Lowe's Companies, Inc.'s (LOW): Investors Recap

Andrew Cummings
August 30, 2016

Lowe's Companies makes up approx 0.27% of Ancora Inverness's portfolio.Tokio Marine Asset Management Co Ltd reduced its stake in LOW by selling 8,936 shares or 5.43% in the most recent quarter. They now have a $94.00 price objective on the home improvement retailer's stock.

At the recent close, Viacom, Inc.

Other hedge funds have modified their holdings of the company. Aviva PLC owned 0.07% of Lowe's Cos. worth $50,027,000 at the end of the most recent reporting period. During its last trading session, Stock traded with the total exchanged volume of 4.51 million shares. ICM Asset Management Inc. Geode Capital Management LLC boosted its stake in Lowe's Cos.by 5.2% in the first quarter. The stock established a negative trend of -2.75% in last week and indicated fall of -11.27% in previous month. Sequoia Financial Advisors LLC now owns 2,984 shares of the home improvement retailer's stock valued at $236,000 after buying an additional 34 shares during the last quarter. Gratus Capital added LOW to its portfolio by purchasing 48,201 company shares during the most recent quarter which is valued at $3,953,446. The stock is a Buy among 20 brokerage firms polled by Factset Research. TIAA CREF Investment Management LLC boosted its stake in Lowe's Cos.by 8.3% in the first quarter.

With that in mind Lowe's Cos. The Low projection of Price Target by the analysts stands at $76 while the High projection stands at $100. The difference between Actual EPS and Estimated EPS was $0.06/share. They now have a $94.00 target price on the home improvement retailer's stock. (NYSE: LOW) now has a 50-day MA is $80.48 and 200-day MA is $76.83, and it has traded in a 52-week range between $62.62 - 83.65 and today's last price is -7.73 percent off the 52 week high.

Lowe's Cos. (NYSE:LOW) last released its quarterly earnings data on Wednesday, August 17th. The home improvement retailer reported $1.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.41 by $0.04. The company had revenue of $18260.00 million for the quarter, compared to analysts expectations of $18420.50 million. Maltsbarger Richard D offloaded 12,656 shares in the company at a per-share price of $80.24 and ended up generating $1,015,520 in proceeds.

The Company has received different ratings from analysts.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 2nd. Investors of record on Wednesday, October 19th will be given a $0.35 dividend. The firm has price to earnings growth of 1.52, which is a valuation metric for determining relative trade-off among price of a stock. The ex-dividend date is Monday, October 17th.

Several other analysts have also issued reports on the company. Robert W. Baird reissued a buy rating on shares of Lowe's Cos.in a report on Monday, May 16th. Lowe's Companies makes up approx 0.21% of Blackrock Fund Advisors's portfolio.

Lowe's Companies (NYSE:LOW) announced the earnings results for Fiscal Year 2016 and Q2. In the research note, the firm Raises the price-target to $83.00 per share. The stock has been given a mean "OVERWEIGHT" rating after the consensus analysis of "29" Analysts.

14 number of analysts provided their estimates on Newell Brands Inc., where the Average Price Target for the stock is $59.57. The company traded 4.54 million shares versus it average capacity of 4.89 million shares. AMZN's institutional ownership was registered as 66.50% while insider ownership was 17.10%. The Company operates approximately 1,860 home improvement and hardware stores, representing approximately 200 million square feet of retail selling space.

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