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flag 85.20% of Lululemon's stock owned by institutional investors; Q4 EPS at $5.29, surpassing estimates.

flag Institutional investors have increased their stakes in Lululemon Athletica (LULU) significantly, with 85.20% of the company's stock now owned by institutional investors. flag Lululemon reported Q4 EPS of $5.29, surpassing analyst estimates of $5.00. flag Analysts at Wedbush lowered their price target to $492, while Bank of America raised its target to $520. flag Lululemon's Board of Directors initiated a share buyback plan, purchasing up to 1.7% of its shares.

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