Swiss National Bank Sells 4,300 Shares of Under Armour, Inc. (NYSE:UA)

Swiss National Bank cut its holdings in Under Armour, Inc. (NYSE:UA – Get Rating) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 476,400 shares of the company’s stock after selling 4,300 shares during the period. Swiss National Bank’s holdings in Under Armour were worth $4,249,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Ensign Peak Advisors Inc bought a new position in shares of Under Armour in the third quarter valued at approximately $26,000. Romano Brothers AND Company bought a new position in Under Armour during the fourth quarter valued at $27,000. Heritage Wealth Advisors grew its holdings in Under Armour by 37,500.0% during the fourth quarter. Heritage Wealth Advisors now owns 3,008 shares of the company’s stock valued at $27,000 after purchasing an additional 3,000 shares during the period. Ellevest Inc. grew its holdings in Under Armour by 80.5% during the fourth quarter. Ellevest Inc. now owns 3,432 shares of the company’s stock valued at $31,000 after purchasing an additional 1,531 shares during the period. Finally, Pinnacle Financial Partners Inc. grew its holdings in Under Armour by 200.0% during the fourth quarter. Pinnacle Financial Partners Inc. now owns 6,000 shares of the company’s stock valued at $54,000 after purchasing an additional 4,000 shares during the period. 32.63% of the stock is owned by institutional investors.

Under Armour Price Performance

Shares of NYSE UA opened at $6.81 on Friday. The stock has a fifty day simple moving average of $7.81 and a two-hundred day simple moving average of $8.58. Under Armour, Inc. has a 1-year low of $5.74 and a 1-year high of $11.41. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of 7.92 and a beta of 1.62. The company has a current ratio of 2.18, a quick ratio of 1.30 and a debt-to-equity ratio of 0.34.

Under Armour (NYSE:UA – Get Rating) last announced its quarterly earnings data on Tuesday, May 9th. The company reported $0.18 earnings per share for the quarter. Under Armour had a return on equity of 14.44% and a net margin of 6.55%. The business had revenue of $1.40 billion during the quarter.

Under Armour Profile

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Under Armour, Inc engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. It operates through the following segments: North America, EMEA, Asia-Pacific, Latin America, and Connected Fitness. The Connected Fitness segment offers digital fitness subscriptions, along with digital advertising through its MapMyFitness, MyFitnessPal, and Endomondo applications.