Roffman Miller Associates Inc. PA cut its stake in shares of Under Armour Inc (NYSE:UAA) by 69.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,033 shares of the company’s stock after selling 49,366 shares during the quarter. Roffman Miller Associates Inc. PA’s holdings in Under Armour were worth $318,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in UAA. Aldebaran Financial Inc. lifted its holdings in shares of Under Armour by 8.3% during the 2nd quarter. Aldebaran Financial Inc. now owns 27,310 shares of the company’s stock valued at $594,000 after purchasing an additional 2,090 shares in the last quarter. Nationwide Fund Advisors lifted its stake in Under Armour by 6.8% in the 3rd quarter. Nationwide Fund Advisors now owns 52,432 shares of the company’s stock valued at $864,000 after acquiring an additional 3,338 shares in the last quarter. Commerzbank Aktiengesellschaft FI increased its position in shares of Under Armour by 0.4% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 835,601 shares of the company’s stock worth $12,058,000 after purchasing an additional 3,538 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Under Armour by 42.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 14,180 shares of the company’s stock worth $204,000 after purchasing an additional 4,230 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its position in shares of Under Armour by 17.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 34,000 shares of the company’s stock worth $491,000 after purchasing an additional 5,000 shares during the last quarter. Institutional investors own 31.93% of the company’s stock.
Shares of Under Armour Inc (NYSE:UAA) traded down $0.75 during mid-day trading on Friday, reaching $17.66. The company’s stock had a trading volume of 8,725,381 shares, compared to its average volume of 8,241,964. Under Armour Inc has a 52-week low of $11.40 and a 52-week high of $23.46. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.16 and a current ratio of 2.20. The company has a market capitalization of $7,380.00, a price-to-earnings ratio of -160.45, a P/E/G ratio of 5.78 and a beta of -0.04.
A number of research analysts have commented on UAA shares. UBS Group decreased their price objective on Under Armour from $19.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday, November 1st. Zacks Investment Research downgraded Under Armour from a “hold” rating to a “sell” rating in a research report on Wednesday, December 13th. Citigroup restated a “neutral” rating and set a $17.00 price objective on shares of Under Armour in a research report on Wednesday. Wedbush restated a “neutral” rating and set a $11.00 price objective (down from $17.00) on shares of Under Armour in a research report on Wednesday, November 1st. Finally, Pivotal Research increased their target price on Under Armour from $14.00 to $16.00 and gave the company a “hold” rating in a research report on Wednesday. Nineteen equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have assigned a buy rating to the stock. Under Armour has a consensus rating of “Hold” and an average target price of $14.71.
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About Under Armour
Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.
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