Jones Financial Companies Lllp Grows Stock Position in Under Armour, Inc. (NYSE:UA)

Jones Financial Companies Lllp increased its stake in shares of Under Armour, Inc. (NYSE:UA) by 118.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,017 shares of the company’s stock after buying an additional 11,379 shares during the quarter. Jones Financial Companies Lllp’s holdings in Under Armour were worth $157,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Fielder Capital Group LLC lifted its position in Under Armour by 17.9% during the fourth quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock worth $93,000 after buying an additional 1,898 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Under Armour during the fourth quarter worth approximately $149,000. Amalgamated Bank lifted its position in Under Armour by 3.5% during the fourth quarter. Amalgamated Bank now owns 62,753 shares of the company’s stock worth $468,000 after buying an additional 2,106 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Under Armour by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 938,078 shares of the company’s stock worth $6,998,000 after buying an additional 3,207 shares in the last quarter. Finally, Sigma Planning Corp purchased a new position in Under Armour during the fourth quarter worth approximately $82,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Price Performance

UA stock opened at $6.24 on Friday. The business has a fifty day moving average of $6.99 and a two-hundred day moving average of $7.71. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. The stock has a market cap of $2.68 billion, a price-to-earnings ratio of -21.50 and a beta of 1.60. Under Armour, Inc. has a 52-week low of $6.02 and a 52-week high of $10.62.

Under Armour (NYSE:UA) last posted 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 positive return on equity of 11.03% and a negative net margin of 2.39%. During the same quarter in the previous year, the business earned $0.25 earnings per share.

About Under Armour

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.