Concurrent Investment Advisors LLC Decreases Position in Under Armour, Inc. (NYSE:UA)

Concurrent Investment Advisors LLC decreased its stake in Under Armour, Inc. (NYSE:UA) by 7.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,249 shares of the company’s stock after selling 1,600 shares during the period. Concurrent Investment Advisors LLC’s holdings in Under Armour were worth $169,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of UA. Peoples Bank KS purchased a new position in Under Armour in the third quarter valued at about $59,000. Headlands Technologies LLC boosted its holdings in Under Armour by 24,302.4% in the first quarter. Headlands Technologies LLC now owns 10,249 shares of the company’s stock valued at $73,000 after purchasing an additional 10,207 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in Under Armour in the first quarter valued at about $78,000. CWM LLC boosted its holdings in Under Armour by 31.1% in the second quarter. CWM LLC now owns 12,628 shares of the company’s stock valued at $82,000 after purchasing an additional 2,995 shares during the last quarter. Finally, Algert Global LLC purchased a new position in Under Armour in the second quarter valued at about $98,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Trading Up 0.1 %

Shares of UA opened at $8.62 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.08 and a current ratio of 1.73. The stock has a 50-day moving average price of $7.97 and a 200 day moving average price of $7.24. Under Armour, Inc. has a one year low of $6.02 and a one year high of $10.62. The company has a market capitalization of $3.72 billion, a P/E ratio of -215.38 and a beta of 1.64.

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.