Quantinno Capital Management LP Grows Stake in Under Armour, Inc. $UAA

Quantinno Capital Management LP boosted its position in Under Armour, Inc. (NYSE:UAA) by 100.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,226,299 shares of the company’s stock after purchasing an additional 615,828 shares during the period. Quantinno Capital Management LP’s holdings in Under Armour were worth $7,247,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of UAA. Deltroit Asset Management UK LLP purchased a new stake in Under Armour in the fourth quarter worth about $9,909,000. Bleakley Financial Group LLC grew its stake in shares of Under Armour by 99.7% during the 1st quarter. Bleakley Financial Group LLC now owns 476,521 shares of the company’s stock valued at $2,816,000 after acquiring an additional 237,957 shares during the period. Fairfax Financial Holdings Ltd. Can increased its stake in shares of Under Armour by 564.8% in the fourth quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock worth $208,536,000 after purchasing an additional 35,647,123 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in Under Armour in the 4th quarter worth $1,343,000. Finally, Vanguard Group Inc. raised its stake in Under Armour by 11.3% during the 4th quarter. Vanguard Group Inc. now owns 17,168,819 shares of the company’s stock valued at $85,329,000 after purchasing an additional 1,747,120 shares during the period. Institutional investors own 34.58% of the company’s stock.

Under Armour Stock Down 1.2%

NYSE:UAA opened at $6.75 on Thursday. Under Armour, Inc. has a twelve month low of $4.13 and a twelve month high of $8.15. The company has a market cap of $2.88 billion, a price-to-earnings ratio of -5.82, a price-to-earnings-growth ratio of 2.26 and a beta of 1.67. The stock has a fifty day simple moving average of $6.40 and a 200-day simple moving average of $6.36. The company has a current ratio of 1.62, a quick ratio of 1.08 and a debt-to-equity ratio of 0.42.

Under Armour (NYSE:UAA) last announced its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the firm earned ($0.08) earnings per share. Under Armour’s revenue was down .8% compared to the same quarter last year. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. Analysts anticipate that Under Armour, Inc. will post 0.11 EPS for the current year.

Insider Activity at Under Armour

In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average price of $4.97 per share, with a total value of $3,675,419.37. Following the transaction, the insider directly owned 44,179,116 shares of the company’s stock, valued at $219,570,206.52. This trade represents a 1.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders acquired 1,178,344 shares of company stock worth $5,865,147. Corporate insiders own 15.70% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on UAA. Barclays set a $5.00 price objective on shares of Under Armour and gave the company an “equal weight” rating in a report on Wednesday, May 13th. Telsey Advisory Group reduced their target price on shares of Under Armour from $6.00 to $5.50 and set a “market perform” rating on the stock in a research note on Wednesday, May 13th. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a report on Sunday, May 24th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research note on Tuesday, July 21st. Finally, BNP Paribas Exane cut their price target on shares of Under Armour from $7.00 to $5.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Under Armour has an average rating of “Reduce” and an average target price of $5.91.

About Under Armour

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.