Kestra Private Wealth Services LLC Sells 2,403 Shares of Under Armour, Inc. (NYSE:UA)

Kestra Private Wealth Services LLC cut its position in Under Armour, Inc. (NYSE:UA) by 8.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 27,192 shares of the company’s stock after selling 2,403 shares during the period. Kestra Private Wealth Services LLC’s holdings in Under Armour were worth $227,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in UA. Global Retirement Partners LLC grew its stake in shares of Under Armour by 61.7% in the fourth quarter. Global Retirement Partners LLC now owns 3,959 shares of the company’s stock worth $33,000 after purchasing an additional 1,511 shares during the last quarter. Truist Financial Corp raised its holdings in shares of Under Armour by 9.3% in the 4th quarter. Truist Financial Corp now owns 19,432 shares of the company’s stock worth $162,000 after acquiring an additional 1,646 shares during the last quarter. Resonant Capital Advisors LLC lifted its position in Under Armour by 6.5% in the 3rd quarter. Resonant Capital Advisors LLC now owns 28,383 shares of the company’s stock valued at $181,000 after acquiring an additional 1,734 shares in the last quarter. Texas Permanent School Fund Corp boosted its stake in Under Armour by 1.7% during the 3rd quarter. Texas Permanent School Fund Corp now owns 169,758 shares of the company’s stock valued at $1,083,000 after purchasing an additional 2,912 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Under Armour by 8.2% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 38,441 shares of the company’s stock worth $245,000 after purchasing an additional 2,925 shares in the last quarter. 36.35% of the stock is owned by institutional investors and hedge funds.

Under Armour Stock Performance

Shares of Under Armour stock opened at $6.64 on Friday. Under Armour, Inc. has a 52 week low of $5.86 and a 52 week high of $8.99. The company has a quick ratio of 1.38, a current ratio of 2.13 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average price of $6.92 and a 200-day moving average price of $7.38. The company has a market cap of $2.89 billion, a PE ratio of 7.46 and a beta of 1.61.

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