In the past 52 weeks the company's stock price has moved within the range of $65.12 to $86.25. Sanford C. Bernstein reiterated an underperform rating and set a $69.00 price objective on shares of Lowe's Companies in a research note on Wednesday, July 12th. Icon Advisers has invested 0.33% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Macnealy Hoover Invest Mngmt holds 13,775 shares or 0.81% of its portfolio. Finally, Engineers Gate Manager LP bought a new stake in shares of Lowe's Companies in the 1st quarter worth $4,705,000. Wade G W & Inc. now owns 5,078 shares of the home improvement retailer's stock worth $417,000 after buying an additional 180 shares in the last quarter. Huntington National Bank increased its stake in shares of Lowe's Cos.by 35.7% in the second quarter. FMR LLC now owns 9,694,439 shares of the home improvement retailer's stock worth $751,610,000 after purchasing an additional 3,732,153 shares during the period.
M&R Capital Management Inc decreased Stryker Corp Com (NYSE:SYK) stake by 12,283 shares to 7,550 valued at $1.09M in 2017Q2. Advisory Services Network Llc, a Georgia-based fund reported 4,900 shares. Following the sale, the insider now owns 8,400 shares of the company's stock, valued at approximately $655,368. (NYSE:LOW) implies that investors are highly hopeful for the organization to create more value from the given set of assets. The company had a trading volume of 7,451,900 shares, compared to its average volume of 5,430,049.
This particular stock's 5-day moving average is 77.74, its 20-day moving average is 79.58 and its 100-day moving average is 77.70. The stock has a market capitalization of $64.53 billion, a price-to-earnings ratio of 27.24 and a beta of 1.28. The Return on Equity (ROE) value stands at 50.3%. (NYSE:LOW) to report earnings on November, 15. Clifford Swan Invest Counsel Ltd Com reported 1.57% in Lowe's Companies, Inc. The business had revenue of $19.50 billion during the quarter, compared to the consensus estimate of $19.58 billion. Moreover, both sales and earnings grew year over year during the quarter. They expect $1.02 EPS, up 15.91% or $0.14 from last year's $0.88 per share.
Many analysts are providing their Estimated Earnings analysis for Lowe's Companies, Inc. and for the current quarter 29 analysts have projected that the stock could give an Average Earnings estimate of $1.02/share.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 8th. Investors of record on Wednesday, January 24th will be paid a $0.41 dividend. "(LOW) Ex-Dividend Date Scheduled for October 24, 2017" on October 23, 2017. Lowe's Cos.'s dividend payout ratio (DPR) is presently 51.28%. If you are accessing this report on another site, it was illegally copied and reposted in violation of United States and global trademark and copyright law. The original version of this piece of content can be read at https://weekherald.com/2017/11/13/global-endowment-management-lp-acquires-new-holdings-in-lowes-companies-inc-low.html. (NYSE:LOW) from a hold rating to a buy rating in a report published on Wednesday, November 1st. KeyCorp began coverage on shares of Lowe's Companies in a research report on Monday, November 6th. Longbow Research reissued a "buy" rating and issued a $95.00 target price on shares of Lowe's Companies in a research note on Monday, August 14th. Royal Bank Of Canada upped their target price on Lowe's Cos. from $75.00 to $83.00 and gave the company an "outperform" rating in a research note on Thursday, December 8th. Zacks Investment Research cut Lowe's Companies from a "buy" rating to a "hold" rating in a research note on Tuesday, November 7th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have assigned a buy rating to the stock. Meanwhile, the average 12-month price target from Wall Street analysts is now $85.41, this means that the stock is underpriced by 9.273%. Ramsay Paul D had sold 23,023 shares worth $1.83M on Tuesday, May 30. The stock was sold at an average price of $78.02, for a total value of $163,685.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Matthew V. Hollifield sold 7,853 shares of the business's stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $78.30, for a total value of $614,889.90. Following the completion of the sale, the senior vice president now owns 30,750 shares in the company, valued at $2,407,725. The disclosure for this sale can be found here. The stock rose 0.03% or $0.02 reaching $77.51.
Lowe's Companies, Inc.'s average Book Value per Share Growth Rate was -16.4 percent during the past 12 months. The Company operates approximately 1,860 home improvement and hardware stores, representing approximately 200 million square feet of retail selling space.