Los Angeles Capital Management LLC Takes $369,000 Position in Under Armour, Inc. (NYSE:UA)

Los Angeles Capital Management LLC acquired a new stake in Under Armour, Inc. (NYSE:UA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 44,165 shares of the company’s stock, valued at approximately $369,000.

Several other large investors also recently made changes to their positions in the stock. CWM LLC lifted its holdings in Under Armour by 31.1% during the 2nd quarter. CWM LLC now owns 12,628 shares of the company’s stock valued at $82,000 after purchasing an additional 2,995 shares during the last quarter. Resonant Capital Advisors LLC lifted its holdings in Under Armour by 16.2% during the 2nd quarter. Resonant Capital Advisors LLC now owns 25,705 shares of the company’s stock valued at $168,000 after purchasing an additional 3,582 shares during the last quarter. Summit Financial Strategies Inc. lifted its holdings in Under Armour by 24.9% during the 2nd quarter. Summit Financial Strategies Inc. now owns 19,415 shares of the company’s stock valued at $127,000 after purchasing an additional 3,868 shares during the last quarter. SFG Wealth Management LLC. lifted its holdings in Under Armour by 20.8% during the 3rd quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company’s stock valued at $194,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Profit Investment Management LLC lifted its holdings in Under Armour by 0.7% during the 2nd quarter. Profit Investment Management LLC now owns 569,878 shares of the company’s stock valued at $3,721,000 after purchasing an additional 4,009 shares during the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

Under Armour Trading Up 0.7 %

Shares of Under Armour stock opened at $8.97 on Monday. The business has a fifty day simple moving average of $8.04 and a two-hundred day simple moving average of $7.29. Under Armour, Inc. has a 1 year low of $6.02 and a 1 year high of $10.62. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of -224.25 and a beta of 1.64. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.18 and a quick ratio of 1.24.

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.