Victory Capital Management Inc. Sells 202,642 Shares of Under Armour, Inc. (NYSE:UA)

Victory Capital Management Inc. trimmed its holdings in Under Armour, Inc. (NYSE:UA) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,501,527 shares of the company’s stock after selling 202,642 shares during the quarter. Victory Capital Management Inc. owned approximately 1.03% of Under Armour worth $37,588,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of UA. ING Groep NV bought a new stake in shares of Under Armour during the third quarter worth $6,600,000. Vanguard Group Inc. lifted its holdings in Under Armour by 2.6% during the 3rd quarter. Vanguard Group Inc. now owns 19,592,344 shares of the company’s stock valued at $124,999,000 after buying an additional 499,162 shares in the last quarter. Bank of Nova Scotia purchased a new stake in Under Armour in the 3rd quarter valued at about $2,243,000. Assenagon Asset Management S.A. bought a new position in Under Armour in the 3rd quarter worth about $1,811,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Under Armour during the third quarter worth approximately $880,000. 36.35% of the stock is owned by institutional investors.

Under Armour Stock Down 0.2 %

Shares of NYSE UA opened at $6.55 on Tuesday. The stock has a 50 day moving average price of $7.04 and a 200 day moving average price of $7.40. The firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of 7.36 and a beta of 1.61. Under Armour, Inc. has a 52-week low of $5.86 and a 52-week high of $8.99. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.13.

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

Under Armour 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.