Lowe’s Companies, Inc. (NYSE:LOW) Shares Bought by Cordatus Wealth Management LLC

Cordatus Wealth Management LLC grew its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 0.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,012 shares of the home improvement retailer’s stock after buying an additional 41 shares during the period. Lowe’s Companies accounts for approximately 1.0% of Cordatus Wealth Management LLC’s holdings, making the stock its 25th biggest holding. Cordatus Wealth Management LLC’s holdings in Lowe’s Companies were worth $3,705,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in LOW. FMR LLC lifted its position in Lowe’s Companies by 10.2% during the third quarter. FMR LLC now owns 26,010,730 shares of the home improvement retailer’s stock valued at $7,045,006,000 after buying an additional 2,399,897 shares in the last quarter. State Street Corp raised its stake in shares of Lowe’s Companies by 1.9% in the 3rd quarter. State Street Corp now owns 25,013,655 shares of the home improvement retailer’s stock valued at $6,774,948,000 after acquiring an additional 460,851 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Lowe’s Companies by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 11,733,461 shares of the home improvement retailer’s stock valued at $3,169,041,000 after acquiring an additional 187,473 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Lowe’s Companies by 1.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,369,052 shares of the home improvement retailer’s stock worth $912,508,000 after purchasing an additional 39,953 shares during the period. Finally, Ontario Teachers Pension Plan Board increased its holdings in Lowe’s Companies by 1.6% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 2,343,365 shares of the home improvement retailer’s stock valued at $634,700,000 after purchasing an additional 36,054 shares in the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Lowe’s Companies Trading Down 0.0 %

Shares of NYSE LOW opened at $246.63 on Friday. Lowe’s Companies, Inc. has a twelve month low of $211.80 and a twelve month high of $287.01. The firm has a 50-day moving average of $253.77 and a two-hundred day moving average of $258.57. The company has a market capitalization of $139.26 billion, a price-to-earnings ratio of 20.57, a PEG ratio of 1.96 and a beta of 1.11.

Analyst Upgrades and Downgrades

LOW has been the topic of several analyst reports. Guggenheim reiterated a “buy” rating and set a $300.00 target price on shares of Lowe’s Companies in a report on Thursday, December 12th. Wedbush reiterated a “neutral” rating and set a $250.00 price objective on shares of Lowe’s Companies in a research note on Thursday, December 12th. Telsey Advisory Group restated an “outperform” rating and issued a $305.00 target price on shares of Lowe’s Companies in a research note on Thursday. TD Cowen raised their price target 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. Finally, Mizuho boosted their price objective on shares of Lowe’s Companies from $282.00 to $305.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Ten analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $282.96.

Insider Buying and Selling

In other Lowe’s Companies news, EVP Quonta D. Vance sold 7,198 shares of the company’s stock in a transaction 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 transaction, the executive vice president now owns 16,703 shares of the company’s stock, valued at approximately $4,582,802.11. This represents a 30.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.26% of the company’s stock.

Lowe’s Companies Company 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.