Lowe's Companies, Inc. (LOW) Upgraded to "Hold" at Zacks Investment Research

Lloyd Doyle
September 23, 2017

Jaffetilchin Investment Partners Llc, which manages about $401.38M and $295.56 million US Long portfolio, decreased its stake in Nvidia Corp (NASDAQ:NVDA) by 4,694 shares to 3,989 shares, valued at $577,000 in 2017Q2, according to the filing. It also remains well positioned to reap the benefits of strategic acquisitions done earlier. "However, analysts pointed that stiff competition and cannibalization still remain matters of concern".

Lowe's Companies, Inc. (NYSE:LOW) has a 20-day RSI of 54.30%.

Many research analysts published research study on LOW.

Yet another important factor while evaluating a good buy/sell decision for Lowe's Companies, Inc. Lowe's Companies, Inc. (LOW) received active focus from Investors and it has been traded on front line. Westpac holds 0% of its portfolio in Lowe's Companies, Inc. BMO Capital Markets restated a "buy" rating and issued a $89.00 price target on shares of Lowe's Companies in a research report on Thursday, July 20th. The rating was initiated by Topeka Capital Markets with "Hold" on Tuesday, May 24. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have given a buy rating to the company. (The) decreased their price target on shares of Lowe's Companies from $97.00 to $96.00 and set a "buy" rating for the company in a report on Thursday, May 25th. Considering that the stock daily volume of 6.19 million shares, this represents a pretty noteworthy trading in volume size in recent session. About 788,955 shares traded. The stock has a market cap of $65.27 billion, a price-to-earnings ratio of 22.25 and a beta of 1.07. Lowe's Companies, Inc. has a 52-week low of $64.87 and a 52-week high of $86.25. The company's quarterly EPS surprised Wall Street by as much as -3% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. The dividend payment will be $0.410 per share for the quarter which comes to $1.64 on an annualized basis. Hanson McClain Inc. boosted its holdings in Lowe's Companies by 3.5% in the first quarter. This works out to an increase of 13.03% compared to last year's earnings. During the same quarter in the prior year, the business earned $1.37 earnings per share. Bridges Invest Counsel holds 0.49% of its portfolio in Lowe's Companies, Inc. Creative Planning grew its position in Lowe's Companies by 0.5% in the 2nd quarter. Susquehanna Intl Group Limited Liability Partnership invested in 209,908 shares or 0.01% of the stock. The ex-dividend date of this dividend is Monday, April 24th. RBC Capital Markets maintained Lowe's Companies, Inc. Shares for $1.83 million were sold by Ramsay Paul D.


The stock being overvalued and undervalued sometimes depends upon the market situation as well. It also reduced Norfolk Southern Corp Com (NYSE:NSC) stake by 2,995 shares and now owns 52,022 shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The stock was sold at an average price of $78.02, for a total value of $163,685.96. After this trade, the executive has an ownership of 8,400 stocks in the company, assessed at roughly $655,368. The disclosure for this sale can be found here. Patters in insider activity can help analysts formulate an outlook for a stock. This means that the stock's daily price swings have been less extreme in recent times compared to the past. (NYSE:LOW) shares were sold by Maltsbarger Richard D. First Bank & Trust now owns 1,421 shares of the home improvement retailer's stock worth $117,000 after buying an additional 147 shares during the last quarter. Harbour Capital Advisors LLC purchased a new stake in Lowe's Companies in the first quarter worth $103,000.

Among 26 analysts covering Lowe's Companies Inc. First Personal Financial Services now owns 8,067 shares of the home improvement retailer's stock valued at $663,000 after acquiring an additional 21 shares in the last quarter.

Many other hedge fund investors and investment firms lately purchased or disposed their positions in the share.

Insider Trades for Lowe's Companies, Inc. show that the latest trade was made on 14 Sep 2017 where McDermott (Michael P), the Officer completed a transaction type "Sell" in which 2880 shares were traded at a price of $77.99. The corporation operates roughly 2,370 home improvement and hardware stores. The Company operates approximately 1,800 stores located across over 50 states in the United States, including approximately 80 Orchard Supply Hardware (Orchard) stores in California and OR, as well as approximately 40 stores in Canada and over 10 stores in Mexico.

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