Under Armour, Inc. (NYSE:UAA) Stake Boosted by Creative Planning

Creative Planning increased its holdings in Under Armour, Inc. (NYSE:UAA) by 28.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,457 shares of the company’s stock after buying an additional 4,695 shares during the quarter. Creative Planning’s holdings in Under Armour were worth $191,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jupiter Asset Management Ltd. bought a new position in Under Armour in the 1st quarter worth approximately $8,944,000. Disciplined Growth Investors Inc. MN grew its holdings in Under Armour by 1.3% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 5,412,643 shares of the company’s stock worth $36,102,000 after buying an additional 70,731 shares in the last quarter. Texas Permanent School Fund Corp grew its holdings in Under Armour by 1.1% in the 1st quarter. Texas Permanent School Fund Corp now owns 164,760 shares of the company’s stock worth $1,216,000 after buying an additional 1,746 shares in the last quarter. Blair William & Co. IL grew its holdings in Under Armour by 40.3% in the 1st quarter. Blair William & Co. IL now owns 31,158 shares of the company’s stock worth $230,000 after buying an additional 8,950 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Under Armour by 40.5% in the 1st quarter. Jane Street Group LLC now owns 562,031 shares of the company’s stock worth $4,148,000 after buying an additional 162,013 shares in the last quarter. 34.58% of the stock is owned by institutional investors.

Under Armour Price Performance

Shares of NYSE:UAA opened at $9.58 on Tuesday. The company has a current ratio of 1.73, a quick ratio of 1.08 and a debt-to-equity ratio of 0.33. Under Armour, Inc. has a 1 year low of $6.17 and a 1 year high of $11.89. The business has a fifty day simple moving average of $8.51 and a 200 day simple moving average of $7.55. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of -319.17, a P/E/G ratio of 4.40 and a beta of 1.66.

Wall Street Analysts Forecast Growth

UAA has been the subject of a number of research reports. TD Cowen increased their price target on Under Armour from $7.00 to $8.00 and gave the company a “hold” rating in a research note on Monday, November 4th. BMO Capital Markets increased their price target on Under Armour from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Argus raised Under Armour to a “strong-buy” rating in a research note on Thursday, August 15th. Robert W. Baird increased their price target on Under Armour from $8.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Wells Fargo & Company increased their price objective on Under Armour from $8.00 to $11.00 and gave the company an “equal weight” rating in a research report on Friday. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $9.03.

Under Armour Company Profile

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.