Tudor Investment Corp ET AL purchased a new stake in Under Armour, Inc. (NYSE:UA – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 15,109 shares of the company’s stock, valued at approximately $113,000.
A number of other institutional investors and hedge funds also recently modified their holdings of UA. Norges Bank acquired a new stake in Under Armour during the fourth quarter worth about $18,688,000. American Century Companies Inc. raised its holdings in Under Armour by 182.3% in the fourth quarter. American Century Companies Inc. now owns 2,250,631 shares of the company’s stock valued at $16,790,000 after buying an additional 1,453,399 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Under Armour by 26.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,808,152 shares of the company’s stock valued at $13,489,000 after buying an additional 374,664 shares in the last quarter. Boston Partners increased its position in shares of Under Armour by 1,317.3% in the fourth quarter. Boston Partners now owns 1,722,420 shares of the company’s stock worth $12,852,000 after acquiring an additional 1,600,893 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Under Armour by 265.8% in the 4th quarter. Renaissance Technologies LLC now owns 1,293,200 shares of the company’s stock valued at $9,647,000 after acquiring an additional 939,700 shares during the period. Institutional investors and hedge funds own 36.35% of the company’s stock.
Under Armour Stock Down 1.8 %
Shares of Under Armour stock opened at $5.59 on Friday. Under Armour, Inc. has a twelve month low of $4.62 and a twelve month high of $10.62. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of -19.28 and a beta of 1.47. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. The company has a fifty day moving average price of $5.73 and a 200 day moving average price of $7.05.
About Under Armour
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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