Under Armour, Inc. (NYSE:UAA) Shares Bought by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd grew its position in Under Armour, Inc. (NYSE:UAA) by 969.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,160 shares of the company’s stock after buying an additional 23,715 shares during the quarter. Aster Capital Management DIFC Ltd’s holdings in Under Armour were worth $217,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of UAA. Rockefeller Capital Management L.P. grew its position in Under Armour by 8.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 115,447 shares of the company’s stock valued at $1,029,000 after acquiring an additional 9,439 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Under Armour by 85.6% in the third quarter. Stifel Financial Corp now owns 66,671 shares of the company’s stock valued at $594,000 after purchasing an additional 30,755 shares in the last quarter. National Bank of Canada FI increased its stake in Under Armour by 9.4% during the 3rd quarter. National Bank of Canada FI now owns 37,703 shares of the company’s stock worth $336,000 after buying an additional 3,232 shares during the period. Orion Portfolio Solutions LLC lifted its holdings in Under Armour by 15.3% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 59,237 shares of the company’s stock worth $528,000 after buying an additional 7,839 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its position in Under Armour by 163.6% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company’s stock valued at $26,000 after buying an additional 1,800 shares during the period. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on UAA shares. Evercore ISI cut their price objective on Under Armour from $8.00 to $7.00 and set an “underperform” rating on the stock in a research report on Monday, February 10th. KGI Securities started coverage on Under Armour in a research report on Friday, March 7th. They issued a “neutral” rating and a $7.40 price target on the stock. Needham & Company LLC reissued a “hold” rating on shares of Under Armour in a research report on Friday, February 7th. StockNews.com raised shares of Under Armour from a “sell” rating to a “hold” rating in a report on Thursday, March 20th. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $10.00 price target on shares of Under Armour in a report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Under Armour currently has an average rating of “Hold” and an average target price of $9.06.

Under Armour Trading Down 0.7 %

UAA opened at $5.23 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a 52 week low of $4.82 and a 52 week high of $11.89. The business’s 50 day moving average is $6.99 and its two-hundred day moving average is $8.23. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of -18.02 and a beta of 1.49.

Under Armour (NYSE:UAA) last announced its earnings results on Thursday, February 6th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same period in the previous year, the business posted $0.19 EPS. On average, research analysts predict that Under Armour, Inc. will post 0.3 EPS for the current year.

About Under Armour

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.