Win Advisors Inc. Purchases New Position in Lululemon Athletica Inc. (NASDAQ:LULU)

Win Advisors Inc. bought a new stake in shares of Lululemon Athletica Inc. (NASDAQ:LULU - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,955 shares of the apparel retailer's stock, valued at approximately $1,130,000.

A number of other hedge funds have also modified their holdings of LULU. Shepherd Financial Partners LLC purchased a new position in shares of Lululemon Athletica in the third quarter worth $953,000. Rheos Capital Works Inc. raised its stake in Lululemon Athletica by 19.2% during the third quarter. Rheos Capital Works Inc. now owns 15,500 shares of the apparel retailer's stock valued at $4,206,000 after purchasing an additional 2,500 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its stake in Lululemon Athletica by 198.8% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 6,860 shares of the apparel retailer's stock valued at $1,844,000 after purchasing an additional 4,564 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Lululemon Athletica by 50.5% in the third quarter. Rockefeller Capital Management L.P. now owns 103,424 shares of the apparel retailer's stock valued at $28,070,000 after acquiring an additional 34,704 shares during the period. Finally, Touchstone Capital Inc. purchased a new stake in shares of Lululemon Athletica in the third quarter valued at $4,084,000. 85.20% of the stock is currently owned by institutional investors.

Lululemon Athletica Stock Performance

Lululemon Athletica stock traded down $3.10 during mid-day trading on Wednesday, reaching $412.80. 1,186,359 shares of the company were exchanged, compared to its average volume of 1,626,316. Lululemon Athletica Inc. has a twelve month low of $226.01 and a twelve month high of $480.94. The firm's 50-day simple moving average is $382.35 and its two-hundred day simple moving average is $313.87. The firm has a market cap of $50.27 billion, a PE ratio of 29.81, a price-to-earnings-growth ratio of 2.70 and a beta of 1.19.

Lululemon Athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings data on Thursday, December 5th. The apparel retailer reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.18. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The firm had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the business posted $2.53 EPS. Lululemon Athletica's quarterly revenue was up 9.1% on a year-over-year basis. As a group, equities research analysts anticipate that Lululemon Athletica Inc. will post 14.36 EPS for the current year.

Insider Transactions at Lululemon Athletica

In related news, insider Nicole Neuburger sold 2,022 shares of the business's stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $387.11, for a total transaction of $782,736.42. Following the sale, the insider now owns 6,198 shares of the company's stock, valued at $2,399,307.78. The trade was a 24.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Celeste Burgoyne sold 24,870 shares of the business's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $405.54, for a total value of $10,085,779.80. Following the sale, the insider now directly owns 12,429 shares in the company, valued at approximately $5,040,456.66. The trade was a 66.68 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.48% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Raymond James restated an "outperform" rating and issued a $430.00 price target (up from $400.00) on shares of Lululemon Athletica in a report on Wednesday, January 15th. William Blair restated an "outperform" rating on shares of Lululemon Athletica in a report on Friday, December 6th. Needham & Company LLC upgraded shares of Lululemon Athletica from a "hold" rating to a "buy" rating and set a $475.00 price target on the stock in a report on Friday, January 10th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Lululemon Athletica from $292.00 to $396.00 and gave the stock a "hold" rating in a report on Monday, December 9th. Finally, KeyCorp upped their price target on shares of Lululemon Athletica from $400.00 to $420.00 and gave the stock an "overweight" rating in a report on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and twenty have issued a buy rating to the company's stock. According to MarketBeat.com, Lululemon Athletica presently has a consensus rating of "Moderate Buy" and a consensus price target of $395.67.

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.