Lodge Hill Capital LLC increased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 688,170 shares of the apparel retailer’s stock after acquiring an additional 18,170 shares during the quarter. lululemon athletica comprises approximately 3.2% of Lodge Hill Capital LLC’s investment portfolio, making the stock its 11th biggest holding. Lodge Hill Capital LLC owned about 0.51% of lululemon athletica worth $42,839,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. IHT Wealth Management LLC boosted its stake in lululemon athletica by 591.0% during the 2nd quarter. IHT Wealth Management LLC now owns 1,382 shares of the apparel retailer’s stock worth $105,000 after acquiring an additional 1,182 shares during the last quarter. Thompson Siegel & Walmsley LLC bought a new position in lululemon athletica during the 3rd quarter worth approximately $156,000. Global X Management Co. LLC boosted its stake in lululemon athletica by 39.7% during the 2nd quarter. Global X Management Co. LLC now owns 2,532 shares of the apparel retailer’s stock worth $151,000 after acquiring an additional 719 shares during the last quarter. Oakbrook Investments LLC bought a new position in lululemon athletica during the 3rd quarter worth approximately $202,000. Finally, Mackenzie Financial Corp bought a new position in lululemon athletica during the 3rd quarter worth approximately $232,000. 79.44% of the stock is currently owned by institutional investors and hedge funds.
Shares of lululemon athletica inc. (LULU) opened at $67.22 on Monday. lululemon athletica inc. has a fifty-two week low of $47.26 and a fifty-two week high of $72.70. The stock has a market cap of $9,100.31, a P/E ratio of 30.83, a PEG ratio of 2.49 and a beta of 0.18.
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lululemon athletica Profile
lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.
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