Savant Capital LLC bought a new position in Under Armour, Inc. (NYSE:UA – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 20,959 shares of the company’s stock, valued at approximately $136,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Under Armour in the first quarter worth about $78,000. Cetera Investment Advisers lifted its position in shares of Under Armour by 21.5% during the 1st quarter. Cetera Investment Advisers now owns 26,452 shares of the company’s stock valued at $157,000 after buying an additional 4,686 shares in the last quarter. HB Wealth Management LLC bought a new position in shares of Under Armour during the 1st quarter valued at approximately $80,000. Deutsche Bank AG increased its holdings in Under Armour by 74.9% in the 1st quarter. Deutsche Bank AG now owns 36,026 shares of the company’s stock worth $214,000 after acquiring an additional 15,433 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Under Armour during the 1st quarter worth approximately $6,703,000. 36.35% of the stock is currently owned by hedge funds and other institutional investors.
Under Armour Stock Performance
NYSE:UA opened at $3.97 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. Under Armour, Inc. has a 12-month low of $3.95 and a 12-month high of $9.38. The stock has a 50-day moving average price of $4.59 and a 200 day moving average price of $5.49. The stock has a market capitalization of $1.70 billion, a P/E ratio of 18.02 and a beta of 1.77.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Under Armour in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.
Read Our Latest Stock Report on UA
Under Armour Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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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