Wilkinson Global Asset Management LLC Sells 1,100 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Wilkinson Global Asset Management LLC lessened its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 12.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,030 shares of the home improvement retailer’s stock after selling 1,100 shares during the quarter. Wilkinson Global Asset Management LLC’s holdings in Lowe’s Companies were worth $1,982,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. IFS Advisors LLC acquired a new stake in shares of Lowe’s Companies during the 4th quarter valued at $25,000. Legacy Investment Solutions LLC bought a new position in Lowe’s Companies in the third quarter valued at about $27,000. Winch Advisory Services LLC boosted its stake in shares of Lowe’s Companies by 56.4% during the fourth quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock valued at $30,000 after purchasing an additional 44 shares in the last quarter. JNBA Financial Advisors boosted its stake in shares of Lowe’s Companies by 555.6% during the third quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Finally, MFA Wealth Advisors LLC grew its holdings in shares of Lowe’s Companies by 118.6% during the third quarter. MFA Wealth Advisors LLC now owns 129 shares of the home improvement retailer’s stock worth $35,000 after purchasing an additional 70 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Lowe’s Companies

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

Analyst Upgrades and Downgrades

LOW has been the subject of a number of recent research reports. Stifel Nicolaus increased their price objective on Lowe’s Companies from $265.00 to $270.00 and gave the company a “hold” rating in a report on Wednesday, December 11th. Barclays raised their price objective on Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. DA Davidson increased their target price on shares of Lowe’s Companies from $240.00 to $270.00 and gave the company a “neutral” rating in a research report on Wednesday, November 20th. StockNews.com upgraded shares of Lowe’s Companies from a “hold” rating to a “buy” rating in a research report on Friday, January 17th. Finally, Royal Bank of Canada increased their price objective on shares of Lowe’s Companies from $291.00 to $292.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Ten analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus price target of $282.96.

Lowe’s Companies Price Performance

Shares of NYSE LOW opened at $250.73 on Wednesday. Lowe’s Companies, Inc. has a 1 year low of $211.80 and a 1 year high of $287.01. The stock has a market capitalization of $141.58 billion, a P/E ratio of 20.91, a P/E/G ratio of 2.00 and a beta of 1.11. The company has a 50-day moving average price of $254.54 and a 200-day moving average price of $258.73.

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.