EagleClaw Capital Managment LLC cut its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 3.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,152 shares of the home improvement retailer’s stock after selling 1,224 shares during the period. Lowe’s Companies makes up 1.8% of EagleClaw Capital Managment LLC’s portfolio, making the stock its 12th largest position. EagleClaw Capital Managment LLC’s holdings in Lowe’s Companies were worth $3,039,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of LOW. SRS Capital Advisors Inc. increased its position in shares of Lowe’s Companies by 0.4% during the first quarter. SRS Capital Advisors Inc. now owns 1,236 shares of the home improvement retailer’s stock valued at $101,000 after buying an additional 5 shares during the period. Harbour Capital Advisors LLC purchased a new position in shares of Lowe’s Companies during the first quarter valued at about $103,000. State of Alaska Department of Revenue increased its position in shares of Lowe’s Companies by 8.3% during the second quarter. State of Alaska Department of Revenue now owns 1,440 shares of the home improvement retailer’s stock valued at $111,000 after buying an additional 110 shares during the period. Balentine LLC purchased a new position in shares of Lowe’s Companies during the first quarter valued at about $120,000. Finally, Proficio Capital Partners LLC increased its position in shares of Lowe’s Companies by 140.4% during the first quarter. Proficio Capital Partners LLC now owns 1,589 shares of the home improvement retailer’s stock valued at $127,000 after buying an additional 928 shares during the period. 74.00% of the stock is owned by institutional investors and hedge funds.

In other Lowe’s Companies news, SVP Matthew V. Hollifield sold 7,853 shares of Lowe’s Companies stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $78.30, for a total value of $614,889.90. Following the completion of the transaction, the senior vice president now directly owns 30,750 shares of the company’s stock, valued at approximately $2,407,725. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul D. Ramsay sold 2,098 shares of Lowe’s Companies stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $78.02, for a total transaction of $163,685.96. Following the completion of the transaction, the insider now directly owns 8,400 shares of the company’s stock, valued at $655,368. The disclosure for this sale can be found here. 0.11% of the stock is owned by company insiders.

Several equities analysts recently issued reports on the stock. Piper Jaffray Companies reiterated a “hold” rating and set a $82.00 price target on shares of Lowe’s Companies in a research report on Friday. UBS AG upped their price objective on shares of Lowe’s Companies from $89.00 to $93.00 and gave the stock a “buy” rating in a report on Wednesday. Credit Suisse Group restated a “hold” rating and issued a $88.00 price objective on shares of Lowe’s Companies in a report on Friday. BidaskClub upgraded shares of Lowe’s Companies from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, Robert W. Baird set a $87.00 price objective on shares of Lowe’s Companies and gave the stock a “buy” rating in a report on Thursday, August 24th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $87.24.

Lowe’s Companies, Inc. (NYSE:LOW) opened at $79.24 on Friday. The company has a debt-to-equity ratio of 2.71, a current ratio of 1.02 and a quick ratio of 0.19. Lowe’s Companies, Inc. has a 52-week low of $69.92 and a 52-week high of $86.25. The firm has a market cap of $66,114.36, a P/E ratio of 17.64, a price-to-earnings-growth ratio of 1.28 and a beta of 1.13.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Tuesday, November 21st. The home improvement retailer reported $1.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.02 by $0.03. Lowe’s Companies had a net margin of 5.16% and a return on equity of 66.27%. The business had revenue of $16.77 billion for the quarter, compared to the consensus estimate of $16.59 billion. During the same period last year, the firm earned $0.88 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. sell-side analysts predict that Lowe’s Companies, Inc. will post 4.5 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 7th. Stockholders of record on Wednesday, January 24th will be given a dividend of $0.41 per share. The ex-dividend date is Tuesday, January 23rd. This represents a $1.64 annualized dividend and a dividend yield of 2.07%. Lowe’s Companies’s payout ratio is 39.33%.

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About Lowe’s Companies

Lowe’s Companies, Inc (Lowe’s) is a home improvement company. The Company operates approximately 2,370 home improvement and hardware stores. The Company offers a range of products for maintenance, repair, remodeling and decorating. The Company offers home improvement products in categories, including Lumber and Building Materials; Tools and Hardware; Appliances; Fashion Fixtures; Rough Plumbing and Electrical; Lawn and Garden; Seasonal and Outdoor Living; Paint; Flooring; Millwork, and Kitchens.

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

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