Wealthfront Advisers LLC Acquires Shares of 100,524 Under Armour, Inc. (NYSE:UA)

Wealthfront Advisers LLC acquired a new stake in shares of Under Armour, Inc. (NYSE:UA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 100,524 shares of the company’s stock, valued at approximately $750,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Fielder Capital Group LLC boosted its stake in Under Armour by 17.9% during the 4th quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock valued at $93,000 after acquiring an additional 1,898 shares during the last quarter. Amalgamated Bank raised its holdings in shares of Under Armour by 3.5% during the fourth quarter. Amalgamated Bank now owns 62,753 shares of the company’s stock worth $468,000 after purchasing an additional 2,106 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Under Armour by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 938,078 shares of the company’s stock worth $6,998,000 after purchasing an additional 3,207 shares during the period. Sugar Maple Asset Management LLC acquired a new stake in shares of Under Armour during the fourth quarter worth $45,000. Finally, Barclays PLC raised its holdings in shares of Under Armour by 2.4% during the third quarter. Barclays PLC now owns 304,273 shares of the company’s stock worth $2,544,000 after purchasing an additional 7,108 shares during the period. 36.35% of the stock is currently owned by institutional investors.

Under Armour Stock Down 2.7 %

Shares of NYSE:UA opened at $6.24 on Friday. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of -21.50 and a beta of 1.60. Under Armour, Inc. has a 1-year low of $6.02 and a 1-year high of $10.62. The company’s fifty day moving average is $6.96 and its two-hundred day moving average is $7.70. 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 (NYSE:UA) last issued its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same quarter in the previous year, the business earned $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.