827 Shares in Lowe’s Companies, Inc. (NYSE:LOW) Acquired by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV acquired a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 827 shares of the home improvement retailer’s stock, valued at approximately $217,000.

Several other large investors also recently added to or reduced their stakes in LOW. Legacy Investment Solutions LLC acquired a new position in shares of Lowe’s Companies during the 3rd quarter valued at about $27,000. IFS Advisors LLC purchased a new position in Lowe’s Companies during the fourth quarter worth about $25,000. JNBA Financial Advisors boosted its holdings in Lowe’s Companies by 555.6% in the 3rd quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock valued at $32,000 after purchasing an additional 100 shares during the last quarter. Winch Advisory Services LLC grew its stake in shares of Lowe’s Companies by 56.4% in the 4th quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock valued at $30,000 after buying an additional 44 shares during the period. Finally, Financial Life Planners acquired a new stake in shares of Lowe’s Companies during the 4th quarter worth approximately $45,000. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Lowe’s Companies

In related news, EVP Quonta D. Vance sold 7,198 shares of Lowe’s Companies stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $274.37, for a total value of $1,974,915.26. Following the completion of the transaction, the executive vice president now owns 16,703 shares in the company, valued at $4,582,802.11. The trade was a 30.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.26% of the company’s stock.

Lowe’s Companies Price Performance

Shares of NYSE LOW opened at $238.93 on Friday. The company has a market cap of $134.91 billion, a price-to-earnings ratio of 19.93, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11. The stock’s 50-day moving average is $253.31 and its two-hundred day moving average is $258.58. Lowe’s Companies, Inc. has a 1-year low of $211.80 and a 1-year high of $287.01.

Analysts Set New Price Targets

A number of research firms recently commented on LOW. Truist Financial upped their price objective on Lowe’s Companies from $307.00 to $308.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Guggenheim reaffirmed a “buy” rating and issued a $300.00 price target on shares of Lowe’s Companies in a research note on Thursday, December 12th. Telsey Advisory Group reissued an “outperform” rating and set a $305.00 price objective on shares of Lowe’s Companies in a research report on Thursday. Wells Fargo & Company boosted their price objective on shares of Lowe’s Companies from $280.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. Finally, TD Cowen increased their target price on shares of Lowe’s Companies from $270.00 to $290.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Ten research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $282.96.

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.