WINTON GROUP Ltd Acquires 2,283 Shares of Lululemon Athletica inc. (LULU)

WINTON GROUP Ltd boosted its holdings in Lululemon Athletica inc. (NASDAQ:LULU) by 49.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,908 shares of the apparel retailer’s stock after purchasing an additional 2,283 shares during the quarter. WINTON GROUP Ltd’s holdings in Lululemon Athletica were worth $1,122,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company grew its holdings in shares of Lululemon Athletica by 42.4% during the first quarter. The Manufacturers Life Insurance Company now owns 2,110 shares of the apparel retailer’s stock valued at $188,000 after buying an additional 628 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Lululemon Athletica by 79.7% during the first quarter. Principal Financial Group Inc. now owns 418,724 shares of the apparel retailer’s stock valued at $37,317,000 after buying an additional 185,668 shares during the last quarter. Allianz Asset Management GmbH purchased a new stake in shares of Lululemon Athletica during the first quarter valued at approximately $319,000. IFM Investors Pty Ltd grew its holdings in shares of Lululemon Athletica by 64.6% during the second quarter. IFM Investors Pty Ltd now owns 4,832 shares of the apparel retailer’s stock valued at $603,000 after buying an additional 1,897 shares during the last quarter. Finally, Xact Kapitalforvaltning AB grew its holdings in shares of Lululemon Athletica by 7.0% during the second quarter. Xact Kapitalforvaltning AB now owns 22,892 shares of the apparel retailer’s stock valued at $2,858,000 after buying an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

LULU opened at $140.51 on Wednesday. Lululemon Athletica inc. has a 1-year low of $63.55 and a 1-year high of $164.79. The company has a market capitalization of $17.93 billion, a price-to-earnings ratio of 54.25, a price-to-earnings-growth ratio of 1.97 and a beta of 0.38.

Lululemon Athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, August 30th. The apparel retailer reported $0.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.22. Lululemon Athletica had a net margin of 11.97% and a return on equity of 28.67%. The business had revenue of $723.50 million for the quarter, compared to the consensus estimate of $669.14 million. During the same period last year, the firm earned $0.39 earnings per share. On average, sell-side analysts predict that Lululemon Athletica inc. will post 3.58 EPS for the current fiscal year.

A number of equities research analysts have recently commented on the stock. Stifel Nicolaus increased their price target on shares of Lululemon Athletica from $113.00 to $150.00 and gave the company a “hold” rating in a report on Friday, August 31st. B. Riley increased their price target on shares of Lululemon Athletica from $112.00 to $128.00 and gave the company a “neutral” rating in a report on Wednesday, August 15th. SunTrust Banks increased their price target on shares of Lululemon Athletica to $162.00 and gave the company a “buy” rating in a report on Friday, August 31st. Telsey Advisory Group increased their price target on shares of Lululemon Athletica from $145.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, August 31st. Finally, Bank of America increased their price target on shares of Lululemon Athletica from $150.00 to $172.00 and gave the company a “buy” rating in a report on Friday, August 31st. Thirteen research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have given a strong buy rating to the company’s stock. Lululemon Athletica presently has an average rating of “Buy” and an average target price of $154.36.

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About Lululemon Athletica

lululemon athletica inc., an athletic apparel company, together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. It operates through two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits; and athletic wear for female youth.

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Institutional Ownership by Quarter for Lululemon Athletica (NASDAQ:LULU)

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