Lululemon Athletica Inc (NASDAQ:LULU) Institutional Investors Sentiment Index Up in 2017 Q3

January 15, 2018 - By Nellie Frank

 Lululemon Athletica Inc (NASDAQ:LULU) Institutional Investors Sentiment Index  Up in  2017 Q3

Sentiment for Lululemon Athletica Inc (NASDAQ:LULU)

Lululemon Athletica Inc (NASDAQ:LULU) institutional sentiment increased to 1.2 in 2017 Q3. Its up 0.24, from 0.96 in 2017Q2. The ratio is more positive, as 142 investment professionals increased or started new holdings, while 118 cut down and sold their equity positions in Lululemon Athletica Inc. The investment professionals in our partner’s database now possess: 105.19 million shares, up from 104.73 million shares in 2017Q2. Also, the number of investment professionals holding Lululemon Athletica Inc in their top 10 holdings increased from 4 to 5 for an increase of 1. Sold All: 29 Reduced: 89 Increased: 88 New Position: 54.

lululemon athletica inc., an athletic apparel company, together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. The company has market cap of $10.67 billion. It operates through two divisions, Company-Operated Stores and Direct to Consumer. It has a 39.17 P/E ratio. The firm offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga and running; other sweaty pursuits; and athletic wear for female youth.

The stock decreased 0.19% or $0.15 during the last trading session, reaching $78.84. About 1.22M shares traded. Lululemon Athletica Inc. (NASDAQ:LULU) has declined 19.33% since January 15, 2017 and is downtrending. It has underperformed by 36.03% the S&P500.

Analysts await Lululemon Athletica Inc. (NASDAQ:LULU) to report earnings on April, 4. They expect $1.22 EPS, up 22.00 % or $0.22 from last year’s $1 per share. LULU’s profit will be $165.16 million for 16.16 P/E if the $1.22 EPS becomes a reality. After $0.56 actual EPS reported by Lululemon Athletica Inc. for the previous quarter, Wall Street now forecasts 117.86 % EPS growth.

Advent International Corp Ma holds 22.57% of its portfolio in Lululemon Athletica Inc. for 20.11 million shares. Sib Llc owns 132,728 shares or 5.92% of their US portfolio. Moreover, Hs Management Partners Llc has 5.55% invested in the company for 2.76 million shares. The New Jersey-based Hhr Asset Management Llc has invested 4.27% in the stock. Peregrine Asset Advisers Inc., a Oregon-based fund reported 128,682 shares.#img1#

Lululemon Athletica Inc. (NASDAQ:LULU) Ratings Coverage

Ratings analysis reveals 58% of Lululemon Athletica Inc.’s analysts are positive. Out of 40 Wall Street analysts rating Lululemon Athletica Inc., 23 give it “Buy”, 1 “Sell” rating, while 16 recommend “Hold”. The lowest target is $40 while the high is $93.0. The stock’s average target of $73.03 is -7.37% below today’s ($78.84) share price. LULU was included in 177 notes of analysts from August 18, 2015. Goldman Sachs upgraded Lululemon Athletica Inc. (NASDAQ:LULU) on Thursday, February 2 to “Neutral” rating. The stock of Lululemon Athletica Inc. (NASDAQ:LULU) earned “Buy” rating by Mizuho on Thursday, December 8. The company was upgraded on Friday, October 16 by Credit Suisse. The stock of Lululemon Athletica Inc. (NASDAQ:LULU) has “Neutral” rating given on Friday, September 11 by DA Davidson. Susquehanna maintained Lululemon Athletica Inc. (NASDAQ:LULU) rating on Tuesday, August 29. Susquehanna has “Hold” rating and $64.0 target. The firm has “Hold” rating given on Thursday, March 30 by Deutsche Bank. The rating was maintained by UBS with “Neutral” on Thursday, March 31. The stock of Lululemon Athletica Inc. (NASDAQ:LULU) has “Buy” rating given on Thursday, December 8 by Evercore. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, August 31. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, December 7.

More notable recent Lululemon Athletica Inc. (NASDAQ:LULU) news were published by: Businesswire.com which released: “lululemon athletica inc. Announces Participation in the ICR Conference 2018” on December 19, 2017, also Investorplace.com with their article: “Lululemon Athletica Inc. Is the Right Stock At the Wrong Time” published on December 28, 2017, Fool.com published: “8 Reasons to Buy Lululemon Athletica Stock” on January 11, 2018. More interesting news about Lululemon Athletica Inc. (NASDAQ:LULU) were released by: Streetinsider.com and their article: “Lululemon Athletica Inc. (LULU) PT Raised to $95 at Deutsche Bank” published on January 03, 2018 as well as Gurufocus.com‘s news article titled: “Sib Llc Buys Lennar Corp, Sells Lululemon Athletica Inc, Lowe’s Inc” with publication date: January 12, 2018.

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