Boston Trust Walden Corp Purchases 5,363 Shares of lululemon athletica inc. (NASDAQ:LULU)

Boston Trust Walden Corp grew its stake in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 3.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 146,630 shares of the apparel retailer's stock after buying an additional 5,363 shares during the period. Boston Trust Walden Corp owned approximately 0.12% of lululemon athletica worth $41,505,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LULU. Brighton Jones LLC bought a new position in lululemon athletica during the fourth quarter worth about $429,000. Allworth Financial LP boosted its holdings in lululemon athletica by 113.4% during the fourth quarter. Allworth Financial LP now owns 715 shares of the apparel retailer's stock worth $274,000 after buying an additional 380 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in lululemon athletica by 3.5% during the fourth quarter. Sanctuary Advisors LLC now owns 7,899 shares of the apparel retailer's stock worth $3,327,000 after buying an additional 268 shares during the last quarter. Truist Financial Corp boosted its holdings in lululemon athletica by 0.6% during the fourth quarter. Truist Financial Corp now owns 20,077 shares of the apparel retailer's stock worth $7,678,000 after buying an additional 129 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in lululemon athletica by 7.9% during the fourth quarter. D.A. Davidson & CO. now owns 3,316 shares of the apparel retailer's stock worth $1,268,000 after buying an additional 242 shares during the last quarter. Institutional investors own 85.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LULU. William Blair restated an "outperform" rating on shares of lululemon athletica in a report on Thursday, April 3rd. Piper Sandler raised their target price on lululemon athletica from $280.00 to $315.00 and gave the stock a "neutral" rating in a report on Tuesday, June 3rd. UBS Group cut their price objective on lululemon athletica from $330.00 to $290.00 and set a "neutral" rating on the stock in a report on Friday, June 6th. Evercore ISI lifted their price objective on lululemon athletica from $320.00 to $400.00 and gave the company an "outperform" rating in a report on Tuesday, June 3rd. Finally, Jefferies Financial Group cut their price objective on lululemon athletica from $220.00 to $200.00 and set an "underperform" rating on the stock in a report on Friday, June 6th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, lululemon athletica has an average rating of "Moderate Buy" and a consensus target price of $340.26.

lululemon athletica Stock Performance

NASDAQ LULU opened at $228.65 on Friday. The stock has a market capitalization of $27.40 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 2.10 and a beta of 1.26. The stock's 50 day moving average price is $282.39 and its two-hundred day moving average price is $333.12. lululemon athletica inc. has a 52 week low of $226.01 and a 52 week high of $423.32.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings results on Thursday, June 5th. The apparel retailer reported $2.60 earnings per share for the quarter, hitting the consensus estimate of $2.60. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. lululemon athletica had a return on equity of 43.48% and a net margin of 16.82%. The business's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.54 EPS. On average, equities research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current year.

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.

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