As Lululemon Athletica INC (LULU) Valuation Rose, Holder Moore Capital Management LP Has Decreased Its Position

May 17, 2018 - By James Guidry

Investors sentiment decreased to 1.08 in 2017 Q4. Its down 0.12, from 1.2 in 2017Q3. It is negative, as 34 investors sold LULU shares while 100 reduced holdings. 65 funds opened positions while 80 raised stakes. 101.36 million shares or 3.64% less from 105.19 million shares in 2017Q3 were reported. Moreover, Mackenzie Fin Corp has 0% invested in Lululemon Athletica Inc. (NASDAQ:LULU). Goldman Sachs Grp Inc holds 578,319 shares. Engineers Gate Manager Lp reported 0.23% stake. Telemus Cap Limited Liability Corporation owns 23,005 shares. Ubs Asset Americas reported 0.02% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU). Bnp Paribas Arbitrage, New York-based fund reported 5,028 shares. Glg Prtnrs Limited Partnership has invested 0.95% in Lululemon Athletica Inc. (NASDAQ:LULU). Marsico Capital Mgmt Limited has 0.13% invested in Lululemon Athletica Inc. (NASDAQ:LULU) for 42,206 shares. Peoples Financial holds 200 shares. Credit Suisse Ag invested 0.01% in Lululemon Athletica Inc. (NASDAQ:LULU). Whittier Tru Com invested in 0% or 220 shares. Raymond James Finance Advsr owns 6,251 shares for 0% of their portfolio. Oregon Employees Retirement Fund has 0.02% invested in Lululemon Athletica Inc. (NASDAQ:LULU). Canada Pension Plan Inv Board reported 44,010 shares. State Board Of Administration Of Florida Retirement holds 137,080 shares or 0.03% of its portfolio.

Since February 12, 2018, it had 0 insider buys, and 1 insider sale for $211.00 million activity.

Louis Bacon decreased its stake in Lululemon Athletica Inc (LULU) by 21.6% based on its latest 2017Q4 regulatory filing with the SEC. Moore Capital Management Lp sold 135,000 shares as the company’s stock rose 0.29% while stock markets declined. The hedge fund run by Louis Bacon held 490,000 shares of the apparel company at the end of 2017Q4, valued at $38.51 million, down from 625,000 at the end of the previous reported quarter. Moore Capital Management Lp who had been investing in Lululemon Athletica Inc for a number of months, seems to be less bullish one the $13.84B market cap company. The stock increased 0.34% or $0.35 during the last trading session, reaching $102. About 1.03 million shares traded. Lululemon Athletica Inc. (NASDAQ:LULU) has risen 22.77% since May 17, 2017 and is uptrending. It has outperformed by 11.22% the S&P500.

Moore Capital Management Lp, which manages about $44.02 billion and $5.49B US Long portfolio, upped its stake in Altaba Inc by 50,000 shares to 470,000 shares, valued at $32.83M in 2017Q4, according to the filing. It also increased its holding in Caterpillar Inc Del (NYSE:CAT) by 55,000 shares in the quarter, for a total of 95,000 shares, and has risen its stake in Crown Castle Intl Corp New (NYSE:CCI).

Analysts await Lululemon Athletica Inc. (NASDAQ:LULU) to report earnings on June, 7. They expect $0.45 earnings per share, up 40.63 % or $0.13 from last year’s $0.32 per share. LULU’s profit will be $61.05M for 56.67 P/E if the $0.45 EPS becomes a reality. After $1.33 actual earnings per share reported by Lululemon Athletica Inc. for the previous quarter, Wall Street now forecasts -66.17 % negative EPS growth.

More notable recent Lululemon Athletica Inc. (NASDAQ:LULU) news were published by: Schaeffersresearch.com which released: “Analyst Expects Higher Highs for Lululemon Stock” on May 07, 2018, also Benzinga.com with their article: “5 Biggest Price Target Changes For Monday” published on May 14, 2018, Seekingalpha.com published: “Lululemon Continues To Exceed Expectations” on April 23, 2018. More interesting news about Lululemon Athletica Inc. (NASDAQ:LULU) were released by: Nasdaq.com and their article: “Lululemon Athletica Inc. Stock Is Due for a Drop After a Lulu of a Rally” published on May 01, 2018 as well as Fool.com‘s news article titled: “Why Lululemon Athletica Stock Gained 12% in April” with publication date: May 04, 2018.

Lululemon Athletica Inc. (NASDAQ:LULU) Ratings Coverage

Among 26 analysts covering Lululemon Athletica Inc (NASDAQ:LULU), 15 have Buy rating, 0 Sell and 11 Hold. Therefore 58% are positive. Lululemon Athletica Inc had 56 analyst reports since December 1, 2017 according to SRatingsIntel. J.P. Morgan maintained the shares of LULU in report on Thursday, December 7 with “Buy” rating. The stock of Lululemon Athletica Inc. (NASDAQ:LULU) earned “Buy” rating by SunTrust on Friday, February 2. The firm earned “Buy” rating on Monday, January 8 by Cowen & Co. Needham maintained Lululemon Athletica Inc. (NASDAQ:LULU) rating on Tuesday, January 9. Needham has “Buy” rating and $84.0 target. The rating was maintained by Jefferies with “Hold” on Monday, January 8. The rating was maintained by Robert W. Baird on Tuesday, January 2 with “Buy”. The stock of Lululemon Athletica Inc. (NASDAQ:LULU) has “Hold” rating given on Tuesday, December 19 by BMO Capital Markets. Canaccord Genuity maintained Lululemon Athletica Inc. (NASDAQ:LULU) rating on Sunday, January 7. Canaccord Genuity has “Hold” rating and $75.0 target. J.P. Morgan maintained the shares of LULU in report on Wednesday, March 28 with “Buy” rating. SunTrust maintained Lululemon Athletica Inc. (NASDAQ:LULU) on Wednesday, December 6 with “Buy” rating.

Lululemon Athletica Inc. (NASDAQ:LULU) Institutional Positions Chart

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