LS Investment Advisors LLC Acquires 4,722 Shares of Under Armour Inc (UA)

LS Investment Advisors LLC increased its holdings in Under Armour Inc (NYSE:UA) by 44.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,458 shares of the company’s stock after buying an additional 4,722 shares during the period. LS Investment Advisors LLC’s holdings in Under Armour were worth $206,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Janus Henderson Group PLC increased its position in shares of Under Armour by 579.2% during the third quarter. Janus Henderson Group PLC now owns 237,963 shares of the company’s stock worth $3,571,000 after purchasing an additional 202,927 shares in the last quarter. Personal Capital Advisors Corp increased its position in shares of Under Armour by 87.2% during the third quarter. Personal Capital Advisors Corp now owns 118,364 shares of the company’s stock worth $1,778,000 after purchasing an additional 55,129 shares in the last quarter. Great West Life Assurance Co. Can increased its position in shares of Under Armour by 25.0% during the third quarter. Great West Life Assurance Co. Can now owns 680,332 shares of the company’s stock worth $10,183,000 after purchasing an additional 136,129 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of Under Armour by 35.7% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 78,482 shares of the company’s stock worth $1,179,000 after purchasing an additional 20,627 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Under Armour by 41.2% during the third quarter. Schwab Charles Investment Management Inc. now owns 940,295 shares of the company’s stock worth $14,124,000 after purchasing an additional 274,335 shares in the last quarter. 34.59% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently issued reports on UA. Vetr downgraded Under Armour from a “sell” rating to a “strong sell” rating and set a $11.98 price target on the stock. in a research report on Thursday. DA Davidson set a $17.00 price target on Under Armour and gave the stock a “hold” rating in a research report on Wednesday, February 14th. JPMorgan Chase & Co. upped their price target on Under Armour from $10.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 14th. Raymond James Financial reaffirmed a “sell” rating on shares of Under Armour in a research report on Tuesday, February 13th. Finally, Susquehanna Bancshares reaffirmed a “sell” rating and set a $11.00 price target on shares of Under Armour in a research report on Tuesday, January 9th. Ten analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company. Under Armour has a consensus rating of “Hold” and a consensus target price of $15.67.

Shares of Under Armour Inc (NYSE UA) opened at $15.32 on Thursday. The firm has a market cap of $7,140.00 and a price-to-earnings ratio of -139.27. Under Armour Inc has a 1-year low of $10.36 and a 1-year high of $21.81.

Under Armour (NYSE:UA) last announced its quarterly earnings data on Tuesday, February 13th. The company reported ($0.20) earnings per share for the quarter. The company had revenue of $1.37 billion for the quarter. Under Armour had a negative net margin of 0.97% and a positive return on equity of 9.38%. During the same quarter in the previous year, the business earned $0.23 earnings per share.

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Under Armour Company Profile

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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Institutional Ownership by Quarter for Under Armour (NYSE:UA)

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