Lululemon Athletica inc. (LULU) Q3 Earnings, Q4 Outlook Beat Expectations

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In recent trading action Lululemon Athletica Inc. Janus Capital Management LLC raised its stake in shares of Lululemon Athletica inc.by 163.9% in the first quarter.

Lululemon had projected a profit of 33 cents to 35 cents a share, or 50 cents to 52 cents on an adjusted basis, on $605 million to $615 million in sales with comparable sales increasing in the mid-single digits on a constant dollar basis. Parametric Portfolio Limited Liability Corp stated it has 141,851 shares or 0.01% of all its holdings. Usa Fincl Portformulas Corporation has 0.21% invested in Lululemon Athletica Inc. (NASDAQ:LULU), 7 rate it "Buy", 11 "Outperform", 13 "Underperform", 1 "Sell", while 1 "Hold". (NASDAQ:LULU) for 35,600 shares.

Creative Planning accumulated 16,573 shares.

Royal Bank of Canada restated their outperform rating on shares of Lululemon Athletica inc.

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Winslow Asset Management Inc increased its stake in Lululemon Athletica In Com (LULU) by 103.66% based on its latest 2017Q2 regulatory filing with the SEC. Lululemon Athletica Inc. has $92 highest and $40 lowest target. Shell Asset Mgmt has 0.01% invested in Lululemon Athletica Inc. (NASDAQ:LULU) for 713 shares. National Bank & Trust Of Montreal Can has 163,601 shares for 0.01% of their portfolio. Goldman Sachs maintained Lululemon Athletica Inc. The company has market cap of $8.99 billion. The institutional investor held 109,226 shares of the apparel company at the end of 2017Q2, valued at $6.52 million, up from 53,631 at the end of the previous reported quarter. Finally, Scotia Capital Inc. lifted its holdings in lululemon athletica by 23.0% in the 2nd quarter. About 1.34M shares traded. (NASDAQ LULU) opened at $66.36 on Wednesday. It has underperformed by 36.03% the S&P500. (NASDAQ:LULU). The Massachusetts-based State Street has invested 0.01% in Lululemon Athletica Inc. "Delivers Black Friday Feast" on December 03, 2017.

About Lululemon Athletica inc. lululemon athletica inc.is a designer, distributor and retailer of athletic apparel.

Canadian yoga and leisure apparel maker Lululemon Athletica Inc on Wednesday reported a higher-than-expected profit and gave an upbeat holiday-quarter forecast, sending its shares up almost 7 per cent in after-hours trading. Crystal Rock Capital Management acquired a new position in lululemon athletica during the 2nd quarter valued at about $2,418,000. Five analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. lululemon athletica presently has a consensus rating of "Hold" and a consensus target price of $65.85. Therefore 55% are positive. Stifel Nicolaus cut their target price on Lululemon Athletica inc. from $67.00 to $60.00 and set a hold rating on the stock in a research note on Thursday, March 30th. On Thursday, June 1 the stock rating was maintained by Credit Suisse with "Hold". Dimensional Fund Advisors LP increased its position in lululemon athletica by 10.5% during the 2nd quarter. The firm has "Buy" rating given on Thursday, March 31 by Citigroup. The firm earned "Overweight" rating on Monday, April 4 by JP Morgan. Jefferies downgraded the stock to "Hold" rating in Thursday, September 8 report. The company was maintained on Tuesday, January 24 by Canaccord Genuity. Jefferies maintained it with "Hold" rating and $60.0 target in Friday, September 1 report.

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