Under Armour Inc (UA) Shares Sold by Train Babcock Advisors LLC

Train Babcock Advisors LLC trimmed its holdings in shares of Under Armour Inc (NYSE:UA) by 75.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,350 shares of the company’s stock after selling 37,500 shares during the quarter. Train Babcock Advisors LLC’s holdings in Under Armour were worth $165,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. LeJeune Puetz Investment Counsel LLC purchased a new position in shares of Under Armour during the third quarter valued at $103,000. Massey Quick Simon & CO. LLC purchased a new position in shares of Under Armour during the third quarter valued at $139,000. Abbot Financial Management Inc. purchased a new position in shares of Under Armour during the third quarter valued at $153,000. Ahrens Investment Partners LLC purchased a new position in shares of Under Armour during the third quarter valued at $158,000. Finally, Boston Private Wealth LLC purchased a new position in shares of Under Armour during the third quarter valued at $159,000. Institutional investors and hedge funds own 31.84% of the company’s stock.

Under Armour Inc (UA) opened at $13.94 on Thursday. Under Armour Inc has a 52 week low of $10.36 and a 52 week high of $27.48. The stock has a market capitalization of $6,370.00 and a PE ratio of 43.56.

Several equities analysts have recently commented on the company. Susquehanna Bancshares restated a “sell” rating and set a $11.00 price target on shares of Under Armour in a research note on Tuesday. Vetr upgraded Under Armour from a “hold” rating to a “strong-buy” rating and set a $17.86 price target on the stock in a research note on Monday. Deutsche Bank set a $12.00 price target on Under Armour and gave the company a “sell” rating in a research note on Thursday, December 14th. Stifel Nicolaus upgraded Under Armour from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Friday, December 15th. Finally, ValuEngine upgraded Under Armour from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Nine investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $16.14.

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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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