Shareholder Gotham Asset Management LLC Has Lifted Lowes Cos INC (LOW) Position

March 14, 2018 - By Ellis Scott

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.01, from 1.03 in 2017Q2. It increased, as 76 investors sold LOW shares while 406 reduced holdings. 115 funds opened positions while 384 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. Sfe Invest Counsel accumulated 2.29% or 68,270 shares. Hamel Assocs holds 3,180 shares or 0.12% of its portfolio. Texas-based E&G Advsr LP has invested 0.11% in Lowe's Companies, Inc. (NYSE:LOW). Alyeska Inv Group LP holds 2.12% or 3.28M shares. Aqr Capital Mngmt Limited Liability Co owns 2.38 million shares. Greenwood Capital Associate Limited Liability Company owns 57,145 shares. Linscomb & Williams reported 3,583 shares. Alps Advisors, Colorado-based fund reported 6,939 shares. Preferred Limited Com has 0.05% invested in Lowe's Companies, Inc. (NYSE:LOW) for 1,143 shares. Dimensional Fund Advisors LP accumulated 2.47M shares. Private Advisor Gp Lc holds 0.08% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 41,104 shares. 19,246 were reported by Johnson Fincl Group. New York State Common Retirement Fund has invested 0.26% in Lowe's Companies, Inc. (NYSE:LOW). London Commerce Of Virginia holds 2.86 million shares. Mark Sheptoff Fincl Planning Ltd Limited Liability Company reported 0.06% in Lowe's Companies, Inc. (NYSE:LOW).

Since September 19, 2017, it had 0 buys, and 2 sales for $778,532 activity. The insider Ramsay Paul D sold 2,098 shares worth $163,675.

Joel Greenblatt increased its stake in Lowes Cos Inc (LOW) by 15.29% based on its latest 2017Q3 regulatory filing with the SEC. Gotham Asset Management Llc bought 108,762 shares as the company’s stock rose 10.23% with the market. The hedge fund run by Joel Greenblatt held 820,267 shares of the consumer services company at the end of 2017Q3, valued at $65.57M, up from 711,505 at the end of the previous reported quarter. Gotham Asset Management Llc who had been investing in Lowes Cos Inc for a number of months, seems to be bullish on the $71.70 billion market cap company. The stock increased 0.28% or $0.24 during the last trading session, reaching $86.38. About 7.03 million shares traded or 4.37% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since March 14, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Gotham Asset Management Llc, which manages about $5.96B and $6.81B US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 151,348 shares to 132,817 shares, valued at $3.21M in 2017Q3, according to the filing. It also reduced its holding in Terex Corp New (NYSE:TEX) by 329,756 shares in the quarter, leaving it with 129,388 shares, and cut its stake in L3 Technologies Inc.

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: which released: “Lowe’s Companies, Inc. Invites You to Join Its Fourth Quarter 2017 Earnings …” on February 21, 2018, also with their article: “Lowe’s Is Getting Trounced by Home Depot” published on February 28, 2018, published: “Lowe’s – Don’t Be Fooled” on March 01, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: and their article: “Lowe’s Companies, Inc. Stock Is on Sale — Grab Some” published on March 05, 2018 as well as‘s news article titled: “Lowe’s Fourth-Quarter Results Give Investors A Buying Opportunity” with publication date: March 07, 2018.

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

Among 35 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 22 have Buy rating, 0 Sell and 13 Hold. Therefore 63% are positive. Lowe’s Companies Inc. had 97 analyst reports since August 19, 2015 according to SRatingsIntel. Jefferies maintained the shares of LOW in report on Wednesday, August 23 with “Hold” rating. The firm earned “Market Perform” rating on Thursday, August 24 by BMO Capital Markets. The firm has “Buy” rating given on Wednesday, November 22 by KeyBanc Capital Markets. The firm has “Outperform” rating given on Monday, January 22 by Bernstein. Credit Suisse maintained the shares of LOW in report on Tuesday, January 16 with “Buy” rating. Wedbush maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Thursday, March 1. Wedbush has “Hold” rating and $80.0 target. Argus Research maintained the shares of LOW in report on Thursday, November 19 with “Buy” rating. The rating was maintained by BMO Capital Markets on Tuesday, July 18 with “Buy”. On Wednesday, July 5 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, August 24.

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