Win Advisors Inc. acquired a new stake in Lululemon Athletica Inc. (NASDAQ:LULU - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,955 shares of the apparel retailer's stock, valued at approximately $1,130,000.
A number of other large investors have also added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in Lululemon Athletica by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,474,828 shares of the apparel retailer's stock valued at $669,036,000 after buying an additional 44,294 shares during the last quarter. International Assets Investment Management LLC raised its holdings in Lululemon Athletica by 74,856.2% during the 3rd quarter. International Assets Investment Management LLC now owns 895,726 shares of the apparel retailer's stock worth $243,055,000 after purchasing an additional 894,531 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Lululemon Athletica by 2.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 702,294 shares of the apparel retailer's stock worth $190,567,000 after purchasing an additional 19,808 shares during the last quarter. Montrusco Bolton Investments Inc. raised its holdings in Lululemon Athletica by 43.5% during the 3rd quarter. Montrusco Bolton Investments Inc. now owns 611,814 shares of the apparel retailer's stock worth $166,016,000 after purchasing an additional 185,440 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its holdings in Lululemon Athletica by 60.4% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 546,162 shares of the apparel retailer's stock worth $148,201,000 after purchasing an additional 205,757 shares during the last quarter. Institutional investors own 85.20% of the company's stock.
NASDAQ LULU opened at $415.90 on Wednesday. The stock has a market capitalization of $50.65 billion, a price-to-earnings ratio of 30.03, a PEG ratio of 2.70 and a beta of 1.19. Lululemon Athletica Inc. has a one year low of $226.01 and a one year high of $480.94. The business's fifty day moving average is $380.41 and its 200-day moving average is $312.91.
Lululemon Athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings data on Thursday, December 5th. The apparel retailer reported $2.87 EPS for the quarter, beating the consensus estimate of $2.69 by $0.18. The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.36 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The company's revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.53 earnings per share. Research analysts expect that Lululemon Athletica Inc. will post 14.36 EPS for the current fiscal year.
LULU has been the subject of several analyst reports. Truist Financial raised their price target on shares of Lululemon Athletica from $420.00 to $460.00 and gave the stock a "buy" rating in a report on Friday, January 10th. William Blair reaffirmed an "outperform" rating on shares of Lululemon Athletica in a research report on Friday, December 6th. Telsey Advisory Group raised their price objective on shares of Lululemon Athletica from $430.00 to $445.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 14th. Barclays raised their price objective on shares of Lululemon Athletica from $378.00 to $411.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 16th. Finally, Robert W. Baird raised their price objective on shares of Lululemon Athletica from $380.00 to $440.00 and gave the stock an "outperform" rating in a research report on Friday, December 6th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty have assigned a buy rating to the company. Based on data from MarketBeat, Lululemon Athletica has a consensus rating of "Moderate Buy" and an average target price of $395.67.
View Our Latest Stock Analysis on LULU
In other news, insider Nicole Neuburger sold 2,022 shares of the stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $387.11, for a total value of $782,736.42. Following the sale, the insider now directly owns 6,198 shares of the company's stock, valued at approximately $2,399,307.78. This represents a 24.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Celeste Burgoyne sold 24,870 shares of the company's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $405.54, for a total transaction of $10,085,779.80. Following the completion of the transaction, the insider now owns 12,429 shares in the company, valued at approximately $5,040,456.66. This trade represents a 66.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.48% of the company's stock.
Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.
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