14,800 Shares in Under Armour, Inc. (NYSE:UA) Acquired by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. acquired a new stake in Under Armour, Inc. (NYSE:UA) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 14,800 shares of the company’s stock, valued at approximately $110,000.

A number of other hedge funds also recently made changes to their positions in UA. Sugar Maple Asset Management LLC bought a new position in shares of Under Armour during the fourth quarter worth about $45,000. Kercheville Advisors LLC bought a new position in Under Armour during the 4th quarter worth approximately $75,000. Sigma Planning Corp acquired a new position in shares of Under Armour in the 4th quarter worth approximately $82,000. Fielder Capital Group LLC increased its holdings in shares of Under Armour by 17.9% in the 4th quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock valued at $93,000 after acquiring an additional 1,898 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Under Armour during the 4th quarter valued at approximately $149,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Stock Performance

Shares of NYSE UA opened at $6.04 on Friday. Under Armour, Inc. has a 52-week low of $5.93 and a 52-week high of $10.62. The stock has a market capitalization of $2.59 billion, a P/E ratio of -20.81 and a beta of 1.60. 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 firm’s 50-day moving average price is $6.74 and its two-hundred day moving average price is $7.60.

Under Armour (NYSE:UA) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.08 EPS for the quarter, topping 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 quarter last year, the company 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.