WINTON GROUP Ltd lessened its holdings in Under Armour, Inc. (NYSE:UAA – Free Report) by 46.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 168,800 shares of the company’s stock after selling 146,030 shares during the quarter. WINTON GROUP Ltd’s holdings in Under Armour were worth $1,398,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of UAA. Compagnie Lombard Odier SCmA bought a new stake in shares of Under Armour during the fourth quarter worth approximately $25,000. Nomura Asset Management Co. Ltd. raised its position in shares of Under Armour by 163.6% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company’s stock valued at $26,000 after acquiring an additional 1,800 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Under Armour in the 4th quarter worth $27,000. SBI Securities Co. Ltd. acquired a new stake in shares of Under Armour during the fourth quarter worth $40,000. Finally, Harbour Investments Inc. increased its holdings in Under Armour by 438.2% in the fourth quarter. Harbour Investments Inc. now owns 6,141 shares of the company’s stock valued at $51,000 after purchasing an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 34.58% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have issued reports on UAA. TD Cowen raised their target price on Under Armour from $10.00 to $11.00 and gave the stock a “hold” rating in a report on Friday, December 13th. Telsey Advisory Group reissued a “market perform” rating and set a $10.00 price objective on shares of Under Armour in a research note on Thursday, February 6th. Evercore ISI lowered their target price on shares of Under Armour from $8.00 to $7.00 and set an “underperform” rating for the company in a research note on Monday, February 10th. Needham & Company LLC reissued a “hold” rating on shares of Under Armour in a research report on Friday, February 7th. Finally, Argus lowered shares of Under Armour from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Three equities 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. Based on data from MarketBeat, Under Armour currently has a consensus rating of “Hold” and an average price target of $9.06.
Under Armour Trading Up 0.2 %
NYSE:UAA opened at $6.34 on Friday. The company has a market cap of $2.72 billion, a P/E ratio of -21.84 and a beta of 1.63. Under Armour, Inc. has a twelve month low of $6.17 and a twelve month high of $11.89. The business has a 50 day moving average price of $7.34 and a two-hundred day moving average price of $8.30. 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 (NYSE:UAA – Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.08 EPS for the quarter, topping the consensus estimate 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 quarter in the previous year, the business earned $0.19 earnings per share. As a group, analysts expect that Under Armour, Inc. will post 0.3 EPS for the current fiscal 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.
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