Arrowstreet Capital Limited Partnership raised its position in shares of Under Armour, Inc. (NYSE:UA – Free Report) by 26.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,808,152 shares of the company’s stock after purchasing an additional 374,664 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.42% of Under Armour worth $13,489,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Fielder Capital Group LLC raised its holdings in shares of Under Armour by 17.9% during the 4th quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock worth $93,000 after buying an additional 1,898 shares in the last quarter. Amalgamated Bank raised its stake in Under Armour by 3.5% during the fourth quarter. Amalgamated Bank now owns 62,753 shares of the company’s stock worth $468,000 after acquiring an additional 2,106 shares in the last quarter. Harbour Investments Inc. raised its stake in Under Armour by 592.9% during the fourth quarter. Harbour Investments Inc. now owns 3,506 shares of the company’s stock worth $26,000 after acquiring an additional 3,000 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Under Armour by 0.3% in the fourth quarter. Bank of New York Mellon Corp now owns 938,078 shares of the company’s stock worth $6,998,000 after acquiring an additional 3,207 shares during the last quarter. Finally, Blair William & Co. IL boosted its position in Under Armour by 12.2% in the fourth quarter. Blair William & Co. IL now owns 37,272 shares of the company’s stock valued at $278,000 after buying an additional 4,050 shares in the last quarter. 36.35% of the stock is currently owned by institutional investors.
Under Armour Stock Down 1.2 %
Shares of NYSE UA opened at $5.09 on Friday. Under Armour, Inc. has a 1 year low of $4.62 and a 1 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 firm has a market cap of $2.19 billion, a PE ratio of -17.55 and a beta of 1.60. The company has a 50 day simple moving average of $6.53 and a 200 day simple moving average of $7.56.
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.
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