Seaward Management Limited Partnership maintained its stake in shares of lululemon athletica inc. (NASDAQ:LULU) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,500 shares of the apparel retailer’s stock at the end of the second quarter. Seaward Management Limited Partnership’s holdings in lululemon athletica inc. were worth $268,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of lululemon athletica inc. by 3.7% in the first quarter. Vanguard Group Inc. now owns 7,617,031 shares of the apparel retailer’s stock valued at $395,095,000 after buying an additional 269,847 shares during the last quarter. BlackRock Inc. raised its stake in shares of lululemon athletica inc. by 4,791.0% in the first quarter. BlackRock Inc. now owns 5,145,308 shares of the apparel retailer’s stock valued at $266,888,000 after buying an additional 5,040,109 shares during the last quarter. State Street Corp raised its stake in shares of lululemon athletica inc. by 3.2% in the first quarter. State Street Corp now owns 2,096,308 shares of the apparel retailer’s stock valued at $108,737,000 after buying an additional 65,889 shares during the last quarter. HS Management Partners LLC raised its stake in shares of lululemon athletica inc. by 17.9% in the first quarter. HS Management Partners LLC now owns 2,034,286 shares of the apparel retailer’s stock valued at $105,518,000 after buying an additional 309,212 shares during the last quarter. Finally, Janus Capital Management LLC raised its stake in shares of lululemon athletica inc. by 163.9% in the first quarter. Janus Capital Management LLC now owns 1,768,004 shares of the apparel retailer’s stock valued at $91,706,000 after buying an additional 1,098,057 shares during the last quarter. Institutional investors own 80.15% of the company’s stock.

lululemon athletica inc. (NASDAQ LULU) opened at 61.89 on Thursday. lululemon athletica inc. has a 12-month low of $47.26 and a 12-month high of $81.81. The stock has a market cap of $8.46 billion, a PE ratio of 29.32 and a beta of 0.25. The firm has a 50-day moving average price of $59.59 and a 200-day moving average price of $58.34.

lululemon athletica inc. (NASDAQ:LULU) last released its earnings results on Thursday, June 1st. The apparel retailer reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.04. The firm had revenue of $520.30 million for the quarter, compared to analyst estimates of $513.99 million. lululemon athletica inc. had a return on equity of 23.43% and a net margin of 12.21%. The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.33 EPS. Analysts forecast that lululemon athletica inc. will post $2.34 EPS for the current fiscal year.

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Several equities research analysts have commented on LULU shares. Cowen and Company set a $64.00 target price on shares of lululemon athletica inc. and gave the stock a “buy” rating in a research report on Thursday, April 20th. Vetr lowered shares of lululemon athletica inc. from a “buy” rating to a “hold” rating and set a $54.75 target price on the stock. in a research report on Wednesday, May 10th. Jefferies Group LLC restated a “hold” rating and set a $56.00 target price on shares of lululemon athletica inc. in a research report on Friday, July 14th. Deutsche Bank AG restated a “hold” rating and set a $59.00 target price (up from $58.00) on shares of lululemon athletica inc. in a research report on Saturday, June 3rd. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a $58.00 target price (up from $56.00) on shares of lululemon athletica inc. in a research report on Friday, June 2nd. Four research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and twenty-one have issued a buy rating to the company’s stock. lululemon athletica inc. presently has a consensus rating of “Hold” and an average price target of $64.80.

In other lululemon athletica inc. news, Director Glenn Murphy bought 97,728 shares of the stock in a transaction on Monday, June 26th. The shares were purchased at an average price of $55.50 per share, with a total value of $5,423,904.00. Following the acquisition, the director now directly owns 100,344 shares of the company’s stock, valued at approximately $5,569,092. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.29% of the company’s stock.

lululemon athletica inc. Company Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.

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

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