lululemon athletica inc. (LULU) Shares Sold by State of Wisconsin Investment Board

State of Wisconsin Investment Board trimmed its holdings in lululemon athletica inc. (NASDAQ:LULU) by 1.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 82,347 shares of the apparel retailer’s stock after selling 1,396 shares during the quarter. State of Wisconsin Investment Board owned about 0.06% of lululemon athletica inc. worth $5,126,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in lululemon athletica inc. by 3.1% during the 2nd quarter. Vanguard Group Inc. now owns 7,850,066 shares of the apparel retailer’s stock worth $468,413,000 after purchasing an additional 233,035 shares during the last quarter. BlackRock Inc. raised its holdings in lululemon athletica inc. by 4.4% during the 2nd quarter. BlackRock Inc. now owns 5,373,376 shares of the apparel retailer’s stock worth $320,629,000 after purchasing an additional 228,068 shares during the last quarter. HS Management Partners LLC raised its holdings in lululemon athletica inc. by 36.4% during the 2nd quarter. HS Management Partners LLC now owns 2,775,486 shares of the apparel retailer’s stock worth $165,613,000 after purchasing an additional 741,200 shares during the last quarter. Janus Henderson Group PLC raised its holdings in lululemon athletica inc. by 16,053.2% during the 2nd quarter. Janus Henderson Group PLC now owns 2,614,550 shares of the apparel retailer’s stock worth $156,010,000 after purchasing an additional 2,598,364 shares during the last quarter. Finally, Eaton Vance Management bought a new stake in lululemon athletica inc. during the 2nd quarter worth about $126,967,000. 79.69% of the stock is owned by institutional investors and hedge funds.

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lululemon athletica inc. (NASDAQ LULU) opened at $66.88 on Tuesday. The firm has a market capitalization of $9,050.00, a price-to-earnings ratio of 30.42, a price-to-earnings-growth ratio of 2.30 and a beta of 0.15. lululemon athletica inc. has a 12-month low of $47.26 and a 12-month high of $72.70.

lululemon athletica inc. (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, August 31st. The apparel retailer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. The firm had revenue of $581.10 million for the quarter, compared to analysts’ expectations of $567.40 million. lululemon athletica inc. had a return on equity of 22.51% and a net margin of 11.68%. The company’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.38 EPS. equities analysts expect that lululemon athletica inc. will post 2.43 earnings per share for the current year.

Several brokerages have weighed in on LULU. Zacks Investment Research cut lululemon athletica inc. from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. B. Riley reissued a “neutral” rating on shares of lululemon athletica inc. in a report on Wednesday, November 1st. BidaskClub cut lululemon athletica inc. from a “buy” rating to a “hold” rating in a report on Saturday, August 12th. Vetr raised lululemon athletica inc. from a “hold” rating to a “buy” rating and set a $63.40 price objective for the company in a report on Thursday, August 10th. Finally, BMO Capital Markets set a $55.00 price objective on lululemon athletica inc. and gave the stock a “hold” rating in a report on Tuesday, August 8th. Three research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $65.67.

lululemon athletica inc. Company Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.

Institutional Ownership by Quarter for lululemon athletica inc. (NASDAQ:LULU)

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