Robecosam AG held its stake in lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,947 shares of the apparel retailer’s stock at the end of the 2nd quarter. Robecosam AG’s holdings in lululemon athletica inc. were worth $1,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in LULU. IHT Wealth Management LLC lifted its position in shares of lululemon athletica inc. by 591.0% in the second quarter. IHT Wealth Management LLC now owns 1,382 shares of the apparel retailer’s stock worth $105,000 after purchasing an additional 1,182 shares in the last quarter. Exane Derivatives bought a new stake in shares of lululemon athletica inc. in the second quarter worth $106,000. Global X Management Co. LLC lifted its position in shares of lululemon athletica inc. by 39.7% in the second quarter. Global X Management Co. LLC now owns 2,532 shares of the apparel retailer’s stock worth $151,000 after purchasing an additional 719 shares in the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. lifted its position in shares of lululemon athletica inc. by 40.0% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 3,500 shares of the apparel retailer’s stock worth $182,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Menta Capital LLC bought a new stake in shares of lululemon athletica inc. in the first quarter worth $239,000. 80.43% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently commented on LULU. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $68.00 price objective on shares of lululemon athletica inc. in a research report on Tuesday. Robert W. Baird reissued a “buy” rating and issued a $72.00 price objective on shares of lululemon athletica inc. in a research report on Wednesday, October 4th. Zacks Investment Research lowered shares of lululemon athletica inc. from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. Canaccord Genuity reaffirmed a “sell” rating and set a $43.00 price target on shares of lululemon athletica inc. in a research report on Friday, September 22nd. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $55.00 price target on shares of lululemon athletica inc. in a research report on Wednesday, September 13th. Three equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company’s stock. lululemon athletica inc. currently has a consensus rating of “Hold” and a consensus target price of $65.76.

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lululemon athletica inc. (LULU) traded down 2.20% during midday trading on Friday, hitting $59.17. 5,468,596 shares of the stock were exchanged. The company’s 50 day moving average is $60.56 and its 200 day moving average is $56.61. The company has a market capitalization of $8.01 billion, a P/E ratio of 28.56 and a beta of 0.20. lululemon athletica inc. has a 1-year low of $47.26 and a 1-year high of $72.70.

lululemon athletica inc. (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, August 31st. The apparel retailer reported $0.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.04. lululemon athletica inc. had a return on equity of 22.51% and a net margin of 11.68%. The company had revenue of $581.10 million during the quarter, compared to analyst estimates of $567.40 million. During the same quarter in the previous year, the firm earned $0.38 earnings per share. lululemon athletica inc.’s revenue was up 12.9% on a year-over-year basis. Analysts predict that lululemon athletica inc. will post $2.41 earnings per share for the current fiscal year.

lululemon athletica inc. 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.

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

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