Dimensional Fund Advisors LP Has $79.83 Million Stock Holdings in Under Armour, Inc. (NYSE:UAA)

Dimensional Fund Advisors LP decreased its holdings in shares of Under Armour, Inc. (NYSE:UAA) by 6.3% during the 4th quarter, Holdings Channel reports. The firm owned 9,641,828 shares of the company’s stock after selling 644,765 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Under Armour were worth $79,834,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Compagnie Lombard Odier SCmA bought a new position in shares of Under Armour during the 4th quarter worth approximately $25,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Under Armour during the fourth quarter worth $27,000. SBI Securities Co. Ltd. acquired a new stake in Under Armour in the fourth quarter worth $40,000. Harbour Investments Inc. grew its holdings in Under Armour by 438.2% in the fourth quarter. Harbour Investments Inc. now owns 6,141 shares of the company’s stock worth $51,000 after purchasing an additional 5,000 shares during the period. Finally, Versant Capital Management Inc increased its stake in Under Armour by 63.2% in the fourth quarter. Versant Capital Management Inc now owns 10,037 shares of the company’s stock valued at $83,000 after purchasing an additional 3,885 shares in the last quarter. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Price Performance

UAA opened at $5.82 on Wednesday. The firm has a market cap of $2.50 billion, a P/E ratio of -20.07 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. Under Armour, Inc. has a fifty-two week low of $4.78 and a fifty-two week high of $11.89. The firm has a 50-day moving average of $6.25 and a 200 day moving average of $7.87.

Under Armour (NYSE:UAA) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter, topping 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 last year, the company posted $0.19 earnings per share. On average, research analysts expect that Under Armour, Inc. will post 0.3 EPS for the current year.

Analysts Set New Price Targets

UAA has been the subject of several research reports. Citigroup reduced their target price on Under Armour from $8.00 to $6.00 and set a “neutral” rating for the company in a research note on Monday. KGI Securities assumed coverage on Under Armour in a research report on Friday, March 7th. They set a “neutral” rating and a $7.40 target price on the stock. Needham & Company LLC reissued a “hold” rating on shares of Under Armour in a research report on Friday, February 7th. Telsey Advisory Group restated a “market perform” rating and set a $10.00 price objective on shares of Under Armour in a report on Thursday, February 6th. Finally, Barclays decreased their target price on shares of Under Armour from $11.00 to $8.00 and set an “equal weight” rating for the company in a research report on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $9.06.

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.