International Assets Investment Management LLC Purchases 21,568 Shares of Under Armour, Inc. (NYSE:UA)

International Assets Investment Management LLC boosted its position in Under Armour, Inc. (NYSE:UA) by 410.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,820 shares of the company’s stock after acquiring an additional 21,568 shares during the quarter. International Assets Investment Management LLC’s holdings in Under Armour were worth $224,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Global Retirement Partners LLC grew its stake in shares of Under Armour by 61.7% during the fourth quarter. Global Retirement Partners LLC now owns 3,959 shares of the company’s stock valued at $33,000 after buying an additional 1,511 shares during the last quarter. MGO One Seven LLC bought a new position in shares of Under Armour during the third quarter valued at about $69,000. Abundance Wealth Counselors bought a new position in shares of Under Armour during the third quarter valued at about $92,000. Allspring Global Investments Holdings LLC bought a new position in shares of Under Armour during the third quarter valued at about $99,000. Finally, Pacer Advisors Inc. grew its stake in shares of Under Armour by 62.0% during the fourth quarter. Pacer Advisors Inc. now owns 27,184 shares of the company’s stock valued at $227,000 after buying an additional 10,401 shares during the last quarter. Institutional investors own 36.35% of the company’s stock.

Under Armour Stock Up 1.1 %

Shares of NYSE:UA opened at $6.55 on Friday. The stock’s 50-day moving average price is $7.22 and its 200-day moving average price is $7.38. Under Armour, Inc. has a 12-month low of $5.86 and a 12-month high of $8.99. The stock has a market capitalization of $2.85 billion, a P/E ratio of 7.36 and a beta of 1.62. The company has a current ratio of 2.13, a quick ratio of 1.38 and a debt-to-equity ratio of 0.27.

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

Under Armour Company 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.