Teachers Advisors LLC Has $6.87 Million Stake in Under Armour Inc (UA)

Teachers Advisors LLC lifted its position in Under Armour Inc (NYSE:UA) by 4.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 353,039 shares of the company’s stock after buying an additional 14,501 shares during the period. Teachers Advisors LLC owned about 0.08% of Under Armour worth $6,870,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American Century Companies Inc. raised its holdings in shares of Under Armour by 24.2% during the third quarter. American Century Companies Inc. now owns 3,751,475 shares of the company’s stock valued at $73,004,000 after purchasing an additional 731,165 shares during the last quarter. Baillie Gifford & Co. increased its holdings in Under Armour by 5.4% during the third quarter. Baillie Gifford & Co. now owns 3,591,488 shares of the company’s stock valued at $69,890,000 after buying an additional 182,691 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Under Armour by 187.5% during the third quarter. Victory Capital Management Inc. now owns 1,445,502 shares of the company’s stock valued at $28,129,000 after buying an additional 942,714 shares during the last quarter. State of New Jersey Common Pension Fund D increased its holdings in Under Armour by 233.3% during the third quarter. State of New Jersey Common Pension Fund D now owns 1,000,000 shares of the company’s stock valued at $19,460,000 after buying an additional 700,000 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Under Armour by 1.1% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 566,468 shares of the company’s stock valued at $11,023,000 after buying an additional 5,967 shares during the last quarter. 32.96% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently issued reports on UA shares. B. Riley set a $12.00 price objective on shares of Under Armour and gave the stock a “sell” rating in a research note on Tuesday, February 5th. ValuEngine raised shares of Under Armour from a “hold” rating to a “buy” rating in a research note on Saturday, January 19th. Piper Jaffray Companies set a $30.00 price objective on shares of Under Armour and gave the stock a “buy” rating in a research note on Monday, December 31st. Bank of America reissued a “sell” rating and issued a $15.00 price objective on shares of Under Armour in a research note on Thursday, December 13th. Finally, Guggenheim reissued a “hold” rating on shares of Under Armour in a research note on Wednesday, December 12th. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $17.78.

In other news, CFO David Bergman sold 2,500 shares of the firm’s stock in a transaction dated Friday, November 30th. The shares were sold at an average price of $22.00, for a total value of $55,000.00. Following the completion of the sale, the chief financial officer now owns 157,666 shares in the company, valued at approximately $3,468,652. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 16.00% of the stock is currently owned by company insiders.

Shares of Under Armour stock traded up $0.02 during trading on Monday, hitting $19.06. The stock had a trading volume of 31,140 shares, compared to its average volume of 1,801,476. The firm has a market capitalization of $8.54 billion, a PE ratio of 100.32 and a beta of 0.91. Under Armour Inc has a 12 month low of $11.92 and a 12 month high of $23.28.

ILLEGAL ACTIVITY WARNING: “Teachers Advisors LLC Has $6.87 Million Stake in Under Armour Inc (UA)” was first published by WKRB News and is the sole property of of WKRB News. If you are viewing this report on another site, it was stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this report can be viewed at https://www.wkrb13.com/2019/02/11/teachers-advisors-llc-has-6-87-million-stake-in-under-armour-inc-ua.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.

See Also: Penny Stocks

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

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

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.

Leave a Reply