Under Armour, Inc. (UAA) Reaches $20.60 After 3.00% Up Move; Southeast Asset Advisors Trimmed Ametek New (AME) Position

May 24, 2018 - By Maria Brooks


Southeast Asset Advisors Inc decreased Ametek Inc New (AME) stake by 52.56% reported in 2017Q4 SEC filing. Southeast Asset Advisors Inc sold 10,170 shares as Ametek Inc New (AME)’s stock rose 3.40%. The Southeast Asset Advisors Inc holds 9,180 shares with $665,000 value, down from 19,350 last quarter. Ametek Inc New now has $17.42 billion valuation. The stock increased 0.43% or $0.32 during the last trading session, reaching $75.24. About 373,366 shares traded. AMETEK, Inc. (NYSE:AME) has risen 40.32% since May 24, 2017 and is uptrending. It has outperformed by 28.77% the S&P500.

The stock of Under Armour, Inc. (NYSE:UAA) is a huge mover today! The stock increased 2.64% or $0.53 during the last trading session, reaching $20.6. About 1.13 million shares traded. Under Armour, Inc. (NYSE:UAA) has declined 17.22% since May 24, 2017 and is downtrending. It has underperformed by 28.77% the S&P500.The move comes after 7 months positive chart setup for the $8.60B company. It was reported on May, 24 by Barchart.com. We have $21.22 PT which if reached, will make NYSE:UAA worth $257.94 million more.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.09, from 1.2 in 2017Q3. It increased, as 30 investors sold AME shares while 150 reduced holdings. 69 funds opened positions while 163 raised stakes. 192.20 million shares or 0.03% more from 192.13 million shares in 2017Q3 were reported. Northwestern Mutual Wealth Mgmt Communication invested in 0% or 701 shares. Cornerstone stated it has 0.03% of its portfolio in AMETEK, Inc. (NYSE:AME). Ent Fin Corporation reported 0% in AMETEK, Inc. (NYSE:AME). Pub Employees Retirement Sys Of Ohio stated it has 98,957 shares or 0.04% of all its holdings. 176,875 were accumulated by Canada Pension Plan Board. California Public Employees Retirement System invested 0.05% of its portfolio in AMETEK, Inc. (NYSE:AME). Palisade Cap Mgmt Ltd Limited Liability Company Nj invested in 103,207 shares. Rmb Llc has invested 0.02% in AMETEK, Inc. (NYSE:AME). Fil reported 0.11% in AMETEK, Inc. (NYSE:AME). 4,006 were reported by Caisse De Depot Et Placement Du Quebec. Flossbach Von Storch Ag reported 0.1% of its portfolio in AMETEK, Inc. (NYSE:AME). Lord Abbett And Communications Llc invested in 0.41% or 1.99M shares. Parkwood Ltd Liability Company holds 3,034 shares or 0.03% of its portfolio. Wells Fargo And Com Mn reported 1.17M shares or 0.02% of all its holdings. Boston Ptnrs, Massachusetts-based fund reported 5.17M shares.

Among 14 analysts covering AMETEK (NYSE:AME), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. AMETEK had 65 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Friday, October 6 by Robert W. Baird. The firm has “Outperform” rating by Cowen & Co given on Wednesday, January 4. The firm earned “Buy” rating on Friday, August 11 by Cowen & Co. BMO Capital Markets maintained the shares of AME in report on Thursday, January 25 with “Buy” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, August 5 report. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, June 27. The firm has “Buy” rating by RBC Capital Markets given on Thursday, November 2. On Monday, June 5 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of AMETEK, Inc. (NYSE:AME) earned “Buy” rating by Bank of America on Thursday, October 29. Atlantic Securities upgraded it to “Overweight” rating and $62 target in Wednesday, February 15 report.

Since December 11, 2017, it had 0 insider purchases, and 13 selling transactions for $9.09 million activity. WILLIAMS DENNIS K also sold $309,672 worth of AMETEK, Inc. (NYSE:AME) on Thursday, February 22. Oscher Ronald J also sold $1.13M worth of AMETEK, Inc. (NYSE:AME) on Thursday, February 15. EGINTON WILLIAM D had sold 16,368 shares worth $1.26 million on Monday, February 5. VARET ELIZEBETH R also sold $227,550 worth of AMETEK, Inc. (NYSE:AME) shares. Kohlhagen Steven W also sold $391,550 worth of AMETEK, Inc. (NYSE:AME) on Friday, March 9. Another trade for 25,965 shares valued at $2.04 million was sold by Hardin John Wesley. $1.86 million worth of AMETEK, Inc. (NYSE:AME) shares were sold by ZAPICO DAVID A.

Analysts await AMETEK, Inc. (NYSE:AME) to report earnings on August, 1. They expect $0.78 EPS, up 20.00% or $0.13 from last year’s $0.65 per share. AME’s profit will be $180.63 million for 24.12 P/E if the $0.78 EPS becomes a reality. After $0.78 actual EPS reported by AMETEK, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company has market cap of $8.60 billion. The firm offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes. It currently has negative earnings. It also provides various footwear products, including running, basketball, cleated, slides and performance training, and outdoor footwear.

Analysts await Under Armour, Inc. (NYSE:UAA) to report earnings on August, 7. They expect $-0.08 earnings per share, down 166.67% or $0.05 from last year’s $-0.03 per share.

More notable recent Under Armour, Inc. (NYSE:UAA) news were published by: Benzinga.com which released: “Under Armour, Valero, And 3 Other Stocks In Strong Directional Trends This Week” on May 22, 2018, also 247Wallst.com with their article: “How Under Armour Managed to Pull Off a Decent Q1 Report” published on May 01, 2018, Seekingalpha.com published: “Why This Is Not The Time To Buy Under Armour” on May 21, 2018. More interesting news about Under Armour, Inc. (NYSE:UAA) were released by: Benzinga.com and their article: “Analyst: Under Armour Offers ‘One Of The Strongest Absolute Return Opportunities'” published on May 06, 2018 as well as Seekingalpha.com‘s news article titled: “UnderArmour Earnings Preview” with publication date: April 29, 2018.

AMETEK, Inc. (NYSE:AME) Institutional Positions Chart

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