How Many Lowe’s Companies, Inc. (NYSE:LOW)’s Analysts Are Bearish?

July 17, 2017 - By Adrian Mccoy

 How Many Lowe's Companies, Inc. (NYSE:LOW)'s Analysts Are Bearish?
Investors sentiment decreased to 0.84 in Q4 2016. Its down 0.09, from 0.93 in 2016Q3. It dropped, as 87 investors sold Lowe’s Companies, Inc. shares while 444 reduced holdings. 103 funds opened positions while 341 raised stakes. 627.42 million shares or 0.25% less from 629.02 million shares in 2016Q3 were reported.
Counselors reported 13,078 shares. Buckingham Asset Mngmt Limited Liability Company has invested 0.1% in Lowe’s Companies, Inc. (NYSE:LOW). Cetera Advisors Limited Liability Co reported 0.03% stake. Wilbanks Smith Thomas Asset Limited Company, Virginia-based fund reported 11,641 shares. First Citizens Natl Bank reported 0.45% of its portfolio in Lowe’s Companies, Inc. (NYSE:LOW). Hedeker Wealth Ltd Liability Com stated it has 10,740 shares or 0.63% of all its holdings. Princeton Strategies Group Limited Com holds 0.11% or 4,867 shares in its portfolio. Vigilant Cap Ltd Liability Com owns 3,190 shares for 0.04% of their portfolio. Campbell Newman Asset Mgmt has invested 2.44% in Lowe’s Companies, Inc. (NYSE:LOW). 3,000 were reported by Berkshire Asset Mngmt Ltd Liability Corp Pa. 17,350 are owned by Haverford. Schroder Invest Mngmt Grp Inc holds 632,613 shares or 0.09% of its portfolio. Cwm Limited Co has 1,346 shares for 0.01% of their portfolio. 51,226 were accumulated by Kynikos Assoc Lp. Sentry Corporation accumulated 788,000 shares.

Since March 3, 2017, it had 0 insider purchases, and 8 insider sales for $44.98 million activity. DAMRON RICKY D also sold $1.41M worth of Lowe’s Companies, Inc. (NYSE:LOW) on Saturday, April 1. Another trade for 3,568 shares valued at $290,089 was sold by Peace Nelson B. NIBLOCK ROBERT A had sold 447,000 shares worth $36.24 million. The insider Ramsay Paul D sold $2.48 million. Another trade for 12,700 shares valued at $1.04M was made by CROOM MARSHALL A on Thursday, March 30. Maltsbarger Richard D sold $936,115 worth of stock or 11,672 shares. Hollifield Matthew V also sold $753,162 worth of Lowe’s Companies, Inc. (NYSE:LOW) shares.

Lowe’s Companies, Inc. (NYSE:LOW) Ratings Coverage

Among 20 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Lowe’s Companies Inc. had 36 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was upgraded by Zelman to “Buy” on Thursday, November 19. The stock of Lowe’s Companies, Inc. (NYSE:LOW) earned “Market Perform” rating by Telsey Advisory Group on Thursday, December 8. Jefferies maintained the shares of LOW in report on Friday, May 13 with “Hold” rating. The firm earned “Underperform” rating on Monday, February 6 by Bernstein. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, November 19 report. The firm earned “Buy” rating on Friday, August 14 by Longbow. Cantor Fitzgerald maintained it with “Hold” rating and $69 target in Wednesday, August 19 report. The company was maintained on Thursday, November 19 by Argus Research. The firm has “Buy” rating given on Thursday, August 20 by Argus Research. The company was downgraded on Thursday, August 20 by Zacks. Below is a list of Lowe’s Companies, Inc. (NYSE:LOW) latest ratings and price target changes.

05/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $89.0000 Maintain
26/05/2017 Broker: Goldman Sachs Rating: Buy Old Target: $97.00 New Target: $96.00 Target Down
26/05/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $89.00 New Target: $87.00 Target Down
15/05/2017 Broker: Jefferies Rating: Hold Old Target: $80.00 New Target: $94.00 Target Up
06/02/2017 Broker: Bernstein Rating: Underperform New Target: $66 Initiate

The stock increased 0.46% or $0.35 during the last trading session, reaching $76.43. About 3.96M shares traded. Lowe’s Companies, Inc. (NYSE:LOW) has risen 5.92% since July 17, 2016 and is uptrending. It has underperformed by 10.78% the S&P500.

Lowe’s Companies, Inc. is a home improvement retailer. The company has market cap of $64.14 billion. The Firm operates approximately 1,860 home improvement and hardware stores, representing approximately 200 million square feet of retail selling space. It has a 24.01 P/E ratio. The Firm 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 Oregon, as well as approximately 40 stores in Canada and over 10 stores in Mexico.

Another recent and important Lowe’s Companies, Inc. (NYSE:LOW) news was published by Seekingalpha.com which published an article titled: “Lowe’s: Great Company, Good Price” on July 07, 2017.

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