Los Angeles Capital Management LLC Makes New $369,000 Investment in Under Armour, Inc. (NYSE:UA)

Los Angeles Capital Management LLC acquired a new position in shares of Under Armour, Inc. (NYSE:UA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 44,165 shares of the company’s stock, valued at approximately $369,000.

Several other large investors have also recently added to or reduced their stakes in the company. CWM LLC increased its position in Under Armour by 31.1% during the 2nd quarter. CWM LLC now owns 12,628 shares of the company’s stock worth $82,000 after buying an additional 2,995 shares during the period. Resonant Capital Advisors LLC increased its position in Under Armour by 16.2% during the 2nd quarter. Resonant Capital Advisors LLC now owns 25,705 shares of the company’s stock worth $168,000 after buying an additional 3,582 shares during the period. Summit Financial Strategies Inc. increased its position in shares of Under Armour by 24.9% in the second quarter. Summit Financial Strategies Inc. now owns 19,415 shares of the company’s stock worth $127,000 after purchasing an additional 3,868 shares during the period. SFG Wealth Management LLC. increased its position in shares of Under Armour by 20.8% in the third quarter. SFG Wealth Management LLC. now owns 23,200 shares of the company’s stock worth $194,000 after purchasing an additional 4,000 shares during the period. Finally, Profit Investment Management LLC increased its position in shares of Under Armour by 0.7% in the second quarter. Profit Investment Management LLC now owns 569,878 shares of the company’s stock worth $3,721,000 after purchasing an additional 4,009 shares during the period. Institutional investors own 36.35% of the company’s stock.

Under Armour Stock Up 0.7 %

Shares of NYSE UA opened at $8.97 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.24 and a current ratio of 2.18. Under Armour, Inc. has a 52 week low of $6.02 and a 52 week high of $10.62. The stock has a market capitalization of $3.88 billion, a P/E ratio of -224.25 and a beta of 1.64. The stock’s fifty day moving average is $8.04 and its 200 day moving average is $7.29.

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.