Duncker Streett & Co. Inc. Purchases 476 Shares of Lowe’s Companies, Inc. (LOW)

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Duncker Streett & Co. Inc. boosted its position in Lowe’s Companies, Inc. (NYSE:LOW) by 1.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,777 shares of the home improvement retailer’s stock after acquiring an additional 476 shares during the period. Duncker Streett & Co. Inc.’s holdings in Lowe’s Companies were worth $2,821,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. BlackRock Inc. lifted its holdings in shares of Lowe’s Companies by 0.7% in the fourth quarter. BlackRock Inc. now owns 53,503,078 shares of the home improvement retailer’s stock valued at $4,941,544,000 after purchasing an additional 371,008 shares in the last quarter. FMR LLC lifted its holdings in shares of Lowe’s Companies by 9.2% in the fourth quarter. FMR LLC now owns 23,893,923 shares of the home improvement retailer’s stock valued at $2,206,843,000 after purchasing an additional 2,014,183 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of Lowe’s Companies by 8,621.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 17,673,178 shares of the home improvement retailer’s stock valued at $191,000 after purchasing an additional 17,470,536 shares in the last quarter. Lunia Capital LP lifted its holdings in shares of Lowe’s Companies by 18,944.2% in the fourth quarter. Lunia Capital LP now owns 15,741,007 shares of the home improvement retailer’s stock valued at $15,741,000 after purchasing an additional 15,658,352 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Lowe’s Companies by 1.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 14,171,980 shares of the home improvement retailer’s stock valued at $1,308,924,000 after purchasing an additional 182,823 shares in the last quarter. Institutional investors and hedge funds own 76.20% of the company’s stock.

Shares of LOW opened at $106.73 on Thursday. The company has a debt-to-equity ratio of 3.95, a current ratio of 0.98 and a quick ratio of 0.11. The company has a market cap of $89.43 billion, a P/E ratio of 20.76, a price-to-earnings-growth ratio of 1.31 and a beta of 1.26. Lowe’s Companies, Inc. has a 12 month low of $83.27 and a 12 month high of $118.23.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, February 27th. The home improvement retailer reported $0.80 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.80. The company had revenue of $15.65 billion during the quarter, compared to the consensus estimate of $15.75 billion. Lowe’s Companies had a return on equity of 80.91% and a net margin of 3.24%. Lowe’s Companies’s revenue was up 1.0% on a year-over-year basis. During the same period last year, the business posted $0.74 earnings per share. On average, equities research analysts predict that Lowe’s Companies, Inc. will post 6.06 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 8th. Investors of record on Wednesday, April 24th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date was Tuesday, April 23rd. Lowe’s Companies’s payout ratio is 37.35%.

A number of research firms have recently weighed in on LOW. Zacks Investment Research lowered Lowe’s Companies from a “hold” rating to a “sell” rating in a report on Monday. Morgan Stanley raised their target price on Lowe’s Companies from $115.00 to $123.00 and gave the company an “overweight” rating in a report on Monday, April 15th. Citigroup raised their target price on Lowe’s Companies from $125.00 to $127.00 and gave the company a “buy” rating in a report on Monday, April 1st. Evercore ISI began coverage on Lowe’s Companies in a report on Wednesday, March 20th. They issued an “outperform” rating and a $120.00 target price on the stock. Finally, Wells Fargo & Co raised their target price on Lowe’s Companies from $110.00 to $120.00 in a report on Thursday, February 28th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $114.52.

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About Lowe’s Companies

Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and Mexico. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products in various categories, such as lumber and building materials, appliances, seasonal and outdoor living, tools and hardware, fashion fixtures, rough plumbing and electrical, paint, millwork, lawn and garden, flooring, and kitchens.

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Institutional Ownership by Quarter for Lowe`s Companies (NYSE:LOW)

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