Zurcher Kantonalbank Zurich Cantonalbank Raises Stock Holdings in Under Armour, Inc. (NYSE:UA)

Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Under Armour, Inc. (NYSE:UA) by 9.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,015 shares of the company’s stock after purchasing an additional 3,574 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Under Armour were worth $351,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in UA. Global Retirement Partners LLC grew its position in shares of Under Armour by 61.7% in the fourth quarter. Global Retirement Partners LLC now owns 3,959 shares of the company’s stock valued at $33,000 after purchasing an additional 1,511 shares during the period. Resonant Capital Advisors LLC grew its holdings in Under Armour by 6.5% in the 3rd quarter. Resonant Capital Advisors LLC now owns 28,383 shares of the company’s stock valued at $181,000 after buying an additional 1,734 shares during the period. Texas Permanent School Fund Corp increased its stake in shares of Under Armour by 1.7% during the 3rd quarter. Texas Permanent School Fund Corp now owns 169,758 shares of the company’s stock valued at $1,083,000 after acquiring an additional 2,912 shares during the last quarter. Keener Financial Planning LLC purchased a new position in shares of Under Armour during the 4th quarter worth about $25,000. Finally, Arizona State Retirement System boosted its position in shares of Under Armour by 7.8% in the third quarter. Arizona State Retirement System now owns 56,746 shares of the company’s stock worth $362,000 after acquiring an additional 4,118 shares during the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

Under Armour Price Performance

Under Armour stock opened at $6.56 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.13. The company has a market cap of $2.86 billion, a price-to-earnings ratio of 7.37 and a beta of 1.61. Under Armour, Inc. has a 1 year low of $5.86 and a 1 year high of $8.99. The firm has a 50 day moving average price of $7.08 and a 200 day moving average price of $7.39.

Under Armour (NYSE:UA) last released its quarterly earnings data on Thursday, February 8th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.09. Under Armour had a return on equity of 13.85% and a net margin of 6.98%. The business had revenue of $1.49 billion during the quarter. During the same quarter in the previous year, the company earned $0.16 earnings per share.

About Under Armour

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.