Sumitomo Mitsui Trust Holdings Inc. Decreases Holdings in lululemon athletica inc. (LULU)

Mindy Sparks
December 7, 2017

It dived, as 63 investors sold Lululemon Athletica Inc. shares while 85 reduced holdings. (NASDAQ LULU) traded up 0.83% during trading on Thursday, hitting $48.67. Using a broader approach, the stock has been trading 14.96% off of the 200-day moving average. Lululemon Athletica Inc. has $92 highest and $40 lowest target. Utah Retirement System holds 0.02% of its portfolio in Lululemon Athletica Inc. This represents an increase of 282% compared to the average volume of 3,947 put options. The apparel retailer reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.04, Briefing.com reports. lululemon athletica had a return on equity of 22.51% and a net margin of 11.68%. During the same quarter in the prior year, the business posted $0.50 earnings per share. The company issued revenue guidance of $870-885 million, compared to the consensus revenue estimate of $869.64 million. Andra Ap owns 0.05% invested in Lululemon Athletica Inc. (NASDAQ:LULU). Bnp Paribas Arbitrage reported 0.01% in Lululemon Athletica Inc. Korea Investment CORP raised its position in shares of lululemon athletica by 12.5% in the 3rd quarter. The company had revenue of $619.00 million during the quarter, compared to analysts' expectations of $610.56 million. With an institutional ownership near 0%, it carries an earnings per share ratio of -5.27.

Analysts on average had expected a 5.3 percent rise in same-store sales.


For the full fiscal 2017, Lululemon now expects net revenue to be in the range of $2.590 billion to $2.605 billion based on a total comparable sales increase in the mid single digits on a constant dollar basis. Wedbush maintained the shares of LULU in report on Thursday, March 30 with "Outperform" rating. Cowen set a $67.00 price target on lululemon athletica and gave the company a "buy" rating in a research note on Monday, August 21st. Hhr Asset Mngmt Limited Company stated it has 4.94% in Lululemon Athletica Inc. (NASDAQ:LULU)'s Buy count is 2 and Strong Buy is 12 while the number of analysts recommending Sell and Strong Sell are 0 and 10, respectively. The most recent short interest data show 6.39% of the company's stock are short sold. Comerica Bank lifted its holdings in lululemon athletica by 1.0% in the 2nd quarter. (NASDAQ:LULU) by 2.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Winslow Asset Management Inc bought 55,595 shares as the company's stock declined 26.14% while stock markets rallied. (NASDAQ:LULU) news were published by: Nasdaq.com which released: "lululemon athletica Reaches Analyst Target Price" on November 13, 2017, also Streetinsider.com with their article: "Lululemon Athletica Inc". Dimensional Fund Advisors LP now owns 314,404 shares of the apparel retailer's stock valued at $18,760,000 after buying an additional 29,880 shares in the last quarter. Also, in a reversal from the past several years, foreign currency impacts actually helped the company's results, adding about two percentage points to sales and a single percentage point to the retailer's comps.

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