4,801 Shares in Under Armour, Inc. (NYSE:UAA) Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. acquired a new position in shares of Under Armour, Inc. (NYSE:UAA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,801 shares of the company’s stock, valued at approximately $40,000.

Several other hedge funds have also added to or reduced their stakes in UAA. Creative Planning raised its stake in 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 buying an additional 4,695 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Under Armour by 11.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,860 shares of the company’s stock worth $123,000 after buying an additional 1,409 shares during the period. Baker Avenue Asset Management LP acquired a new stake in Under Armour during the 3rd quarter worth $92,000. Los Angeles Capital Management LLC acquired a new stake in Under Armour during the 3rd quarter worth $343,000. Finally, Venturi Wealth Management LLC raised its stake in Under Armour by 268.1% during the 3rd quarter. Venturi Wealth Management LLC now owns 11,672 shares of the company’s stock worth $104,000 after buying an additional 8,501 shares during the period. Institutional investors and hedge funds own 34.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on UAA. Evercore ISI dropped their price objective on Under Armour from $8.00 to $7.00 and set an “underperform” rating on the stock in a research note on Monday, February 10th. TD Cowen lifted their price target on Under Armour from $10.00 to $11.00 and gave the company a “hold” rating in a research note on Friday, December 13th. Needham & Company LLC reissued a “hold” rating on shares of Under Armour in a research note on Friday, February 7th. UBS Group dropped their price target on Under Armour from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Tuesday, January 28th. Finally, Argus downgraded Under Armour from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Three analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Under Armour currently has a consensus rating of “Hold” and an average target price of $8.99.

Under Armour Price Performance

NYSE:UAA opened at $7.37 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. The stock’s 50-day simple moving average is $7.74 and its 200 day simple moving average is $8.42. The company has a market cap of $3.17 billion, a P/E ratio of -25.40 and a beta of 1.63. Under Armour, Inc. has a 52-week low of $6.17 and a 52-week high of $11.89.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.08 EPS 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 company earned $0.19 earnings per share. As a group, sell-side analysts forecast that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

About Under Armour

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.