Boston Partners Purchases 1,600,893 Shares of Under Armour, Inc. (NYSE:UA)

Boston Partners boosted its position in Under Armour, Inc. (NYSE:UA) by 1,317.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,722,420 shares of the company’s stock after acquiring an additional 1,600,893 shares during the period. Boston Partners owned 0.40% of Under Armour worth $12,852,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quest Partners LLC bought a new position in shares of Under Armour in the 3rd quarter valued at about $308,000. Alpha DNA Investment Management LLC bought a new position in Under Armour in the third quarter valued at approximately $407,000. FMR LLC grew its holdings in Under Armour by 841.6% during the 3rd quarter. FMR LLC now owns 189,275 shares of the company’s stock worth $1,582,000 after acquiring an additional 169,174 shares during the period. BNP Paribas Financial Markets raised 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 last quarter. Finally, Verition Fund Management LLC acquired a new position in shares of Under Armour in the 3rd quarter valued at $2,594,000. 36.35% of the stock is currently owned by institutional investors and hedge funds.

Under Armour Price Performance

Shares of UA opened at $6.09 on Friday. The stock has a market cap of $2.62 billion, a P/E ratio of -20.98 and a beta of 1.60. The stock’s 50-day moving average price is $6.86 and its two-hundred day moving average price is $7.66. 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 $6.02 and a 1 year high of $10.62.

Under Armour (NYSE:UA) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.08 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 quarter in the prior year, the firm posted $0.25 EPS.

Under Armour 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.