75,706 Shares in Under Armour, Inc. (UA) Acquired by Stevens Capital Management LP

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.

Several equities research analysts have commented on the company. Susquehanna Bancshares Inc restated a “hold” rating and issued a $11.00 target price on shares of Under Armour in a research note on Tuesday, November 7th. SunTrust Banks, Inc. cut Under Armour from a “buy” rating to a “hold” rating and set a $14.00 target price on the stock. in a research note on Wednesday, November 1st. DA Davidson lowered Under Armour to a “hold” rating and set a $15.00 price target on the stock. in a research report on Tuesday, October 31st. Cowen and Company set a $12.00 price target on Under Armour and gave the stock a “hold” rating in a research report on Tuesday, October 31st. Finally, Wells Fargo & Company set a $11.00 price target on Under Armour and gave the stock a “sell” rating in a research report on Tuesday, October 31st. Eight equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $16.49.

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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.

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

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