lululemon athletica inc. (LULU) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC reduced its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 79.3% during the third quarter, Holdings Channel reports. The institutional investor owned 8,063 shares of the apparel retailer’s stock after selling 30,967 shares during the period. HighTower Advisors LLC’s holdings in lululemon athletica inc. were worth $487,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sumitomo Mitsui Asset Management Company LTD raised its stake in lululemon athletica inc. by 1.8% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 7,949 shares of the apparel retailer’s stock valued at $587,000 after buying an additional 137 shares during the last quarter. Columbus Circle Investors raised its stake in lululemon athletica inc. by 32.9% in the second quarter. Columbus Circle Investors now owns 414,565 shares of the apparel retailer’s stock valued at $30,620,000 after buying an additional 102,547 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in lululemon athletica inc. by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 264,822 shares of the apparel retailer’s stock valued at $19,555,000 after buying an additional 1,913 shares during the last quarter. D L Carlson Investment Group Inc. raised its stake in lululemon athletica inc. by 40.2% in the second quarter. D L Carlson Investment Group Inc. now owns 51,205 shares of the apparel retailer’s stock valued at $3,782,000 after buying an additional 14,675 shares during the last quarter. Finally, Mycio Wealth Partners LLC raised its stake in lululemon athletica inc. by 0.6% in the second quarter. Mycio Wealth Partners LLC now owns 1,972 shares of the apparel retailer’s stock valued at $146,000 after buying an additional 12 shares during the last quarter. 90.90% of the stock is currently owned by institutional investors and hedge funds.

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

lululemon athletica inc. (NASDAQ:LULU) traded up 0.93% during trading on Friday, hitting $67.62. 1,240,274 shares of the company were exchanged. The company has a market capitalization of $9.27 billion, a price-to-earnings ratio of 32.65 and a beta of 0.23. lululemon athletica inc. has a 12 month low of $54.00 and a 12 month high of $81.81. The stock’s 50-day moving average is $67.20 and its 200-day moving average is $65.88.

lululemon athletica inc. (NASDAQ:LULU) last posted its quarterly earnings data on Wednesday, December 7th. The apparel retailer reported $0.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.04. The business had revenue of $544.40 million for the quarter, compared to the consensus estimate of $540.81 million. lululemon athletica inc. had a net margin of 12.60% and a return on equity of 24.32%. The company’s revenue was up 13.5% compared to the same quarter last year. During the same period last year, the firm posted $0.35 earnings per share. Equities research analysts anticipate that lululemon athletica inc. will post $2.15 earnings per share for the current year.

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Several analysts have issued reports on the stock. DA Davidson set a $63.00 price target on shares of lululemon athletica inc. and gave the company a “hold” rating in a research report on Thursday, December 1st. Wedbush set a $70.00 price target on shares of lululemon athletica inc. and gave the company a “buy” rating in a research report on Tuesday, December 6th. Pacific Crest lowered shares of lululemon athletica inc. to a “hold” rating in a research report on Saturday, February 4th. Zacks Investment Research lowered shares of lululemon athletica inc. from a “buy” rating to a “hold” rating in a research report on Thursday, February 2nd. Finally, Susquehanna Bancshares Inc restated a “buy” rating and set a $77.00 price target on shares of lululemon athletica inc. in a research report on Thursday, December 1st. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-three have issued a buy rating to the company. lululemon athletica inc. has an average rating of “Buy” and a consensus price target of $71.83.

About lululemon athletica inc.

Lululemon Athletica Inc is a designer, distributor and retailer of technical athletic apparel. The Company’s segments include Company-operated stores, Direct to consumer and Other. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, other sweaty pursuits and athletic wear for female youth.

5 Day Chart for NASDAQ:LULU

Want to see what other hedge funds are holding LULU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for lululemon athletica inc. (NASDAQ:LULU).

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