Arrowstreet Capital Limited Partnership Has $13.49 Million Position in Under Armour, Inc. (NYSE:UA)

Arrowstreet Capital Limited Partnership lifted its holdings in Under Armour, Inc. (NYSE:UA) by 26.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,808,152 shares of the company’s stock after acquiring an additional 374,664 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Under Armour were worth $13,489,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. FMR LLC lifted its stake in Under Armour by 841.6% in the third quarter. FMR LLC now owns 189,275 shares of the company’s stock valued at $1,582,000 after buying an additional 169,174 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Under Armour by 781.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 125,230 shares of the company’s stock valued at $1,047,000 after acquiring an additional 111,027 shares during the period. Quantinno Capital Management LP boosted its stake in Under Armour by 45.2% during the third quarter. Quantinno Capital Management LP now owns 104,477 shares of the company’s stock worth $873,000 after acquiring an additional 32,503 shares in the last quarter. Weiss Asset Management LP bought a new position in Under Armour during the third quarter worth $3,628,000. Finally, XTX Topco Ltd grew its holdings in Under Armour by 307.5% in the third quarter. XTX Topco Ltd now owns 108,788 shares of the company’s stock worth $909,000 after purchasing an additional 82,089 shares during the period. 36.35% of the stock is owned by institutional investors and hedge funds.

Under Armour Price Performance

Shares of NYSE UA opened at $5.09 on Friday. The firm has a market capitalization of $2.19 billion, a P/E ratio of -17.55 and a beta of 1.60. The firm’s 50-day moving average price is $6.53 and its 200-day moving average price is $7.56. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. Under Armour, Inc. has a 1-year low of $4.62 and a 1-year high of $10.62.

Under Armour (NYSE:UA) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.05. Under Armour had a positive return on equity of 11.03% and a negative net margin of 2.39%. During the same period last year, the company earned $0.25 EPS.

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.