Toronto Dominion Bank Boosts Holdings in lululemon athletica inc. (LULU)

Toronto Dominion Bank boosted its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 3,523.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 45,760 shares of the apparel retailer’s stock after buying an additional 44,497 shares during the quarter. Toronto Dominion Bank’s holdings in lululemon athletica inc. were worth $2,848,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of lululemon athletica inc. by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 7,850,066 shares of the apparel retailer’s stock valued at $468,413,000 after purchasing an additional 233,035 shares during the period. BlackRock Inc. lifted its stake in shares of lululemon athletica inc. by 4.4% in the 2nd quarter. BlackRock Inc. now owns 5,373,376 shares of the apparel retailer’s stock valued at $320,629,000 after purchasing an additional 228,068 shares during the period. HS Management Partners LLC lifted its stake in shares of lululemon athletica inc. by 36.4% in the 2nd quarter. HS Management Partners LLC now owns 2,775,486 shares of the apparel retailer’s stock valued at $165,613,000 after purchasing an additional 741,200 shares during the period. Janus Henderson Group PLC lifted its stake in shares of lululemon athletica inc. by 16,053.2% in the 2nd quarter. Janus Henderson Group PLC now owns 2,614,550 shares of the apparel retailer’s stock valued at $156,010,000 after purchasing an additional 2,598,364 shares during the period. Finally, Eaton Vance Management acquired a new position in shares of lululemon athletica inc. in the 2nd quarter valued at $126,967,000. 79.69% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of lululemon athletica inc. (NASDAQ LULU) opened at $66.58 on Wednesday. The firm has a market cap of $9,054.28, a price-to-earnings ratio of 30.68, a price-to-earnings-growth ratio of 2.32 and a beta of 0.15. lululemon athletica inc. has a one year low of $47.26 and a one year high of $72.70.

lululemon athletica inc. (NASDAQ:LULU) last posted its earnings results on Thursday, August 31st. The apparel retailer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. The firm had revenue of $581.10 million for the quarter, compared to analysts’ expectations of $567.40 million. lululemon athletica inc. had a net margin of 11.68% and a return on equity of 22.51%. The company’s revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.38 earnings per share. equities analysts predict that lululemon athletica inc. will post 2.43 earnings per share for the current fiscal year.

A number of research firms have recently weighed in on LULU. B. Riley reissued a “neutral” rating on shares of lululemon athletica inc. in a research note on Wednesday, November 1st. BMO Capital Markets set a $55.00 price objective on shares of lululemon athletica inc. and gave the company a “hold” rating in a research report on Tuesday, August 8th. Vetr upgraded shares of lululemon athletica inc. from a “hold” rating to a “buy” rating and set a $63.40 price objective for the company in a research report on Thursday, August 10th. BidaskClub cut shares of lululemon athletica inc. from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. Finally, Zacks Investment Research upgraded shares of lululemon athletica inc. from a “hold” rating to a “buy” rating and set a $67.00 price objective for the company in a research report on Thursday, August 17th. Three research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $65.67.

lululemon athletica inc. Company Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.

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Institutional Ownership by Quarter for lululemon athletica inc. (NASDAQ:LULU)

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