Capital International Ltd. CA Buys 3,530 Shares of Lululemon Athletica Inc. (NASDAQ:LULU)

Capital International Ltd. CA increased its stake in shares of Lululemon Athletica Inc. (NASDAQ:LULU) by 32.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,336 shares of the apparel retailer’s stock after buying an additional 3,530 shares during the quarter. Capital International Ltd. CA’s holdings in Lululemon Athletica were worth $5,482,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. TCTC Holdings LLC bought a new position in shares of Lululemon Athletica during the fourth quarter valued at $26,000. Kestra Investment Management LLC bought a new position in Lululemon Athletica during the 4th quarter valued at about $32,000. Bradley & Co. Private Wealth Management LLC acquired a new position in Lululemon Athletica in the fourth quarter valued at about $32,000. Sound Income Strategies LLC boosted its position in Lululemon Athletica by 309.5% in the fourth quarter. Sound Income Strategies LLC now owns 86 shares of the apparel retailer’s stock valued at $33,000 after buying an additional 65 shares in the last quarter. Finally, Asset Planning Inc bought a new stake in Lululemon Athletica during the fourth quarter worth about $33,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Lululemon Athletica Stock Up 0.7 %

Lululemon Athletica stock opened at $251.08 on Friday. The company has a 50 day moving average of $320.27 and a 200-day moving average of $338.27. Lululemon Athletica Inc. has a twelve month low of $226.01 and a twelve month high of $423.32. The stock has a market capitalization of $30.29 billion, a PE ratio of 18.13, a price-to-earnings-growth ratio of 2.22 and a beta of 1.31.

Lululemon Athletica (NASDAQ:LULU) last announced its earnings results on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.85 by $0.29. The firm had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.59 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the prior year, the business earned $5.29 EPS. Equities analysts anticipate that Lululemon Athletica Inc. will post 14.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LULU. Wells Fargo & Company reduced their target price on Lululemon Athletica from $375.00 to $315.00 and set an “equal weight” rating on the stock in a report on Friday, March 28th. Bank of America decreased their target price on Lululemon Athletica from $480.00 to $400.00 and set a “buy” rating on the stock in a report on Friday, March 28th. Raymond James reiterated a “market perform” rating and set a $430.00 price target on shares of Lululemon Athletica in a research report on Friday, March 28th. Evercore ISI upped their target price on shares of Lululemon Athletica from $440.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 28th. Finally, BMO Capital Markets lowered their price target on shares of Lululemon Athletica from $313.00 to $302.00 and set a “market perform” rating for the company in a report on Friday, March 28th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $371.72.

About Lululemon Athletica

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.