Jump Financial LLC Increases Stake in Under Armour, Inc. (NYSE:UA)

Jump Financial LLC boosted its position in shares of Under Armour, Inc. (NYSE:UAFree Report) by 214.4% in the third quarter, HoldingsChannel.com reports. The fund owned 106,200 shares of the company’s stock after purchasing an additional 72,419 shares during the period. Jump Financial LLC’s holdings in Under Armour were worth $678,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Cetera Advisors LLC boosted its stake in shares of Under Armour by 10.1% in the 4th quarter. Cetera Advisors LLC now owns 15,351 shares of the company’s stock valued at $137,000 after buying an additional 1,402 shares during the period. ExodusPoint Capital Management LP boosted its stake in shares of Under Armour by 45.8% in the 2nd quarter. ExodusPoint Capital Management LP now owns 4,773 shares of the company’s stock valued at $32,000 after buying an additional 1,500 shares during the period. Captrust Financial Advisors boosted its stake in shares of Under Armour by 25.8% in the 2nd quarter. Captrust Financial Advisors now owns 8,041 shares of the company’s stock valued at $61,000 after buying an additional 1,649 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Under Armour by 6.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 27,718 shares of the company’s stock valued at $236,000 after buying an additional 1,717 shares during the period. Finally, Resonant Capital Advisors LLC boosted its stake in shares of Under Armour by 6.5% in the 3rd quarter. Resonant Capital Advisors LLC now owns 28,383 shares of the company’s stock valued at $181,000 after buying an additional 1,734 shares during the period. 34.30% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, TheStreet upgraded Under Armour from a “d+” rating to a “c-” rating in a research note on Tuesday, December 12th.

View Our Latest Stock Report on Under Armour

Under Armour Price Performance

UA stock opened at $7.48 on Thursday. The business has a 50 day moving average price of $7.88 and a 200 day moving average price of $7.17. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 8.22 and a beta of 1.63. Under Armour, Inc. has a fifty-two week low of $5.86 and a fifty-two week high of $10.97. The company has a quick ratio of 1.35, a current ratio of 2.24 and a debt-to-equity ratio of 0.28.

Under Armour (NYSE:UAGet Free Report) last posted its earnings results on Wednesday, November 8th. The company reported $0.24 earnings per share for the quarter. The firm had revenue of $1.57 billion during the quarter. Under Armour had a return on equity of 14.01% and a net margin of 7.00%. Equities research analysts anticipate that Under Armour, Inc. will post 0.49 earnings per share for the current fiscal year.

About Under Armour

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding UA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Under Armour, Inc. (NYSE:UAFree Report).

Institutional Ownership by Quarter for Under Armour (NYSE:UA)

Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.com's FREE daily email newsletter.