Bamco Inc. NY grew its position in shares of Under Armour Inc (NYSE:UAA) by 10.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,704,996 shares of the company’s stock after purchasing an additional 750,325 shares during the period. Bamco Inc. NY owned approximately 1.75% of Under Armour worth $126,978,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of UAA. D.A. Davidson & CO. bought a new stake in shares of Under Armour in the second quarter worth $118,000. Municipal Employees Retirement System of Michigan acquired a new position in Under Armour in the second quarter worth $129,000. WFG Advisors LP acquired a new position in Under Armour in the second quarter worth $132,000. Hudock Capital Group LLC acquired a new position in Under Armour in the second quarter worth $134,000. Finally, Armor Investment Advisors LLC acquired a new position in Under Armour in the second quarter worth $134,000. Institutional investors own 31.22% of the company’s stock.

Shares of Under Armour Inc (NYSE UAA) traded up $0.35 during trading on Monday, reaching $13.63. 4,822,100 shares of the company’s stock traded hands, compared to its average volume of 5,531,796. The company has a current ratio of 2.23, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37. Under Armour Inc has a 12-month low of $11.40 and a 12-month high of $33.45. The company has a market capitalization of $6,020.33, a PE ratio of 33.24, a PEG ratio of 4.03 and a beta of -0.13.

Under Armour (NYSE:UAA) last issued its quarterly earnings results on Tuesday, October 31st. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Under Armour had a net margin of 2.94% and a return on equity of 9.32%. Under Armour’s revenue for the quarter was down 4.5% on a year-over-year basis. equities research analysts anticipate that Under Armour Inc will post 0.2 EPS for the current fiscal year.

A number of equities analysts have commented on UAA shares. Piper Jaffray Companies decreased their price objective on shares of Under Armour from $17.00 to $14.00 and set an “average” rating for the company in a report on Wednesday, October 11th. Jefferies Group reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Under Armour in a report on Thursday, September 7th. Pivotal Research began coverage on shares of Under Armour in a report on Thursday, October 5th. They set a “hold” rating and a $17.00 price target for the company. Stifel Nicolaus reissued a “hold” rating and set a $18.00 price target on shares of Under Armour in a report on Thursday, August 24th. Finally, Vetr raised shares of Under Armour from a “sell” rating to a “hold” rating and set a $16.78 price target for the company in a report on Monday, August 21st. Eighteen investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $16.92.

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About Under Armour

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

Institutional Ownership by Quarter for Under Armour (NYSE:UAA)

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