Tradewinds LLC. Reduces Stake in Under Armour, Inc. (NYSE:UA)

Tradewinds LLC. lessened its position in shares of Under Armour, Inc. (NYSE:UA) by 47.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,000 shares of the company’s stock after selling 11,000 shares during the quarter. Tradewinds LLC.’s holdings in Under Armour were worth $90,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership increased its holdings in Under Armour by 26.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,808,152 shares of the company’s stock valued at $13,489,000 after buying an additional 374,664 shares during the last quarter. Norges Bank bought a new stake in shares of Under Armour during the 4th quarter valued at $18,688,000. Blair William & Co. IL increased its stake in shares of Under Armour by 12.2% in the 4th quarter. Blair William & Co. IL now owns 37,272 shares of the company’s stock worth $278,000 after purchasing an additional 4,050 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Under Armour in the 4th quarter worth $257,000. Finally, American Century Companies Inc. lifted its position in Under Armour by 182.3% during the fourth quarter. American Century Companies Inc. now owns 2,250,631 shares of the company’s stock valued at $16,790,000 after purchasing an additional 1,453,399 shares in the last quarter. Institutional investors own 36.35% of the company’s stock.

Under Armour Stock Performance

Shares of UA opened at $6.12 on Wednesday. The business has a 50-day simple moving average of $6.65 and a two-hundred day simple moving average of $7.60. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a 52 week low of $5.85 and a 52 week high of $10.62. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of -21.09 and a beta of 1.60.

Under Armour (NYSE:UA) last released its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (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 period last year, the business posted $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.