Resonant Capital Advisors LLC Increases Stock Position in Under Armour, Inc. (NYSE:UA)

Resonant Capital Advisors LLC grew its position in Under Armour, Inc. (NYSE:UA) by 10.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 31,399 shares of the company’s stock after purchasing an additional 3,016 shares during the period. Resonant Capital Advisors LLC’s holdings in Under Armour were worth $262,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in UA. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Under Armour by 9.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,015 shares of the company’s stock valued at $351,000 after buying an additional 3,574 shares during the period. Louisiana State Employees Retirement System bought a new position in Under Armour during the fourth quarter valued at about $453,000. Perigon Wealth Management LLC bought a new position in Under Armour during the fourth quarter valued at about $426,000. Keener Financial Planning LLC bought a new position in Under Armour during the fourth quarter valued at about $25,000. Finally, International Assets Investment Management LLC grew its position in Under Armour by 410.7% during the fourth quarter. International Assets Investment Management LLC now owns 26,820 shares of the company’s stock valued at $224,000 after buying an additional 21,568 shares during the period. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Price Performance

UA opened at $6.47 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.13. The firm has a market cap of $2.82 billion, a P/E ratio of 7.27 and a beta of 1.62. Under Armour, Inc. has a fifty-two week low of $5.86 and a fifty-two week high of $8.99. The firm has a 50-day moving average of $7.36 and a 200 day moving average of $7.38.

Under Armour (NYSE:UA) last issued its earnings results on Thursday, February 8th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.09. The firm had revenue of $1.49 billion during the quarter. Under Armour had a net margin of 6.98% and a return on equity of 13.85%. During the same quarter in the prior year, the business earned $0.16 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.