In today’s session Lululemon Athletica inc. (LULU) registered an unusually high (6,350) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious LULU increase. With 6,350 contracts traded and 8124 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: LULU161021C00059000 closed last at: $0.59 or 18% up. About 1.02M shares traded hands. Lululemon Athletica inc. (NASDAQ:LULU) has declined 12.53% since March 14, 2016 and is downtrending. It has underperformed by 18.14% the S&P500.
Lululemon Athletica inc. (NASDAQ:LULU) Ratings Coverage
Out of 31 analysts covering Lululemon Athletica Inc. (NASDAQ:LULU), 18 rate it a “Buy”, 4 “Sell”, while 9 “Hold”. This means 58% are positive. Lululemon Athletica Inc. has been the topic of 80 analyst reports since August 18, 2015 according to StockzIntelligence Inc. The firm earned “Underperform” rating on Monday, November 30 by FBR Capital. Citigroup maintained the shares of LULU in a report on Thursday, March 31 with “Buy” rating. The rating was maintained by Oppenheimer on Thursday, November 19 with “Outperform”. As per Friday, September 11, the company rating was maintained by Deutsche Bank. Wedbush maintained Lululemon Athletica inc. (NASDAQ:LULU) rating on Wednesday, January 13. Wedbush has “Outperform” rating and $65.0 price target. The stock has “Underperform” rating given by Bank of America on Monday, May 16. The firm has “Hold” rating by Canaccord Genuity given on Friday, September 11. On Wednesday, March 23 the stock rating was maintained by Oppenheimer with “Outperform”. The company was maintained on Wednesday, December 9 by Mizuho. Susquehanna initiated Lululemon Athletica inc. (NASDAQ:LULU) on Friday, September 16 with “Positive” rating.
According to Zacks Investment Research, “lululemon athletica Inc. designs and retails athletic clothing for women, men, and female youth. Its apparel assortment, including items, such as fitness pants, shorts, tops and jackets, is designed for activities such as yoga, running and general fitness. The Company’s fitness-related accessories include an array of items, such as bags, socks, underwear, yoga mats, instructional yoga digital versatile discs and water bottles. lululemon athletica Inc. is based in Vancouver, Canada.”
Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.33, from 1.12 in 2016Q1. The ratio dived, as 51 funds sold all Lululemon Athletica inc. shares owned while 113 reduced positions. 36 funds bought stakes while 93 increased positions. They now own 127.50 million shares or 1.01% more from 126.22 million shares in 2016Q1.
Css Lc Il accumulated 6,800 shares or 0.03% of the stock. Balyasny Asset Mgmt Lc last reported 0.14% of its portfolio in the stock. Deutsche Fincl Bank Ag accumulated 590,413 shares or 0.03% of the stock. Parametric Portfolio Assocs Ltd Limited Liability Company, a Washington-based fund reported 46,135 shares. Dai Ichi Life accumulated 0.14% or 63,091 shares. Lone Pine Capital Limited Liability reported 7.41M shares or 2.53% of all its holdings. Goldman Sachs holds 227,859 shares or 0.01% of its portfolio. Susquehanna Ltd Liability Partnership holds 0.01% or 247,675 shares in its portfolio. Dimensional Fund Advsrs Limited Partnership accumulated 264,822 shares or 0.01% of the stock. Seaward Management Ltd Partnership holds 8,466 shares or 0.03% of its portfolio. Dnb Asset Mngmt As last reported 0% of its portfolio in the stock. Brown Brothers Harriman last reported 1,434 shares in the company. Magnetar Fin Limited Liability Corporation accumulated 3,562 shares or 0% of the stock. Mizuho Asset Mngmt Coltd accumulated 1,360 shares or 0.02% of the stock. State Of New Jersey Common Pension Fund D last reported 0.02% of its portfolio in the stock.
Lululemon Athletica Inc. is a designer, distributor and retailer of technical athletic apparel. The company has a market cap of $7.49 billion. The Company’s divisions include Company-operated stores, Direct to consumer and Other. It has a 28.51 P/E ratio. The Firm offers a line of apparel and accessories for women, men and female youth.
LULU Company Profile
Lululemon Athletica Inc., incorporated on November 21, 2005, is a designer, distributor and retailer of technical athletic apparel. The Company’s divisions include Company-operated stores, Direct to consumer and Other. The Firm offers a line of apparel and accessories for women, men and female youth. The Company’s apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, other sweaty pursuits and athletic wear for female youth. The Company’s fitness-related accessories include an array of items, such as bags, socks, underwear, yoga mats and water bottles. The Firm conducts its business through two channels: Company-operated stores and direct to consumer.
Another recent and important Lululemon Athletica inc. (NASDAQ:LULU) news was published by Schaeffersresearch.com which published an article titled: “Lululemon Athletica inc. (LULU) Call Options Fly Amid ‘Go Private’ Rumors” on October 05, 2016.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.