Sigma Planning Corp trimmed its holdings in shares of Under Armour Inc (NYSE:UAA) by 33.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,662 shares of the company’s stock after selling 6,329 shares during the period. Sigma Planning Corp’s holdings in Under Armour were worth $183,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also made changes to their positions in UAA. Hexavest Inc. purchased a new stake in Under Armour during the 4th quarter worth $39,368,000. Disciplined Growth Investors Inc. MN purchased a new stake in Under Armour during the 3rd quarter worth $39,964,000. ANTIPODES PARTNERS Ltd purchased a new stake in Under Armour during the 4th quarter worth $25,742,000. Strs Ohio boosted its position in Under Armour by 41,635.1% during the 3rd quarter. Strs Ohio now owns 1,102,642 shares of the company’s stock worth $18,171,000 after purchasing an additional 1,100,000 shares during the period. Finally, FMR LLC purchased a new stake in Under Armour during the 2nd quarter worth $20,317,000. 33.32% of the stock is owned by hedge funds and other institutional investors.
A number of analysts recently weighed in on UAA shares. Vetr raised shares of Under Armour from a “strong sell” rating to a “sell” rating and set a $13.90 price target for the company in a research report on Thursday, December 28th. Zacks Investment Research raised shares of Under Armour from a “sell” rating to a “hold” rating in a research report on Friday, November 17th. Stifel Nicolaus raised shares of Under Armour from a “hold” rating to a “buy” rating and upped their price objective for the company from $12.00 to $17.00 in a research report on Friday, December 15th. UBS Group raised shares of Under Armour to a “neutral” rating in a research report on Tuesday, November 7th. Finally, Macquarie cut shares of Under Armour from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $10.00 to $8.00 in a research report on Tuesday, January 16th. Nineteen 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. The company presently has a consensus rating of “Hold” and a consensus price target of $14.71.
Shares of Under Armour Inc (NYSE:UAA) opened at $17.36 on Monday. The stock has a market cap of $7,667.86, a PE ratio of -144.65, a PEG ratio of 4.48 and a beta of -0.23. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.20 and a quick ratio of 1.11. Under Armour Inc has a 12 month low of $11.40 and a 12 month high of $23.46.
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Under Armour Profile
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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