Proficio Capital Partners LLC Invests $149,000 in Under Armour, Inc. (NYSE:UA)

Proficio Capital Partners LLC purchased a new position in shares of Under Armour, Inc. (NYSE:UA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,970 shares of the company’s stock, valued at approximately $149,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sugar Maple Asset Management LLC acquired a new position in shares of Under Armour in the 4th quarter valued at approximately $45,000. Kercheville Advisors LLC bought a new stake in shares of Under Armour in the fourth quarter worth $75,000. Sigma Planning Corp acquired a new stake in Under Armour in the fourth quarter valued at $82,000. Summit Financial Strategies Inc. boosted its stake in Under Armour by 71.0% during the 4th quarter. Summit Financial Strategies Inc. now owns 33,195 shares of the company’s stock valued at $248,000 after acquiring an additional 13,780 shares during the last quarter. Finally, Oak Thistle LLC acquired a new position in Under Armour during the 4th quarter worth $248,000. 36.35% of the stock is owned by institutional investors and hedge funds.

Under Armour Price Performance

UA opened at $6.48 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. Under Armour, Inc. has a 1-year low of $6.02 and a 1-year high of $10.62. The company has a 50-day moving average of $7.02 and a 200-day moving average of $7.73. The company has a market capitalization of $2.78 billion, a P/E ratio of -22.33 and a beta of 1.60.

Under Armour (NYSE:UA) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate 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 earned $0.25 earnings per share.

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.