Under Armour, Inc. (NYSE:UAA) Shares Bought by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. increased its position in Under Armour, Inc. (NYSE:UAA) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,528,935 shares of the company’s stock after acquiring an additional 533,417 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 1.28% of Under Armour worth $45,780,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. MCF Advisors LLC grew its holdings in Under Armour by 7.6% in the fourth quarter. MCF Advisors LLC now owns 20,187 shares of the company’s stock valued at $167,000 after purchasing an additional 1,419 shares during the last quarter. Optas LLC increased its holdings in Under Armour by 5.5% during the 4th quarter. Optas LLC now owns 28,519 shares of the company’s stock valued at $236,000 after acquiring an additional 1,484 shares in the last quarter. Mariner LLC raised its position in Under Armour by 10.0% during the fourth quarter. Mariner LLC now owns 17,006 shares of the company’s stock worth $141,000 after acquiring an additional 1,552 shares during the last quarter. Amalgamated Bank grew its position in shares of 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 purchasing an additional 2,014 shares during the last quarter. Finally, Swiss National Bank increased its stake in shares of Under Armour by 0.8% during the 4th quarter. Swiss National Bank now owns 371,400 shares of the company’s stock worth $3,075,000 after purchasing an additional 2,800 shares in the last quarter. 34.58% of the stock is owned by hedge funds and other institutional investors.

Under Armour Stock Performance

Shares of UAA opened at $5.80 on Thursday. The company has a market capitalization of $2.49 billion, a PE ratio of -20.00 and a beta of 1.49. 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 company’s 50 day moving average price is $6.39 and its 200 day moving average price is $7.96. Under Armour, Inc. has a 52 week low of $4.78 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, beating the consensus estimate 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 quarter in the previous year, the company posted $0.19 EPS. Research analysts expect that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Needham & Company LLC restated a “hold” rating on shares of Under Armour in a report on Friday, February 7th. KGI Securities began coverage on shares of Under Armour in a research note on Friday, March 7th. They set a “neutral” rating and a $7.40 price objective on the stock. Guggenheim reaffirmed a “neutral” rating on shares of Under Armour in a research note on Friday, February 7th. Barclays reduced their price target on Under Armour from $11.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Monday, February 10th. Finally, StockNews.com upgraded Under Armour from a “sell” rating to a “hold” rating in a research note on Thursday, March 20th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $9.12.

Under Armour Company 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.