Lowe's Companies, Inc. (LOW) Shares Bought by Kistler Tiffany Companies LLC

Kistler Tiffany Companies LLC raised its position in shares of Lowe's Companies, Inc. (NYSE:LOW) by 39.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,560 shares of the home improvement retailer’s stock after purchasing an additional 1,008 shares during the period. Kistler Tiffany Companies LLC’s holdings in Lowe's Companies were worth $331,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LOW. Alps Advisors Inc. raised its position in shares of Lowe's Companies by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 5,844 shares of the home improvement retailer’s stock worth $453,000 after acquiring an additional 15 shares in the last quarter. Bank of Stockton raised its position in shares of Lowe's Companies by 0.6% in the 2nd quarter. Bank of Stockton now owns 4,670 shares of the home improvement retailer’s stock worth $362,000 after acquiring an additional 30 shares in the last quarter. Brave Asset Management Inc. raised its position in shares of Lowe's Companies by 1.5% in the 2nd quarter. Brave Asset Management Inc. now owns 2,927 shares of the home improvement retailer’s stock worth $227,000 after acquiring an additional 42 shares in the last quarter. CHICAGO TRUST Co NA raised its position in shares of Lowe's Companies by 1.3% in the 2nd quarter. CHICAGO TRUST Co NA now owns 3,606 shares of the home improvement retailer’s stock worth $280,000 after acquiring an additional 46 shares in the last quarter. Finally, Allegis Investment Advisors LLC raised its position in shares of Lowe's Companies by 0.6% in the 2nd quarter. Allegis Investment Advisors LLC now owns 10,176 shares of the home improvement retailer’s stock worth $789,000 after acquiring an additional 65 shares in the last quarter. 73.13% of the stock is owned by institutional investors and hedge funds.

Shares of Lowe's Companies, Inc. (LOW) opened at $101.68 on Thursday. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.12 and a current ratio of 1.02. The firm has a market capitalization of $84,370.00, a PE ratio of 24.44, a price-to-earnings-growth ratio of 1.51 and a beta of 1.14. Lowe's Companies, Inc. has a one year low of $70.76 and a one year high of $105.60.

Lowe's Companies (NYSE:LOW) last posted its quarterly earnings results on Tuesday, November 21st. The home improvement retailer reported $1.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.03. The business had revenue of $16.77 billion for the quarter, compared to the consensus estimate of $16.59 billion. Lowe's Companies had a return on equity of 66.27% and a net margin of 5.16%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.88 EPS. equities research analysts forecast that Lowe's Companies, Inc. will post 4.52 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 7th. Shareholders of record on Wednesday, January 24th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Tuesday, January 23rd. This represents a $1.64 annualized dividend and a yield of 1.61%. Lowe's Companies’s payout ratio is presently 39.42%.

Several research analysts have recently commented on the company. Atlantic Securities lowered Lowe's Companies from an “overweight” rating to a “neutral” rating and set a $92.00 price target for the company. in a research report on Tuesday, November 28th. Credit Suisse Group set a $116.00 price target on Lowe's Companies and gave the stock a “buy” rating in a research report on Tuesday. Piper Jaffray Companies reissued a “hold” rating and issued a $82.00 price target on shares of Lowe's Companies in a research report on Friday, November 24th. Stifel Nicolaus reissued a “buy” rating and issued a $103.00 price target on shares of Lowe's Companies in a research report on Friday, December 22nd. Finally, Barclays raised Lowe's Companies from an “equal weight” rating to an “overweight” rating in a research report on Friday, January 5th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and twenty have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $89.59.

In other Lowe's Companies news, insider Nelson B. Peace sold 3,352 shares of the business’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $80.20, for a total transaction of $268,830.40. Following the sale, the insider now owns 4,650 shares in the company, valued at approximately $372,930. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.11% of the stock is currently owned by insiders.

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Lowe's Companies Profile

Lowe’s Companies, Inc (Lowe’s) is a home improvement company. The Company operates approximately 2,370 home improvement and hardware stores. The Company offers a range of products for maintenance, repair, remodeling and decorating. The Company offers home improvement products in categories, including Lumber and Building Materials; Tools and Hardware; Appliances; Fashion Fixtures; Rough Plumbing and Electrical; Lawn and Garden; Seasonal and Outdoor Living; Paint; Flooring; Millwork, and Kitchens.

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

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