Generali Investments CEE investicni spolecnost a.s. lifted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 35.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,179 shares of the apparel retailer’s stock after purchasing an additional 2,149 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in lululemon athletica were worth $1,943,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also modified their holdings of LULU. Vanguard Group Inc. boosted its holdings in lululemon athletica by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer’s stock valued at $3,755,337,000 after acquiring an additional 157,764 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in lululemon athletica by 3.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock valued at $1,418,389,000 after acquiring an additional 162,295 shares during the period. Alliancebernstein L.P. boosted its holdings in lululemon athletica by 9.0% during the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after acquiring an additional 394,706 shares during the period. Flossbach Von Storch SE boosted its holdings in lululemon athletica by 10.3% during the 1st quarter. Flossbach Von Storch SE now owns 1,401,885 shares of the apparel retailer’s stock valued at $396,818,000 after acquiring an additional 130,565 shares during the period. Finally, Invesco Ltd. boosted its holdings in lululemon athletica by 7.2% during the 1st quarter. Invesco Ltd. now owns 1,387,609 shares of the apparel retailer’s stock valued at $392,777,000 after acquiring an additional 93,530 shares during the period. 85.20% of the stock is currently owned by hedge funds and other institutional investors.
lululemon athletica Price Performance
LULU stock opened at $177.93 on Wednesday. The firm has a market capitalization of $21.10 billion, a P/E ratio of 12.10, a P/E/G ratio of 11.19 and a beta of 1.12. The business’s 50-day moving average is $190.26 and its two-hundred day moving average is $244.56. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. JPMorgan Chase & Co. lowered their target price on lululemon athletica from $224.00 to $191.00 and set a “neutral” rating for the company in a report on Friday, September 5th. UBS Group lowered their target price on lululemon athletica from $240.00 to $185.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Wells Fargo & Company lowered their target price on lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating for the company in a report on Friday, September 5th. Morgan Stanley lowered their target price on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating for the company in a report on Tuesday. Finally, HSBC lowered lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price target on the stock. in a research report on Thursday, September 11th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twenty-six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, lululemon athletica currently has an average rating of “Hold” and an average target price of $233.33.
View Our Latest Stock Analysis on lululemon athletica
lululemon athletica Profile
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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