Raymond James Financial Services Advisors Inc. trimmed its holdings in shares of Under Armour, Inc. (NYSE:UA – Free Report) by 20.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,389 shares of the company’s stock after selling 4,574 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Under Armour were worth $145,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. MGO One Seven LLC bought a new stake in shares of Under Armour in the 3rd quarter valued at $69,000. Abundance Wealth Counselors bought a new stake in shares of Under Armour in the 3rd quarter valued at $92,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Under Armour in the 3rd quarter valued at $99,000. Resonant Capital Advisors LLC boosted its stake in shares of Under Armour by 6.5% in the 3rd quarter. Resonant Capital Advisors LLC now owns 28,383 shares of the company’s stock valued at $181,000 after purchasing an additional 1,734 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Under Armour by 8.2% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 38,441 shares of the company’s stock valued at $245,000 after purchasing an additional 2,925 shares during the last quarter. 36.35% of the stock is owned by institutional investors.
Under Armour Trading Down 2.0 %
NYSE:UA opened at $6.48 on Friday. The firm has a market cap of $2.82 billion, a P/E ratio of 7.28 and a beta of 1.62. Under Armour, Inc. has a 52 week low of $5.86 and a 52 week high of $8.99. The firm’s fifty day moving average is $7.28 and its 200-day moving average is $7.39. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.13.
Under Armour Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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.
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