Mutual of America Capital Management LLC Reduces Holdings in Under Armour, Inc. (NYSE:UA)

Mutual of America Capital Management LLC cut its stake in shares of Under Armour, Inc. (NYSE:UA) by 8.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 119,696 shares of the company’s stock after selling 10,377 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Under Armour were worth $999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Under Armour by 2.6% during the 3rd quarter. Vanguard Group Inc. now owns 19,592,344 shares of the company’s stock valued at $124,999,000 after acquiring an additional 499,162 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Under Armour during the 3rd quarter valued at about $880,000. Assenagon Asset Management S.A. purchased a new stake in Under Armour during the 3rd quarter valued at about $1,811,000. ING Groep NV purchased a new stake in Under Armour in the 3rd quarter worth approximately $6,600,000. Finally, Seven Eight Capital LP lifted its holdings in Under Armour by 66.8% in the 3rd quarter. Seven Eight Capital LP now owns 49,798 shares of the company’s stock worth $318,000 after buying an additional 19,939 shares during the period. 36.35% of the stock is currently owned by hedge funds and other institutional investors.

Under Armour Trading Up 1.4 %

NYSE UA opened at $6.56 on Tuesday. Under Armour, Inc. has a fifty-two week low of $5.86 and a fifty-two week high of $8.99. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.13. The stock has a 50 day simple moving average of $7.33 and a two-hundred day simple moving average of $7.39. The stock has a market cap of $2.86 billion, a P/E ratio of 7.37 and a beta of 1.63.

Under Armour (NYSE:UA) last released its quarterly earnings data on Thursday, February 8th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.09. Under Armour had a return on equity of 13.85% and a net margin of 6.98%. The business had revenue of $1.49 billion during the quarter. During the same quarter last year, the business posted $0.16 EPS.

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.