Under Armour Inc Class C (NYSE:UA) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Other analysts have also recently issued reports about the company. Pivotal Research reiterated a “hold” rating and set a $21.00 price target on shares of Under Armour Inc Class C in a research report on Tuesday, July 17th. Morgan Stanley started coverage on Under Armour Inc Class C in a research report on Wednesday, August 1st. They set a “hold” rating and a $20.00 price target for the company. Piper Jaffray Companies reiterated a “hold” rating and set a $20.00 price target on shares of Under Armour Inc Class C in a research report on Thursday, July 26th. Finally, Wedbush boosted their price target on Under Armour Inc Class C from $15.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, July 20th. Eight analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $15.17.

Shares of UA opened at $18.70 on Friday. Under Armour Inc Class C has a one year low of $10.36 and a one year high of $22.68. The company has a market cap of $8.32 billion, a P/E ratio of 133.57 and a beta of -0.64.

Under Armour Inc Class C (NYSE:UA) last issued its quarterly earnings results on Thursday, July 26th. The company reported ($0.08) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.09) by $0.01. The firm had revenue of $1.17 billion for the quarter. analysts predict that Under Armour Inc Class C will post 0.17 EPS for the current fiscal year.

In other Under Armour Inc Class C news, CFO David Bergman sold 5,000 shares of the company’s stock in a transaction on Wednesday, August 22nd. The stock was sold at an average price of $19.89, for a total value of $99,450.00. Following the completion of the sale, the chief financial officer now directly owns 165,166 shares in the company, valued at approximately $3,285,151.74. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 16.00% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of the business. Benjamin F. Edwards & Company Inc. grew its holdings in Under Armour Inc Class C by 155.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 5,264 shares of the company’s stock valued at $111,000 after buying an additional 3,200 shares in the last quarter. US Bancorp DE lifted its stake in shares of Under Armour Inc Class C by 88.4% in the 2nd quarter. US Bancorp DE now owns 8,459 shares of the company’s stock valued at $178,000 after purchasing an additional 3,969 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Under Armour Inc Class C by 1.3% in the 2nd quarter. Rhumbline Advisers now owns 325,109 shares of the company’s stock valued at $6,853,000 after purchasing an additional 4,107 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of Under Armour Inc Class C by 6.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 80,485 shares of the company’s stock valued at $1,697,000 after purchasing an additional 4,872 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Under Armour Inc Class C by 9.1% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 62,421 shares of the company’s stock valued at $1,316,000 after purchasing an additional 5,200 shares during the last quarter. Institutional investors own 32.73% of the company’s stock.

Under Armour Inc Class C 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.

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Analyst Recommendations for Under Armour Inc Class C (NYSE:UA)

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