Under Armour, Inc. (NYSE:UAA) Shares Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. boosted its holdings in Under Armour, Inc. (NYSE:UAA) by 10.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 127,071 shares of the company’s stock after buying an additional 11,624 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Under Armour were worth $1,052,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. DRW Securities LLC acquired a new stake in shares of Under Armour during the 4th quarter worth about $200,000. Raymond James Financial Inc. purchased a new stake in shares of Under Armour during the 4th quarter worth approximately $439,000. Renaissance Technologies LLC boosted its holdings in shares of Under Armour by 13.7% in the 4th quarter. Renaissance Technologies LLC now owns 4,837,800 shares of the company’s stock valued at $40,057,000 after buying an additional 581,800 shares in the last quarter. FMR LLC grew its position in shares of Under Armour by 193.2% in the 4th quarter. FMR LLC now owns 28,317,951 shares of the company’s stock valued at $234,473,000 after buying an additional 18,658,128 shares during the last quarter. Finally, Polymer Capital Management HK LTD purchased a new stake in Under Armour in the fourth quarter valued at $381,000. 34.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UAA. Needham & Company LLC restated a “hold” rating on shares of Under Armour in a research note on Friday, February 7th. UBS Group reduced their price target on shares of Under Armour from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Tuesday, January 28th. Guggenheim restated a “neutral” rating on shares of Under Armour in a research note on Friday, February 7th. Stifel Nicolaus lowered their price target on Under Armour from $13.00 to $11.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $10.00 price objective on shares of Under Armour in a research report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $9.12.

Under Armour Trading Down 1.4 %

Shares of Under Armour stock opened at $5.75 on Tuesday. The company has a 50-day moving average of $6.41 and a two-hundred day moving average of $7.98. The stock has a market cap of $2.47 billion, a PE ratio of -19.83 and a beta of 1.49. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a 12-month low of $4.78 and a 12-month 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 the consensus estimate 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 in the previous year, the firm earned $0.19 earnings per share. On average, research analysts anticipate that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

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.