South Dakota Investment Council Has $1.24 Million Holdings in Under Armour, Inc. (NYSE:UA)

South Dakota Investment Council grew its holdings in Under Armour, Inc. (NYSE:UA) by 7.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 148,043 shares of the company’s stock after purchasing an additional 9,776 shares during the period. South Dakota Investment Council’s holdings in Under Armour were worth $1,236,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Under Armour by 2.6% in the third quarter. Vanguard Group Inc. now owns 19,592,344 shares of the company’s stock valued at $124,999,000 after purchasing an additional 499,162 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Under Armour by 8.8% during the third quarter. Victory Capital Management Inc. now owns 4,704,169 shares of the company’s stock worth $30,013,000 after buying an additional 381,543 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Under Armour by 1.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,195,916 shares of the company’s stock worth $26,770,000 after buying an additional 50,468 shares during the last quarter. ING Groep NV acquired a new position in Under Armour during the third quarter worth $6,600,000. Finally, Principal Financial Group Inc. increased its holdings in Under Armour by 3.6% during the third quarter. Principal Financial Group Inc. now owns 737,487 shares of the company’s stock worth $4,705,000 after buying an additional 25,970 shares during the last quarter. 36.35% of the stock is currently owned by institutional investors and hedge funds.

Under Armour Price Performance

Shares of UA opened at $6.61 on Thursday. The company has a market cap of $2.88 billion, a price-to-earnings ratio of 7.43 and a beta of 1.62. Under Armour, Inc. has a 1-year low of $5.86 and a 1-year high of $8.99. The company’s fifty day simple moving average is $7.31 and its 200 day simple moving average is $7.39. The company has a current ratio of 2.13, a quick ratio of 1.38 and a debt-to-equity ratio of 0.27.

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