The most recent Form 13F filing that the Bank of Montreal Can submit to the Securities and Exchange Commission revealed that during the third quarter, the company increased its stake in Under Armour, INC (NYSE: UA) by 202.9%. Following the acquisition of an additional 763,910 shares during the period in question, the total number of shares held by the fund in the company above currently stands at 1,140,443.
According to the most recent report filed with the Securities and Exchange Commission, Bank of Montreal owns approximately 0.25% of Under Armour, which translates to a total value of $8,462,000 worth of stock.
Important shareholders have, in recent times, made modifications to the number of shares of the company’s stock that they currently own in their portfolios.
Envestnet Asset Management INC increased its ownership of Under Armour stock by approximately 60,000 shares during the first quarter by purchasing an additional 235,000 of the company’s shares.
The investment portfolio of Cetera Advisor Networks LLC grew by 43.1% during the first three months of the year as a result of the addition of more shares of Under Armour.
In the most recent fiscal quarter, Cetera Advisor Networks LLC increased its holdings in the company by purchasing an additional 6,002 shares.
This brings the total number of shares it currently owns to 19,929, with a market value of $310,000.
PNC Financial Services Group INC increased the amount of Under Armour stock owned by 27.6% during the first three months of 2018, bringing its total ownership percentage to 100%.
After purchasing an additional 5,226 shares during the most recent quarter, PNC Financial Services Group INC is now the owner of 24,134 shares in the company, which have a value of $376,000.
This brings the total number of shares that the company owns to 24,134. (down from 36,040).
Acadian Asset Management LLC saw a rise of 517.2% in the value of its holdings in Under Armour during the first three months of 2018.
Acadian Asset Management LLC now has 7,444 shares of the company’s stock, collectively worth $115,000, after acquiring an additional 6,238 shares during the preceding quarter.
In the first three months of this year, MetLife Investment Management LLC increased the value of its holdings in Under Armour by 22.7%.
This allowed them to keep pace with their competitors.
There are currently 58,300 shares in the company directly owned by MetLife Investment Management LLC The value of these shares is $907,000.
This is a direct consequence of the company purchasing an additional 10,784 shares during this period. 32.63% of the company’s equity is owned by institutions, making up 32.63% of the total.
NYSE UA shares officially started trading for the first time on Tuesday for $9.31 per share.
The simple moving average for Under Armour, INC over the past 50 days is $9.65, and the simple moving average over the last 200 days is $8.28.
The highest price that the company reached in the preceding 52 weeks was $16.52, while its lowest price was $5.74.
This corporation has a price-to-earnings ratio of 26.60, a beta value of 1.54, and a market capitalization of $4.13 billion.
At 1.26, the debt-to-equity ratio, the current ratio, and the quick ratio all arrive at the same conclusion.
The current ratio would be 2.07, if you were wondering.
Citigroup lowered their price target on shares of Under Armour from $10.00 to $8.00 and assigned the stock a “neutral” rating in a separate research report published on Wednesday, October 26.
The report was about the company’s stock.
According to reports from other sources concerning Under Armour, company insider Tchernavia Rocker sold 69,823 shares on Friday, February 10.
As a result of the sale of the shares at an average price of $9.32 each, the total sales volume was calculated to be 650,750.36 dollars. Following the completion of the sale, the company insider now holds a total of 260,291 shares, each currently valued at USD 2,425,912.12. You might find a filing that explains the transaction in greater detail on the Securities and Exchange Commission (SEC) website.
The percentage of the total ownership in the company currently held by employees and other company insiders is 15.70%.
Under Armour, INC designs, markets, and distributes branded athletic apparel, footwear, and accessories for males, females, and children.
The company’s products can be found for all three genders.
These items are offered in a wide range of sizes and are suitable for both men and women.
It operates within a wide variety of different business segments, some of which include North America, Europe, Asia-Pacific, Latin America, and Connected Fitness. Customers are offered digital fitness subscriptions and online advertising through the Connected Fitness business sector’s applications, which include MapMyFitness, MyFitnessPal, and Endomondo.
Source: beststocks.com
