WINTON GROUP Ltd Has $1.40 Million Holdings in Under Armour, Inc. (NYSE:UAA)

WINTON GROUP Ltd lessened its stake in shares of Under Armour, Inc. (NYSE:UAA) by 46.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 168,800 shares of the company’s stock after selling 146,030 shares during the quarter. WINTON GROUP Ltd’s holdings in Under Armour were worth $1,398,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in UAA. Vanguard Group Inc. grew its holdings in Under Armour by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 15,548,461 shares of the company’s stock valued at $128,741,000 after purchasing an additional 263,988 shares during the last quarter. FMR LLC boosted its holdings in shares of Under Armour by 144,746.6% during the 3rd quarter. FMR LLC now owns 9,659,823 shares of the company’s stock worth $86,069,000 after buying an additional 9,653,154 shares during the period. Disciplined Growth Investors Inc. MN boosted its holdings in shares of Under Armour by 6.1% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 5,740,622 shares of the company’s stock worth $51,149,000 after buying an additional 327,979 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Under Armour by 1.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,815,640 shares of the company’s stock valued at $39,873,000 after buying an additional 84,802 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Under Armour by 160.5% during the 4th quarter. American Century Companies Inc. now owns 4,013,671 shares of the company’s stock worth $33,233,000 after acquiring an additional 2,472,813 shares during the last quarter. 34.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on UAA. Morgan Stanley reiterated an “underweight” rating and issued a $4.00 price objective on shares of Under Armour in a research note on Friday, December 13th. Needham & Company LLC reiterated a “hold” rating on shares of Under Armour in a report on Friday, February 7th. KGI Securities initiated coverage on shares of Under Armour in a research note on Friday, March 7th. They issued a “neutral” rating and a $7.40 price objective on the stock. Telsey Advisory Group reaffirmed a “market perform” rating and set a $10.00 target price on shares of Under Armour in a research report on Thursday, February 6th. Finally, Guggenheim reissued a “neutral” rating on shares of Under Armour in a report on Friday, February 7th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Under Armour presently has a consensus rating of “Hold” and an average target price of $9.06.

Under Armour Price Performance

Shares of UAA stock opened at $6.34 on Friday. 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 stock’s fifty day simple moving average is $7.34 and its 200 day simple moving average is $8.30. Under Armour, Inc. has a one year low of $6.17 and a one year high of $11.89. The firm has a market cap of $2.72 billion, a price-to-earnings ratio of -21.84 and a beta of 1.63.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.08 earnings per share (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 quarter in the prior year, the company posted $0.19 earnings per share. On average, analysts expect that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Under Armour 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.