Harbour Investments Inc. Has $26,000 Holdings in Under Armour, Inc. (NYSE:UA)

Harbour Investments Inc. grew its holdings in Under Armour, Inc. (NYSE:UA) by 592.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,506 shares of the company’s stock after acquiring an additional 3,000 shares during the period. Harbour Investments Inc.’s holdings in Under Armour were worth $26,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Sugar Maple Asset Management LLC bought a new stake in Under Armour in the 4th quarter valued at $45,000. Kercheville Advisors LLC acquired a new position in shares of Under Armour in the fourth quarter valued at $75,000. Sigma Planning Corp bought a new position in shares of Under Armour in the fourth quarter valued at about $82,000. Fielder Capital Group LLC lifted its stake in shares of Under Armour by 17.9% during the 4th quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock worth $93,000 after buying an additional 1,898 shares during the last quarter. Finally, Avantax Advisory Services Inc. bought a new stake in shares of Under Armour during the 4th quarter worth about $110,000. 36.35% of the stock is currently owned by institutional investors.

Under Armour Stock Up 1.7 %

Under Armour stock opened at $6.21 on Tuesday. The company’s 50-day moving average price is $6.81 and its two-hundred day moving average price is $7.64. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. The stock has a market cap of $2.67 billion, a P/E ratio of -21.40 and a beta of 1.60. Under Armour, Inc. has a twelve month low of $5.93 and a twelve month high of $10.62.

Under Armour (NYSE:UA) last announced its earnings results on Thursday, February 13th. 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 quarter last year, the company earned $0.25 EPS.

Under Armour Company 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.