Renaissance Technologies LLC Increases Stock Holdings in Under Armour, Inc. (NYSE:UA)

Renaissance Technologies LLC boosted its stake in Under Armour, Inc. (NYSE:UA) by 265.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,293,200 shares of the company’s stock after buying an additional 939,700 shares during the quarter. Renaissance Technologies LLC’s holdings in Under Armour were worth $9,647,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Fielder Capital Group LLC increased its position in shares of Under Armour by 17.9% during the 4th quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock valued at $93,000 after purchasing an additional 1,898 shares during the last quarter. Amalgamated Bank increased its holdings in Under Armour by 3.5% during the fourth quarter. Amalgamated Bank now owns 62,753 shares of the company’s stock worth $468,000 after buying an additional 2,106 shares during the last quarter. Harbour Investments Inc. raised its position in Under Armour by 592.9% in the fourth quarter. Harbour Investments Inc. now owns 3,506 shares of the company’s stock worth $26,000 after acquiring an additional 3,000 shares during the period. Bank of New York Mellon Corp boosted its stake in Under Armour by 0.3% in the fourth quarter. Bank of New York Mellon Corp now owns 938,078 shares of the company’s stock valued at $6,998,000 after acquiring an additional 3,207 shares during the last quarter. Finally, Blair William & Co. IL grew its position in shares of Under Armour by 12.2% during the 4th quarter. Blair William & Co. IL now owns 37,272 shares of the company’s stock valued at $278,000 after acquiring an additional 4,050 shares during the period. 36.35% of the stock is currently owned by institutional investors.

Under Armour Trading Down 0.9 %

NYSE:UA opened at $5.30 on Thursday. The firm’s 50 day moving average is $6.08 and its 200 day moving average is $7.38. Under Armour, Inc. has a 12 month low of $4.62 and a 12 month high of $10.62. The stock has a market capitalization of $2.28 billion, a PE ratio of -18.28 and a beta of 1.45. 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 (NYSE:UA) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates 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 previous year, the firm posted $0.25 EPS.

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.