Amalgamated Bank reduced its holdings in Under Armour, Inc. (NYSE:UA – Free Report) by 49.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 60,647 shares of the company’s stock after selling 60,429 shares during the period. Amalgamated Bank’s holdings in Under Armour were worth $507,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of UA. Dimensional Fund Advisors LP lifted its position in shares of Under Armour by 7.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,089,780 shares of the company’s stock worth $72,415,000 after buying an additional 795,803 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Under Armour by 14.2% in the 2nd quarter. Victory Capital Management Inc. now owns 6,059,071 shares of the company’s stock worth $39,566,000 after acquiring an additional 752,018 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of Under Armour in the 2nd quarter worth about $4,579,000. Edgestream Partners L.P. acquired a new stake in shares of Under Armour in the 1st quarter worth about $1,217,000. Finally, Tidal Investments LLC acquired a new stake in shares of Under Armour in the 1st quarter worth about $476,000. 36.35% of the stock is currently owned by institutional investors.
Under Armour Stock Up 0.7 %
UA stock opened at $8.97 on Friday. The company has a quick ratio of 1.24, a current ratio of 2.18 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $10.62. The firm’s 50-day simple moving average is $8.04 and its 200 day simple moving average is $7.29. The stock has a market cap of $3.88 billion, a PE ratio of -224.25 and a beta of 1.64.
Under Armour Company 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.
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