Capital Advisors Ltd. LLC Grows Holdings in Lululemon Athletica Inc. (NASDAQ:LULU)

Capital Advisors Ltd. LLC raised its position in Lululemon Athletica Inc. (NASDAQ:LULU) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 325 shares of the apparel retailer’s stock after buying an additional 28 shares during the period. Capital Advisors Ltd. LLC’s holdings in Lululemon Athletica were worth $124,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Midwest Capital Advisors LLC purchased a new position in Lululemon Athletica in the fourth quarter valued at $164,000. Union Bancaire Privee UBP SA acquired a new stake in shares of Lululemon Athletica in the fourth quarter valued at about $2,360,000. World Equity Group Inc. acquired a new stake in shares of Lululemon Athletica in the fourth quarter valued at about $329,000. Howard Capital Management Inc. grew its position in shares of Lululemon Athletica by 2.3% in the fourth quarter. Howard Capital Management Inc. now owns 2,492 shares of the apparel retailer’s stock valued at $953,000 after purchasing an additional 56 shares during the period. Finally, Wealthspire Advisors LLC acquired a new stake in shares of Lululemon Athletica in the fourth quarter valued at about $216,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Lululemon Athletica Stock Performance

NASDAQ:LULU opened at $368.22 on Tuesday. The stock has a market capitalization of $44.84 billion, a P/E ratio of 26.59, a PEG ratio of 2.22 and a beta of 1.19. The company has a 50 day moving average price of $387.92 and a 200 day moving average price of $326.75. Lululemon Athletica Inc. has a fifty-two week low of $226.01 and a fifty-two week high of $480.94.

Lululemon Athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, December 5th. The apparel retailer reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.69 by $0.18. The firm had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the company posted $2.53 EPS. Research analysts forecast that Lululemon Athletica Inc. will post 14.36 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Lululemon Athletica news, insider Celeste Burgoyne sold 24,870 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $405.54, for a total value of $10,085,779.80. Following the completion of the transaction, the insider now owns 12,429 shares of the company’s stock, valued at $5,040,456.66. This trade represents a 66.68 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Nicole Neuburger sold 2,022 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $387.11, for a total transaction of $782,736.42. Following the completion of the transaction, the insider now directly owns 6,198 shares of the company’s stock, valued at $2,399,307.78. This represents a 24.60 % decrease in their position. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on LULU shares. Needham & Company LLC upgraded shares of Lululemon Athletica from a “hold” rating to a “buy” rating and set a $475.00 target price on the stock in a research report on Friday, January 10th. KeyCorp lifted their target price on shares of Lululemon Athletica from $400.00 to $420.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Stifel Nicolaus reiterated a “buy” rating and issued a $438.00 target price (up previously from $370.00) on shares of Lululemon Athletica in a research report on Friday, December 6th. Barclays lifted their target price on shares of Lululemon Athletica from $378.00 to $411.00 and gave the company an “equal weight” rating in a research report on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Lululemon Athletica from $292.00 to $396.00 and gave the company a “hold” rating in a research report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $399.14.

About Lululemon Athletica

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.