Toronto Dominion Bank grew its stake in Under Armour, Inc. (NYSE:UA) by 41.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 85,917 shares of the company’s stock after purchasing an additional 25,004 shares during the quarter. Toronto Dominion Bank’s holdings in Under Armour were worth $1,595,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mutual of America Capital Management LLC lifted its position in shares of Under Armour by 2.1% in the 2nd quarter. Mutual of America Capital Management LLC now owns 25,709 shares of the company’s stock valued at $477,000 after acquiring an additional 536 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of Under Armour by 33.0% during the 1st quarter. Captrust Financial Advisors now owns 2,344 shares of the company’s stock worth $43,000 after purchasing an additional 581 shares during the period. Thrivent Financial for Lutherans increased its holdings in shares of Under Armour by 0.5% during the 1st quarter. Thrivent Financial for Lutherans now owns 153,089 shares of the company’s stock worth $2,826,000 after purchasing an additional 786 shares during the period. Oregon Public Employees Retirement Fund increased its stake in Under Armour by 5.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 16,257 shares of the company’s stock valued at $302,000 after acquiring an additional 850 shares during the period. Finally, Lincoln National Corp grew its stake in Under Armour by 5.1% during the first quarter. Lincoln National Corp now owns 39,516 shares of the company’s stock worth $729,000 after buying an additional 1,933 shares during the last quarter. Hedge funds and other institutional investors own 37.05% of the company’s stock.
Shares of UA stock opened at $18.04 on Wednesday. Under Armour, Inc. has a 12 month low of $9.20 and a 12 month high of $22.16. The company has a current ratio of 2.31, a quick ratio of 1.66 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $8.45 billion, a PE ratio of 22.84 and a beta of 1.38. The firm has a fifty day simple moving average of $19.39 and a two-hundred day simple moving average of $19.01.
Separately, Cowen upped their target price on shares of Under Armour from $31.00 to $33.00 and gave the company an “outperform” rating in a research note on Wednesday, August 4th.
Under Armour Company Profile
Under Armour, Inc engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. It operates through the following segments: North America, EMEA, Asia-Pacific, Latin America, and Connected Fitness. The North America segment comprises of U.S.
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