Roman Butler Fullerton & Co. Buys 145 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Roman Butler Fullerton & Co. increased its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 2.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,530 shares of the home improvement retailer’s stock after buying an additional 145 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Lowe’s Companies were worth $1,596,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Orion Capital Management LLC acquired a new stake in Lowe’s Companies during the 3rd quarter valued at $26,000. VisionPoint Advisory Group LLC increased its stake in shares of Lowe’s Companies by 85.4% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 152 shares of the home improvement retailer’s stock valued at $32,000 after buying an additional 70 shares during the period. Sanctuary Wealth Management L.L.C. acquired a new stake in shares of Lowe’s Companies in the 4th quarter valued at $35,000. Itau Unibanco Holding S.A. acquired a new stake in shares of Lowe’s Companies in the 3rd quarter valued at $40,000. Finally, True Wealth Design LLC acquired a new stake in shares of Lowe’s Companies in the 4th quarter valued at $42,000. 74.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently commented on LOW shares. Barclays lifted their target price on Lowe’s Companies from $203.00 to $229.00 and gave the company an “equal weight” rating in a research note on Thursday, January 4th. Stifel Nicolaus lowered their target price on Lowe’s Companies from $240.00 to $225.00 and set a “hold” rating for the company in a research note on Friday, February 16th. The Goldman Sachs Group lifted their price objective on Lowe’s Companies from $238.00 to $262.00 and gave the stock a “buy” rating in a research note on Tuesday, February 13th. StockNews.com cut Lowe’s Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th. Finally, Evercore ISI decreased their price objective on Lowe’s Companies from $280.00 to $275.00 and set an “in-line” rating for the company in a research note on Tuesday. Fifteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $252.52.

Lowe’s Companies Stock Up 0.8 %

Shares of NYSE:LOW traded up $1.93 during midday trading on Thursday, reaching $230.79. The company had a trading volume of 235,558 shares, compared to its average volume of 2,527,150. The business’s 50 day moving average price is $239.29 and its 200 day moving average price is $218.38. The stock has a market cap of $132.05 billion, a PE ratio of 17.39, a P/E/G ratio of 1.69 and a beta of 1.13. Lowe’s Companies, Inc. has a 1-year low of $181.85 and a 1-year high of $262.49.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Tuesday, February 27th. The home improvement retailer reported $1.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.09. The business had revenue of $18.60 billion for the quarter, compared to the consensus estimate of $18.47 billion. Lowe’s Companies had a negative return on equity of 51.42% and a net margin of 8.94%. Lowe’s Companies’s quarterly revenue was down 17.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.28 earnings per share. On average, research analysts expect that Lowe’s Companies, Inc. will post 12.21 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 8th. Shareholders of record on Wednesday, April 24th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Tuesday, April 23rd. Lowe’s Companies’s dividend payout ratio (DPR) is presently 33.43%.

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.