Hudson Bay Capital Administration LP elevated its place in shares of Lululemon Athletica Inc. (NASDAQ:LULU – Get Rating) by 655.0% through the second quarter, in response to its most up-to-date submitting with the Securities & Change Fee. The fund owned 22,651 shares of the attire retailer’s inventory after buying an extra 19,651 shares through the interval. Hudson Bay Capital Administration LP’s holdings in Lululemon Athletica had been value $6,175,000 on the finish of the latest reporting interval.
Various different hedge funds and different institutional buyers have additionally purchased and bought shares of the corporate. Manchester Capital Administration LLC acquired a brand new place in shares of Lululemon Athletica within the 1st quarter valued at about $30,000. Harel Insurance coverage Investments & Monetary Companies Ltd. lifted its stake in shares of Lululemon Athletica by 440.9% within the 2nd quarter. Harel Insurance coverage Investments & Monetary Companies Ltd. now owns 119 shares of the attire retailer’s inventory valued at $32,000 after buying an extra 97 shares through the interval. Enterprise Visionary Companions LLC acquired a brand new place in shares of Lululemon Athletica within the 2nd quarter valued at about $34,000. Core Different Capital lifted its stake in shares of Lululemon Athletica by 95.5% within the 2nd quarter. Core Different Capital now owns 129 shares of the attire retailer’s inventory valued at $35,000 after buying an extra 63 shares through the interval. Lastly, Hazlett Burt & Watson Inc. acquired a brand new place in shares of Lululemon Athletica within the 1st quarter valued at about $37,000. Institutional buyers personal 81.11% of the corporate’s inventory.
Insider Shopping for and Promoting
In different Lululemon Athletica information, Director Kathryn Henry bought 189 shares of the agency’s inventory in a transaction dated Monday, September twelfth. The inventory was bought at a mean value of $351.80, for a complete transaction of $66,490.20. Following the sale, the director now owns 4,102 shares within the firm, valued at $1,443,083.60. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is obtainable at the SEC website. 0.46% of the inventory is at the moment owned by firm insiders.
Lululemon Athletica Buying and selling Up 0.2 %
Shares of NASDAQ LULU opened at $361.16 on Friday. The inventory has a fifty day easy transferring common of $319.78 and a two-hundred day easy transferring common of $307.35. Lululemon Athletica Inc. has a 1-year low of $251.51 and a 1-year excessive of $468.77. The agency has a market cap of $46.05 billion, a price-to-earnings ratio of 42.29, a price-to-earnings-growth ratio of 1.83 and a beta of 1.30.
Lululemon Athletica (NASDAQ:LULU – Get Rating) final issued its quarterly earnings knowledge on Thursday, September 1st. The attire retailer reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.34. Lululemon Athletica had a return on fairness of 40.95% and a internet margin of 15.60%. The corporate had income of $1.87 billion for the quarter, in comparison with the consensus estimate of $1.77 billion. Throughout the identical quarter final 12 months, the enterprise posted $1.65 earnings per share. The agency’s income was up 28.8% in comparison with the identical quarter final 12 months. Analysts forecast that Lululemon Athletica Inc. will submit 9.89 EPS for the present 12 months.
Analysts Set New Worth Targets
LULU has been the subject of a variety of current analyst experiences. Deutsche Financial institution Aktiengesellschaft boosted their value goal on Lululemon Athletica from $427.00 to $434.00 and gave the corporate a “purchase” score in a analysis notice on Friday, September 2nd. Piper Sandler raised Lululemon Athletica from a “impartial” score to an “obese” score and upped their value goal for the inventory from $320.00 to $350.00 in a analysis notice on Tuesday, October eleventh. The Goldman Sachs Group upped their value goal on Lululemon Athletica from $365.00 to $383.00 in a analysis notice on Friday, September 2nd. Morgan Stanley upped their value goal on Lululemon Athletica from $315.00 to $343.00 and gave the inventory an “obese” score in a analysis notice on Friday, September 2nd. Lastly, JPMorgan Chase & Co. dropped their value goal on Lululemon Athletica from $464.00 to $413.00 and set an “obese” score on the inventory in a analysis notice on Tuesday, October twenty fifth. One analysis analyst has rated the inventory with a promote score, six have given a maintain score, eighteen have issued a purchase score and one has issued a powerful purchase score to the inventory. In accordance with MarketBeat.com, the corporate at the moment has a consensus score of “Reasonable Purchase” and a consensus value goal of $400.74.
About Lululemon Athletica
lululemon athletica inc., along with its subsidiaries, designs, distributes, and retails athletic attire and equipment for ladies and men. It operates in two segments, Firm-Operated Shops and Direct to Shopper. The corporate gives pants, shorts, tops, and jackets for wholesome life-style and athletic actions, reminiscent of yoga, working, and coaching, in addition to different sweaty pursuits.
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