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Monday, February 6, 2023

Texas Permanent School Fund Sells 32,971 Shares of Under Armour, Inc. (NYSE:UA)

Texas Permanent School Fund decreased its position in Under Armour, Inc. (NYSE:UAGet Rating) by 18.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 143,551 shares of the company’s stock after selling 32,971 shares during the quarter. Texas Permanent School Fund’s holdings in Under Armour were worth $856,000 as of its most recent SEC filing.

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A number of other institutional investors also recently modified their holdings of UA. CoreCap Advisors LLC acquired a new stake in shares of Under Armour in the second quarter worth $43,000. ExodusPoint Capital Management LP grew its stake in shares of Under Armour by 42.0% in the second quarter. ExodusPoint Capital Management LP now owns 7,859 shares of the company’s stock worth $60,000 after acquiring an additional 2,325 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of Under Armour by 25.8% in the second quarter. Captrust Financial Advisors now owns 8,041 shares of the company’s stock worth $61,000 after acquiring an additional 1,649 shares during the last quarter. CWM LLC grew its stake in shares of Under Armour by 78.0% in the second quarter. CWM LLC now owns 8,190 shares of the company’s stock worth $62,000 after acquiring an additional 3,590 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. acquired a new stake in shares of Under Armour in the third quarter worth $65,000. Institutional investors own 32.63% of the company’s stock.

Under Armour Stock Up 2.1 %

UA opened at $10.16 on Friday. Under Armour, Inc. has a fifty-two week low of $5.74 and a fifty-two week high of $17.75. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.09 and a quick ratio of 1.36. The firm’s fifty day moving average price is $8.61 and its two-hundred day moving average price is $7.85. The company has a market capitalization of $4.59 billion, a P/E ratio of 32.77 and a beta of 1.47.

Under Armour (NYSE:UAGet Rating) last posted its quarterly earnings results on Thursday, November 3rd. The company reported $0.20 earnings per share for the quarter. Under Armour had a net margin of 2.51% and a return on equity of 9.13%. The firm had revenue of $1.57 billion for the quarter.

Analyst Ratings Changes

Separately, Citigroup lowered their price objective on shares of Under Armour from $10.00 to $8.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 26th.

About Under Armour

(Get Rating)

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Under Armour, Inc engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. It operates through the following segments: North America, EMEA, Asia-Pacific, Latin America, and Connected Fitness. The Connected Fitness segment offers digital fitness subscriptions, along with digital advertising through its MapMyFitness, MyFitnessPal, and Endomondo applications.

Featured Stories

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:UAGet Rating).

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

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Before you consider Under Armour, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Under Armour wasn’t on the list.

While Under Armour currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

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story by The Texas Tribune Source link

Texas Permanent School Fund decreased its position in Under Armour, Inc. (NYSE:UAGet Rating) by 18.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 143,551 shares of the company’s stock after selling 32,971 shares during the quarter. Texas Permanent School Fund’s holdings in Under Armour were worth $856,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of UA. CoreCap Advisors LLC acquired a new stake in shares of Under Armour in the second quarter worth $43,000. ExodusPoint Capital Management LP grew its stake in shares of Under Armour by 42.0% in the second quarter. ExodusPoint Capital Management LP now owns 7,859 shares of the company’s stock worth $60,000 after acquiring an additional 2,325 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of Under Armour by 25.8% in the second quarter. Captrust Financial Advisors now owns 8,041 shares of the company’s stock worth $61,000 after acquiring an additional 1,649 shares during the last quarter. CWM LLC grew its stake in shares of Under Armour by 78.0% in the second quarter. CWM LLC now owns 8,190 shares of the company’s stock worth $62,000 after acquiring an additional 3,590 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. acquired a new stake in shares of Under Armour in the third quarter worth $65,000. Institutional investors own 32.63% of the company’s stock.

Under Armour Stock Up 2.1 %

UA opened at $10.16 on Friday. Under Armour, Inc. has a fifty-two week low of $5.74 and a fifty-two week high of $17.75. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.09 and a quick ratio of 1.36. The firm’s fifty day moving average price is $8.61 and its two-hundred day moving average price is $7.85. The company has a market capitalization of $4.59 billion, a P/E ratio of 32.77 and a beta of 1.47.

Under Armour (NYSE:UAGet Rating) last posted its quarterly earnings results on Thursday, November 3rd. The company reported $0.20 earnings per share for the quarter. Under Armour had a net margin of 2.51% and a return on equity of 9.13%. The firm had revenue of $1.57 billion for the quarter.

Analyst Ratings Changes

Separately, Citigroup lowered their price objective on shares of Under Armour from $10.00 to $8.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 26th.

About Under Armour

(Get Rating)

Under Armour, Inc engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. It operates through the following segments: North America, EMEA, Asia-Pacific, Latin America, and Connected Fitness. The Connected Fitness segment offers digital fitness subscriptions, along with digital advertising through its MapMyFitness, MyFitnessPal, and Endomondo applications.

Featured Stories

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:UAGet Rating).

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Before you consider Under Armour, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Under Armour wasn’t on the list.

While Under Armour currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 Stocks to Sell Now

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by entering your email address below.

Get This Free Report

20 Stocks to Sell Now Cover



story by The Texas Tribune Source link

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