Citizens National Bank Trust Department Has $31,000 Stock Holdings in lululemon athletica inc. (NASDAQ:LULU)

Citizens National Bank Trust Department cut its stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 93.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108 shares of the apparel retailer's stock after selling 1,459 shares during the period. Citizens National Bank Trust Department's holdings in lululemon athletica were worth $31,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD raised its holdings in lululemon athletica by 95.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,848,613 shares of the apparel retailer's stock valued at $1,854,160,000 after acquiring an additional 2,371,079 shares in the last quarter. Alliancebernstein L.P. raised its holdings in lululemon athletica by 14.9% in the 4th quarter. Alliancebernstein L.P. now owns 4,397,588 shares of the apparel retailer's stock valued at $1,681,682,000 after acquiring an additional 571,657 shares in the last quarter. Geode Capital Management LLC raised its holdings in lululemon athletica by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 2,485,289 shares of the apparel retailer's stock valued at $947,682,000 after acquiring an additional 10,461 shares in the last quarter. Capital World Investors raised its holdings in lululemon athletica by 34.6% in the 4th quarter. Capital World Investors now owns 2,163,484 shares of the apparel retailer's stock valued at $827,338,000 after acquiring an additional 556,406 shares in the last quarter. Finally, Schroder Investment Management Group raised its holdings in lululemon athletica by 31.0% in the 4th quarter. Schroder Investment Management Group now owns 1,781,237 shares of the apparel retailer's stock valued at $681,163,000 after acquiring an additional 421,890 shares in the last quarter. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $235.02 on Monday. lululemon athletica inc. has a one year low of $219.97 and a one year high of $423.32. The stock's 50-day moving average is $279.51 and its 200 day moving average is $326.35. The firm has a market cap of $28.17 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 2.16 and a beta of 1.26.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its earnings results on Thursday, June 5th. The apparel retailer reported $2.60 EPS for the quarter, meeting the consensus estimate of $2.60. lululemon athletica had a return on equity of 43.48% and a net margin of 16.82%. The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the prior year, the company earned $2.54 EPS. The firm's revenue for the quarter was up 7.3% compared to the same quarter last year. On average, sell-side analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

LULU has been the subject of a number of research analyst reports. UBS Group lowered their price target on lululemon athletica from $330.00 to $290.00 and set a "neutral" rating for the company in a report on Friday, June 6th. Barclays lowered their price target on lululemon athletica from $276.00 to $270.00 and set an "equal weight" rating for the company in a report on Monday, June 9th. Stifel Nicolaus lowered their price target on lululemon athletica from $353.00 to $324.00 and set a "buy" rating for the company in a report on Friday, June 6th. KeyCorp lowered their price target on lululemon athletica from $400.00 to $350.00 and set an "overweight" rating for the company in a report on Friday, June 6th. Finally, Argus cut lululemon athletica from a "buy" rating to a "hold" rating in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, lululemon athletica presently has a consensus rating of "Moderate Buy" and a consensus price target of $340.26.

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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