Natural Investments LLC Acquires Shares of 3,907 Lowe’s Companies, Inc. (NYSE:LOW)

Natural Investments LLC acquired a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,907 shares of the home improvement retailer’s stock, valued at approximately $964,000.

Several other institutional investors have also bought and sold shares of the business. IFS Advisors LLC bought a new stake in shares of Lowe’s Companies in the 4th quarter worth about $25,000. Legacy Investment Solutions LLC purchased a new position in Lowe’s Companies during the 3rd quarter valued at about $27,000. Winch Advisory Services LLC increased its position in Lowe’s Companies by 56.4% during the 4th 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 during the period. Marshall Investment Management LLC bought a new stake in shares of Lowe’s Companies in the 4th quarter valued at about $31,000. Finally, Financial Life Planners bought a new stake in shares of Lowe’s Companies in the 4th quarter valued at about $45,000. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Stock Down 4.1 %

NYSE:LOW opened at $232.48 on Wednesday. Lowe’s Companies, Inc. has a 1-year low of $211.80 and a 1-year high of $287.01. The firm has a market capitalization of $131.27 billion, a price-to-earnings ratio of 19.39, a price-to-earnings-growth ratio of 1.96 and a beta of 1.12. The stock has a fifty day simple moving average of $251.52 and a 200 day simple moving average of $259.14.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.10. The business had revenue of $18.55 billion during the quarter, compared to analyst estimates of $18.29 billion. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. Equities analysts predict that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on LOW. StockNews.com cut shares of Lowe’s Companies from a “buy” rating to a “hold” rating in a research note on Tuesday. Piper Sandler cut their target price on shares of Lowe’s Companies from $307.00 to $296.00 and set an “overweight” rating for the company in a report on Thursday, February 27th. BNP Paribas raised shares of Lowe’s Companies to a “strong sell” rating in a report on Thursday, February 27th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $305.00 target price on shares of Lowe’s Companies in a research note on Wednesday, February 26th. Finally, Mizuho lowered their target price on shares of Lowe’s Companies from $305.00 to $300.00 and set an “outperform” rating on the stock in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $280.83.

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.