Fox Run Management L.L.C. Has $568,000 Stock Position in Under Armour, Inc. (NYSE:UAA)

Fox Run Management L.L.C. raised its position in Under Armour, Inc. (NYSE:UAA) by 215.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 68,596 shares of the company’s stock after acquiring an additional 46,828 shares during the period. Fox Run Management L.L.C.’s holdings in Under Armour were worth $568,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of UAA. FMR LLC lifted its holdings in shares of Under Armour by 144,746.6% in the 3rd quarter. FMR LLC now owns 9,659,823 shares of the company’s stock worth $86,069,000 after purchasing an additional 9,653,154 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Under Armour by 160.5% in the fourth quarter. American Century Companies Inc. now owns 4,013,671 shares of the company’s stock valued at $33,233,000 after buying an additional 2,472,813 shares in the last quarter. Quantinno Capital Management LP grew its holdings in shares of Under Armour by 195.8% during the third quarter. Quantinno Capital Management LP now owns 903,257 shares of the company’s stock valued at $8,048,000 after buying an additional 597,943 shares during the last quarter. Disciplined Growth Investors Inc. MN grew its holdings in shares of Under Armour by 6.1% during the third quarter. Disciplined Growth Investors Inc. MN now owns 5,740,622 shares of the company’s stock valued at $51,149,000 after buying an additional 327,979 shares during the last quarter. Finally, Quantbot Technologies LP increased its position in shares of Under Armour by 288.1% during the third quarter. Quantbot Technologies LP now owns 423,311 shares of the company’s stock worth $3,772,000 after acquiring an additional 314,226 shares in the last quarter. Institutional investors own 34.58% of the company’s stock.

Under Armour Stock Up 2.9 %

Shares of UAA opened at $6.60 on Tuesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.19. Under Armour, Inc. has a 1 year low of $6.17 and a 1 year high of $11.89. The stock has a 50 day simple moving average of $7.45 and a two-hundred day simple moving average of $8.34. The firm has a market cap of $2.84 billion, a P/E ratio of -22.77 and a beta of 1.63.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating 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 quarter in the prior year, the firm posted $0.19 EPS. On average, analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. UBS Group dropped their price target on shares of Under Armour from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Tuesday, January 28th. KGI Securities assumed coverage on Under Armour in a research report on Friday, March 7th. They set a “neutral” rating and a $7.40 target price on the stock. Barclays lowered their price target on Under Armour from $11.00 to $8.00 and set an “equal weight” rating for the company in a research report on Monday, February 10th. Argus cut Under Armour from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Finally, Evercore ISI reduced their target price on shares of Under Armour from $8.00 to $7.00 and set an “underperform” rating for the company in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $9.06.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.