As Lululemon Athletica (LULU) Market Value Declined, Holder Telemus Capital Has Decreased by $465,000 Its Holding; As Newell Brands (NWL) Shares Rose, Community Trust & Investment Co Upped Its Position

February 23, 2018 - By Peter Erickson

Telemus Capital Llc decreased its stake in Lululemon Athletica Inc (LULU) by 22.99% based on its latest 2017Q3 regulatory filing with the SEC. Telemus Capital Llc sold 7,500 shares as the company’s stock declined 26.14% while stock markets rallied. The institutional investor held 25,125 shares of the apparel company at the end of 2017Q3, valued at $1.56 million, down from 32,625 at the end of the previous reported quarter. Telemus Capital Llc who had been investing in Lululemon Athletica Inc for a number of months, seems to be less bullish one the $10.94 billion market cap company. The stock decreased 0.41% or $0.33 during the last trading session, reaching $80.83. About 1.69M shares traded. Lululemon Athletica Inc. (NASDAQ:LULU) has declined 19.33% since February 23, 2017 and is downtrending. It has underperformed by 36.03% the S&P500.

Community Trust & Investment Co increased its stake in Newell Brands Inc (NWL) by 31.82% based on its latest 2017Q3 regulatory filing with the SEC. Community Trust & Investment Co bought 122,816 shares as the company’s stock rose 13.21% with the market. The institutional investor held 508,737 shares of the plastic products company at the end of 2017Q3, valued at $21.71 million, up from 385,921 at the end of the previous reported quarter. Community Trust & Investment Co who had been investing in Newell Brands Inc for a number of months, seems to be bullish on the $13.09B market cap company. The stock decreased 0.45% or $0.12 during the last trading session, reaching $26.71. About 7.82 million shares traded. Newell Brands Inc. (NYSE:NWL) has risen 11.94% since February 23, 2017 and is uptrending. It has underperformed by 4.76% the S&P500.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.17, from 0.94 in 2017Q2. It improved, as 71 investors sold NWL shares while 188 reduced holdings. 70 funds opened positions while 217 raised stakes. 442.84 million shares or 0.35% more from 441.31 million shares in 2017Q2 were reported. First Corp In has 0.02% invested in Newell Brands Inc. (NYSE:NWL) for 600 shares. California Public Employees Retirement Systems accumulated 1.04M shares. Amica Retiree Med Tru reported 5,118 shares. Security accumulated 200 shares. Daiwa Securities Grp Inc Incorporated Inc holds 17,295 shares. Cap Intl Ca has invested 0.32% in Newell Brands Inc. (NYSE:NWL). Tributary Capital Limited Liability Corporation stated it has 49,800 shares. Martin Company Tn holds 1.33% in Newell Brands Inc. (NYSE:NWL) or 96,025 shares. Nationwide Fund stated it has 0.06% of its portfolio in Newell Brands Inc. (NYSE:NWL). Lord Abbett & Limited Company reported 4.19M shares or 0.52% of all its holdings. Quantres Asset Mgmt Limited has invested 1.68% in Newell Brands Inc. (NYSE:NWL). Palisade Capital Ltd Nj accumulated 236,799 shares. California-based L S Advsr has invested 0.21% in Newell Brands Inc. (NYSE:NWL). Walleye Trading Ltd Liability Corporation holds 0% or 20,857 shares. Boston Family Office holds 0.62% of its portfolio in Newell Brands Inc. (NYSE:NWL) for 128,180 shares.

Among 20 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 9 have Buy rating, 0 Sell and 11 Hold. Therefore 45% are positive. Newell Rubbermaid Inc. had 61 analyst reports since August 4, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of NWL in report on Thursday, September 21 with “Market Perform” rating. The stock has “Buy” rating by RBC Capital Markets on Thursday, June 8. The stock has “Hold” rating by J.P. Morgan on Thursday, November 2. The firm has “Buy” rating by RBC Capital Markets given on Friday, August 18. The firm has “Buy” rating by SunTrust given on Wednesday, October 18. The stock has “Hold” rating by Jefferies on Friday, November 3. The firm earned “Buy” rating on Monday, February 8 by Gabelli. JP Morgan downgraded the shares of NWL in report on Thursday, November 2 to “Neutral” rating. Morgan Stanley downgraded the shares of NWL in report on Thursday, January 25 to “Equal-Weight” rating. The firm has “Hold” rating given on Thursday, January 25 by BMO Capital Markets.

