AlphaQuest LLC Sells 15,584 Shares of Under Armour, Inc. (NYSE:UA)

AlphaQuest LLC reduced its stake in Under Armour, Inc. (NYSE:UA) by 42.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,231 shares of the company’s stock after selling 15,584 shares during the period. AlphaQuest LLC’s holdings in Under Armour were worth $158,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Edgestream Partners L.P. bought a new stake in shares of Under Armour in the fourth quarter valued at approximately $2,342,000. Raymond James Financial Inc. bought a new stake in shares of Under Armour in the fourth quarter valued at approximately $1,260,000. Proficio Capital Partners LLC bought a new stake in shares of Under Armour in the fourth quarter valued at approximately $149,000. Jones Financial Companies Lllp raised its position in Under Armour by 118.1% during the fourth quarter. Jones Financial Companies Lllp now owns 21,017 shares of the company’s stock valued at $157,000 after purchasing an additional 11,379 shares in the last quarter. Finally, Fielder Capital Group LLC raised its position in Under Armour by 17.9% during the fourth quarter. Fielder Capital Group LLC now owns 12,489 shares of the company’s stock valued at $93,000 after purchasing an additional 1,898 shares in the last quarter. 36.35% of the stock is currently owned by institutional investors.

Under Armour Stock Up 2.5 %

Shares of UA opened at $6.38 on Tuesday. Under Armour, Inc. has a one year low of $6.02 and a one year high of $10.62. The company has a market cap of $2.74 billion, a P/E ratio of -21.98 and a beta of 1.60. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.01 and a quick ratio of 1.19. The firm has a 50 day simple moving average of $6.94 and a two-hundred day simple moving average of $7.69.

Under Armour (NYSE:UA) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same quarter in the prior year, the company earned $0.25 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.