Investors sold shares of Lowe’s Companies, Inc. (NYSE:LOW) on strength during trading hours on Monday. $71.36 million flowed into the stock on the tick-up and $105.66 million flowed out of the stock on the tick-down, for a money net flow of $34.30 million out of the stock. Of all equities tracked, Lowe’s Companies had the 25th highest net out-flow for the day. Lowe’s Companies traded up $0.92 for the day and closed at $117.18

A number of research analysts recently weighed in on the stock. Morgan Stanley lifted their target price on shares of Lowe’s Companies from $115.00 to $123.00 and gave the company an “overweight” rating in a research note on Monday. Citigroup lifted their price target on shares of 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 assumed coverage on shares of Lowe’s Companies in a report on Wednesday, March 20th. They issued an “outperform” rating and a $120.00 price target on the stock. Wells Fargo & Co lifted their price target on shares of Lowe’s Companies from $110.00 to $120.00 in a report on Thursday, February 28th. Finally, KeyCorp lifted their price target on shares of Lowe’s Companies from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, February 28th. Eight investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $114.52.

The company has a current ratio of 0.98, a quick ratio of 0.11 and a debt-to-equity ratio of 3.95. The firm has a market capitalization of $92.69 billion, a price-to-earnings ratio of 22.80, a PEG ratio of 1.34 and a beta of 1.27.

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

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 8th. Investors of record on Wednesday, April 24th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $1.92 annualized dividend and a yield of 1.64%. Lowe’s Companies’s payout ratio is 37.35%.

A number of large investors have recently modified their holdings of the stock. Clarfeld Financial Advisors LLC purchased a new stake in Lowe’s Companies in the 4th quarter valued at about $26,000. CNB Bank purchased a new stake in Lowe’s Companies in the 4th quarter valued at about $46,000. Capital Financial Planning LLC purchased a new stake in Lowe’s Companies in the 4th quarter valued at about $46,000. Ironwood Financial llc boosted its position in Lowe’s Companies by 171.0% in the 4th quarter. Ironwood Financial llc now owns 542 shares of the home improvement retailer’s stock valued at $50,000 after buying an additional 342 shares during the period. Finally, Contravisory Investment Management Inc. boosted its position in Lowe’s Companies by 360.6% in the 4th quarter. Contravisory Investment Management Inc. now owns 654 shares of the home improvement retailer’s stock valued at $60,000 after buying an additional 512 shares during the period. Institutional investors own 75.65% of the company’s stock.

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Lowe’s Companies Company Profile (NYSE:LOW)

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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