Farringdon Capital Ltd. Purchases Shares of 419,918 Under Armour, Inc. (NYSE:UA)

Farringdon Capital Ltd. acquired a new stake in shares of Under Armour, Inc. (NYSE:UA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 419,918 shares of the company’s stock, valued at approximately $3,133,000. Under Armour accounts for 1.3% of Farringdon Capital Ltd.’s investment portfolio, making the stock its 6th largest holding. Farringdon Capital Ltd. owned approximately 0.10% of Under Armour as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Harbour Investments Inc. increased its stake in Under Armour by 592.9% during the 4th quarter. Harbour Investments Inc. now owns 3,506 shares of the company’s stock valued at $26,000 after purchasing an additional 3,000 shares in the last quarter. Sugar Maple Asset Management LLC bought a new stake in shares of Under Armour during the fourth quarter worth about $45,000. Kercheville Advisors LLC bought a new stake in shares of Under Armour during the fourth quarter worth about $75,000. Sigma Planning Corp acquired a new stake in shares of Under Armour in the 4th quarter worth about $82,000. Finally, Sterling Capital Management LLC lifted its position in Under Armour by 44.4% in the 4th quarter. Sterling Capital Management LLC now owns 11,603 shares of the company’s stock valued at $87,000 after acquiring an additional 3,565 shares in the last quarter. Institutional investors own 36.35% of the company’s stock.

Under Armour Stock Performance

Shares of UA opened at $5.30 on Thursday. The firm has a market capitalization of $2.28 billion, a P/E ratio of -18.28 and a beta of 1.45. Under Armour, Inc. has a 52 week low of $4.62 and a 52 week high of $10.62. The stock has a 50 day moving average price of $6.08 and a two-hundred day moving average price of $7.38. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01.

Under Armour (NYSE:UA) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, topping 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 quarter in the prior year, the company earned $0.25 earnings per share.

About Under Armour

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.