Stevens Capital Management LP acquired a new stake in shares of Under Armour, Inc. (NYSE:UA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 75,706 shares of the company’s stock, valued at approximately $1,137,000.
Several other large investors have also added to or reduced their stakes in UA. FMR LLC lifted its stake in Under Armour by 12.1% in the 2nd quarter. FMR LLC now owns 2,961,380 shares of the company’s stock valued at $59,702,000 after acquiring an additional 320,600 shares in the last quarter. Baillie Gifford & Co. lifted its stake in Under Armour by 0.4% in the 3rd quarter. Baillie Gifford & Co. now owns 2,766,112 shares of the company’s stock valued at $41,547,000 after acquiring an additional 12,110 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its stake in Under Armour by 66.7% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,500,000 shares of the company’s stock valued at $22,530,000 after acquiring an additional 600,000 shares in the last quarter. WCM Investment Management CA lifted its stake in Under Armour by 19.5% in the 2nd quarter. WCM Investment Management CA now owns 1,368,431 shares of the company’s stock valued at $27,588,000 after acquiring an additional 223,415 shares in the last quarter. Finally, Harris Associates L P bought a new stake in Under Armour in the 2nd quarter valued at approximately $22,967,000. Institutional investors and hedge funds own 30.10% of the company’s stock.
Under Armour, Inc. (UA) opened at $10.95 on Tuesday. Under Armour, Inc. has a 1-year low of $10.36 and a 1-year high of $29.53. The company has a market capitalization of $5,013.26, a price-to-earnings ratio of 27.73 and a beta of 0.70.
COPYRIGHT VIOLATION WARNING: “75,706 Shares in Under Armour, Inc. (UA) Acquired by Stevens Capital Management LP” was posted by Markets Daily and is the property of of Markets Daily. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://www.themarketsdaily.com/2017/11/14/75706-shares-in-under-armour-inc-ua-acquired-by-stevens-capital-management-lp.html.
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.
Want to see what other hedge funds are holding UA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Under Armour, Inc. (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 MarketBeat.com's FREE daily email newsletter.