Middleton & Co INC Has Cut Holding in Lowes Cos INC (LOW) by $4.88 Million

March 18, 2018 - By Ellis Scott

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.01, from 1.03 in 2017Q2. It is positive, as 76 investors sold LOW shares while 406 reduced holdings. 115 funds opened positions while 384 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. Chevy Chase Tru Holdings accumulated 742,486 shares. Richard C Young And Limited reported 1.32% stake. Amf Pensionsforsakring has 1.24M shares for 1.09% of their portfolio. Boothbay Fund Limited holds 0.08% in Lowe's Companies, Inc. (NYSE:LOW) or 5,690 shares. M&T Savings Bank, a New York-based fund reported 597,670 shares. Greylin Invest Mangement holds 0.43% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 23,254 shares. Segall Bryant And Hamill Ltd Liability invested in 0.08% or 44,039 shares. Farr Miller And Washington Ltd Liability Co Dc has 3% invested in Lowe's Companies, Inc. (NYSE:LOW). Comerica Incorporated accumulated 5,673 shares or 0.06% of the stock. Greenleaf Trust invested 0.01% in Lowe's Companies, Inc. (NYSE:LOW). Engineers Gate Manager Lp holds 38,177 shares. Archon Ptnrs Llc reported 134,500 shares. Arizona State Retirement System owns 220,873 shares. Beaumont Fincl Ptnrs Lc owns 134,667 shares. Third Avenue Mgmt Ltd Limited Liability Company accumulated 475,611 shares.

Since September 19, 2017, it had 0 insider buys, and 1 sale for $614,857 activity. Ramsay Paul D sold $163,675 worth of Lowe's Companies, Inc. (NYSE:LOW) on Tuesday, September 19.

Middleton & Co Inc decreased its stake in Lowes Cos Inc (LOW) by 48.96% based on its latest 2017Q3 regulatory filing with the SEC. Middleton & Co Inc sold 61,716 shares as the company’s stock rose 10.23% with the market. The institutional investor held 64,333 shares of the consumer services company at the end of 2017Q3, valued at $5.14M, down from 126,049 at the end of the previous reported quarter. Middleton & Co Inc who had been investing in Lowes Cos Inc for a number of months, seems to be less bullish one the $72.21 billion market cap company. The stock increased 1.71% or $1.46 during the last trading session, reaching $87. About 8.77 million shares traded or 29.67% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since March 18, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on May, 23. They expect $1.30 EPS, up 26.21 % or $0.27 from last year’s $1.03 per share. LOW’s profit will be $1.08 billion for 16.73 P/E if the $1.30 EPS becomes a reality. After $0.74 actual EPS reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts 75.68 % EPS growth.

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

Among 35 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 22 have Buy rating, 0 Sell and 13 Hold. Therefore 63% are positive. Lowe’s Companies Inc. had 97 analyst reports since August 19, 2015 according to SRatingsIntel. Robert W. Baird maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Wednesday, November 22. Robert W. Baird has “Buy” rating and $92.0 target. Argus Research maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Thursday, August 20. Argus Research has “Buy” rating and $84 target. The rating was maintained by JP Morgan with “Neutral” on Tuesday, March 6. The rating was maintained by Longbow with “Buy” on Friday, August 14. The rating was maintained by RBC Capital Markets on Thursday, December 8 with “Outperform”. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Underperform” rating by Bernstein on Monday, February 6. Cantor Fitzgerald maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Wednesday, August 19. Cantor Fitzgerald has “Hold” rating and $69 target. The stock has “Market Perform” rating by BMO Capital Markets on Friday, March 2. Piper Jaffray maintained Lowe's Companies, Inc. (NYSE:LOW) on Wednesday, February 28 with “Hold” rating. RBC Capital Markets maintained the shares of LOW in report on Wednesday, November 22 with “Buy” rating.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.