lululemon athletica inc. (NASDAQ:LULU) Shares Purchased by Twin Capital Management Inc.

Twin Capital Management Inc. boosted its position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 58.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,676 shares of the apparel retailer's stock after purchasing an additional 1,354 shares during the quarter. Twin Capital Management Inc.'s holdings in lululemon athletica were worth $1,041,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in shares of lululemon athletica in the 4th quarter valued at $429,000. Harbour Investments Inc. grew its stake in lululemon athletica by 80.0% during the 4th quarter. Harbour Investments Inc. now owns 189 shares of the apparel retailer's stock worth $72,000 after buying an additional 84 shares during the last quarter. Mizuho Securities USA LLC grew its stake in lululemon athletica by 43.6% during the 4th quarter. Mizuho Securities USA LLC now owns 10,706 shares of the apparel retailer's stock worth $4,094,000 after buying an additional 3,249 shares during the last quarter. Sei Investments Co. grew its stake in lululemon athletica by 53.8% during the 4th quarter. Sei Investments Co. now owns 115,211 shares of the apparel retailer's stock worth $44,053,000 after buying an additional 40,294 shares during the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new position in lululemon athletica during the 4th quarter worth $14,838,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Trading Down 2.9%

lululemon athletica stock traded down $6.56 during mid-day trading on Monday, hitting $223.21. The company's stock had a trading volume of 2,980,696 shares, compared to its average volume of 2,375,765. The firm has a market capitalization of $26.75 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.95 and a beta of 1.17. lululemon athletica inc. has a 1 year low of $219.97 and a 1 year high of $423.32. The stock's fifty day moving average is $269.27 and its two-hundred day moving average is $311.00.

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

Analysts Set New Price Targets

Several brokerages recently weighed in on LULU. Bank of America dropped their target price on lululemon athletica from $400.00 to $370.00 and set a "buy" rating on the stock in a research note on Friday, June 6th. Morgan Stanley reissued an "equal weight" rating and issued a $280.00 price objective (down previously from $346.00) on shares of lululemon athletica in a report on Monday, June 9th. Raymond James Financial reissued a "market perform" rating and issued a $430.00 price objective on shares of lululemon athletica in a report on Friday, March 28th. William Blair reissued an "outperform" rating on shares of lululemon athletica in a report on Thursday, April 3rd. Finally, Stifel Nicolaus decreased their price objective on lululemon athletica from $353.00 to $324.00 and set a "buy" rating for the company in a report on Friday, June 6th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $340.26.

Insiders Place Their Bets

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of lululemon athletica stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $235.69, for a total value 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. The trade was a 19.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.54% of the company's stock.

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.