Natural Investments LLC Acquires New Shares in Lululemon Athletica Inc. (NASDAQ:LULU)

Natural Investments LLC acquired a new stake in Lululemon Athletica Inc. (NASDAQ:LULU) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 4,621 shares of the apparel retailer’s stock, valued at approximately $1,766,000.

A number of other hedge funds have also bought and sold shares of the business. Geode Capital Management LLC boosted its holdings in Lululemon Athletica by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,474,828 shares of the apparel retailer’s stock valued at $669,036,000 after purchasing an additional 44,294 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Lululemon Athletica by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 719,413 shares of the apparel retailer’s stock worth $275,111,000 after acquiring an additional 17,119 shares during the last quarter. Amundi lifted its holdings in shares of Lululemon Athletica by 2.9% during the 4th quarter. Amundi now owns 666,691 shares of the apparel retailer’s stock worth $261,956,000 after acquiring an additional 18,861 shares during the last quarter. Montrusco Bolton Investments Inc. lifted its holdings in shares of Lululemon Athletica by 43.5% during the 3rd quarter. Montrusco Bolton Investments Inc. now owns 611,814 shares of the apparel retailer’s stock worth $166,016,000 after acquiring an additional 185,440 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Lululemon Athletica by 60.4% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 546,162 shares of the apparel retailer’s stock worth $148,201,000 after acquiring an additional 205,757 shares during the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Lululemon Athletica Trading Down 3.1 %

Shares of LULU stock opened at $333.77 on Tuesday. Lululemon Athletica Inc. has a 12 month low of $226.01 and a 12 month high of $480.94. The stock has a market cap of $40.65 billion, a P/E ratio of 24.10, a P/E/G ratio of 2.22 and a beta of 1.21. The company has a 50 day simple moving average of $381.96 and a two-hundred day simple moving average of $333.82.

Insider Buying and Selling at Lululemon Athletica

In related news, insider Nicole Neuburger sold 2,022 shares of Lululemon Athletica stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $387.11, for a total transaction of $782,736.42. Following the transaction, the insider now owns 6,198 shares in the company, valued at approximately $2,399,307.78. The trade was a 24.60 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.48% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on LULU shares. Needham & Company LLC raised shares of Lululemon Athletica from a “hold” rating to a “buy” rating and set a $475.00 price objective for the company in a report on Friday, January 10th. Citigroup boosted their price objective on shares of Lululemon Athletica from $270.00 to $380.00 and gave the company a “neutral” rating in a research report on Friday, December 6th. Telsey Advisory Group boosted their price objective on shares of Lululemon Athletica from $430.00 to $445.00 and gave the company an “outperform” rating in a research report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Lululemon Athletica from $292.00 to $396.00 and gave the company a “hold” rating in a research report on Monday, December 9th. Finally, Guggenheim boosted their price objective on shares of Lululemon Athletica from $350.00 to $415.00 and gave the company a “buy” rating in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $399.14.

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.