Bamco Inc. NY lessened its holdings in shares of Under Armour Inc (NYSE:UA) by 18.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,721,369 shares of the company’s stock after selling 852,710 shares during the quarter. Bamco Inc. NY owned about 0.84% of Under Armour worth $55,895,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. NGAM Advisors L.P. lifted its stake in shares of Under Armour by 299.8% during the 2nd quarter. NGAM Advisors L.P. now owns 81,137 shares of the company’s stock worth $1,635,000 after acquiring an additional 60,842 shares during the last quarter. National Planning Corp boosted its stake in shares of Under Armour by 3.2% in the second quarter. National Planning Corp now owns 13,589 shares of the company’s stock worth $279,000 after buying an additional 423 shares during the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Under Armour in the second quarter worth about $141,000. Bridgewater Wealth & Financial Management LLC boosted its stake in shares of Under Armour by 3.2% in the second quarter. Bridgewater Wealth & Financial Management LLC now owns 219,883 shares of the company’s stock worth $4,433,000 after buying an additional 6,757 shares during the last quarter. Finally, WCM Investment Management CA boosted its stake in shares of Under Armour by 19.5% in the second quarter. WCM Investment Management CA now owns 1,368,431 shares of the company’s stock worth $27,588,000 after buying an additional 223,415 shares during the last quarter. 31.86% of the stock is currently owned by institutional investors.

UA has been the subject of a number of analyst reports. Vetr cut Under Armour from a “strong-buy” rating to a “buy” rating and set a $18.79 price target for the company. in a report on Wednesday, September 13th. Jefferies Group reaffirmed a “buy” rating and issued a $28.00 price target on shares of Under Armour in a report on Thursday, September 7th. Oppenheimer reaffirmed a “hold” rating on shares of Under Armour in a report on Friday, September 22nd. Pivotal Research set a $17.00 price target on Under Armour and gave the stock a “hold” rating in a report on Sunday, October 29th. Finally, Canaccord Genuity set a $15.00 price target on Under Armour and gave the stock a “hold” rating in a report on Thursday, October 12th. Nine investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the company. Under Armour currently has a consensus rating of “Hold” and an average target price of $15.71.

Shares of Under Armour Inc (NYSE UA) traded down $0.01 during trading on Tuesday, hitting $12.18. The company’s stock had a trading volume of 3,250,700 shares, compared to its average volume of 4,508,351. Under Armour Inc has a fifty-two week low of $10.36 and a fifty-two week high of $29.06. The firm has a market capitalization of $5,384.29, a PE ratio of 29.73 and a beta of 1.02.

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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.

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

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