Coho Partners LTD Increases Holding in Lowe's Companies INC (LOW)

Lloyd Doyle
March 13, 2018

About 127,567 shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since March 11, 2017 and is downtrending. It has underperformed by 18.10% the S&P500.

Monetary Management Group Inc increased its stake in Lowes Companies (LOW) by 83.16% based on its latest 2017Q3 regulatory filing with the SEC. Taylor Hoffman Wealth Management bought a new position in shares of Lowe's Companies during the fourth quarter valued at approximately $198,000. The institutional investor held 123,689 shares of the consumer services company at the end of 2017Q3, valued at $9.89 million, up from 111,107 at the end of the previous reported quarter. Fca Corp who had been investing in Lowe S Companies Inc for a number of months, seems to be less bullish one the $72.44B market cap company. The stock increased 1.30% or $1.12 during the last trading session, reaching $87.28. Raymond James & Associates sold 66,495 shares as the company's stock declined 8.36% while stock markets rallied. Lowe's Companies has a one year low of $70.76 and a one year high of $108.98. It has underperformed by 10.78% the S&P500. The firm has "Hold" rating given on Friday, November 10 by Jefferies. Therefore 32% are positive.

LOW has been the subject of a number of research reports. (NYSE:LOW) rating on Wednesday, August 19. The rating was maintained by S&P Research on Wednesday, August 19 with "Hold". ING Group downgraded the shares of AEG in report on Thursday, December 1 to "Hold" rating. Cowen & Co maintained NIKE, Inc. The rating was upgraded by Citigroup on Friday, May 20 to "Buy". The rating was maintained by Seaport Global on Thursday, February 22 with "Buy". It also reduced its holding in Mcdonalds Corp (NYSE:MCD) by 21,224 shares in the quarter, leaving it with 3,300 shares, and cut its stake in Intuitive Surgical Inc (NASDAQ:ISRG).

Investors sentiment decreased to 1.01 in Q3 2017. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.06 and a quick ratio of 0.11. The company had a trading volume of 3,088,837 shares, compared to its average volume of 7,113,138. 78 funds opened positions while 358 raised stakes. Rech Glob Invsts invested in 0% or 200,000 shares. (NYSE:LOW). Van Eck Associates Corporation stated it has 440,957 shares.

TRADEMARK VIOLATION NOTICE: "Loop Capital Initiates Coverage on Lowe's Companies (LOW)" was originally posted by and is the property of of Abner Herrman And Brock Lc owns 4,666 shares for 0.04% of their portfolio. Cleararc Cap holds 0.26% or 21,701 shares in its portfolio. Suncoast Equity Mgmt reported 178,096 shares stake. Ifc Incorporated Fl stated it has 7,343 shares. Howe Rusling accumulated 0% or 235 shares. Amp Cap Ltd holds 836,917 shares. (NYSE:LOW). Fuller Thaler Asset Management Inc owns 9,300 shares or 0.01% of their U.S. portfolio. Susquehanna Group Ltd Liability Partnership holds 0% or 16,524 shares.

Analysts await Autoliv, Inc. (NYSE:KMG) to report earnings on March, 12. The home improvement retailer reported $0.74 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.13). KMG's profit will be $11.07M for 24.32 P/E if the $0.72 EPS becomes a reality. (ONCE) price hitting a mean target of $68.45 a share, meaning the stock still has potential that could lift the price another 11.16% Also, the recent close suggests the stock is underpriced by 65.64% compared to the most bullish target.

Since September 19, 2017, it had 0 buys, and 2 selling transactions for $778,532 activity. The insider Ramsay Paul D sold 2,098 shares worth $163,675.

Investors sentiment decreased to 0.69 in Q3 2017. Its up 0.22, from 0.9 in 2017Q2. 115 funds opened positions while 384 raised stakes. The institutional investor owned 29,036 shares of the home improvement retailer's stock after purchasing an additional 5,019 shares during the quarter. Natl Bank Of Ny Mellon invested in 22,955 shares. 7,151 are owned by Ballentine Ptnrs Lc. Lowe's Companies comprises about 0.9% of Burney Co.'s holdings, making the stock its 27th largest holding. Gsa Llp holds 0.05% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Atria Invests Llc reported 20,677 shares. Hl Fincl Serv Limited Co owns 28,940 shares. Laurion Capital Mngmt LP stated it has 0.04% in Lowe's Companies, Inc. (NYSE:LOW). Sg Americas Securities Ltd Com accumulated 51,506 shares. (NYSE:LOW) or 2,098 shares. Chemical Bank increased its stake in shares of Lowe's Companies by 0.8% in the second quarter. (NYSE:LOW). British Columbia Investment Mgmt reported 561,196 shares stake. Park National Corp Oh reported 0.06% stake. Moreover, Schwartz Inv Counsel has 2.9% invested in Lowe's Companies, Inc. During the same quarter in the prior year, the business posted $0.86 earnings per share. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-two have assigned a buy rating to the stock. Therefore 63% are positive. Credit Suisse maintained the stock with "Buy" rating in Monday, March 5 report. The firm has "Outperform" rating given on Wednesday, January 24 by Robert W. Baird. Goldman Sachs maintained Lowe's Companies, Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. The rating was upgraded by JP Morgan on Monday, June 26 to "Overweight". Telsey Advisory Group downgraded Lowe's Companies, Inc. (NYSE:LOW) or 2,098 shares. The company has a consensus rating of Buy and a consensus price target of $97.93. (NYSE:NKE) has "Outperform" rating given on Tuesday, September 22 by Telsey Advisory Group. Royal Bank of Canada boosted their price target on shares of Lowe's Companies from $84.00 to $89.00 and gave the stock an "outperform" rating in a report on Wednesday, November 22nd. PiperJaffray downgraded the stock to "Neutral" rating in Monday, October 31 report. The stock of KMG Chemicals, Inc. Stifel Nicolaus now has a $105.00 price target on the home improvement retailer's stock. UBS maintained it with "Buy" rating and $120.0 target in Friday, January 26 report.

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