Virtu Financial LLC Raises Holdings in Under Armour, Inc. (NYSE:UAA)

Virtu Financial LLC increased its stake in shares of Under Armour, Inc. (NYSE:UAA) by 22.4% in the 4th quarter, HoldingsChannel reports. The firm owned 38,673 shares of the company’s stock after buying an additional 7,076 shares during the quarter. Virtu Financial LLC’s holdings in Under Armour were worth $320,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UAA. Nomura Asset Management Co. Ltd. increased its position in Under Armour by 163.6% during the third quarter. Nomura Asset Management Co. Ltd. now owns 2,900 shares of the company’s stock worth $26,000 after buying an additional 1,800 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in shares of Under Armour during the fourth quarter valued at $25,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Under Armour during the 4th quarter worth about $27,000. SBI Securities Co. Ltd. acquired a new position in Under Armour in the 4th quarter valued at about $40,000. Finally, Harbour Investments Inc. lifted its holdings in Under Armour by 438.2% in the 4th quarter. Harbour Investments Inc. now owns 6,141 shares of the company’s stock valued at $51,000 after purchasing an additional 5,000 shares in the last quarter. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Price Performance

Shares of NYSE UAA opened at $6.34 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.19. Under Armour, Inc. has a 1-year low of $6.17 and a 1-year high of $11.89. The company has a market capitalization of $2.72 billion, a price-to-earnings ratio of -21.84 and a beta of 1.63. The business has a 50-day moving average of $7.34 and a 200-day moving average of $8.30.

Under Armour (NYSE:UAA) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same period in the previous year, the firm posted $0.19 earnings per share. On average, equities analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Telsey Advisory Group reiterated a “market perform” rating and set a $10.00 price target on shares of Under Armour in a report on Thursday, February 6th. Barclays lowered their target price 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. UBS Group cut their price target on Under Armour from $16.00 to $15.00 and set a “buy” rating for the company in a report on Tuesday, January 28th. Morgan Stanley restated an “underweight” rating and set a $4.00 price objective on shares of Under Armour in a report on Friday, December 13th. Finally, 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 report on Friday, December 13th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Under Armour presently has a consensus rating of “Hold” and an average 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.