Under Armour, Inc. (NYSE:UA) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its position in Under Armour, Inc. (NYSE:UA) by 23.0% during the third quarter, HoldingsChannel reports. The firm owned 12,294 shares of the company’s stock after selling 3,678 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Under Armour were worth $103,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Edgestream Partners L.P. acquired a new stake in shares of Under Armour in the first quarter valued at approximately $1,217,000. Concurrent Investment Advisors LLC grew its holdings in Under Armour by 16.5% in the 1st quarter. Concurrent Investment Advisors LLC now owns 21,537 shares of the company’s stock valued at $154,000 after buying an additional 3,045 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Under Armour by 7.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,089,780 shares of the company’s stock worth $72,415,000 after acquiring an additional 795,803 shares during the last quarter. WINTON GROUP Ltd purchased a new position in shares of Under Armour during the 2nd quarter worth $4,579,000. Finally, Gateway Wealth Partners LLC acquired a new position in shares of Under Armour during the 2nd quarter valued at about $124,000. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Under Armour Price Performance

Under Armour stock opened at $8.62 on Wednesday. The company has a current ratio of 1.73, a quick ratio of 1.08 and a debt-to-equity ratio of 0.33. The company has a 50-day moving average price of $7.97 and a 200 day moving average price of $7.24. Under Armour, Inc. has a 12-month low of $6.02 and a 12-month high of $10.62. The stock has a market cap of $3.72 billion, a P/E ratio of -215.38 and a beta of 1.64.

Under Armour Profile

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.