Swiss National Bank Sells 25,000 Shares of Under Armour, Inc. (NYSE:UA)

Swiss National Bank cut its stake in Under Armour, Inc. (NYSE:UA) by 8.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 267,000 shares of the company’s stock after selling 25,000 shares during the period. Swiss National Bank owned about 0.06% of Under Armour worth $1,992,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in UA. Sugar Maple Asset Management LLC bought a new position in shares of Under Armour during the 4th quarter valued at $45,000. Kercheville Advisors LLC purchased a new stake in Under Armour during the fourth quarter valued at about $75,000. Sigma Planning Corp bought a new position in shares of Under Armour during the fourth quarter valued at about $82,000. Fielder Capital Group LLC grew 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 valued at $93,000 after buying an additional 1,898 shares during the last quarter. Finally, Avantax Advisory Services Inc. purchased a new position in shares of Under Armour in the fourth quarter worth about $110,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Price Performance

Shares of Under Armour stock opened at $6.02 on Friday. 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, Inc. has a one year low of $5.93 and a one year 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. The business’s 50 day simple moving average is $6.71 and its two-hundred day simple moving average is $7.60.

Under Armour (NYSE:UA) last issued its quarterly earnings data 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 positive return on equity of 11.03% and a negative net margin of 2.39%. During the same period last year, the company posted $0.25 EPS.

Under Armour Profile

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.