Jones Financial Companies Lllp Acquires 15,531 Shares of Under Armour, Inc. (NYSE:UAA)

Jones Financial Companies Lllp increased its holdings in shares of Under Armour, Inc. (NYSE:UAA) by 28.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 69,679 shares of the company’s stock after acquiring an additional 15,531 shares during the period. Jones Financial Companies Lllp’s holdings in Under Armour were worth $577,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Creative Planning increased its stake in Under Armour by 28.0% in the third quarter. Creative Planning now owns 21,457 shares of the company’s stock worth $191,000 after purchasing an additional 4,695 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Under Armour by 11.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,860 shares of the company’s stock worth $123,000 after purchasing an additional 1,409 shares during the last quarter. State of Alaska Department of Revenue increased its stake in Under Armour by 7.0% in the 3rd quarter. State of Alaska Department of Revenue now owns 22,835 shares of the company’s stock worth $203,000 after buying an additional 1,485 shares during the period. Baker Avenue Asset Management LP bought a new stake in Under Armour during the 3rd quarter valued at about $92,000. Finally, Los Angeles Capital Management LLC purchased a new stake in Under Armour in the 3rd quarter valued at about $343,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Wall Street Analyst Weigh In

UAA has been the subject of a number of research reports. UBS Group lowered 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. Guggenheim reiterated a “neutral” rating on shares of Under Armour in a report on Friday, February 7th. KGI Securities started coverage on Under Armour in a research note on Friday. They set a “neutral” rating and a $7.40 price target on the stock. Evercore ISI lowered their price objective on shares of Under Armour from $8.00 to $7.00 and set an “underperform” rating for the company in a research note on Monday, February 10th. Finally, Morgan Stanley reissued an “underweight” rating and set a $4.00 target price on shares of Under Armour in a research report on Friday, December 13th. Three analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Under Armour currently has a consensus rating of “Hold” and a consensus price target of $8.99.

Under Armour Trading Up 2.7 %

Shares of NYSE:UAA opened at $7.09 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.19. The firm has a market capitalization of $3.05 billion, a P/E ratio of -24.43 and a beta of 1.63. The business’s 50-day moving average is $7.76 and its 200 day moving average is $8.43. Under Armour, Inc. has a 1 year low of $6.17 and a 1 year high of $11.89.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same period last year, the company posted $0.19 earnings per share. On average, research analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

About Under Armour

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.