Lowe’s Companies, Inc. (NYSE:LOW) Holdings Cut by Baugh & Associates LLC

Baugh & Associates LLC trimmed its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOWFree Report) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,181 shares of the home improvement retailer’s stock after selling 217 shares during the quarter. Lowe’s Companies makes up approximately 4.8% of Baugh & Associates LLC’s investment portfolio, making the stock its 4th biggest holding. Baugh & Associates LLC’s holdings in Lowe’s Companies were worth $8,275,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of LOW. Hamilton Capital LLC raised its stake in shares of Lowe’s Companies by 2.1% during the 3rd quarter. Hamilton Capital LLC now owns 2,439 shares of the home improvement retailer’s stock worth $507,000 after buying an additional 49 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Lowe’s Companies by 6.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 884 shares of the home improvement retailer’s stock valued at $200,000 after purchasing an additional 50 shares during the last quarter. Strategy Asset Managers LLC raised its stake in Lowe’s Companies by 3.4% in the 2nd quarter. Strategy Asset Managers LLC now owns 1,553 shares of the home improvement retailer’s stock valued at $351,000 after purchasing an additional 51 shares during the last quarter. Aprio Wealth Management LLC raised its stake in Lowe’s Companies by 4.3% in the 3rd quarter. Aprio Wealth Management LLC now owns 1,244 shares of the home improvement retailer’s stock valued at $259,000 after purchasing an additional 51 shares during the last quarter. Finally, Mather Group LLC. raised its stake in Lowe’s Companies by 2.8% in the 1st quarter. Mather Group LLC. now owns 1,939 shares of the home improvement retailer’s stock valued at $392,000 after purchasing an additional 52 shares during the last quarter. 71.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on LOW shares. The Goldman Sachs Group lifted their price target on Lowe’s Companies from $238.00 to $262.00 and gave the company a “buy” rating in a report on Tuesday, February 13th. UBS Group lifted their price target on Lowe’s Companies from $250.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, February 28th. Morgan Stanley lifted their price target on Lowe’s Companies from $240.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, February 28th. Robert W. Baird upgraded Lowe’s Companies from an “average” rating to an “outperform” rating and set a $250.00 target price for the company in a report on Wednesday, February 14th. Finally, StockNews.com cut Lowe’s Companies from a “buy” rating to a “hold” rating in a report on Wednesday, February 28th. Twelve analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $248.12.

Get Our Latest Stock Analysis on LOW

Lowe’s Companies Stock Performance

Shares of NYSE LOW opened at $248.06 on Wednesday. The firm has a market cap of $142.66 billion, a price-to-earnings ratio of 18.85, a P/E/G ratio of 1.80 and a beta of 1.13. The business’s 50-day simple moving average is $227.91 and its 200-day simple moving average is $214.88. Lowe’s Companies, Inc. has a 52 week low of $181.85 and a 52 week high of $248.55.

Lowe’s Companies (NYSE:LOWGet Free Report) last released its earnings results on Tuesday, February 27th. The home improvement retailer reported $1.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.09. The firm had revenue of $18.60 billion for the quarter, compared to analyst estimates of $18.47 billion. Lowe’s Companies had a negative return on equity of 51.42% and a net margin of 8.94%. The company’s revenue was down 17.1% on a year-over-year basis. During the same quarter last year, the firm posted $2.28 EPS. As a group, equities research analysts forecast that Lowe’s Companies, Inc. will post 12.21 earnings per share for the current year.

Lowe’s Companies Company Profile

(Free Report)

Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

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Institutional Ownership by Quarter for Lowe's Companies (NYSE:LOW)

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