Fielder Capital Group LLC Grows Position in Under Armour, Inc. (NYSE:UA)

Fielder Capital Group LLC raised its position in shares of Under Armour, Inc. (NYSE:UA) by 17.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,489 shares of the company’s stock after acquiring an additional 1,898 shares during the period. Fielder Capital Group LLC’s holdings in Under Armour were worth $93,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Weiss Asset Management LP bought a new stake in Under Armour in the third quarter worth $3,628,000. Assenagon Asset Management S.A. purchased a new position in shares of Under Armour in the 4th quarter worth $2,983,000. Verition Fund Management LLC bought a new stake in shares of Under Armour in the 3rd quarter worth about $2,594,000. FMR LLC raised its position in shares of Under Armour by 841.6% during the 3rd 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 in the last quarter. Finally, BDT Capital Partners LLC raised its position in shares of Under Armour by 0.3% during the 3rd quarter. BDT Capital Partners LLC now owns 60,000,000 shares of the company’s stock valued at $501,600,000 after buying an additional 161,901 shares in the last quarter. 36.35% of the stock is owned by hedge funds and other institutional investors.

Under Armour Trading Down 2.2 %

UA opened at $6.36 on Friday. The stock has a 50-day moving average of $7.21 and a 200 day moving average of $7.82. 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 12 month low of $6.02 and a 12 month high of $10.62. The firm has a market cap of $2.73 billion, a P/E ratio of -21.91 and a beta of 1.67.

Under Armour (NYSE:UA) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter, beating 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 business posted $0.25 earnings per share.

Insider Buying and Selling

In other Under Armour news, CFO David Bergman sold 30,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $9.09, for a total value of $272,700.00. Following the completion of the sale, the chief financial officer now owns 494,210 shares of the company’s stock, valued at $4,492,368.90. This trade represents a 5.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 15.60% of the stock is owned by corporate insiders.

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.