Zurich Insurance Group Ltd FI lifted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 76.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,312 shares of the apparel retailer’s stock after buying an additional 15,681 shares during the period. Zurich Insurance Group Ltd FI’s holdings in lululemon athletica inc. were worth $2,167,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. UBS Oconnor LLC purchased a new position in lululemon athletica inc. in the second quarter worth about $28,272,000. Junto Capital Management LP purchased a new position in lululemon athletica inc. in the second quarter worth about $15,258,000. Stifel Financial Corp boosted its position in lululemon athletica inc. by 98.7% in the second quarter. Stifel Financial Corp now owns 46,492 shares of the apparel retailer’s stock worth $2,773,000 after purchasing an additional 23,091 shares during the last quarter. Bayesian Capital Management LP purchased a new position in lululemon athletica inc. in the second quarter worth about $959,000. Finally, Dimensional Fund Advisors LP boosted its position in lululemon athletica inc. by 10.5% in the second quarter. Dimensional Fund Advisors LP now owns 314,404 shares of the apparel retailer’s stock worth $18,760,000 after purchasing an additional 29,880 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors.

Several research analysts have issued reports on LULU shares. Robert W. Baird reissued an “outperform” rating and issued a $70.00 target price on shares of lululemon athletica inc. in a research report on Friday, June 9th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $58.00 target price on shares of lululemon athletica inc. in a research report on Wednesday, June 14th. Vetr cut lululemon athletica inc. from a “strong-buy” rating to a “buy” rating and set a $58.10 target price on the stock. in a research report on Monday, June 19th. Cowen and Company reissued an “outperform” rating and issued a $64.00 target price on shares of lululemon athletica inc. in a research report on Wednesday, June 21st. Finally, BidaskClub raised lululemon athletica inc. from a “sell” rating to a “hold” rating in a research report on Saturday, June 24th. Three equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $65.76.

Shares of lululemon athletica inc. (NASDAQ LULU) opened at 61.30 on Friday. lululemon athletica inc. has a one year low of $47.26 and a one year high of $72.70. The firm has a 50 day moving average price of $60.28 and a 200 day moving average price of $56.67. The stock has a market capitalization of $8.30 billion, a PE ratio of 29.58 and a beta of 0.20.

lululemon athletica inc. (NASDAQ:LULU) last released its quarterly earnings results on Thursday, August 31st. The apparel retailer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. lululemon athletica inc. had a return on equity of 22.51% and a net margin of 11.68%. The business had revenue of $581.10 million during the quarter, compared to analyst estimates of $567.40 million. During the same period last year, the business posted $0.38 earnings per share. The company’s quarterly revenue was up 12.9% on a year-over-year basis. Analysts predict that lululemon athletica inc. will post $2.41 earnings per share for the current fiscal year.

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lululemon athletica inc. Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.

Institutional Ownership by Quarter for lululemon athletica inc. (NASDAQ:LULU)

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