Eurizon Capital SGR S.p.A. Makes New $3.49 Million Investment in lululemon athletica inc. $LULU

Eurizon Capital SGR S.p.A. bought a new position in lululemon athletica inc. (NASDAQ:LULUFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,787 shares of the apparel retailer’s stock, valued at approximately $3,491,000.

Other large investors also recently made changes to their positions in the company. Swiss Life Asset Management Ltd increased its stake in shares of lululemon athletica by 53.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after purchasing an additional 23,623 shares during the period. Oppenheimer Asset Management Inc. increased its stake in shares of lululemon athletica by 46.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after acquiring an additional 8,134 shares during the period. Mediolanum International Funds Ltd increased its stake in shares of lululemon athletica by 72.8% during the third quarter. Mediolanum International Funds Ltd now owns 54,318 shares of the apparel retailer’s stock valued at $9,729,000 after acquiring an additional 22,891 shares during the period. HighPoint Advisor Group LLC increased its stake in shares of lululemon athletica by 896.0% during the third quarter. HighPoint Advisor Group LLC now owns 17,142 shares of the apparel retailer’s stock valued at $3,050,000 after acquiring an additional 15,421 shares during the period. Finally, Rayburn West Financial Services LLC acquired a new position in shares of lululemon athletica during the fourth quarter valued at approximately $3,536,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on LULU shares. Piper Sandler lowered their price objective on shares of lululemon athletica from $190.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, May 22nd. The Goldman Sachs Group reduced their target price on shares of lululemon athletica from $200.00 to $184.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. UBS Group reduced their target price on shares of lululemon athletica from $176.00 to $153.00 and set a “neutral” rating for the company in a report on Monday. Barclays reduced their target price on shares of lululemon athletica from $203.00 to $161.00 and set an “equal weight” rating for the company in a report on Wednesday, March 18th. Finally, JPMorgan Chase & Co. reduced their target price on shares of lululemon athletica from $196.00 to $173.00 in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twenty-eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $200.84.

Check Out Our Latest Research Report on lululemon athletica

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lululemon athletica Stock Performance

lululemon athletica stock opened at $132.09 on Tuesday. The company has a 50 day moving average price of $144.29 and a 200 day moving average price of $171.29. lululemon athletica inc. has a 52 week low of $116.63 and a 52 week high of $340.25. The firm has a market capitalization of $15.94 billion, a price-to-earnings ratio of 9.93, a P/E/G ratio of 4.04 and a beta of 0.88.

lululemon athletica (NASDAQ:LULUGet Free Report) last posted its quarterly earnings data on Tuesday, March 17th. The apparel retailer reported $5.01 EPS for the quarter, topping analysts’ consensus estimates of $4.78 by $0.23. The firm had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.59 billion. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The company’s revenue was up .0% on a year-over-year basis. During the same quarter last year, the business posted $6.14 EPS. Equities analysts forecast that lululemon athletica inc. will post 12.26 earnings per share for the current fiscal year.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 622 shares of lululemon athletica stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider owned 19,156 shares of the company’s stock, valued at $3,084,116. This trade represents a 3.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Charles V. Bergh bought 6,090 shares of the firm’s stock in a transaction on Friday, March 20th. The shares were bought at an average cost of $164.20 per share, with a total value of $999,978.00. Following the purchase, the director directly owned 6,090 shares in the company, valued at approximately $999,978. This trade represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.54% of the company’s stock.

About lululemon athletica

(Free Report)

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.

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

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