Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $180,000 Stock Position in Under Armour, Inc. (NYSE:UAA)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its holdings in shares of Under Armour, Inc. (NYSE:UAA) by 67.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,702 shares of the company’s stock after selling 44,400 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Under Armour were worth $180,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. MCF Advisors LLC lifted its holdings in shares of Under Armour by 7.6% in the fourth quarter. MCF Advisors LLC now owns 20,187 shares of the company’s stock worth $167,000 after acquiring an additional 1,419 shares during the last quarter. Optas LLC lifted its stake in Under Armour by 5.5% in the 4th quarter. Optas LLC now owns 28,519 shares of the company’s stock valued at $236,000 after purchasing an additional 1,484 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its position in Under Armour by 163.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company’s stock valued at $26,000 after buying an additional 1,800 shares in the last quarter. Amalgamated Bank boosted its position in Under Armour by 2.4% in the fourth quarter. Amalgamated Bank now owns 87,534 shares of the company’s stock valued at $725,000 after buying an additional 2,014 shares in the last quarter. Finally, Swiss National Bank grew its stake in shares of Under Armour by 0.8% during the fourth quarter. Swiss National Bank now owns 371,400 shares of the company’s stock worth $3,075,000 after buying an additional 2,800 shares during the last quarter. 34.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

UAA has been the topic of several recent research reports. UBS Group cut their price objective on Under Armour from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Tuesday, January 28th. Morgan Stanley restated an “underweight” rating and set a $4.00 price objective on shares of Under Armour in a research report on Friday, December 13th. Guggenheim reissued a “neutral” rating on shares of Under Armour in a research report on Friday, February 7th. Argus downgraded shares of Under Armour from a “buy” rating to a “hold” rating in a research report on Thursday, January 16th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Under Armour in a research note on Friday, February 7th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $9.06.

Under Armour Stock Performance

UAA opened at $6.34 on Friday. Under Armour, Inc. has a 1-year low of $6.17 and a 1-year high of $11.89. The company has a market cap of $2.72 billion, a price-to-earnings ratio of -21.84 and a beta of 1.63. The company’s fifty day moving average price is $7.34 and its two-hundred day moving average price is $8.30. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30.

Under Armour (NYSE:UAA) last posted its earnings results on Thursday, February 6th. 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 period last year, the firm posted $0.19 EPS. On average, analysts expect that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Under Armour 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.