Lowe's Companies (LOW) : Compton Capital Management Inc Ri reduced its stake in Lowe's Companies by 0.37% during the Q4 period. The investment management company now holds a total of 40,140 shares of Lowe's Companies which is valued at $3 Million after selling 150 shares in Lowe's Companies according to the most recent disclosure to the SEC.Lowe's Companies makes up approximately 1.71% of Compton Capital Management Inc Ri’s portfolio.
Other Hedge Funds, Including , Advisors Capital Management boosted its stake in LOW during the Q4 period, The investment management firm added 15 additional shares and now holds a total of 13,112 shares of Lowe's Companies which is valued at $982,482. Lowe's Companies makes up approx 0.10% of Advisors Capital Management’s portfolio.Cls Investments boosted its stake in LOW during the Q4 period, The investment management firm added 5,744 additional shares and now holds a total of 6,973 shares of Lowe's Companies which is valued at $522,487. Lowe's Companies makes up approx 0.02% of Cls Investments’s portfolio.Park Avenue Institutional Advisers reduced its stake in LOW by selling 228 shares or 3.7% during the fourth quarter. The Hedge Fund company now holds 5,927 shares of LOW which is valued at $444,110. Lowe's Companies makes up approx 0.38% of Park Avenue Institutional Advisers’s portfolio.Holland Capital Management reduced its stake in LOW by selling 36,631 shares or 3.13% during the fourth quarter. The Hedge Fund company now holds 1,131,957 shares of LOW which is valued at $84.8 Million. Lowe's Companies makes up approx 2.28% of Holland Capital Management’s portfolio.Baldwin Investment Management boosted its stake in LOW during the Q4 period, The investment management firm added 1 additional shares and now holds a total of 15,676 shares of Lowe's Companies which is valued at $1.2 Million. Lowe's Companies makes up approx 0.51% of Baldwin Investment Management’s portfolio.
On the company’s financial health, Lowe's Companies reported $0.59 EPS for the quarter, based on the information available during the earnings call on Feb 24, 2016. Analyst had a consensus estimate of $0.59. The company had revenue of $13236.00 million for the quarter, compared to analysts expectations of $13071.83 million. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.
Investors should note that on Mar 18, 2016, Lowe's Companies announced a cash dividend of $0.2800. The company’s management has announced Apr 18, 2016 as the ex-dividend date and fixed the record date on Apr 20, 2016. The payable date has been fixed on May 4, 2016.
Many Wall Street Analysts have commented on Lowe's Companies. Company shares were Reiterated by RBC Capital Mkts on Nov 19, 2015 to “Outperform”, Firm has raised the Price Target to $ 83 from a previous price target of $81 .Company shares were Reiterated by Argus on Nov 19, 2015 to “Buy”, Firm has raised the Price Target to $ 86 from a previous price target of $84 .
Lowe's Companies opened for trading at $74.65 and hit $75.36 on the upside on Monday, eventually ending the session at $75.22, with a gain of 0.39% or 0.29 points. The heightened volatility saw the trading volume jump to 53,83,380 shares. Company has a market cap of $68,834 M.
Lowe’s Companies Inc. (Lowe’s) is a home improvement retailer. As of January 30 2015 Lowe’s operated 1840 home improvement and hardware stores representing approximately 201 million square feet of retail selling space. Lowe’s is consisted of 1793 stores located across 50 states in the United States including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon as well as 37 stores in Canada and 10 stores in Mexico. It serves homeowners renters and professional customers (Pro customers). Its retail customers consisted of individual homeowners and renters complete a range of projects. The Pro customer consists of two categories: construction trades and maintenance repair and operations. The Company offers a range of products for maintenance repair remodeling and decorating.