Disciplined Growth Investors Inc. MN Has $49.86 Million Position in Under Armour Inc Class A (UAA)

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Disciplined Growth Investors Inc. MN lowered its holdings in Under Armour Inc Class A (NYSE:UAA) by 1.2% during the second quarter, HoldingsChannel.com reports. The fund owned 2,217,780 shares of the company’s stock after selling 27,503 shares during the period. Disciplined Growth Investors Inc. MN’s holdings in Under Armour Inc Class A were worth $49,856,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of UAA. Mackay Shields LLC purchased a new position in shares of Under Armour Inc Class A during the 1st quarter valued at about $509,000. M&T Bank Corp lifted its position in shares of Under Armour Inc Class A by 98.5% during the 1st quarter. M&T Bank Corp now owns 28,829 shares of the company’s stock valued at $471,000 after buying an additional 14,309 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Under Armour Inc Class A by 9.0% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 56,336 shares of the company’s stock valued at $921,000 after buying an additional 4,652 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in shares of Under Armour Inc Class A during the 1st quarter valued at about $112,000. Finally, Schwab Charles Investment Management Inc. lifted its position in shares of Under Armour Inc Class A by 6.0% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 1,190,900 shares of the company’s stock valued at $19,472,000 after buying an additional 67,098 shares in the last quarter. 36.78% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have recently weighed in on the company. ValuEngine raised Under Armour Inc Class A from a “sell” rating to a “hold” rating in a research report on Thursday, July 26th. B. Riley reissued a “sell” rating on shares of Under Armour Inc Class A in a report on Friday, July 27th. SunTrust Banks boosted their price target on Under Armour Inc Class A to $20.00 and gave the stock a “hold” rating in a report on Friday, July 27th. UBS Group assumed coverage on Under Armour Inc Class A in a report on Thursday, June 21st. They issued a “neutral” rating and a $24.00 price target on the stock. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $29.00 price target on shares of Under Armour Inc Class A in a report on Thursday, June 7th. They noted that the move was a valuation call. Eleven equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, three have given a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $17.40.

Shares of UAA opened at $18.96 on Friday. The company has a market cap of $8.93 billion, a PE ratio of 99.79, a PEG ratio of 5.88 and a beta of -0.37. Under Armour Inc Class A has a 1 year low of $11.40 and a 1 year high of $24.69. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.94 and a current ratio of 1.91.

Under Armour Inc Class A (NYSE:UAA) last issued its quarterly earnings data on Thursday, July 26th. The company reported ($0.08) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.08). The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Under Armour Inc Class A had a positive return on equity of 3.32% and a negative net margin of 3.11%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.03) EPS. equities analysts forecast that Under Armour Inc Class A will post 0.17 EPS for the current fiscal year.

Under Armour Inc Class A Company 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.

Further Reading: Market Capitalization – What it Means for Investors

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

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