Duncker Streett & Co. Inc. Sells 1,584 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Duncker Streett & Co. Inc. decreased its position in Lowe’s Companies, Inc. (NYSE:LOW) by 6.4% during the 4th quarter, Holdings Channel reports. The firm owned 23,202 shares of the home improvement retailer’s stock after selling 1,584 shares during the period. Lowe’s Companies comprises about 1.1% of Duncker Streett & Co. Inc.’s holdings, making the stock its 25th biggest holding. Duncker Streett & Co. Inc.’s holdings in Lowe’s Companies were worth $5,726,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in LOW. IFS Advisors LLC bought a new position in shares of Lowe’s Companies in the fourth quarter worth approximately $25,000. Legacy Investment Solutions LLC purchased a new stake in Lowe’s Companies in the third quarter worth $27,000. Winch Advisory Services LLC lifted its stake in Lowe’s Companies by 56.4% in the fourth quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock worth $30,000 after acquiring an additional 44 shares during the period. Marshall Investment Management LLC purchased a new stake in Lowe’s Companies in the fourth quarter worth $31,000. Finally, JNBA Financial Advisors lifted its stake in Lowe’s Companies by 555.6% in the third quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock worth $32,000 after acquiring an additional 100 shares during the period. Institutional investors own 74.06% of the company’s stock.

Analyst Ratings Changes

LOW has been the subject of a number of research analyst reports. DA Davidson raised their price target on Lowe’s Companies from $240.00 to $270.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 20th. Mizuho dropped their price target on Lowe’s Companies from $305.00 to $300.00 and set an “outperform” rating for the company in a research note on Thursday. Bank of America dropped their price target on Lowe’s Companies from $305.00 to $290.00 and set a “buy” rating for the company in a research note on Thursday. Wells Fargo & Company raised their price target on Lowe’s Companies from $280.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. Finally, Sanford C. Bernstein raised their price objective on Lowe’s Companies from $301.00 to $304.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and an average price target of $280.83.

Lowe’s Companies Price Performance

Shares of NYSE:LOW opened at $248.71 on Friday. Lowe’s Companies, Inc. has a 1-year low of $211.80 and a 1-year high of $287.01. The business has a fifty day moving average price of $252.52 and a 200-day moving average price of $259.05. The company has a market capitalization of $140.43 billion, a PE ratio of 20.74, a PEG ratio of 1.96 and a beta of 1.11.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.10. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The firm had revenue of $18.55 billion during the quarter, compared to the consensus estimate of $18.29 billion. On average, sell-side analysts anticipate that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

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.