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Diamond Hill Capital Management increases stake in Lululemon to $370M, amid growing investor interest.
Diamond Hill Capital Management Inc. has bought more shares in Lululemon Athletica Inc., increasing its stake and now holding about $370 million worth of the company's stock.
This move follows positive analyst ratings, with Lululemon having a "Moderate Buy" consensus and a price target of $399.14.
Other firms like Johnson Investment Counsel and Aurora Investment Counsel have also recently bought into Lululemon, showing growing investor interest.
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Diamond Hill Capital Management aumenta la participación en Lululemon a $370M, en medio del creciente interés de los inversores.