Universal Beteiligungs und Servicegesellschaft mbH Lowers Position in lululemon athletica inc. (NASDAQ:LULU)

Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 15.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,319 shares of the apparel retailer's stock after selling 20,422 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.09% of lululemon athletica worth $31,510,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in LULU. Price T Rowe Associates Inc. MD raised its stake in shares of 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 during the period. Mawer Investment Management Ltd. acquired a new position in lululemon athletica in the 4th quarter worth $523,520,000. Alliancebernstein L.P. boosted its position 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 buying an additional 571,657 shares during the last quarter. GAMMA Investing LLC boosted its position in lululemon athletica by 37,062.1% in the 1st quarter. GAMMA Investing LLC now owns 563,006 shares of the apparel retailer's stock valued at $159,364,000 after buying an additional 561,491 shares during the last quarter. Finally, Capital World Investors grew its stake in shares of lululemon athletica by 34.6% during the fourth 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. Institutional investors and hedge funds own 85.20% of the company's stock.

lululemon athletica Trading Up 0.3%

NASDAQ LULU traded up $0.74 during trading on Friday, hitting $219.43. 2,629,124 shares of the company's stock were exchanged, compared to its average volume of 2,563,510. The company has a market cap of $26.30 billion, a PE ratio of 14.87, a P/E/G ratio of 1.90 and a beta of 1.17. lululemon athletica inc. has a fifty-two week low of $216.49 and a fifty-two week high of $423.32. The stock's 50 day moving average price is $262.08 and its two-hundred day moving average price is $307.52.

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, 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 during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the prior year, the firm posted $2.54 earnings per share. The firm's revenue was up 7.3% compared to the same quarter last year. Analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Calvin Mcdonald sold 27,049 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 110,564 shares of the company's stock, valued at $26,058,829.16. This trade represents a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.54% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on LULU shares. Evercore ISI raised their target price on lululemon athletica from $320.00 to $400.00 and gave the company an "outperform" rating in a research note on Tuesday, June 3rd. JPMorgan Chase & Co. downgraded lululemon athletica from an "overweight" rating to a "neutral" rating and dropped their price objective for the stock from $303.00 to $224.00 in a report on Tuesday. Bank of America dropped their price objective on lululemon athletica from $400.00 to $370.00 and set a "buy" rating on the stock in a report on Friday, June 6th. Needham & Company LLC dropped their price objective on lululemon athletica from $366.00 to $317.00 and set a "buy" rating on the stock in a report on Friday, June 6th. Finally, The Goldman Sachs Group decreased their price objective on shares of lululemon athletica from $363.00 to $302.00 and set a "neutral" rating for the company in a report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $337.53.

lululemon athletica 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.