Aquatic Capital Management LLC Buys 55,034 Shares of Lululemon Athletica Inc. (NASDAQ:LULU)

Aquatic Capital Management LLC increased its position in Lululemon Athletica Inc. (NASDAQ:LULU - Free Report) by 267.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,594 shares of the apparel retailer's stock after acquiring an additional 55,034 shares during the quarter. Lululemon Athletica comprises about 0.8% of Aquatic Capital Management LLC's investment portfolio, making the stock its 15th biggest position. Aquatic Capital Management LLC owned about 0.06% of Lululemon Athletica worth $28,908,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of LULU. Westside Investment Management Inc. grew its position in Lululemon Athletica by 900.0% in the 3rd quarter. Westside Investment Management Inc. now owns 300 shares of the apparel retailer's stock worth $81,000 after purchasing an additional 270 shares during the last quarter. Anchor Investment Management LLC boosted its position in Lululemon Athletica by 17.4% in the third quarter. Anchor Investment Management LLC now owns 4,582 shares of the apparel retailer's stock valued at $1,243,000 after buying an additional 680 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its position in Lululemon Athletica by 964.2% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,058 shares of the apparel retailer's stock valued at $3,815,000 after buying an additional 12,737 shares in the last quarter. World Investment Advisors LLC bought a new position in shares of Lululemon Athletica in the third quarter worth about $15,038,000. Finally, Sfmg LLC bought a new position in shares of Lululemon Athletica in the third quarter worth about $2,984,000. Institutional investors own 85.20% of the company's stock.

Lululemon Athletica Price Performance

NASDAQ LULU traded down $0.58 during mid-day trading on Thursday, reaching $270.20. The stock had a trading volume of 684,776 shares, compared to its average volume of 2,151,211. The stock has a market cap of $32.60 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 2.22 and a beta of 1.31. The company has a fifty day moving average price of $300.26 and a 200 day moving average price of $337.91. Lululemon Athletica Inc. has a 1 year low of $226.01 and a 1 year high of $423.32.

Lululemon Athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, topping the consensus estimate of $5.85 by $0.29. The firm had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.59 billion. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. Lululemon Athletica's revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the business posted $5.29 EPS. As a group, equities research analysts expect that Lululemon Athletica Inc. will post 14.36 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on LULU. Oppenheimer boosted their target price on Lululemon Athletica from $380.00 to $500.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Barclays reduced their price objective on Lululemon Athletica from $411.00 to $309.00 and set an "equal weight" rating for the company in a research report on Friday, March 28th. UBS Group dropped their target price on Lululemon Athletica from $376.00 to $335.00 and set a "neutral" rating on the stock in a report on Friday, March 28th. Argus lowered Lululemon Athletica from a "buy" rating to a "hold" rating in a report on Tuesday, April 1st. Finally, Telsey Advisory Group dropped their target price on Lululemon Athletica from $445.00 to $385.00 and set an "outperform" rating on the stock in a report on Friday, March 28th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $369.86.

Lululemon Athletica Company Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.