Salient Capital Advisors Has Lowered Its Oneok Partners LP (OKS) Position, Lululemon Athletica (LULU) SI Decreased By 7.29%

June 20, 2017 - By Hazel Jackson

Lululemon Athletica Incorporated (NASDAQ:LULU) had a decrease of 7.29% in short interest. LULU’s SI was 7.90M shares in June as released by FINRA. Its down 7.29% from 8.52 million shares previously. With 2.73M avg volume, 3 days are for Lululemon Athletica Incorporated (NASDAQ:LULU)’s short sellers to cover LULU’s short positions. The SI to Lululemon Athletica Incorporated’s float is 7.39%. About 383,765 shares traded. Lululemon Athletica inc. (NASDAQ:LULU) has declined 19.33% since June 20, 2016 and is downtrending. It has underperformed by 36.03% the S&P500.

Salient Capital Advisors Llc decreased Oneok Partners Lp (OKS) stake by 63.06% reported in 2016Q4 SEC filing. Salient Capital Advisors Llc sold 10,439 shares as Oneok Partners Lp (OKS)’s stock declined 3.19%. The Salient Capital Advisors Llc holds 6,114 shares with $263,000 value, down from 16,553 last quarter. Oneok Partners Lp now has $13.20 billion valuation. The stock declined 4.55% or $2.24 reaching $46.99 per share. About 295,847 shares traded. Oneok Partners LP (NYSE:OKS) has risen 31.80% since June 20, 2016 and is uptrending. It has outperformed by 15.10% the S&P500.

Salient Capital Advisors Llc increased Nike Inc (NYSE:NKE) stake by 9,395 shares to 15,828 valued at $805,000 in 2016Q4. It also upped Apple Inc (NASDAQ:AAPL) stake by 7,924 shares and now owns 101,581 shares. Emerson Elec Co (NYSE:EMR) was raised too.

Analysts await Oneok Partners LP (NYSE:OKS) to report earnings on August, 1. They expect $0.59 EPS, up 9.26% or $0.05 from last year’s $0.54 per share. OKS’s profit will be $165.74 million for 19.91 P/E if the $0.59 EPS becomes a reality. After $0.57 actual EPS reported by Oneok Partners LP for the previous quarter, Wall Street now forecasts 3.51% EPS growth.

Among 14 analysts covering Oneok Partners (NYSE:OKS), 2 have Buy rating, 0 Sell and 12 Hold. Therefore 14% are positive. Oneok Partners had 35 analyst reports since August 6, 2015 according to SRatingsIntel. Credit Suisse upgraded Oneok Partners LP (NYSE:OKS) rating on Monday, August 10. Credit Suisse has “Neutral” rating and $45 target. On Wednesday, December 16 the stock rating was maintained by Barclays Capital with “Equal Weight”. The rating was upgraded by Stifel Nicolaus to “Buy” on Wednesday, September 14. The firm has “Outperform” rating by Credit Suisse given on Thursday, February 2. The stock of Oneok Partners LP (NYSE:OKS) earned “Perform” rating by Oppenheimer on Friday, January 22. The stock of Oneok Partners LP (NYSE:OKS) has “Buy” rating given on Tuesday, April 19 by Citigroup. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, February 2. On Wednesday, May 4 the stock rating was upgraded by Piper Jaffray to “Overweight”. The stock has “Neutral” rating by JP Morgan on Tuesday, September 6. The stock of Oneok Partners LP (NYSE:OKS) has “Hold” rating given on Monday, October 10 by Deutsche Bank.

Investors sentiment decreased to 0.91 in 2016 Q4. Its down 0.12, from 1.03 in 2016Q3. It dived, as 51 investors sold Lululemon Athletica inc. shares while 108 reduced holdings. 48 funds opened positions while 97 raised stakes. 114.20 million shares or 6.39% less from 121.99 million shares in 2016Q3 were reported. Janus Mngmt Ltd Company invested in 0.04% or 669,947 shares. Asset Mngmt One Limited has 189,647 shares for 0.03% of their portfolio. Lone Pine Cap Limited Liability Com accumulated 1.53% or 4.50 million shares. Andra Ap invested in 16,400 shares. Gilder Gagnon Howe Com Ltd Liability reported 1,040 shares. Legal & General Group Public Limited Com owns 404,792 shares for 0.02% of their portfolio. Raymond James invested 0% of its portfolio in Lululemon Athletica inc. (NASDAQ:LULU). Chicago Equity has 7,710 shares. 42,877 are owned by Fred Alger Management. Everett Harris & Ca accumulated 14,555 shares. 350,103 were accumulated by Ameriprise Fin. Friess Assocs Lc stated it has 285,984 shares or 1.82% of all its holdings. 1,813 are owned by Global X Ltd Liability. Jw Asset Mngmt Lc invested 0.43% in Lululemon Athletica inc. (NASDAQ:LULU). Prelude Cap Limited Co holds 3,400 shares.

Among 35 analysts covering Lululemon Athletica Inc. (NASDAQ:LULU), 17 have Buy rating, 2 Sell and 16 Hold. Therefore 49% are positive. Lululemon Athletica Inc. had 105 analyst reports since August 18, 2015 according to SRatingsIntel. The company was maintained on Thursday, March 31 by Nomura. The stock of Lululemon Athletica inc. (NASDAQ:LULU) earned “Outperform” rating by Wedbush on Wednesday, January 13. As per Thursday, December 10, the company rating was maintained by RBC Capital Markets. On Wednesday, December 9 the stock rating was maintained by Mizuho with “Neutral”. As per Thursday, February 4, the company rating was maintained by Wedbush. The stock of Lululemon Athletica inc. (NASDAQ:LULU) earned “Outperform” rating by Oppenheimer on Thursday, November 19. The firm has “Neutral” rating by Goldman Sachs given on Thursday, February 2. The rating was maintained by UBS with “Neutral” on Thursday, March 31. The stock of Lululemon Athletica inc. (NASDAQ:LULU) earned “Buy” rating by Nomura on Thursday, March 30. Cowen & Co maintained the shares of LULU in report on Friday, September 11 with “Outperform” rating.

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The company has market cap of $7.40 billion. The Firm operates through two divisions: Company-operated stores and Direct to consumer. It has a 25.28 P/E ratio. 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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