Under Armour, Inc. (NYSE:UAA) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lowered its position in shares of Under Armour, Inc. (NYSE:UAA) by 17.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,270 shares of the company’s stock after selling 5,263 shares during the period. Vontobel Holding Ltd.’s holdings in Under Armour were worth $538,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. The PNC Financial Services Group Inc. grew its holdings in shares of Under Armour by 1.3% during the first quarter. The PNC Financial Services Group Inc. now owns 35,351 shares of the company’s stock worth $783,000 after buying an additional 438 shares during the last quarter. Aperio Group LLC grew its holdings in shares of Under Armour by 1.3% during the fourth quarter. Aperio Group LLC now owns 54,746 shares of the company’s stock worth $940,000 after buying an additional 698 shares during the last quarter. US Bancorp DE grew its holdings in shares of Under Armour by 28.3% during the first quarter. US Bancorp DE now owns 3,272 shares of the company’s stock worth $72,000 after buying an additional 722 shares during the last quarter. Banque Cantonale Vaudoise grew its holdings in shares of Under Armour by 49.4% during the fourth quarter. Banque Cantonale Vaudoise now owns 2,550 shares of the company’s stock worth $44,000 after buying an additional 843 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in shares of Under Armour by 6.1% during the first quarter. Oregon Public Employees Retirement Fund now owns 15,178 shares of the company’s stock worth $336,000 after buying an additional 876 shares during the last quarter. Institutional investors and hedge funds own 39.22% of the company’s stock.

Under Armour stock opened at $21.07 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.56 and a quick ratio of 1.87. The firm has a market capitalization of $9.63 billion, a price-to-earnings ratio of 81.04, a price-to-earnings-growth ratio of 2.05 and a beta of 1.26. Under Armour, Inc. has a fifty-two week low of $8.94 and a fifty-two week high of $26.45. The firm has a fifty day moving average price of $22.70.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Monday, May 3rd. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.12. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.12 billion. Under Armour had a return on equity of 6.70% and a net margin of 2.46%. The business’s revenue for the quarter was up 39.8% compared to the same quarter last year. During the same quarter last year, the company earned ($0.34) earnings per share. On average, equities research analysts anticipate that Under Armour, Inc. will post 0.32 earnings per share for the current fiscal year.

A number of equities analysts recently issued reports on the company. Barclays raised Under Armour from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $25.00 to $34.00 in a report on Wednesday, May 5th. Jefferies Financial Group raised their price target on Under Armour from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, May 4th. OTR Global raised Under Armour from a “mixed” rating to a “positive” rating in a report on Monday, April 26th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their price objective on Under Armour from $23.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday, May 5th. Finally, Argus lowered Under Armour from a “buy” rating to a “hold” rating in a report on Wednesday, February 17th. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $24.41.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold.

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Institutional Ownership by Quarter for Under Armour (NYSE:UAA)

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