Victory Capital Administration Inc. boosted its holdings in Lululemon Athletica Inc. (NASDAQ:LULU – Free Report) by 11.3% in the course of the third quarter, based on the corporate in its most up-to-date disclosure with the Securities and Change Fee. The fund owned 103,577 shares of the attire retailer’s inventory after buying an extra 10,499 shares in the course of the interval. Victory Capital Administration Inc. owned about 0.08% of Lululemon Athletica value $28,106,000 as of its most up-to-date SEC submitting.
Quite a lot of different institutional buyers have additionally not too long ago purchased and bought shares of LULU. Shepherd Monetary Companions LLC bought a brand new place in shares of Lululemon Athletica within the third quarter value about $953,000. XTX Topco Ltd grew its place in shares of Lululemon Athletica by 281.4% in the course of the 2nd quarter. XTX Topco Ltd now owns 8,894 shares of the attire retailer’s inventory valued at $2,657,000 after buying an extra 6,562 shares in the course of the interval. Envestnet Portfolio Options Inc. elevated its stake in shares of Lululemon Athletica by 31.8% in the course of the 2nd quarter. Envestnet Portfolio Options Inc. now owns 15,425 shares of the attire retailer’s inventory value $4,607,000 after buying an extra 3,721 shares over the last quarter. Gateway Funding Advisers LLC raised its holdings in shares of Lululemon Athletica by 9.7% within the 2nd quarter. Gateway Funding Advisers LLC now owns 34,709 shares of the attire retailer’s inventory value $10,368,000 after buying an extra 3,077 shares in the course of the interval. Lastly, Rheos Capital Works Inc. lifted its stake in Lululemon Athletica by 19.2% within the third quarter. Rheos Capital Works Inc. now owns 15,500 shares of the attire retailer’s inventory valued at $4,206,000 after buying an extra 2,500 shares over the last quarter. Institutional buyers personal 85.20% of the corporate’s inventory.
Lululemon Athletica Inventory Efficiency
LULU inventory opened at $320.01 on Monday. The corporate has a market capitalization of $39.29 billion, a PE ratio of 24.73, a price-to-earnings-growth ratio of two.33 and a beta of 1.24. Lululemon Athletica Inc. has a one 12 months low of $226.01 and a one 12 months excessive of $516.39. The corporate’s 50 day shifting common value is $286.35 and its two-hundred day shifting common value is $289.45.
Lululemon Athletica (NASDAQ:LULU – Get Free Report) final posted its quarterly earnings outcomes on Thursday, August twenty ninth. The attire retailer reported $3.15 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.22. Lululemon Athletica had a internet margin of 16.34% and a return on fairness of 42.59%. The enterprise had income of $2.40 billion in the course of the quarter, in comparison with the consensus estimate of $2.41 billion. Throughout the identical interval within the earlier 12 months, the agency posted $2.68 earnings per share. The agency’s income for the quarter was up 9.1% on a year-over-year foundation. On common, analysis analysts predict that Lululemon Athletica Inc. will put up 14.02 EPS for the present 12 months.
Insider Shopping for and Promoting
In different Lululemon Athletica information, insider Nicole Neuburger bought 486 shares of the agency’s inventory in a transaction on Thursday, September twenty sixth. The shares have been bought at a mean value of $269.59, for a complete worth of $131,020.74. Following the sale, the insider now owns 6,198 shares of the corporate’s inventory, valued at $1,670,918.82. This commerce represents a 7.27 % lower of their place. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is on the market at the SEC web site. Additionally, CEO Calvin Mcdonald acquired 4,000 shares of the inventory in a transaction dated Tuesday, September third. The shares have been bought at a mean price of $260.00 per share, with a complete worth of $1,040,000.00. Following the completion of the acquisition, the chief government officer now owns 89,922 shares of the corporate’s inventory, valued at roughly $23,379,720. The commerce was a 4.66 % improve of their place. The disclosure for this buy could be discovered right here. 0.48% of the inventory is owned by company insiders.
Wall Road Analyst Weigh In
A number of brokerages have issued reviews on LULU. Jefferies Monetary Group restated an “underperform” ranking and issued a $220.00 goal value on shares of Lululemon Athletica in a analysis notice on Thursday, July twenty fifth. Piper Sandler upped their value goal on shares of Lululemon Athletica from $250.00 to $260.00 and gave the corporate a “impartial” ranking in a report on Friday, August thirtieth. TD Securities lifted their goal value on shares of Lululemon Athletica from $375.00 to $382.00 and gave the inventory a “purchase” ranking in a analysis notice on Friday, August thirtieth. UBS Group dropped their value goal on shares of Lululemon Athletica from $385.00 to $315.00 and set a “impartial” ranking on the inventory in a analysis notice on Tuesday, August twentieth. Lastly, Evercore ISI reaffirmed an “outperform” ranking and issued a $300.00 value goal on shares of Lululemon Athletica in a report on Monday, August twenty sixth. Two analysis analysts have rated the inventory with a promote ranking, 9 have given a maintain ranking and twenty have assigned a purchase ranking to the corporate’s inventory. Based on MarketBeat, the inventory presently has a consensus ranking of “Reasonable Purchase” and a mean goal value of $357.13.
Get Our Newest Evaluation on LULU
Lululemon Athletica Profile
Lululemon Athletica Inc, along with its subsidiaries, designs, distributes, and retails athletic attire, footwear, and equipment underneath the lululemon model for men and women. It provides pants, shorts, tops, and jackets for wholesome life-style, corresponding to yoga, working, coaching, and different actions. It additionally gives fitness-inspired equipment.
Featured Tales
Obtain Information & Rankings for Lululemon Athletica Day by day – Enter your e-mail handle beneath to obtain a concise day by day abstract of the most recent information and analysts’ rankings for Lululemon Athletica and associated corporations with MarketBeat.com’s FREE day by day e-mail e-newsletter.
