purchasing an additional 29,772 shares in the last quarter. Tudor Investment Corp ET AL lifted its holdings in shares of Under Armour by 160.4% in the first quarter. Tudor Investment Corp ET AL now owns 94,707 shares of the company’s stock valued at $1,873,000 after purchasing an additional 58,341 shares in the last quarter. Finally, Grandeur Peak Global Advisors LLC lifted its holdings in shares of Under Armour by 2.8% in the first quarter. Grandeur Peak Global Advisors LLC now owns 47,250 shares of the company’s stock valued at $935,000 after purchasing an additional 1,300 shares in the last quarter. Institutional investors own 30.25% of the company’s stock.

Under Armour, Inc. (NYSE:UA) opened at 14.98 on Tuesday. The firm has a market capitalization of $6.61 billion, a P/E ratio of 30.32 and a beta of 1.15. Under Armour, Inc. has a 1-year low of $14.80 and a 1-year high of $34.20. The stock has a 50 day moving average of $15.52 and a 200-day moving average of $17.66.

Under Armour (NYSE:UA) last released its earnings results on Tuesday, August 1st. The company reported ($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.04. The firm had revenue of $1.09 billion for the quarter. Under Armour had a net margin of 4.38% and a return on equity of 11.06%. On average, equities research analysts anticipate that Under Armour, Inc. will post $0.37 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Under Armour, Inc. (UA) Shares Sold by Voya Investment Management LLC” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://ledgergazette.com/2017/10/17/under-armour-inc-ua-shares-sold-by-voya-investment-management-llc.html.

UA has been the subject of a number of research analyst reports. Jefferies Group LLC set a $28.00 target price on Under Armour and gave the company a “buy” rating in a report on Tuesday, June 20th. Vetr upgraded Under Armour from a “hold” rating to a “buy” rating and set a $19.90 target price for the company in a report on Wednesday, June 21st. Finally, BidaskClub upgraded Under Armour from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Nine analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $17.99.

About Under Armour

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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Institutional Ownership by Quarter for Under Armour (NYSE:UA)

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