Published: Thu, December 07, 2017
Business | By Max Garcia

Lululemon Athletica inc. (LULU) Soars Following Earnings Beat

Lululemon Athletica inc. (LULU) Soars Following Earnings Beat

Its up 0.14, from 1.04 in 2017Q1. It dropped, as 63 investors sold LULU shares while 85 reduced holdings. 111 funds opened positions while 694 raised stakes. Fidelity Management and Research Company is the second biggest holder with 19 million shares now valued at 1.13 B million whilst Vanguard Group Inc has 8 million shares valued at 468.41 million. Mitsubishi Ufj Tru & Corporation accumulated 212,530 shares or 0.02% of the stock. Alliancebernstein LP has 153,514 shares. Janus Capital Management LLC now owns 1,768,004 shares of the apparel retailer's stock worth $91,706,000 after buying an additional 1,098,057 shares during the last quarter. Harding Loevner LP reported 0% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU). Clearbridge Invs Limited Company holds 3,010 shares or 0% of its portfolio. (NASDAQ:LULU). Canada Pension Plan Investment Board, Ontario - Canada-based fund reported 20,410 shares. 688,201 were reported by Morgan Stanley. (NYSE:HON). Ashfield Capital Ptnrs Ltd Liability Company reported 59,186 shares. Blackrock reported 5.37M shares. Citigroup holds 73,996 shares. Aqr Cap Ltd Liability Co accumulated 0.05% or 619,595 shares. Goldman Sachs Gp invested in 381,406 shares or 0.01% of the stock. Legal And General Gp Public Limited Co stated it has 0.02% of its portfolio in Lululemon Athletica Inc.

In premarket trading on Thursday, Lululemon shares were up almost 8 per cent on Nasdaq. The Royal Bank Of Scotland Group Plc holds 558,175 shares with $17.47 million value, up from 466,160 last quarter.

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For the current quarter ending in January, Lululemon expects its per-share earnings to range from US$1.19 to US$1.22. Nomura Asset Management Ltd invested 0.01% of its portfolio in Lululemon Athletica Inc. The stock increased 0.32% or $0.12 during the last trading session, reaching $37.72. About 38,655 shares traded. (NASDAQ:LULU) stock moved 2.39% landing at $67.66. It has underperformed by 36.03% the S&P500. The stock has been recently separated from the 50-day moving average by 7.32%. UBS maintained Lululemon Athletica Inc. More interesting news about Lululemon Athletica Inc. "(LULU) PT Raised to $75 at BofA/Merrill Lynch ..." published on November 27, 2017, published: "What to Watch When Lululemon Athletica Reports Earnings" on December 03, 2017. Announces Leadership Change" with publication date: "November 09, 2017.

Shares of lululemon athletica inc. The stock has a consensus rating of "Hold" and an average price target of $65.85. Therefore 55% are positive. Finally, Robert W. Baird set a $70.00 price objective on shares of lululemon athletica and gave the company a "buy" rating in a research note on Tuesday, August 29th. Wedbush maintained the shares of LULU in report on Thursday, March 30 with "Outperform" rating.

More notable recent Lululemon Athletica Inc. The firm has "Hold" rating given on Thursday, December 10 by Deutsche Bank. The firm earned "Buy" rating on Thursday, June 9 by SunTrust. The rating was downgraded by OTR Global to "Mixed" on Monday, October 31. Five analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Susquehanna maintained Lululemon Athletica Inc. Jefferies maintained it with "Hold" rating and $60.0 target in Friday, September 1 report. Advent Int Corp Ma reported 22.57% of its portfolio in Lululemon Athletica Inc. M Partners has "Buy" rating and $69.0 target. The company was maintained on Thursday, August 24 by KeyBanc Capital Markets.

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