SG Americas Securities LLC Has $111,000 Holdings in Under Armour, Inc. (NYSE:UAA)

SG Americas Securities LLC decreased its position in shares of Under Armour, Inc. (NYSE:UAA) by 27.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,663 shares of the company’s stock after selling 4,708 shares during the quarter. SG Americas Securities LLC’s holdings in Under Armour were worth $111,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of UAA. Vanguard Group Inc. grew its holdings in shares of Under Armour by 5.1% during the first quarter. Vanguard Group Inc. now owns 20,911,825 shares of the company’s stock worth $355,918,000 after purchasing an additional 1,017,211 shares during the last quarter. BlackRock Inc. grew its stake in shares of Under Armour by 3.1% in the third quarter. BlackRock Inc. now owns 16,901,026 shares of the company’s stock worth $112,390,000 after purchasing an additional 511,664 shares during the last quarter. State Street Corp increased its holdings in Under Armour by 18.9% in the second quarter. State Street Corp now owns 10,622,401 shares of the company’s stock valued at $76,694,000 after purchasing an additional 1,691,535 shares during the period. Balyasny Asset Management LLC raised its position in Under Armour by 36.4% during the 3rd quarter. Balyasny Asset Management LLC now owns 4,158,618 shares of the company’s stock worth $27,655,000 after purchasing an additional 1,109,408 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Under Armour by 65.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,943,745 shares of the company’s stock worth $27,015,000 after buying an additional 1,555,856 shares during the period. Institutional investors own 34.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UAA. Evercore ISI restated an “underperform” rating and set a $7.00 price objective (down from $8.00) on shares of Under Armour in a research report on Thursday, March 14th. BNP Paribas restated a “neutral” rating on shares of Under Armour in a research report on Thursday, March 14th. Telsey Advisory Group reiterated a “market perform” rating and set a $9.00 price objective on shares of Under Armour in a research report on Thursday, March 14th. TheStreet upgraded shares of Under Armour from a “d+” rating to a “c-” rating in a report on Thursday, February 8th. Finally, Williams Trading reaffirmed a “hold” rating and set a $8.00 price target on shares of Under Armour in a research report on Thursday, March 14th. One research analyst has rated the stock with a sell rating and eight have given a hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $8.65.

Under Armour Stock Performance

NYSE UAA opened at $6.73 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.13 and a quick ratio of 1.38. The company has a fifty day moving average price of $7.65 and a 200-day moving average price of $7.73. Under Armour, Inc. has a 1 year low of $6.29 and a 1 year high of $9.50. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 7.48, a PEG ratio of 1.12 and a beta of 1.64.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.08. Under Armour had a net margin of 6.98% and a return on equity of 13.85%. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm posted $0.16 EPS. The firm’s quarterly revenue was down 6.1% compared to the same quarter last year. As a group, equities research analysts predict that Under Armour, Inc. will post 0.52 EPS for the current fiscal year.

Under Armour Company 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.