Hhr Asset Management LLC Decreased Its Lululemon Athletica INC (LULU) Position as Shares Declined

Investors sentiment decreased to 1.2 in Q3 2018. Its down 0.33, from 1.53 in 2018Q2. It worsened, as 31 investors sold LULU shares while 138 reduced holdings. 77 funds opened positions while 125 raised stakes. 97.93 million shares or 2.07% less from 100.00 million shares in 2018Q2 were reported. 118,185 were accumulated by Trillium Asset Mngmt Ltd Liability. Nordea Investment Mgmt Ab, a Sweden-based fund reported 4,243 shares. Gsa Cap Prtn Limited Liability Partnership has invested 0.25% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU). Cibc Asset Management, Ontario – Canada-based fund reported 2,052 shares. Eqis Cap Management owns 1,417 shares. Oregon Pub Employees Retirement Fund owns 35,662 shares or 0.08% of their US portfolio. Cim Limited Liability holds 10,473 shares or 0.62% of its portfolio. Tobam, a France-based fund reported 259,778 shares. Principal Fincl Gp Inc reported 0.04% in Lululemon Athletica Inc. (NASDAQ:LULU). Everett Harris And Ca holds 0.01% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU) for 3,540 shares. Alyeska Inv Group Inc LP stated it has 119,512 shares or 0.23% of all its holdings. Css Ltd Liability Company Il holds 6,800 shares or 0.05% of its portfolio. M&T Bancorporation Corp owns 0% invested in Lululemon Athletica Inc. (NASDAQ:LULU) for 2,848 shares. 176,388 were accumulated by Apg Asset Mngmt Nv. Wilbanks Smith & Thomas Asset Limited Liability Company has 0% invested in Lululemon Athletica Inc. (NASDAQ:LULU) for 229 shares.

Hhr Asset Management Llc decreased its stake in Lululemon Athletica Inc (LULU) by 17.41% based on its latest 2018Q3 regulatory filing with the SEC. Hhr Asset Management Llc sold 277,310 shares as the company’s stock declined 25.37% with the market. The hedge fund held 1.32M shares of the apparel company at the end of 2018Q3, valued at $81.91 million, down from 1.59 million at the end of the previous reported quarter. Hhr Asset Management Llc who had been investing in Lululemon Athletica Inc for a number of months, seems to be less bullish one the $18.49 billion market cap company. The stock increased 5.67% or $7.49 during the last trading session, reaching $139.65. About 6.68M shares traded or 166.03% up from the average. Lululemon Athletica Inc. (NASDAQ:LULU) has risen 59.71% since January 14, 2018 and is uptrending. It has outperformed by 59.71% the S&P500.

Hhr Asset Management Llc, which manages about $2.77 billion and $1.92 billion US Long portfolio, upped its stake in Alliance Data Systems Corp (NYSE:ADS) by 31,820 shares to 363,551 shares, valued at $80.55 million in 2018Q3, according to the filing. It also increased its holding in Ultimate Software Group Inc (NASDAQ:ULTI) by 36,430 shares in the quarter, for a total of 394,388 shares, and has risen its stake in Zillow Group Inc.

Analysts await Lululemon Athletica Inc. (NASDAQ:LULU) to report earnings on March, 26. They expect $1.69 earnings per share, up 27.07 % or $0.36 from last year’s $1.33 per share. LULU’s profit will be $223.76 million for 20.66 P/E if the $1.69 EPS becomes a reality. After $0.75 actual earnings per share reported by Lululemon Athletica Inc. for the previous quarter, Wall Street now forecasts 125.33 % EPS growth.

More notable recent Lululemon Athletica Inc. (NASDAQ:LULU) news were published by: Nasdaq.com which released: “Lululemon (LULU) Gains But Lags Market: What You Should Know – Nasdaq” on December 31, 2018, also Nasdaq.com with their article: “Lululemon (LULU) 3rd Quarter Earnings: What to Expect – Nasdaq” published on December 05, 2018, Nasdaq.com published: “Which Apparel Stocks Could be the Crocs (CROX) of 2019? – Nasdaq” on December 21, 2018. More interesting news about Lululemon Athletica Inc. (NASDAQ:LULU) were released by: Nasdaq.com and their article: “What’s Ahead for Lululemon Stock in 2019? – Nasdaq” published on January 05, 2019 as well as Nasdaq.com‘s news article titled: “Here’s What to Expect from Lululemon’s (LULU) Q3 Earnings – Nasdaq” with publication date: December 05, 2018.

Lululemon Athletica Inc. (NASDAQ:LULU) Ratings Coverage

Among 19 analysts covering Lululemon Athletica (NASDAQ:LULU), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Lululemon Athletica had 28 analyst reports since August 15, 2018 according to SRatingsIntel. The stock of Lululemon Athletica Inc. (NASDAQ:LULU) has “Neutral” rating given on Friday, August 31 by Citigroup. The firm has “Hold” rating by Stifel Nicolaus given on Friday, August 31. The rating was upgraded by Argus Research to “Buy” on Thursday, August 16. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, October 24. The company was maintained on Tuesday, October 2 by Cowen & Co. As per Friday, August 31, the company rating was maintained by Barclays Capital. The firm earned “Buy” rating on Monday, December 3 by M Partners. The stock of Lululemon Athletica Inc. (NASDAQ:LULU) has “Equal-Weight” rating given on Friday, December 7 by Morgan Stanley. The firm has “Neutral” rating by FBR Capital given on Friday, August 31. Credit Suisse maintained it with “Outperform” rating and $154 target in Tuesday, August 28 report.

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

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