Dimensional Fund Advisors LP boosted its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 10.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 314,404 shares of the apparel retailer’s stock after buying an additional 29,880 shares during the quarter. Dimensional Fund Advisors LP owned 0.23% of lululemon athletica inc. worth $18,760,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Comerica Bank boosted its stake in lululemon athletica inc. by 1.0% during the second quarter. Comerica Bank now owns 11,264 shares of the apparel retailer’s stock worth $699,000 after buying an additional 115 shares during the period. Suntrust Banks Inc. boosted its stake in shares of lululemon athletica inc. by 5.9% during the second quarter. Suntrust Banks Inc. now owns 4,239 shares of the apparel retailer’s stock valued at $252,000 after purchasing an additional 237 shares during the period. Bender Robert & Associates boosted its stake in shares of lululemon athletica inc. by 0.4% during the second quarter. Bender Robert & Associates now owns 84,141 shares of the apparel retailer’s stock valued at $5,021,000 after purchasing an additional 302 shares during the period. HighTower Advisors LLC boosted its stake in shares of lululemon athletica inc. by 8.3% during the first quarter. HighTower Advisors LLC now owns 8,526 shares of the apparel retailer’s stock valued at $441,000 after purchasing an additional 657 shares during the period. Finally, Global X Management Co. LLC boosted its stake in shares of lululemon athletica inc. by 39.7% during the second quarter. Global X Management Co. LLC now owns 2,532 shares of the apparel retailer’s stock valued at $151,000 after purchasing an additional 719 shares during the period. 80.28% of the stock is owned by institutional investors.

lululemon athletica inc. (LULU) opened at $64.01 on Friday. lululemon athletica inc. has a twelve month low of $47.26 and a twelve month high of $72.70. The company has a market capitalization of $8,344.88, a PE ratio of 28.27, a P/E/G ratio of 2.14 and a beta of 0.15.

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

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A number of analysts have recently issued reports on the stock. Cowen and Company reissued an “outperform” rating and set a $68.00 target price (up from $67.00) on shares of lululemon athletica inc. in a research note on Friday, September 1st. Zacks Investment Research raised shares of lululemon athletica inc. from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research note on Thursday, August 17th. Credit Suisse Group set a $56.00 price objective on shares of lululemon athletica inc. and gave the stock a “hold” rating in a research note on Friday, August 25th. Instinet reaffirmed a “buy” rating and issued a $67.00 price objective (up from $65.00) on shares of lululemon athletica inc. in a research note on Friday, September 1st. Finally, Robert W. Baird set a $70.00 price objective on shares of lululemon athletica inc. and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Three equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $65.67.

About lululemon athletica inc.

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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