Toronto Dominion Bank raised its holdings in Under Armour, Inc. (NYSE:UA) by 13.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 70,685 shares of the company’s stock after buying an additional 8,203 shares during the period. Toronto Dominion Bank’s holdings in Under Armour were worth $1,061,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. LeJeune Puetz Investment Counsel LLC acquired a new position in shares of Under Armour during the 3rd quarter worth about $103,000. First Mercantile Trust Co. acquired a new position in shares of Under Armour during the 2nd quarter worth about $141,000. Abbot Financial Management Inc. acquired a new position in shares of Under Armour during the 3rd quarter worth about $153,000. Ahrens Investment Partners LLC acquired a new position in shares of Under Armour during the 3rd quarter worth about $158,000. Finally, WMS Partners LLC acquired a new position in shares of Under Armour during the 3rd quarter worth about $167,000. Hedge funds and other institutional investors own 29.81% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another publication, it was illegally stolen and republished in violation of United States & international copyright & trademark law. The correct version of this news story can be viewed at https://www.watchlistnews.com/toronto-dominion-bank-acquires-8203-shares-of-under-armour-inc-ua/1721625.html.

Several research firms have recently weighed in on UA. Buckingham Research set a $14.00 price objective on shares of Under Armour and gave the stock a “sell” rating in a research note on Thursday, August 3rd. Piper Jaffray Companies set a $11.00 price objective on shares of Under Armour and gave the stock a “hold” rating in a research note on Tuesday, October 31st. Jefferies Group LLC restated a “buy” rating and set a $28.00 price objective on shares of Under Armour in a research note on Friday, October 13th. Forward View set a $17.00 price objective on shares of Under Armour and gave the stock a “hold” rating in a research note on Sunday, August 13th. Finally, FBR & Co restated an “underperform” rating and set a $14.00 price objective on shares of Under Armour in a research note on Wednesday, August 2nd. Eight equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $16.49.

Shares of Under Armour, Inc. (UA) opened at $11.67 on Thursday. The company has a market cap of $5,017.68, a PE ratio of 27.71 and a beta of 0.70. Under Armour, Inc. has a twelve month low of $10.36 and a twelve month high of $29.53.

Under Armour 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.

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

Receive News & Ratings for Under Armour Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.