Proficio Capital Partners LLC Makes New Investment in Under Armour, Inc. (NYSE:UA)

Proficio Capital Partners LLC acquired a new position in shares of Under Armour, Inc. (NYSE:UA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 19,970 shares of the company’s stock, valued at approximately $149,000.

Several other institutional investors and hedge funds also recently made changes to their positions in UA. Sugar Maple Asset Management LLC acquired a new stake in Under Armour during the fourth quarter worth about $45,000. Kercheville Advisors LLC bought a new stake in shares of Under Armour during the 4th quarter worth approximately $75,000. Sigma Planning Corp acquired a new stake in shares of Under Armour during the 4th quarter worth approximately $82,000. Fielder Capital Group LLC increased its stake in Under Armour by 17.9% in the fourth quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock valued at $93,000 after acquiring an additional 1,898 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in Under Armour by 118.1% during the fourth quarter. Jones Financial Companies Lllp now owns 21,017 shares of the company’s stock valued at $157,000 after purchasing an additional 11,379 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

Under Armour Stock Down 0.7 %

UA stock opened at $6.02 on Friday. The firm has a 50-day moving average price of $6.71 and a 200-day moving average price of $7.60. Under Armour, Inc. has a 12 month low of $5.93 and a 12 month high of $10.62. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $2.59 billion, a P/E ratio of -20.74 and a beta of 1.60.

Under Armour (NYSE:UA) last posted its earnings results on Thursday, February 13th. 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 negative net margin of 2.39% and a positive return on equity of 11.03%. During the same quarter in the previous year, the firm earned $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.