Great West Life Assurance Co. Can boosted its position in Under Armour, Inc. (NYSE:UA) by 127.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 544,203 shares of the company’s stock after buying an additional 304,826 shares during the period. Great West Life Assurance Co. Can’s holdings in Under Armour were worth $10,953,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Harbour Capital Advisors LLC boosted its stake in Under Armour by 665.0% in the second quarter. Harbour Capital Advisors LLC now owns 5,363 shares of the company’s stock worth $266,000 after buying an additional 4,662 shares in the last quarter. NGAM Advisors L.P. boosted its stake in Under Armour by 299.8% in the second quarter. NGAM Advisors L.P. now owns 81,137 shares of the company’s stock worth $1,635,000 after buying an additional 60,842 shares in the last quarter. P.A.W. Capital Corp boosted its stake in Under Armour by 25.0% in the second quarter. P.A.W. Capital Corp now owns 50,000 shares of the company’s stock worth $1,008,000 after buying an additional 10,000 shares in the last quarter. Personal Capital Advisors Corp boosted its stake in Under Armour by 445.8% in the second quarter. Personal Capital Advisors Corp now owns 63,235 shares of the company’s stock worth $1,275,000 after buying an additional 51,650 shares in the last quarter. Finally, Bray Capital Advisors boosted its stake in Under Armour by 19.5% in the second quarter. Bray Capital Advisors now owns 81,405 shares of the company’s stock worth $1,641,000 after buying an additional 13,290 shares in the last quarter. Institutional investors and hedge funds own 56.34% of the company’s stock.

Shares of Under Armour, Inc. (NYSE:UA) opened at 17.17 on Thursday. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 34.76 and a beta of 0.78. The company has a 50-day moving average price of $18.53 and a 200-day moving average price of $18.90. Under Armour, Inc. has a 1-year low of $16.02 and a 1-year high of $42.94.

Under Armour (NYSE:UA) last posted its quarterly earnings results on Tuesday, August 1st. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.07) by $0.04. The firm had revenue of $1.09 billion for the quarter. Under Armour had a net margin of 4.38% and a return on equity of 11.06%. On average, equities analysts expect that Under Armour, Inc. will post $0.41 earnings per share for the current fiscal year.

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A number of equities research analysts recently weighed in on the company. Canaccord Genuity restated a “hold” rating and issued a $18.00 price target (down previously from $21.00) on shares of Under Armour in a report on Thursday, August 3rd. Buckingham Research set a $14.00 price target on Under Armour and gave the stock a “sell” rating in a report on Thursday, August 3rd. KeyCorp restated a “hold” rating on shares of Under Armour in a report on Wednesday, August 2nd. Credit Suisse Group restated an “underperform” rating and issued a $17.00 price target on shares of Under Armour in a report on Wednesday, August 2nd. Finally, Deutsche Bank AG restated a “sell” rating and issued a $16.00 price target (down previously from $17.00) on shares of Under Armour in a report on Wednesday, August 2nd. Eight analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $19.02.

Under Armour Company Profile

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

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

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