Tilia Fiduciary Partners Inc. Boosts Holdings in Lululemon Athletica Inc. (NASDAQ:LULU)

Tilia Fiduciary Partners Inc. grew its position in shares of Lululemon Athletica Inc. (NASDAQ:LULU) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,373 shares of the apparel retailer’s stock after buying an additional 317 shares during the quarter. Lululemon Athletica makes up about 2.4% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 7th biggest position. Tilia Fiduciary Partners Inc.’s holdings in Lululemon Athletica were worth $3,584,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Paladin Wealth LLC bought a new stake in Lululemon Athletica during the 3rd quarter worth about $29,000. JFS Wealth Advisors LLC lifted its position in shares of Lululemon Athletica by 127.5% during the third quarter. JFS Wealth Advisors LLC now owns 116 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 65 shares in the last quarter. HHM Wealth Advisors LLC grew its stake 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 valued at $34,000 after purchasing an additional 46 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Lululemon Athletica in the second quarter valued at approximately $36,000. Finally, Armstrong Advisory Group Inc. raised its position in Lululemon Athletica by 110.1% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 145 shares of the apparel retailer’s stock worth $39,000 after purchasing an additional 76 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LULU. Stifel Nicolaus reiterated a “buy” rating and issued a $438.00 price target (up previously from $370.00) on shares of Lululemon Athletica in a report on Friday, December 6th. BMO Capital Markets increased their price target on Lululemon Athletica from $265.00 to $302.00 and gave the company a “market perform” rating in a research note on Friday, December 6th. TD Cowen raised their target price on Lululemon Athletica from $382.00 to $383.00 in a report on Thursday, December 5th. UBS Group increased their price target on shares of Lululemon Athletica from $315.00 to $360.00 and gave the company a “neutral” rating in a research report on Friday, December 6th. Finally, Guggenheim lifted their price target on shares of Lululemon Athletica from $350.00 to $415.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and twenty have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $382.73.

Insider Transactions at Lululemon Athletica

In other news, insider Celeste Burgoyne sold 24,870 shares of Lululemon Athletica stock in a transaction 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 transaction, the insider now owns 12,429 shares in the company, valued at approximately $5,040,456.66. This trade represents a 66.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Nicole Neuburger sold 2,022 shares of the business’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $387.11, for a total value of $782,736.42. Following the transaction, the insider now directly owns 6,198 shares of the company’s stock, valued at approximately $2,399,307.78. The trade was a 24.60 % decrease in their position. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by insiders.

Lululemon Athletica Stock Up 0.6 %

Shares of LULU traded up $2.55 during trading hours on Friday, hitting $395.47. The company had a trading volume of 1,309,272 shares, compared to its average volume of 1,334,063. The firm has a market cap of $48.16 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 2.78 and a beta of 1.18. The business has a fifty day moving average of $354.43 and a 200-day moving average of $301.28. Lululemon Athletica Inc. has a 12 month low of $226.01 and a 12 month high of $491.30.

Lululemon Athletica (NASDAQ:LULU) last issued its quarterly earnings data 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 net margin of 17.05% and a return on equity of 42.16%. The business had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same quarter in the previous year, the company earned $2.53 EPS. The business’s revenue was up 9.1% on a year-over-year basis. On average, equities analysts expect that Lululemon Athletica Inc. will post 14.17 EPS for the current fiscal year.

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.