Roman Butler Fullerton & Co. Sells 184 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Roman Butler Fullerton & Co. lessened its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 2.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 6,206 shares of the home improvement retailer’s stock after selling 184 shares during the period. Roman Butler Fullerton & Co.’s holdings in Lowe’s Companies were worth $1,666,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LOW. Klingenstein Fields & Co. LP grew its holdings in shares of Lowe’s Companies by 1.0% during the fourth quarter. Klingenstein Fields & Co. LP now owns 4,101 shares of the home improvement retailer’s stock worth $1,012,000 after purchasing an additional 39 shares during the last quarter. GFG Capital LLC bought a new stake in shares of Lowe’s Companies during the fourth quarter worth about $218,000. Campbell Wealth Management bought a new stake in shares of Lowe’s Companies during the fourth quarter worth about $231,000. Banque Pictet & Cie SA grew its holdings in shares of Lowe’s Companies by 10.8% during the fourth quarter. Banque Pictet & Cie SA now owns 45,726 shares of the home improvement retailer’s stock worth $11,285,000 after purchasing an additional 4,452 shares during the last quarter. Finally, White Pine Capital LLC grew its holdings in shares of Lowe’s Companies by 13.3% during the fourth quarter. White Pine Capital LLC now owns 934 shares of the home improvement retailer’s stock worth $231,000 after purchasing an additional 110 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Stock Down 0.3 %

Shares of NYSE:LOW opened at $251.88 on Friday. Lowe’s Companies, Inc. has a twelve month low of $211.80 and a twelve month high of $287.01. The stock’s 50 day moving average is $255.80 and its 200-day moving average is $258.29. The firm has a market capitalization of $142.23 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 2.04 and a beta of 1.11.

Insider Transactions at Lowe’s Companies

In other news, EVP Quonta D. Vance sold 7,198 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $274.37, for a total transaction of $1,974,915.26. Following the transaction, 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 Securities & Exchange Commission, which is available through this link. 0.26% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on LOW shares. Wells Fargo & Company boosted their price target on Lowe’s Companies from $280.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. Evercore ISI boosted their price target on Lowe’s Companies from $270.00 to $290.00 and gave the stock an “in-line” rating in a report on Thursday, December 12th. StockNews.com raised Lowe’s Companies from a “hold” rating to a “buy” rating in a research note on Friday, January 17th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $305.00 price objective on shares of Lowe’s Companies in a research note on Thursday, December 12th. Finally, Stifel Nicolaus lifted their price objective on Lowe’s Companies from $265.00 to $270.00 and gave the stock a “hold” rating in a research note on Wednesday, December 11th. Ten research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $282.96.

About Lowe’s Companies

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.