Commonwealth Equity Services LLC Cuts Position in Under Armour, Inc. (NYSE:UA)

Commonwealth Equity Services LLC reduced its position in shares of Under Armour, Inc. (NYSE:UA – Get Rating) by 5.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,902 shares of the company’s stock after selling 3,693 shares during the period. Commonwealth Equity Services LLC’s holdings in Under Armour were worth $605,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Under Armour by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 23,944,700 shares of the company’s stock worth $372,579,000 after purchasing an additional 281,621 shares during the last quarter. State Street Corp boosted its holdings in shares of Under Armour by 3.6% during the 3rd quarter. State Street Corp now owns 5,671,493 shares of the company’s stock worth $33,802,000 after purchasing an additional 197,819 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Under Armour by 45.0% during the 1st quarter. Invesco Ltd. now owns 3,300,514 shares of the company’s stock worth $51,356,000 after purchasing an additional 1,024,573 shares during the last quarter. Echo Street Capital Management LLC boosted its holdings in shares of Under Armour by 220.8% during the 3rd quarter. Echo Street Capital Management LLC now owns 3,173,552 shares of the company’s stock worth $18,914,000 after purchasing an additional 2,184,350 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Under Armour by 26.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,830,610 shares of the company’s stock worth $28,485,000 after purchasing an additional 377,187 shares during the last quarter. 32.63% of the stock is currently owned by hedge funds and other institutional investors.

Under Armour Trading Down 1.2 %

Shares of Under Armour stock opened at $6.47 on Friday. The stock has a market cap of $2.87 billion, a P/E ratio of 7.52 and a beta of 1.62. The stock’s 50 day simple moving average is $7.75 and its 200-day simple moving average is $8.56. Under Armour, Inc. has a 1-year low of $5.74 and a 1-year high of $11.41. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.18 and a quick ratio of 1.30.

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