Under Armour, Inc. (NYSE:UAA) Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue decreased its holdings in Under Armour, Inc. (NYSE:UAA) by 6.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,350 shares of the company’s stock after selling 1,540 shares during the quarter. State of Alaska Department of Revenue’s holdings in Under Armour were worth $187,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Signaturefd LLC raised its stake in Under Armour by 119.2% during the third quarter. Signaturefd LLC now owns 4,090 shares of the company’s stock valued at $28,000 after buying an additional 2,224 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Under Armour during the fourth quarter valued at approximately $30,000. Quarry LP bought a new position in shares of Under Armour during the first quarter valued at approximately $32,000. Captrust Financial Advisors grew its holdings in shares of Under Armour by 34.9% during the second quarter. Captrust Financial Advisors now owns 6,973 shares of the company’s stock valued at $58,000 after purchasing an additional 1,805 shares during the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Under Armour by 43.3% in the 4th quarter. Global Retirement Partners LLC now owns 6,769 shares of the company’s stock worth $59,000 after buying an additional 2,044 shares in the last quarter. Institutional investors and hedge funds own 34.58% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Evercore ISI reissued an “underperform” rating and issued a $7.00 price objective (down from $8.00) on shares of Under Armour in a report on Thursday, March 14th. Williams Trading reissued a “hold” rating and issued a $8.00 price objective on shares of Under Armour in a report on Thursday, March 14th. TheStreet raised Under Armour from a “d+” rating to a “c-” rating in a report on Thursday, February 8th. BNP Paribas reissued a “neutral” rating on shares of Under Armour in a report on Thursday, March 14th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $9.00 target price on shares of Under Armour in a research report on Thursday, March 14th. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $8.65.

Under Armour Price Performance

Shares of NYSE:UAA opened at $6.56 on Friday. Under Armour, Inc. has a one year low of $6.29 and a one year high of $9.50. The stock has a fifty day moving average of $7.77 and a 200-day moving average of $7.74. The company has a market capitalization of $2.86 billion, a PE ratio of 7.29, a price-to-earnings-growth ratio of 1.14 and a beta of 1.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.13.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. Under Armour had a return on equity of 13.85% and a net margin of 6.98%. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm earned $0.16 EPS. The company’s quarterly revenue was down 6.1% compared to the same quarter last year. As a group, equities analysts anticipate that Under Armour, Inc. will post 0.52 EPS for the current fiscal year.

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.