Rothschild Investment LLC Boosts Holdings in Lowe’s Companies, Inc. (NYSE:LOW)

Rothschild Investment LLC lifted its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,693 shares of the home improvement retailer’s stock after purchasing an additional 167 shares during the period. Rothschild Investment LLC’s holdings in Lowe’s Companies were worth $665,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of LOW. Crestwood Advisors Group LLC boosted its holdings in Lowe’s Companies by 0.7% in the 4th quarter. Crestwood Advisors Group LLC now owns 8,800 shares of the home improvement retailer’s stock worth $2,172,000 after buying an additional 65 shares during the last quarter. Midwest Capital Advisors LLC purchased a new position in shares of Lowe’s Companies in the fourth quarter valued at approximately $67,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Lowe’s Companies during the fourth quarter worth approximately $353,000. Partners Wealth Management LLC acquired a new position in Lowe’s Companies in the 4th quarter valued at $337,000. Finally, Black Diamond Financial LLC raised its stake in Lowe’s Companies by 10.7% in the 4th quarter. Black Diamond Financial LLC now owns 1,815 shares of the home improvement retailer’s stock valued at $448,000 after purchasing an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on LOW. Wedbush restated a “neutral” rating and issued a $250.00 price objective on shares of Lowe’s Companies in a report on Thursday, December 12th. DA Davidson raised their price target on shares of Lowe’s Companies from $240.00 to $270.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 20th. TD Cowen increased their price objective on shares of Lowe’s Companies from $270.00 to $290.00 and gave the company a “hold” rating in a report on Monday, October 28th. Stifel Nicolaus increased their price objective on shares of Lowe’s Companies from $265.00 to $270.00 and gave the company a “hold” rating in a report on Wednesday, December 11th. Finally, Guggenheim restated a “buy” rating and set a $300.00 target price on shares of Lowe’s Companies in a report on Thursday, December 12th. Ten investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $282.96.

Lowe’s Companies Price Performance

Shares of NYSE:LOW opened at $236.66 on Tuesday. The firm has a market capitalization of $133.63 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11. Lowe’s Companies, Inc. has a 1 year low of $211.80 and a 1 year high of $287.01. The firm’s 50-day moving average is $252.84 and its two-hundred day moving average is $258.90.

Insider Activity at Lowe’s Companies

In other Lowe’s Companies news, EVP Quonta D. Vance sold 7,198 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $274.37, for a total transaction of $1,974,915.26. Following the sale, the executive vice president now directly owns 16,703 shares in the company, valued at $4,582,802.11. This represents a 30.12 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.26% of the company’s stock.

Lowe’s Companies Profile

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.