Community Trust & Investment Co, which manages about $931.42 million US Long portfolio, decreased its stake in Mohawk Industries Inc (NYSE:MHK) by 16,718 shares to 35,968 shares, valued at $8.90 million in 2017Q3, according to the filing. It also reduced its holding in Markel Corporation (NYSE:MKL) by 327 shares in the quarter, leaving it with 18,624 shares, and cut its stake in Wells Fargo & Co (NYSE:WFC).

Investors sentiment increased to 1.2 in Q3 2017. Its up 0.24, from 0.96 in 2017Q2. It improved, as 29 investors sold LULU shares while 89 reduced holdings. 54 funds opened positions while 88 raised stakes. 105.19 million shares or 0.45% more from 104.73 million shares in 2017Q2 were reported. Bluecrest Cap Management invested in 0.14% or 57,207 shares. First Mercantile Com reported 0.1% stake. Wellington Mngmt Grp Llp holds 0% or 86,082 shares in its portfolio. Asset Mngmt One Limited holds 0.02% or 167,645 shares. State Of New Jersey Common Pension Fund D stated it has 54,000 shares or 0.01% of all its holdings. Vident Advisory Lc has invested 0.03% in Lululemon Athletica Inc. (NASDAQ:LULU). Shell Asset Mgmt Commerce holds 0.01% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU) for 17,917 shares. Utah Retirement Systems holds 0.02% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU) for 17,768 shares. Alyeska Group L P, a Illinois-based fund reported 107,207 shares. Commonwealth Bancorporation Of Aus, Australia-based fund reported 100 shares. Neuberger Berman Group Limited Liability Company stated it has 0.03% in Lululemon Athletica Inc. (NASDAQ:LULU). Jpmorgan Chase And accumulated 1,511 shares. Patten & Patten Tn invested in 0.22% or 33,840 shares. Strs Ohio invested 0% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU). Envestnet Asset Mgmt Inc reported 0% in Lululemon Athletica Inc. (NASDAQ:LULU).

Among 40 analysts covering Lululemon Athletica Inc. (NASDAQ:LULU), 23 have Buy rating, 1 Sell and 16 Hold. Therefore 58% are positive. Lululemon Athletica Inc. had 180 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, April 12 by Stifel Nicolaus. UBS maintained Lululemon Athletica Inc. (NASDAQ:LULU) rating on Thursday, October 22. UBS has “Neutral” rating and $55 target. The rating was maintained by Bernstein with “Market Perform” on Monday, March 28. The firm earned “Buy” rating on Monday, November 13 by RBC Capital Markets. Susquehanna upgraded the stock to “Positive” rating in Tuesday, September 5 report. RBC Capital Markets maintained the stock with “Buy” rating in Monday, June 5 report. KeyBanc Capital Markets maintained the shares of LULU in report on Tuesday, August 2 with “Overweight” rating. The rating was maintained by Canaccord Genuity with “Hold” on Sunday, January 7. Credit Suisse upgraded the shares of LULU in report on Friday, October 16 to “Outperform” rating. As per Thursday, September 10, the company rating was maintained by Wolfe Research.

Telemus Capital Llc, which manages about $2.42B and $857.31 million US Long portfolio, upped its stake in Fortress Trans Infrst Invs L by 20,985 shares to 769,315 shares, valued at $13.88 million in 2017Q3, according to the filing. It also increased its holding in Brookfield Infrast Partners (NYSE:BIP) by 15,000 shares in the quarter, for a total of 25,000 shares, and has risen its stake in Blackstone Group LP (NYSE:BX).

Analysts await Lululemon Athletica Inc. (NASDAQ:LULU) to report earnings on April, 4. They expect $1.27 EPS, up 27.00% or $0.27 from last year’s $1 per share. LULU’s profit will be $171.94M for 15.91 P/E if the $1.27 EPS becomes a reality. After $0.56 actual EPS reported by Lululemon Athletica Inc. for the previous quarter, Wall Street now forecasts 126.79% EPS growth.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>