Under Armour, Inc. (NYSE:UAA) Shares Acquired by Virtu Financial LLC

Virtu Financial LLC lifted its stake in Under Armour, Inc. (NYSE:UAA) by 22.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,673 shares of the company’s stock after buying an additional 7,076 shares during the period. Virtu Financial LLC’s holdings in Under Armour were worth $320,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Nomura Asset Management Co. Ltd. boosted its stake in Under Armour by 163.6% in the third 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 in the last quarter. Compagnie Lombard Odier SCmA purchased a new stake in shares of Under Armour in the 4th quarter valued at about $25,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Under Armour in the 4th quarter valued at about $27,000. SBI Securities Co. Ltd. purchased a new position in Under Armour during the 4th quarter worth approximately $40,000. Finally, Harbour Investments Inc. increased its position in Under Armour by 438.2% during the fourth quarter. Harbour Investments Inc. now owns 6,141 shares of the company’s stock worth $51,000 after buying an additional 5,000 shares during the period. 34.58% of the stock is currently owned by institutional investors and hedge funds.

Under Armour Trading Up 0.2 %

Shares of Under Armour stock opened at $6.34 on Friday. The company has a 50-day moving average of $7.34 and a two-hundred day moving average of $8.30. The stock has a market cap of $2.72 billion, a PE ratio of -21.84 and a beta of 1.63. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a 12-month low of $6.17 and a 12-month high of $11.89.

Under Armour (NYSE:UAA) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same period in the prior year, the company posted $0.19 earnings per share. On average, research analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on UAA. UBS Group lowered their target price on shares of Under Armour from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Tuesday, January 28th. StockNews.com upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a research note on Thursday, March 20th. Argus downgraded shares of Under Armour from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Needham & Company LLC restated a “hold” rating on shares of Under Armour in a research report on Friday, February 7th. Finally, KGI Securities began coverage on Under Armour in a research report on Friday, March 7th. They set a “neutral” rating and a $7.40 price objective for the company. 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 MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $9.06.

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.