Shares of Under Armour Inc. (NYSE:UA) saw unusually-strong trading volume on Monday . Approximately 5,902,751 shares traded hands during trading, an increase of 28% from the previous session’s volume of 4,612,965 shares.The stock last traded at $43.67 and had previously closed at $42.85.

Several equities analysts have recently weighed in on UA shares. Zacks Investment Research raised Under Armour from a “hold” rating to a “buy” rating and set a $96.00 target price on the stock in a research report on Thursday, April 7th. Brean Capital reaffirmed a “buy” rating and issued a $88.00 price objective on shares of Under Armour in a research report on Tuesday, April 5th. Vetr raised Under Armour from a “hold” rating to a “buy” rating and set a $89.47 price objective on the stock in a research report on Monday, April 4th. FBR & Co reaffirmed a “buy” rating and issued a $115.00 price objective on shares of Under Armour in a research report on Monday, March 28th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $47.50 price objective (down previously from $95.00) on shares of Under Armour in a research report on Wednesday, April 13th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twenty-two have assigned a buy rating to the company’s stock. Under Armour presently has a consensus rating of “Buy” and an average target price of $67.26.

The company has a 50 day moving average of $39.49 and a 200-day moving average of $39.90. The company has a market cap of $38.10 billion and a PE ratio of 81.63.

Other hedge funds recently made changes to their positions in the company. Gulf International Bank UK Ltd increased its stake in shares of Under Armour by 0.7% in the fourth quarter. Gulf International Bank UK Ltd now owns 52,586 shares of the apparel retailer’s stock valued at $4,239,000 after buying an additional 350 shares in the last quarter. Advantus Capital Management Inc increased its stake in shares of Under Armour by 3.6% in the fourth quarter. Advantus Capital Management Inc now owns 17,511 shares of the apparel retailer’s stock valued at $1,412,000 after buying an additional 611 shares in the last quarter. RidgeWorth Capital Management LLC increased its stake in shares of Under Armour by 0.3% in the fourth quarter. RidgeWorth Capital Management LLC now owns 293,617 shares of the apparel retailer’s stock valued at $23,668,000 after buying an additional 928 shares in the last quarter. Mizuho Trust & Banking Co. Ltd. increased its stake in shares of Under Armour by 0.3% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 270,397 shares of the apparel retailer’s stock valued at $21,891,000 after buying an additional 939 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of Under Armour by 6.2% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 23,902 shares of the apparel retailer’s stock valued at $1,927,000 after buying an additional 1,388 shares in the last quarter.

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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