Lululemon Athletica inc. (LULU) Soars Following Earnings Beat

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53 funds opened positions while 89 raised stakes.

The company's net income fell 13.8 percent to $58.9 million, or 43 cents per share, in the quarter ended October 29, mainly due to an asset impairment charge of $21 million. The legal version of this article can be viewed at https://www.truebluetribune.com/2017/12/06/lululemon-athletica-lulu-issues-quarterly-earnings-results-beats-estimates-by-0-04-eps.html. Alliancebernstein LP has 153,514 shares. With an institutional ownership near 88.7%, it carries an earnings per share ratio of 2.08. Td Asset Management reported 0% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU) for 6,288 shares. Usa Portformulas Corp reported 14,422 shares. 688,201 were reported by Morgan Stanley. Needham & Company LLC reaffirmed a "buy" rating and set a $71.00 price objective (up previously from $69.00) on shares of lululemon athletica in a report on Friday, December 1st. Carroll Incorporated reported 200 shares. Cowen & Co maintained the shares of CSCO in report on Thursday, November 16 with "Buy" rating. (NASDAQ:LULU). Telemus Capital Limited Company invested in 0.27% or 32,625 shares. Prudential Financial has invested 0% in Lululemon Athletica Inc. 20,946 were accumulated by Public Employees Retirement Association Of Colorado.

Capital Fund Management Sa has invested 0.12% in Lululemon Athletica Inc. Gardner Lewis Asset Mgmt L P has 0.13% invested in Lululemon Athletica Inc. The company has market cap of $8.99 billion. The stock increased 1.40% or $0.929 during the last trading session, reaching $67.289. Renaissance Technologies LLC now owns 1,197,100 shares of the apparel retailer's stock worth $62,094,000 after buying an additional 757,600 shares during the last quarter. It has underperformed by 36.03% the S&P500.

Suntrust Banks Inc increased Honeywell Intl Inc (HON) stake by 2.71% reported in 2017Q2 SEC filing.

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More notable recent Lululemon Athletica Inc. Honeywell International Inc. (NYSE:HON) has risen 17.66% since December 6, 2016 and is uptrending. (NASDAQ:LULU) news were published by: Nasdaq.com which released: "lululemon athletica Reaches Analyst Target Price" on November 13, 2017, also Streetinsider.com with their article: "Lululemon Athletica Inc".

Lululemon also said innovative new fabrics used in its women's trousers, launched in the third quarter, were a hit with customers, improving sales in the category by 24 percent.

Several analysts have weighed in on LULU shares. Advent Int Corp Ma reported 22.57% of its portfolio in Lululemon Athletica Inc. Announces Leadership Change" with publication date: "November 09, 2017. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lululemon Athletica inc. and related companies with our FREE daily email newsletter. (NASDAQ:LULU). 607,528 are held by Millennium Mgmt. Therefore 62% are positive. Bank of America raised shares of lululemon athletica from an "underperform" rating to a "buy" rating and upped their price objective for the company from $48.00 to $70.00 in a research note on Monday, August 21st. The firm has "Buy" rating given on Thursday, March 31 by Citigroup.

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Lululemon Athletica wasn't one of them! The firm earned "Outperform" rating on Friday, September 11 by Robert W. Baird. The firm has "Hold" rating given on Wednesday, June 14 by Goldman Sachs. The rating was maintained by RBC Capital Markets on Monday, August 7 with "Buy". Wedbush maintained the shares of LULU in report on Thursday, March 30 with "Outperform" rating. The firm earned "Hold" rating on Tuesday, August 29 by Susquehanna. M Partners maintained Lululemon Athletica Inc. (NASDAQ:CSCO) on Tuesday, November 24 with "Buy" rating.

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