Victory Capital Management Inc. Sells 767,843 Shares of Under Armour, Inc. (NYSE:UA)

Victory Capital Management Inc. lessened its stake in Under Armour, Inc. (NYSE:UA) by 14.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,716,868 shares of the company’s stock after selling 767,843 shares during the period. Victory Capital Management Inc. owned about 1.09% of Under Armour worth $35,188,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sugar Maple Asset Management LLC bought a new stake in shares of Under Armour in the 4th quarter valued at about $45,000. Kercheville Advisors LLC bought a new stake in shares of Under Armour in the 4th quarter valued at about $75,000. Sigma Planning Corp bought a new stake in shares of Under Armour in the 4th quarter valued at about $82,000. Fielder Capital Group LLC grew its position in shares of Under Armour by 17.9% in the 4th quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock valued at $93,000 after buying an additional 1,898 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of Under Armour in the 4th quarter valued at about $149,000. Institutional investors own 36.35% of the company’s stock.

Under Armour Trading Up 1.2 %

NYSE UA opened at $6.45 on Monday. The business’s 50-day moving average price is $7.05 and its two-hundred day moving average price is $7.75. Under Armour, Inc. has a 12 month low of $6.02 and a 12 month high of $10.62. The firm has a market capitalization of $2.77 billion, a PE ratio of -22.22 and a beta of 1.60. 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 (NYSE:UA) last announced its earnings results on Thursday, February 13th. The company reported $0.08 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 quarter last year, the business 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.