Generali Investments CEE investicni spolecnost a.s. Acquires New Position in lululemon athletica inc. (NASDAQ:LULU)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in lululemon athletica inc. (NASDAQ:LULU - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,030 shares of the apparel retailer's stock, valued at approximately $1,707,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC purchased a new position in lululemon athletica in the 4th quarter valued at about $429,000. Smartleaf Asset Management LLC boosted its holdings in lululemon athletica by 96.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 441 shares of the apparel retailer's stock valued at $169,000 after purchasing an additional 216 shares during the last quarter. Jones Financial Companies Lllp grew its stake in lululemon athletica by 62.9% during the 4th quarter. Jones Financial Companies Lllp now owns 4,373 shares of the apparel retailer's stock valued at $1,672,000 after purchasing an additional 1,689 shares in the last quarter. Assetmark Inc. grew its stake in lululemon athletica by 2.0% during the 4th quarter. Assetmark Inc. now owns 1,651 shares of the apparel retailer's stock valued at $631,000 after purchasing an additional 33 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in lululemon athletica during the 4th quarter worth approximately $35,389,000. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Trading Up 0.4%

Shares of LULU traded up $0.97 during trading hours on Tuesday, reaching $238.54. 2,315,604 shares of the stock traded hands, compared to its average volume of 2,334,075. The company has a market cap of $28.59 billion, a P/E ratio of 16.16, a price-to-earnings-growth ratio of 2.01 and a beta of 1.17. The company's 50-day moving average price is $276.33 and its two-hundred day moving average price is $319.94. lululemon athletica inc. has a 52-week low of $219.97 and a 52-week high of $423.32.

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

Analyst Upgrades and Downgrades

LULU has been the subject of a number of research analyst reports. Telsey Advisory Group reiterated an "outperform" rating and issued a $385.00 price target on shares of lululemon athletica in a report on Monday, June 2nd. Wells Fargo & Company reissued an "equal weight" rating on shares of lululemon athletica in a report on Friday, June 6th. CICC Research reaffirmed a "market perform" rating and issued a $280.49 price target on shares of lululemon athletica in a report on Monday, June 9th. JPMorgan Chase & Co. dropped their price objective on shares of lululemon athletica from $389.00 to $303.00 and set an "overweight" rating on the stock in a research note on Friday, June 6th. Finally, KeyCorp decreased their target price on lululemon athletica from $400.00 to $350.00 and set an "overweight" rating for the company in a research note on Friday, June 6th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $340.26.

Insider Buying and Selling

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the stock in a transaction on Friday, June 27th. The stock was sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the sale, the chief executive officer owned 110,564 shares of the company's stock, valued at approximately $26,058,829.16. This trade represents a 19.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.54% of the stock is owned by insiders.

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.