Under Armour Inc (UA) Shares Sold by Sigma Planning Corp

Sigma Planning Corp cut its position in shares of Under Armour Inc (NYSE:UA) by 63.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,781 shares of the company’s stock after selling 24,230 shares during the period. Sigma Planning Corp’s holdings in Under Armour were worth $184,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UA. LS Investment Advisors LLC raised its position in shares of Under Armour by 44.0% in the 4th quarter. LS Investment Advisors LLC now owns 15,458 shares of the company’s stock worth $206,000 after acquiring an additional 4,722 shares in the last quarter. Mutual of America Capital Management LLC raised its position in shares of Under Armour by 32.0% in the 4th quarter. Mutual of America Capital Management LLC now owns 20,967 shares of the company’s stock worth $279,000 after acquiring an additional 5,077 shares in the last quarter. California Public Employees Retirement System raised its position in shares of Under Armour by 0.8% in the 3rd quarter. California Public Employees Retirement System now owns 655,734 shares of the company’s stock worth $9,849,000 after acquiring an additional 5,500 shares in the last quarter. ING Groep NV raised its position in shares of Under Armour by 58.3% in the 3rd quarter. ING Groep NV now owns 16,086 shares of the company’s stock worth $242,000 after acquiring an additional 5,924 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of Under Armour by 10.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 69,837 shares of the company’s stock worth $1,049,000 after acquiring an additional 6,426 shares in the last quarter. 34.59% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently commented on UA. DA Davidson set a $17.00 price target on Under Armour and gave the stock a “hold” rating in a research report on Wednesday, February 14th. JPMorgan Chase & Co. boosted their price target on Under Armour from $10.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, February 14th. Raymond James Financial reiterated a “sell” rating on shares of Under Armour in a research note on Tuesday, February 13th. Vetr downgraded Under Armour from a “strong-buy” rating to a “hold” rating and set a $14.92 price target on the stock. in a research note on Wednesday, February 14th. Finally, Piper Jaffray Companies set a $11.00 price target on Under Armour and gave the company a “hold” rating in a research note on Tuesday, October 31st. Nine research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $15.81.

Under Armour Inc (NYSE:UA) opened at $15.78 on Monday. Under Armour Inc has a fifty-two week low of $10.36 and a fifty-two week high of $21.81. The company has a market capitalization of $6,969.98, a P/E ratio of 87.67 and a beta of 0.70.

Under Armour (NYSE:UA) last announced its earnings results on Tuesday, February 13th. The company reported ($0.20) EPS for the quarter. Under Armour had a negative net margin of 0.97% and a positive return on equity of 9.38%. The firm had revenue of $1.37 billion for the quarter. During the same period in the prior year, the firm earned $0.23 earnings per share.

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About Under Armour

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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Institutional Ownership by Quarter for Under Armour (NYSE:UA)

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