Yousif Capital Management LLC Sells 1,540 Shares of Under Armour, Inc. (NYSE:UA)

Yousif Capital Management LLC cut its position in shares of Under Armour, Inc. (NYSE:UA) by 1.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 90,567 shares of the company’s stock after selling 1,540 shares during the period. Yousif Capital Management LLC’s holdings in Under Armour were worth $756,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Keener Financial Planning LLC bought a new stake in shares of Under Armour during the fourth quarter valued at approximately $25,000. GAMMA Investing LLC bought a new stake in Under Armour in the fourth quarter valued at $25,000. Global Retirement Partners LLC grew its position in Under Armour by 61.7% in the fourth quarter. Global Retirement Partners LLC now owns 3,959 shares of the company’s stock valued at $33,000 after acquiring an additional 1,511 shares during the period. MGO One Seven LLC bought a new stake in Under Armour in the third quarter valued at $69,000. Finally, Abundance Wealth Counselors bought a new stake in Under Armour in the third quarter valued at $92,000. 36.35% of the stock is currently owned by institutional investors.

Under Armour Stock Performance

Shares of NYSE:UA opened at $6.56 on Monday. The business’s fifty day moving average price is $7.08 and its two-hundred day moving average price is $7.40. Under Armour, Inc. has a fifty-two week low of $5.86 and a fifty-two week high of $8.99. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 7.37 and a beta of 1.61. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.13 and a quick ratio of 1.38.

Under Armour (NYSE:UA) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.09. Under Armour had a return on equity of 13.85% and a net margin of 6.98%. The firm had revenue of $1.49 billion for the quarter. During the same quarter last year, the company earned $0.16 earnings per share.

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.