Mizuho Markets Americas LLC Buys Shares of 277,515 lululemon athletica inc. $LULU

Mizuho Markets Americas LLC purchased a new stake in lululemon athletica inc. (NASDAQ:LULUFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 277,515 shares of the apparel retailer’s stock, valued at approximately $57,670,000. lululemon athletica makes up 1.1% of Mizuho Markets Americas LLC’s investment portfolio, making the stock its 19th biggest holding.

Other large investors also recently bought and sold shares of the company. Integrated Financial Solutions Inc. bought a new stake in lululemon athletica during the 4th quarter valued at $26,000. GoalVest Advisory LLC purchased a new position in shares of lululemon athletica in the 4th quarter valued at $27,000. Elyxium Wealth LLC bought a new position in shares of lululemon athletica in the 4th quarter worth $31,000. Cornerstone Planning Group LLC lifted its stake in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after purchasing an additional 68 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp lifted its stake in shares of lululemon athletica by 187.5% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after purchasing an additional 105 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on LULU shares. JPMorgan Chase & Co. cut their target price on lululemon athletica from $196.00 to $173.00 in a research note on Wednesday, May 6th. UBS Group decreased their price target on shares of lululemon athletica from $189.00 to $176.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. BNP Paribas Exane lowered their price target on shares of lululemon athletica from $206.00 to $170.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. Telsey Advisory Group cut their price objective on shares of lululemon athletica from $215.00 to $175.00 and set a “market perform” rating on the stock in a research report on Wednesday, March 18th. Finally, Weiss Ratings lowered shares of lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twenty-eight have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $201.66.

Check Out Our Latest Research Report on lululemon athletica

Insider Buying and Selling at lululemon athletica

In other news, insider Nicole Neuburger sold 622 shares of the business’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total value of $100,142.00. Following the completion of the transaction, the insider owned 19,156 shares of the company’s stock, valued at $3,084,116. The trade was a 3.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Charles V. Bergh bought 6,090 shares of the stock in a transaction dated Friday, March 20th. The stock was bought at an average price of $164.20 per share, for a total transaction of $999,978.00. Following the purchase, the director directly owned 6,090 shares of the company’s stock, valued at approximately $999,978. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.54% of the company’s stock.

lululemon athletica News Roundup

Here are the key news stories impacting lululemon athletica this week:

lululemon athletica Trading Up 0.3%

LULU opened at $127.18 on Friday. The firm has a 50 day moving average of $148.01 and a two-hundred day moving average of $172.78. The firm has a market capitalization of $15.35 billion, a PE ratio of 9.56, a P/E/G ratio of 3.90 and a beta of 0.90. lululemon athletica inc. has a 12-month low of $116.63 and a 12-month high of $340.25.

lululemon athletica (NASDAQ:LULUGet Free Report) last issued its earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.78 by $0.23. The firm had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.59 billion. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The firm’s revenue was up .0% compared to the same quarter last year. During the same quarter last year, the company posted $6.14 earnings per share. As a group, analysts predict that lululemon athletica inc. will post 12.3 EPS for the current fiscal year.

lululemon athletica Company Profile

(Free Report)

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.

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

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