20,993 Shares in Under Armour, Inc. (NYSE:UAA) Purchased by Stevens Capital Management LP

Stevens Capital Management LP acquired a new stake in shares of Under Armour, Inc. (NYSE:UAA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,993 shares of the company’s stock, valued at approximately $174,000.

Several other institutional investors have also modified their holdings of UAA. FMR LLC increased its position in shares of Under Armour by 144,746.6% during the 3rd quarter. FMR LLC now owns 9,659,823 shares of the company’s stock valued at $86,069,000 after purchasing an additional 9,653,154 shares during the last quarter. Disciplined Growth Investors Inc. MN increased its position in Under Armour by 6.1% during the third quarter. Disciplined Growth Investors Inc. MN now owns 5,740,622 shares of the company’s stock valued at $51,149,000 after acquiring an additional 327,979 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Under Armour by 1.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,815,640 shares of the company’s stock valued at $39,873,000 after acquiring an additional 84,802 shares during the period. American Century Companies Inc. lifted its holdings in shares of Under Armour by 160.5% in the 4th quarter. American Century Companies Inc. now owns 4,013,671 shares of the company’s stock worth $33,233,000 after acquiring an additional 2,472,813 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Under Armour by 11.8% during the 4th quarter. Bank of New York Mellon Corp now owns 1,431,487 shares of the company’s stock worth $11,853,000 after purchasing an additional 150,958 shares during the period. 34.58% of the stock is owned by institutional investors.

Under Armour Price Performance

UAA opened at $6.39 on Wednesday. The firm has a market capitalization of $2.75 billion, a PE ratio of -22.03 and a beta of 1.63. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.19. The business’s 50-day moving average is $7.45 and its two-hundred day moving average is $8.34. Under Armour, Inc. has a 1 year low of $6.17 and a 1 year high of $11.89.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the company posted $0.19 EPS. Research analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Barclays decreased their price objective on shares of Under Armour from $11.00 to $8.00 and set an “equal weight” rating for the company in a research note on Monday, February 10th. 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. TD Cowen increased their target price on Under Armour from $10.00 to $11.00 and gave the stock a “hold” rating in a research note on Friday, December 13th. Evercore ISI lowered their target price on shares of Under Armour from $8.00 to $7.00 and set an “underperform” rating for the company in a research note on Monday, February 10th. Finally, Argus downgraded shares of Under Armour from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target 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.