Economy

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

Lowe's Companies, Inc.is maintained at an average outperform rating by 30 stock analysts, and there are at least 1.17% of shares outstanding that are now legally short sold. Glenview Capital Management LLC lifted its position in shares of Lowe's Companies by 33.8% during the 1st quarter.

Lowe's Companies, Inc. (LOW) reported sales (ttm) of 67.88 Billion, whereas, 25 number of analysts estimated the mean sale of 15385.6 million. OppenheimerFunds Inc. now owns 8,018,171 shares of the home improvement retailer's stock worth $659,174,000 after buying an additional 5,380,759 shares during the last quarter. Vanguard Group Inc. now owns 63,871,103 shares of the home improvement retailer's stock worth $5,250,843,000 after buying an additional 2,650,045 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Lowe's Companies in the first quarter valued at approximately $119,000.

Ffcm LLC raised its holdings in Lowe's Companies, Inc. It was last traded at $77.92 apiece. (LOW). These ratios are important while doing valuation of the company or the shares of the company.

Lowe's Cos. has a 52 week low of $62.62 and a 52 week high of $83.65. The company shares sank -12.23% from their peak of $7.03 and now has a $0 market value of equity. The firm has a market cap of $64,890.00, a price-to-earnings ratio of 17.95, a price-to-earnings-growth ratio of 1.27 and a beta of 1.13. (NYSE:LOW) last issued its quarterly earnings results on Wednesday, November 16th.

Return on equity reveals how much profit a company earned in comparison to the total amount of shareholder equity found on the balance sheet. Revenue, on the other hand, scored 15.9% growth from the previous quarter, coming up with $19.54 billion. During the same period in the prior year, the company posted $0.80 EPS. On average, equities analysts anticipate that Lowe's Cos. will post $3.93 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 8th. Stockholders of record on Wednesday, January 25th will be given a dividend of $0.35 per share. The stock now has Weekly Volatility of 2.13% and Monthly Volatility of 1.57%. The ex-dividend date is Tuesday, October 24th.

Let's have a look at some of the important valuation ratios of the Lowe's Companies, Inc.

In other news, insider Paul D. Ramsay sold 2,098 shares of the firm's stock in a transaction dated Tuesday, September 19th. The stock closing price is now trading downward to its 50 day moving average with change of -1.19%, tumbled to its 20 day moving average with figure of -3.49% and behind its 200 day moving average with value -1.38%. Following the completion of the transaction, the insider now owns 8,400 shares in the company, valued at approximately $655,368. The sale was disclosed in a filing with the SEC, which is available at this link.

In other news, SVP Matthew V. Hollifield sold 7,853 shares of the firm's stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $78.30, for a total value of $614,889.90. Following the sale, the senior vice president now owns 30,750 shares of the company's stock, valued at $2,407,725. Stifel Nicolaus assumed coverage on shares of Lowe's Cos.in a research note on Tuesday, August 2nd. They see Ambev S.A. (ABEV) price hitting a mean target of $6.91 a share, meaning the stock still has potential that could lift the price another 11.99% Also, the recent close suggests the stock is underpriced by 37.76% compared to the most bullish target. Finally, Deutsche Bank AG reaffirmed a "buy" rating and issued a $90.00 price target (up from $85.00) on shares of Lowe's Companies in a report on Friday, October 6th. Twelve research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Wall Street experts also assign a $84.73 price target on Lowe's Companies, Inc., pointing towards a 8.74% rally from current levels.

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The Company operates approximately 1,860 home improvement and hardware stores, representing approximately 200 million square feet of retail selling space.

A good way of getting an idea of how institutional investors view the value of a public company's stock is by checking out current active positions. Lowe's specializes in offering products and services for home improvement, home decor, home maintenance, home fix and remodeling and maintenance of commercial buildings. The Company operates approximately 1,800 stores located across over 50 states in the United States, including approximately 80 Orchard Supply Hardware (Orchard) stores in California and OR, as well as approximately 40 stores in Canada and over 10 stores in Mexico.



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