Lululemon Athletica Inc. (NASDAQ:LULU) Shares Bought by Hilltop National Bank

Hilltop National Bank boosted its stake in shares of Lululemon Athletica Inc. (NASDAQ:LULU) by 28.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,166 shares of the apparel retailer’s stock after buying an additional 700 shares during the quarter. Hilltop National Bank’s holdings in Lululemon Athletica were worth $1,211,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in LULU. Sunbelt Securities Inc. lifted its holdings in shares of Lululemon Athletica by 4.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 950 shares of the apparel retailer’s stock worth $258,000 after acquiring an additional 42 shares during the last quarter. HHM Wealth Advisors LLC boosted its position in shares of Lululemon Athletica by 66.7% during the second quarter. HHM Wealth Advisors LLC now owns 115 shares of the apparel retailer’s stock worth $34,000 after buying an additional 46 shares during the period. Capital Market Strategies LLC grew its stake in shares of Lululemon Athletica by 6.5% in the fourth quarter. Capital Market Strategies LLC now owns 820 shares of the apparel retailer’s stock valued at $314,000 after buying an additional 50 shares in the last quarter. Fulton Bank N.A. raised its holdings in shares of Lululemon Athletica by 2.7% in the 3rd quarter. Fulton Bank N.A. now owns 2,115 shares of the apparel retailer’s stock valued at $574,000 after buying an additional 56 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in Lululemon Athletica by 11.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 598 shares of the apparel retailer’s stock worth $179,000 after acquiring an additional 60 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Lululemon Athletica Stock Performance

Lululemon Athletica stock traded down $2.63 during mid-day trading on Friday, reaching $390.29. 439,934 shares of the company were exchanged, compared to its average volume of 1,224,728. The firm’s 50-day simple moving average is $354.43 and its two-hundred day simple moving average is $301.28. Lululemon Athletica Inc. has a twelve month low of $226.01 and a twelve month high of $491.30. The firm has a market cap of $47.53 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 2.78 and a beta of 1.18.

Lululemon Athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, December 5th. The apparel retailer reported $2.87 earnings per share for the quarter, topping 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 company earned $2.53 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. As a group, equities research analysts anticipate that Lululemon Athletica Inc. will post 14.17 EPS for the current year.

Insider Transactions at Lululemon Athletica

In other Lululemon Athletica news, insider Nicole Neuburger sold 2,022 shares of the stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $387.11, for a total value of $782,736.42. Following the completion of the transaction, the insider now owns 6,198 shares in the company, valued at approximately $2,399,307.78. This represents a 24.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Celeste Burgoyne sold 24,870 shares of the firm’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $405.54, for a total value of $10,085,779.80. Following the completion of the sale, the insider now directly owns 12,429 shares of the company’s stock, valued at approximately $5,040,456.66. This trade represents a 66.68 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

LULU has been the subject of several research reports. BMO Capital Markets lifted their target price on Lululemon Athletica from $265.00 to $302.00 and gave the company a “market perform” rating in a research report on Friday, December 6th. Evercore ISI raised their target price on shares of Lululemon Athletica from $300.00 to $355.00 and gave the company an “outperform” rating in a report on Monday, December 2nd. TD Cowen increased their price objective on shares of Lululemon Athletica from $382.00 to $383.00 in a research report on Thursday, December 5th. Barclays raised their price objective on shares of Lululemon Athletica from $261.00 to $378.00 and gave the company an “equal weight” rating in a report on Friday, December 6th. Finally, Guggenheim boosted their target price on shares of Lululemon Athletica from $350.00 to $415.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and twenty have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $381.40.

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.