British Airways Pensions Investment Management Ltd Invests $4.84 Million in Under Armour Inc (UAA)

Share on StockTwits

British Airways Pensions Investment Management Ltd bought a new stake in Under Armour Inc (NYSE:UAA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 273,608 shares of the company’s stock, valued at approximately $4,838,000. British Airways Pensions Investment Management Ltd owned 0.06% of Under Armour at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Biondo Investment Advisors LLC raised its stake in shares of Under Armour by 0.3% in the fourth quarter. Biondo Investment Advisors LLC now owns 167,640 shares of the company’s stock valued at $2,924,000 after buying an additional 520 shares during the period. Securian Asset Management Inc raised its stake in shares of Under Armour by 3.1% in the fourth quarter. Securian Asset Management Inc now owns 19,298 shares of the company’s stock valued at $341,000 after buying an additional 585 shares during the period. Brown Advisory Securities LLC raised its stake in shares of Under Armour by 5.4% in the fourth quarter. Brown Advisory Securities LLC now owns 14,382 shares of the company’s stock valued at $259,000 after buying an additional 741 shares during the period. Piedmont Investment Advisors Inc. raised its stake in shares of Under Armour by 7.4% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 12,975 shares of the company’s stock valued at $229,000 after buying an additional 891 shares during the period. Finally, Regal Investment Advisors LLC raised its stake in shares of Under Armour by 6.7% in the fourth quarter. Regal Investment Advisors LLC now owns 14,324 shares of the company’s stock valued at $253,000 after buying an additional 900 shares during the period. Hedge funds and other institutional investors own 39.04% of the company’s stock.

Several brokerages have issued reports on UAA. UBS Group boosted their target price on Under Armour from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Wednesday, February 13th. Telsey Advisory Group lowered their target price on Under Armour from $25.00 to $23.00 and set a “market perform” rating on the stock in a research note on Thursday, December 13th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $22.00 target price on shares of Under Armour in a research note on Tuesday, February 12th. Argus restated a “hold” rating on shares of Under Armour in a research note on Friday, February 22nd. Finally, ValuEngine lowered Under Armour from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Five equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $22.78.

NYSE:UAA opened at $21.70 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.97. Under Armour Inc has a 52-week low of $15.60 and a 52-week high of $24.96. The firm has a market cap of $9.60 billion, a P/E ratio of 80.37, a P/E/G ratio of 2.92 and a beta of 0.43.

Under Armour (NYSE:UAA) last released its quarterly earnings data on Tuesday, February 12th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. Under Armour had a positive return on equity of 6.11% and a negative net margin of 0.89%. Under Armour’s revenue was up 1.5% on a year-over-year basis. Research analysts forecast that Under Armour Inc will post 0.33 earnings per share for the current year.

In other Under Armour news, insider Paul Fipps sold 3,106 shares of the company’s stock in a transaction dated Friday, February 22nd. The stock was sold at an average price of $21.55, for a total value of $66,934.30. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 16.40% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: “British Airways Pensions Investment Management Ltd Invests $4.84 Million in Under Armour Inc (UAA)” was reported by Ticker Report and is owned by of Ticker Report. If you are reading this news story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark law. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/4240080/british-airways-pensions-investment-management-ltd-invests-4-84-million-in-under-armour-inc-uaa.html.

Under Armour Profile

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes.

Recommended Story: Guidelines for Successful Channel Trading

Want to see what other hedge funds are holding UAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Under Armour Inc (NYSE:UAA).

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

Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Zacks: Brokerages Anticipate Newell Brands Inc  to Post $0.36 EPS
Zacks: Brokerages Anticipate Newell Brands Inc to Post $0.36 EPS
indaHash Price Hits $0.0054 on Top Exchanges
indaHash Price Hits $0.0054 on Top Exchanges
EP Wealth Advisors LLC Purchases 4,555 Shares of BlackRock, Inc.
EP Wealth Advisors LLC Purchases 4,555 Shares of BlackRock, Inc.
22,085 Shares in Alphabet Inc  Acquired by EP Wealth Advisors LLC
22,085 Shares in Alphabet Inc Acquired by EP Wealth Advisors LLC
OTA Financial Group L.P. Takes Position in DowDuPont Inc
OTA Financial Group L.P. Takes Position in DowDuPont Inc
McKesson Co.  Holdings Boosted by Holderness Investments Co.
McKesson Co. Holdings Boosted by Holderness Investments Co.


© 2006-2019 Ticker Report