IHT Wealth Management LLC boosted its position in Lululemon Athletica Inc. (NASDAQ:LULU – Get Rating) by 16.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,727 shares of the apparel retailer’s stock after purchasing an additional 389 shares during the quarter. IHT Wealth Management LLC’s holdings in Lululemon Athletica were worth $762,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in LULU. Guardian Wealth Advisors LLC acquired a new position in Lululemon Athletica in the 3rd quarter valued at $26,000. Ronald Blue Trust Inc. acquired a new position in Lululemon Athletica in the 2nd quarter valued at $30,000. Private Trust Co. NA acquired a new position in Lululemon Athletica in the 2nd quarter valued at $49,000. Tyler Stone Wealth Management raised its stake in Lululemon Athletica by 660.0% in the 2nd quarter. Tyler Stone Wealth Management now owns 190 shares of the apparel retailer’s stock valued at $52,000 after purchasing an additional 165 shares during the last quarter. Finally, Tobam raised its stake in Lululemon Athletica by 94.2% in the 3rd quarter. Tobam now owns 200 shares of the apparel retailer’s stock valued at $56,000 after purchasing an additional 97 shares during the last quarter. 82.04% of the stock is owned by institutional investors and hedge funds.
Lululemon Athletica Stock Performance
Shares of LULU opened at $294.74 on Friday. Lululemon Athletica Inc. has a 1 year low of $251.51 and a 1 year high of $410.70. The stock has a market capitalization of $37.58 billion, a PE ratio of 32.39, a PEG ratio of 1.30 and a beta of 1.35. The stock has a 50-day simple moving average of $310.71 and a 200-day simple moving average of $320.90.
Wall Street Analysts Forecast Growth
Lululemon Athletica Company Profile
lululemon athletica, Inc engages in the designing, distributing and retail of athletic apparel and accessories. It operates through the following business segments: Company-Operated Stores, Direct to Consumer. The Company-Operated Stores segment comprises lululemon and ivivva brands; and specialize in athletic wear for female youth.
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