Pro-Lowes Companies Inc Big Money Sentiment Runs Low in 2018 Q1, Currently at 0.81

June 27, 2018 - By Anthony Rauscher

Lowe's Companies, Inc. (NYSE:LOW) Corporate Logo

Lowes Companies Inc’s Sentiment

“Big money sentiment for Lowes Companies Inc (NYSE:LOW) in Q1 2018 decreased to 0.81, SEC.gov filings reveal. That’s down -0.20, from 2017Q4’s 1.01. 447 investment professionals increased and started new equity positions, while 554 decreased and sold holdings in Lowes Companies Inc so the sentiment worsened. These funds own 587.47 million shares, that’s up from 585.84 million shares in 2017Q4. Funds holding Lowes Companies Inc in top 10 changed to 45 from 50 for a decrease of 5. In total 72 funds closed positions, 482 reduced and 331 increased. Also 116 funds bought new Lowes Companies Inc stakes.

Most Lowes Companies Inc Shareholders

As of Q1 2018 Ironsides Asset Advisors Llc has 35.08% invested in Lowes Companies Inc. As of Q1 2018, 153,600 shares of Lowes Companies Inc are owned by Icm Asset Management Inc Wa. Furthermore, Gruss Capital Management Lp reported 875,000 shares in Lowes Companies Inc equivalent to 7.66% of its equity exposure. Sachem Head Capital Management Lp revealed 2.53 million shares position in Lowes Companies Inc. The Australia-based fund Clenar Muke Llc looks positive on Lowes Companies Inc, having 20.15 million shares.

LoweÂ’s Companies, Inc. operates as a home improvement firm in the United States, Canada, and Mexico.The company has $79.23 billion market cap. It offers a line of products for maintenance, repair, remodeling, and decorating.The P/E ratio is 21.15. The firm provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal living, lawn and garden, paint, millwork, flooring, kitchens, outdoor power equipment, and home fashions.

LOW touched $97.08 during the last trading session after $0.23 change.Lowe's Companies, Inc. has volume of 3.35M shares. Since June 27, 2017 LOW has risen 18.89% and is uptrending. The stock outperformed the S&P500 by 6.32%.

On August, 22 WallStreet awaited Lowe's Companies, Inc. (NYSE:LOW)’s earnings report, Zacks reports. Analysts expect change of 28.03 % or $0.44 from previous year’s $1.57 earnings per share compared to current’s $2.01 earnings per share. LOW’s profit could be $1.64B with 12.07 P/E in case $2.01 earnings per share is revealed. Analysts at Wall Street see Lowe's Companies, Inc.’s 68.91 % EPS growth compared to $1.19 earnings per share for last quarter.

First Bankshares Trust Of Newtown holds 3,412 shs or 0.08% of its capital. Prudential Financial Inc reported 945,909 shs. Cullen Frost Bankers, a Texas-based fund reported 326,100 shs. Kynikos L P holds 16,410 shs or 0.86% of its capital. Hall Laurie J Trustee reported 1,100 shs. Benjamin F Edwards Co Inc stated it has 0.45% in Lowe's Companies, Inc. (NYSE:LOW). Fagan Associates stated it has 63,643 shs. Amica Mutual Ins Company invested in 0.43% or 38,834 shs. Verity Verity Ltd Liability Corp owns 56,802 shs or 1.34% of their US capital. D E Shaw Company has invested 1.03% in Lowe's Companies, Inc. (NYSE:LOW). 4,569 were reported by Parthenon Ltd Llc. Kcm Invest Advsrs Ltd Liability accumulated 51,362 shs or 0.27% of the stock. Eaton Vance has invested 0.22% in Lowe's Companies, Inc. (NYSE:LOW). Avalon Advsrs Lc has 0.01% invested in Lowe's Companies, Inc. (NYSE:LOW). Everett Harris Ca invested in 3,495 shs.

Lowe's Companies, Inc. registered $1.23 million net activity with 0 buys and 1 insider sale since June 8, 2018.

Lowe's Companies, Inc. (NYSE:LOW) Ratings Coverage

In total 21 analysts cover Lowe’s (NYSE:LOW). “Buy” rating has 15, “Sell” are 0, while 6 are “Hold”. 71% are bullish. With $127 highest and $80.0 lowest target price Lowe’s has $106.84 average target price or 10.05% above the current ($97.08) price. 28 are the (NYSE:LOW)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Tuesday, March 6 the stock has “Neutral” rating by JP Morgan. The company rating was maintained by UBS on Friday, January 19. On Tuesday, May 22 Robert W. Baird maintained Lowe's Companies, Inc. (NYSE:LOW) rating. Robert W. Baird has “Buy” rating and $11000 target. On Tuesday, January 16 the stock has “Buy” rating by Credit Suisse. On Friday, January 26 UBS maintained Lowe's Companies, Inc. (NYSE:LOW) rating. UBS has “Buy” rating and $120.0 target. On Friday, January 5 Barclays Capital upgraded Lowe's Companies, Inc. (NYSE:LOW) to “Buy” rating. On Monday, March 5 the rating was maintained by Credit Suisse with “Buy”. The company rating was maintained by Robert W. Baird on Wednesday, January 24. On Wednesday, February 28 the rating was maintained by Piper Jaffray with “Hold”. On Wednesday, January 24 the firm earned “Buy” rating by Stifel Nicolaus.

More recent Lowe's Companies, Inc. (NYSE:LOW) news were published by Fool.com, Fool.com and Fool.com. The first one has “Lowe’s Springs Into Action” as a title and was published on June 06, 2018. The next is “What Lowe’s Wants You to Know About Its Latest Results” on May 31, 2018. And last was published on June 17, 2018, called “Better Buy: Home Depot vs. Lowe’s”.

Lowe's Companies, Inc. (NYSE:LOW) Institutional Investors Chart

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