Tilia Fiduciary Partners Inc. Boosts Stock Holdings in Lululemon Athletica Inc. (NASDAQ:LULU)

Tilia Fiduciary Partners Inc. lifted its holdings in shares of Lululemon Athletica Inc. (NASDAQ:LULU) by 3.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,373 shares of the apparel retailer’s stock after buying an additional 317 shares during the period. Lululemon Athletica accounts for approximately 2.4% of Tilia Fiduciary Partners Inc.’s holdings, making the stock its 7th biggest position. Tilia Fiduciary Partners Inc.’s holdings in Lululemon Athletica were worth $3,584,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of LULU. Geode Capital Management LLC boosted its stake in Lululemon Athletica by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,474,828 shares of the apparel retailer’s stock valued at $669,036,000 after purchasing an additional 44,294 shares during the period. American Century Companies Inc. boosted its holdings in shares of Lululemon Athletica by 4.9% in the second quarter. American Century Companies Inc. now owns 1,769,096 shares of the apparel retailer’s stock valued at $528,429,000 after acquiring an additional 82,731 shares in the last quarter. Legal & General Group Plc raised its holdings in Lululemon Athletica by 3.7% during the second quarter. Legal & General Group Plc now owns 1,040,384 shares of the apparel retailer’s stock worth $310,763,000 after purchasing an additional 37,239 shares in the last quarter. International Assets Investment Management LLC lifted its position in Lululemon Athletica by 74,856.2% in the third quarter. International Assets Investment Management LLC now owns 895,726 shares of the apparel retailer’s stock worth $243,055,000 after purchasing an additional 894,531 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Lululemon Athletica by 38.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 737,872 shares of the apparel retailer’s stock valued at $220,423,000 after purchasing an additional 203,882 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

LULU has been the topic of a number of research reports. JPMorgan Chase & Co. boosted their price objective on Lululemon Athletica from $425.00 to $428.00 and gave the stock an “overweight” rating in a research note on Wednesday. Sanford C. Bernstein raised shares of Lululemon Athletica from a “market perform” rating to an “outperform” rating and upped their price target for the company from $360.00 to $460.00 in a report on Tuesday. Robert W. Baird lifted their price objective on shares of Lululemon Athletica from $380.00 to $440.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Morgan Stanley increased their target price on shares of Lululemon Athletica from $345.00 to $414.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Finally, Jefferies Financial Group restated an “underperform” rating and set a $220.00 target price on shares of Lululemon Athletica in a report on Monday, December 2nd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and twenty have issued a buy rating to the company. According to data from MarketBeat, Lululemon Athletica presently has an average rating of “Moderate Buy” and a consensus price target of $382.73.

Lululemon Athletica Trading Up 0.6 %

Lululemon Athletica stock traded up $2.55 during trading hours on Friday, reaching $395.47. 1,309,272 shares of the company were exchanged, compared to its average volume of 1,334,063. Lululemon Athletica Inc. has a 12 month low of $226.01 and a 12 month high of $491.30. The stock has a 50-day moving average of $354.43 and a 200 day moving average of $301.28. The firm has a market cap of $48.16 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 2.78 and a beta of 1.18.

Lululemon Athletica (NASDAQ:LULU) last posted its earnings results on Thursday, December 5th. The apparel retailer reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.69 by $0.18. The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.36 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. Lululemon Athletica’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the business posted $2.53 EPS. As a group, research analysts forecast that Lululemon Athletica Inc. will post 14.17 EPS for the current year.

Lululemon Athletica Company 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.