Yousif Capital Management LLC Sells 3,927 Shares of Under Armour, Inc. (NYSE:UAA)

Yousif Capital Management LLC decreased its position in shares of Under Armour, Inc. (NYSE:UAA) by 5.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,887 shares of the company’s stock after selling 3,927 shares during the quarter. Yousif Capital Management LLC’s holdings in Under Armour were worth $546,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in UAA. CWM LLC grew its position in shares of Under Armour by 20.7% during the 3rd quarter. CWM LLC now owns 8,211 shares of the company’s stock worth $73,000 after buying an additional 1,409 shares in the last quarter. Creative Planning lifted its stake in shares of Under Armour by 28.0% during the 3rd quarter. Creative Planning now owns 21,457 shares of the company’s stock worth $191,000 after purchasing an additional 4,695 shares during the last quarter. Aaron Wealth Advisors LLC purchased a new stake in shares of Under Armour during the 3rd quarter worth $241,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Under Armour during the 3rd quarter worth $56,000. Finally, International Assets Investment Management LLC lifted its stake in shares of Under Armour by 2,413.5% during the 3rd quarter. International Assets Investment Management LLC now owns 71,636 shares of the company’s stock worth $638,000 after purchasing an additional 68,786 shares during the last quarter. Institutional investors own 34.58% of the company’s stock.

Insiders Place Their Bets

In other news, CFO David Bergman sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $9.09, for a total value of $272,700.00. Following the completion of the sale, the chief financial officer now directly owns 494,210 shares of the company’s stock, valued at $4,492,368.90. This trade represents a 5.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 15.60% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on UAA. Robert W. Baird upped their price objective on Under Armour from $8.00 to $10.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. TD Cowen upped their price objective on Under Armour from $10.00 to $11.00 and gave the stock a “hold” rating in a research note on Friday, December 13th. Evercore ISI decreased their price objective on Under Armour from $8.00 to $7.00 and set an “underperform” rating for the company in a research note on Monday, February 10th. Guggenheim restated a “neutral” rating on shares of Under Armour in a research note on Friday, February 7th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $10.00 price target on shares of Under Armour in a research note on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $9.09.

Under Armour Stock Down 2.4 %

Shares of NYSE UAA opened at $7.11 on Monday. The stock has a market cap of $3.07 billion, a PE ratio of -24.50 and a beta of 1.69. The company has a quick ratio of 1.24, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a 52-week low of $6.17 and a 52-week high of $11.89. The business has a 50-day moving average price of $8.33 and a 200 day moving average price of $8.49.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.08 earnings per share for the quarter, topping 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 business posted $0.19 earnings per share. Equities research analysts forecast that Under Armour, Inc. will post 0.29 earnings per share for the current year.

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.