Toronto Dominion Bank Boosts Position in Under Armour Inc (UA)

Toronto Dominion Bank boosted its holdings in shares of Under Armour Inc (NYSE:UA) by 12.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,642 shares of the company’s stock after purchasing an additional 8,957 shares during the period. Toronto Dominion Bank’s holdings in Under Armour were worth $1,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

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

Shares of Under Armour Inc (NYSE:UA) opened at $15.30 on Friday. Under Armour Inc has a one year low of $10.36 and a one year high of $21.81. The stock has a market cap of $7,130.00 and a PE ratio of -139.09.

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

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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.

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

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