Mutual of America Capital Management LLC Has $826,000 Stock Holdings in Under Armour, Inc. (NYSE:UAA)

Mutual of America Capital Management LLC lessened its holdings in shares of Under Armour, Inc. (NYSE:UAA) by 2.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,744 shares of the company’s stock after selling 2,307 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Under Armour were worth $826,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA bought a new position in Under Armour in the 4th quarter valued at about $25,000. Nomura Asset Management Co. Ltd. grew its holdings in Under Armour by 163.6% during the third quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company’s stock worth $26,000 after buying an additional 1,800 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Under Armour in the 4th quarter valued at $27,000. Versant Capital Management Inc lifted its stake in Under Armour by 63.2% during the 4th quarter. Versant Capital Management Inc now owns 10,037 shares of the company’s stock valued at $83,000 after acquiring an additional 3,885 shares in the last quarter. Finally, Baker Avenue Asset Management LP bought a new position in Under Armour during the 3rd quarter valued at $92,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Stock Up 2.7 %

Shares of NYSE UAA opened at $7.09 on Monday. The business has a 50-day simple moving average of $7.76 and a two-hundred day simple moving average of $8.43. Under Armour, Inc. has a 52 week low of $6.17 and a 52 week high of $11.89. The company has a market cap of $3.05 billion, a P/E ratio of -24.43 and a beta of 1.63. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30.

Under Armour (NYSE:UAA) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.08 EPS for the quarter, beating 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 period last year, the company earned $0.19 earnings per share. Research analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UAA has been the topic of several analyst reports. Needham & Company LLC restated a “hold” rating on shares of Under Armour in a report on Friday, February 7th. Telsey Advisory Group reiterated a “market perform” rating and set a $10.00 price target on shares of Under Armour in a report on Thursday, February 6th. UBS Group reduced their price objective on Under Armour from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Tuesday, January 28th. Argus downgraded shares of Under Armour from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Finally, Guggenheim restated a “neutral” rating on shares of Under Armour in a report on Friday, February 7th. Three investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $8.99.

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.