Marshall Wace LLP Grows Stock Position in Under Armour, Inc. $UAA

Marshall Wace LLP grew its position in shares of Under Armour, Inc. (NYSE:UAA) by 109.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,944,567 shares of the company’s stock after buying an additional 1,537,713 shares during the quarter. Marshall Wace LLP owned 0.69% of Under Armour worth $20,111,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in UAA. Parallel Advisors LLC lifted its position in Under Armour by 620.7% in the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after purchasing an additional 3,352 shares during the period. Laurel Wealth Advisors LLC raised its stake in shares of Under Armour by 583.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after buying an additional 3,498 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Under Armour by 133.8% in the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after buying an additional 2,405 shares during the period. Twin Tree Management LP purchased a new stake in shares of Under Armour in the first quarter valued at approximately $44,000. Finally, Neo Ivy Capital Management acquired a new position in Under Armour during the second quarter worth $44,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Trading Down 4.3%

NYSE:UAA opened at $4.36 on Tuesday. The business’s 50-day moving average is $4.66 and its two-hundred day moving average is $5.59. The firm has a market capitalization of $1.87 billion, a PE ratio of -20.74, a price-to-earnings-growth ratio of 4.57 and a beta of 1.83. Under Armour, Inc. has a 12 month low of $4.13 and a 12 month high of $10.53. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.10.

Under Armour (NYSE:UAA) last issued its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The company’s revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Research analysts predict that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on UAA shares. Rothschild Redb downgraded Under Armour from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Rothschild & Co Redburn reissued a “neutral” rating and set a $6.00 price objective (down previously from $7.00) on shares of Under Armour in a research note on Monday, September 15th. Bank of America lowered their price objective on Under Armour from $8.00 to $6.50 and set a “neutral” rating for the company in a research report on Monday, August 11th. William Blair upgraded Under Armour to a “hold” rating in a research report on Thursday, November 6th. Finally, Telsey Advisory Group set a $5.00 price target on Under Armour in a report on Friday, November 14th. Three research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $6.58.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.