Commonwealth of Pennsylvania Public School Empls Retrmt SYS Makes New Investment in Under Armour, Inc. (NYSE:UA)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Under Armour, Inc. (NYSE:UA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 51,234 shares of the company’s stock, valued at approximately $382,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Harbour Investments Inc. lifted its holdings in Under Armour by 592.9% during the 4th quarter. Harbour Investments Inc. now owns 3,506 shares of the company’s stock valued at $26,000 after buying an additional 3,000 shares in the last quarter. Sugar Maple Asset Management LLC purchased a new position in shares of Under Armour during the fourth quarter worth approximately $45,000. Kercheville Advisors LLC bought a new stake in shares of Under Armour during the fourth quarter valued at approximately $75,000. Sigma Planning Corp purchased a new stake in shares of Under Armour in the fourth quarter valued at approximately $82,000. Finally, Fielder Capital Group LLC grew 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 worth $93,000 after purchasing an additional 1,898 shares in the last quarter. 36.35% of the stock is currently owned by hedge funds and other institutional investors.

Under Armour Trading Up 0.4 %

Shares of NYSE UA opened at $6.04 on Friday. Under Armour, Inc. has a twelve month low of $5.93 and a twelve month high of $10.62. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. The business has a fifty day simple moving average of $6.74 and a two-hundred day simple moving average of $7.60. The firm has a market cap of $2.59 billion, a PE ratio of -20.81 and a beta of 1.60.

Under Armour (NYSE:UA) last released 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 negative net margin of 2.39% and a positive return on equity of 11.03%. During the same period last year, the firm earned $0.25 earnings per share.

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.