313,908 Shares in Under Armour, Inc. (NYSE:UA) Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. bought a new position in Under Armour, Inc. (NYSE:UA) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 313,908 shares of the company’s stock, valued at approximately $2,342,000. Edgestream Partners L.P. owned approximately 0.07% of Under Armour as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. BDT Capital Partners LLC increased its stake in shares of Under Armour by 0.3% in the 3rd quarter. BDT Capital Partners LLC now owns 60,000,000 shares of the company’s stock valued at $501,600,000 after acquiring an additional 161,901 shares in the last quarter. ABC Arbitrage SA acquired a new position in shares of Under Armour during the fourth quarter valued at about $819,000. BNP Paribas Financial Markets boosted 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 worth $1,047,000 after purchasing an additional 111,027 shares in the last quarter. XTX Topco Ltd grew its stake in shares of Under Armour by 307.5% in the 3rd quarter. XTX Topco Ltd now owns 108,788 shares of the company’s stock valued at $909,000 after buying an additional 82,089 shares during the period. Finally, Assenagon Asset Management S.A. bought a new stake in Under Armour in the 4th quarter valued at about $2,983,000. 36.35% of the stock is currently owned by institutional investors.

Under Armour Stock Up 1.2 %

Shares of NYSE:UA opened at $6.45 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.01. Under Armour, Inc. has a 52-week low of $6.02 and a 52-week high of $10.62. The business’s 50 day simple moving average is $7.05 and its two-hundred day simple moving average is $7.75. The firm has a market cap of $2.77 billion, a P/E ratio of -22.22 and a beta of 1.60.

Under Armour (NYSE:UA) last issued its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 in the previous year, the company posted $0.25 EPS.

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.