Deutsche Bank AG grew its position in shares of Under Armour, Inc. (NYSE:UA – Free Report) by 74.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,026 shares of the company’s stock after acquiring an additional 15,433 shares during the quarter. Deutsche Bank AG’s holdings in Under Armour were worth $214,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Nuveen Asset Management LLC increased its holdings in shares of Under Armour by 58.9% during the fourth quarter. Nuveen Asset Management LLC now owns 2,132,175 shares of the company’s stock valued at $15,906,000 after acquiring an additional 790,518 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Under Armour by 617.4% during the fourth quarter. Bank of America Corp DE now owns 1,555,160 shares of the company’s stock valued at $11,601,000 after acquiring an additional 1,338,376 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Under Armour by 1,477.2% during the fourth quarter. Janus Henderson Group PLC now owns 1,374,220 shares of the company’s stock valued at $10,245,000 after acquiring an additional 1,287,088 shares in the last quarter. Northern Trust Corp boosted its position in shares of Under Armour by 23.0% during the fourth quarter. Northern Trust Corp now owns 1,226,749 shares of the company’s stock valued at $9,152,000 after buying an additional 229,123 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Under Armour by 17.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 553,660 shares of the company’s stock valued at $4,130,000 after buying an additional 83,824 shares during the last quarter. Institutional investors own 36.35% of the company’s stock.
Under Armour Stock Up 0.1%
Shares of NYSE:UA opened at $4.92 on Friday. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 22.34 and a beta of 1.54. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. Under Armour, Inc. has a 12-month low of $4.62 and a 12-month high of $10.62. The business’s 50 day moving average is $6.04 and its 200 day moving average is $6.02.
Insider Activity at Under Armour
In related news, Director Dawn N. Fitzpatrick bought 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average price of $4.93 per share, with a total value of $493,000.00. Following the completion of the transaction, the director directly owned 133,696 shares in the company, valued at approximately $659,121.28. This represents a 296.77% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robert John Sweeney bought 100,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were bought at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the transaction, the director owned 133,696 shares of the company’s stock, valued at $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 202,045 shares of company stock valued at $991,000 over the last 90 days. Insiders own 15.60% of the company’s stock.
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.
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