Zuckerman Investment Group LLC Has $12.98 Million Holdings in lululemon athletica inc. $LULU

Zuckerman Investment Group LLC grew its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 68.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 72,948 shares of the apparel retailer’s stock after buying an additional 29,597 shares during the quarter. lululemon athletica accounts for approximately 1.2% of Zuckerman Investment Group LLC’s investment portfolio, making the stock its 29th largest holding. Zuckerman Investment Group LLC’s holdings in lululemon athletica were worth $12,980,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. MGO One Seven LLC raised its stake in shares of lululemon athletica by 4.5% in the third quarter. MGO One Seven LLC now owns 1,340 shares of the apparel retailer’s stock valued at $238,000 after acquiring an additional 58 shares during the last quarter. Greenleaf Trust grew its position in lululemon athletica by 2.7% during the 3rd quarter. Greenleaf Trust now owns 2,319 shares of the apparel retailer’s stock worth $413,000 after acquiring an additional 62 shares during the last quarter. Cornerstone Planning Group LLC increased its holdings in lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after purchasing an additional 68 shares in the last quarter. IHT Wealth Management LLC increased its holdings in lululemon athletica by 1.7% during the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after purchasing an additional 73 shares in the last quarter. Finally, Banque Cantonale Vaudoise raised its position in lululemon athletica by 3.2% in the 3rd quarter. Banque Cantonale Vaudoise now owns 2,422 shares of the apparel retailer’s stock valued at $430,000 after purchasing an additional 74 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica News Roundup

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Product and brand strength highlighted in lifestyle coverage supports demand resilience for lululemon’s core apparel and technical leggings, reinforcing the company’s premium positioning. I work out daily—Lululemon, Brooks, Vuori and more keep me cool and comfortable while in motion
• Positive Sentiment: Coverage that includes LULU among “cash-producing” stocks underscores the company’s ability to generate cash, a plus for flexibility on buybacks, investment or weathering slower comps. 3 Cash-Producing Stocks to Research Further
• Neutral Sentiment: Quarterly outlook and estimate roundups (Wall Street metrics for Q4/FY) provide detail investors will watch for signs of margin recovery, wholesale trends and Outerknown/men’s/growth initiatives; these are informational but could move the stock when compared to company guidance. Unveiling Lululemon (LULU) Q4 Outlook: Wall Street Estimates for Key Metrics
• Negative Sentiment: Founder Chip Wilson publicly urged CEO candidates to beware an “unfit” board and called for board refreshment, escalating governance concerns during the CEO search; as a large shareholder, his comments raise investor uncertainty about leadership, strategy continuity and potential proxy tensions. Chip Wilson to lululemon CEO Candidates: Beware a Board Unfit to Support Visionary Leadership
• Negative Sentiment: Telsey Advisory Group assigned a Market Perform rating, which signals tepid near-term expectations from a sell-side perspective and can weigh on sentiment until clearer evidence of top-line acceleration or margin improvement appears. lululemon athletica (NASDAQ:LULU) Earns Market Perform Rating from Telsey Advisory Group

lululemon athletica Stock Down 0.3%

LULU stock opened at $157.78 on Friday. lululemon athletica inc. has a twelve month low of $156.64 and a twelve month high of $348.50. The company has a market cap of $18.51 billion, a P/E ratio of 10.93, a PEG ratio of 9.96 and a beta of 1.00. The business has a fifty day moving average of $184.18 and a 200-day moving average of $182.53.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.48 billion. During the same quarter last year, the firm earned $2.53 EPS. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, equities research analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on LULU. Citigroup increased their target price on lululemon athletica from $190.00 to $210.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Barclays lifted their price target on lululemon athletica from $180.00 to $189.00 and gave the company an “equal weight” rating in a report on Friday, December 12th. BNP Paribas Exane decreased their price objective on shares of lululemon athletica from $230.00 to $206.00 and set a “neutral” rating on the stock in a report on Friday, January 23rd. Guggenheim assumed coverage on shares of lululemon athletica in a report on Wednesday, December 10th. They set a “neutral” rating on the stock. Finally, Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a research report on Friday, November 21st. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $223.40.

Insider Activity at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the transaction, the insider directly owned 5,318 shares in the company, valued at approximately $1,084,872. The trade was a 71.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is currently owned by company insiders.

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.