Values First Advisors Inc. Acquires 19,089 Shares of Under Armour, Inc. (NYSE:UA)

Values First Advisors Inc. raised its stake in Under Armour, Inc. (NYSE:UA) by 21.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 108,091 shares of the company’s stock after buying an additional 19,089 shares during the quarter. Values First Advisors Inc.’s holdings in Under Armour were worth $706,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in UA. BDT Capital Partners LLC raised its position in Under Armour by 22.6% in the 4th quarter. BDT Capital Partners LLC now owns 42,953,937 shares of the company’s stock valued at $358,665,000 after buying an additional 7,919,165 shares during the last quarter. Norges Bank bought a new stake in shares of Under Armour in the fourth quarter worth $19,686,000. Dimensional Fund Advisors LP boosted its holdings in Under Armour by 28.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 9,206,551 shares of the company’s stock worth $76,877,000 after purchasing an additional 2,065,273 shares during the last quarter. Edgestream Partners L.P. bought a new position in Under Armour in the first quarter valued at $1,217,000. Finally, AMH Equity Ltd acquired a new stake in Under Armour in the 1st quarter valued at $892,000. Institutional investors and hedge funds own 36.35% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus decreased their price target on Under Armour from $10.00 to $9.00 and set a “buy” rating for the company in a research note on Monday, June 24th.

Under Armour Stock Performance

UA traded down $0.10 during trading on Friday, hitting $7.72. The stock had a trading volume of 2,704,216 shares, compared to its average volume of 3,146,958. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.73 and a quick ratio of 1.08. The firm has a market cap of $3.37 billion, a price-to-earnings ratio of 14.57 and a beta of 1.65. The company has a 50 day moving average price of $6.74 and a 200-day moving average price of $6.98. Under Armour, Inc. has a one year low of $5.86 and a one year high of $8.99.

Under Armour (NYSE:UA) last posted its quarterly earnings data on Thursday, May 16th. The company reported $0.11 earnings per share (EPS) for the quarter. Under Armour had a negative net margin of 1.35% and a positive return on equity of 11.98%. The firm had revenue of $1.33 billion during the quarter. As a group, research analysts predict that Under Armour, Inc. will post 0.2 EPS for the current year.

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.