Under Armour, Inc. (NYSE:UA) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC grew its stake in shares of Under Armour, Inc. (NYSE:UA) by 1,477.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,374,220 shares of the company’s stock after acquiring an additional 1,287,088 shares during the period. Janus Henderson Group PLC owned about 0.32% of Under Armour worth $10,245,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of UA. Norges Bank purchased a new position in shares of Under Armour during the 4th quarter worth approximately $18,688,000. Boston Partners grew its stake in Under Armour by 1,317.3% in the 4th quarter. Boston Partners now owns 1,722,420 shares of the company’s stock worth $12,852,000 after acquiring an additional 1,600,893 shares during the period. American Century Companies Inc. grew its stake in Under Armour by 182.3% in the 4th quarter. American Century Companies Inc. now owns 2,250,631 shares of the company’s stock worth $16,790,000 after acquiring an additional 1,453,399 shares during the period. Bank of America Corp DE grew its stake in Under Armour by 617.4% in the 4th quarter. Bank of America Corp DE now owns 1,555,160 shares of the company’s stock worth $11,601,000 after acquiring an additional 1,338,376 shares during the period. Finally, Renaissance Technologies LLC grew its stake in Under Armour by 265.8% in the 4th quarter. Renaissance Technologies LLC now owns 1,293,200 shares of the company’s stock worth $9,647,000 after acquiring an additional 939,700 shares during the period. 36.35% of the stock is owned by hedge funds and other institutional investors.

Under Armour Stock Up 2.3%

UA stock opened at $6.35 on Friday. The stock has a market capitalization of $2.73 billion, a P/E ratio of -21.88 and a beta of 1.47. 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 one year low of $4.62 and a one year high of $10.62. The company has a 50 day moving average price of $5.69 and a two-hundred day moving average price of $6.99.

Under Armour (NYSE:UA) last released its earnings results on Tuesday, May 13th. The company reported ($0.08) EPS for the quarter, hitting the consensus estimate of ($0.08). The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%.

About Under Armour

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.