Prudential Financial Inc. lessened its stake in Under Armour, Inc. (NYSE:UA – Free Report) by 77.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,392 shares of the company’s stock after selling 49,910 shares during the quarter. Prudential Financial Inc.’s holdings in Under Armour were worth $107,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. Harbour Investments Inc. increased its stake in shares of Under Armour by 592.9% during the 4th quarter. Harbour Investments Inc. now owns 3,506 shares of the company’s stock worth $26,000 after purchasing an additional 3,000 shares during the last quarter. Sugar Maple Asset Management LLC bought a new position in shares of Under Armour in the fourth quarter valued at about $45,000. Kercheville Advisors LLC acquired a new position in Under Armour in the 4th quarter valued at about $75,000. Sigma Planning Corp bought a new stake in shares of Under Armour during the fourth quarter worth approximately $82,000. Finally, Fielder Capital Group LLC increased its stake in shares of Under Armour by 17.9% during the fourth quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock worth $93,000 after purchasing an additional 1,898 shares during the period. 36.35% of the stock is currently owned by institutional investors and hedge funds.
Under Armour Stock Up 0.3 %
UA stock opened at $5.00 on Friday. The business’s fifty day moving average price is $6.19 and its two-hundred day moving average price is $7.43. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of -17.22 and a beta of 1.45. Under Armour, Inc. has a fifty-two week low of $4.62 and a fifty-two week high of $10.62. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.19.
Under Armour (NYSE:UA – Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 last year, the firm posted $0.25 EPS.
Under Armour Company Profile
(Free Report)
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.
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