AlphaQuest LLC Has $158,000 Holdings in Under Armour, Inc. (NYSE:UA)

AlphaQuest LLC cut its stake in shares of Under Armour, Inc. (NYSE:UA) by 42.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 21,231 shares of the company’s stock after selling 15,584 shares during the quarter. AlphaQuest LLC’s holdings in Under Armour were worth $158,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of UA. BDT Capital Partners LLC increased its holdings in Under Armour by 0.3% in the third quarter. BDT Capital Partners LLC now owns 60,000,000 shares of the company’s stock valued at $501,600,000 after purchasing an additional 161,901 shares during the period. ABC Arbitrage SA acquired a new stake in Under Armour in the fourth quarter valued at $819,000. BNP Paribas Financial Markets increased its holdings in Under Armour by 781.7% in the third quarter. BNP Paribas Financial Markets now owns 125,230 shares of the company’s stock valued at $1,047,000 after purchasing an additional 111,027 shares during the period. XTX Topco Ltd increased its holdings in Under Armour by 307.5% in the third quarter. XTX Topco Ltd now owns 108,788 shares of the company’s stock valued at $909,000 after purchasing an additional 82,089 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new stake in Under Armour in the fourth quarter valued at $2,983,000. 36.35% of the stock is currently owned by institutional investors and hedge funds.

Under Armour Stock Performance

NYSE UA opened at $6.38 on Tuesday. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of -21.98 and a beta of 1.60. Under Armour, Inc. has a twelve month low of $6.02 and a twelve month high of $10.62. The stock has a fifty day simple moving average of $6.94 and a 200 day simple moving average of $7.69. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30.

Under Armour (NYSE:UA) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.08 earnings per share for the quarter, beating 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 period in the prior year, the business earned $0.25 earnings per share.

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.