Investors sold shares of Lowe's Companies, Inc. (NYSE:LOW) on strength during trading on Tuesday. $60.71 million flowed into the stock on the tick-up and $103.80 million flowed out of the stock on the tick-down, for a money net flow of $43.09 million out of the stock. Of all equities tracked, Lowe's Companies had the 32nd highest net out-flow for the day. Lowe's Companies traded up $0.84 for the day and closed at $94.55

A number of brokerages have weighed in on LOW. Barclays raised shares of Lowe's Companies from an “equal weight” rating to an “overweight” rating in a report on Friday. Zelman & Associates downgraded shares of Lowe's Companies from a “buy” rating to a “hold” rating in a report on Friday. Stifel Nicolaus reissued a “buy” rating and issued a $103.00 price target on shares of Lowe's Companies in a report on Friday, December 22nd. Robert W. Baird reissued a “buy” rating and issued a $110.00 price target on shares of Lowe's Companies in a report on Wednesday, January 3rd. Finally, Guggenheim began coverage on shares of Lowe's Companies in a report on Tuesday, December 12th. They issued a “buy” rating and a $95.00 price target for the company. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and eighteen have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $88.62.

The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.12 and a current ratio of 1.02. The firm has a market capitalization of $78,450.00, a P/E ratio of 22.73, a P/E/G ratio of 1.43 and a beta of 1.14.

Lowe's Companies (NYSE:LOW) last posted its quarterly earnings data on Tuesday, November 21st. The home improvement retailer reported $1.05 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $16.77 billion during the quarter, compared to analyst estimates of $16.59 billion. During the same period in the prior year, the firm earned $0.88 earnings per share. The business’s quarterly revenue was up 6.6% on a year-over-year basis. equities research analysts predict that Lowe's Companies, Inc. will post 4.51 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 7th. Shareholders of record on Wednesday, January 24th will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Tuesday, January 23rd. Lowe's Companies’s dividend payout ratio is presently 39.42%.

In other Lowe's Companies news, insider Nelson B. Peace sold 3,352 shares of the company’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $80.20, for a total transaction of $268,830.40. Following the completion of the sale, the insider now directly owns 4,650 shares of the company’s stock, valued at $372,930. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.11% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Lowe's Companies by 1.4% in the second quarter. Vanguard Group Inc. now owns 64,769,014 shares of the home improvement retailer’s stock worth $5,021,542,000 after purchasing an additional 897,911 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Lowe's Companies by 40.3% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 15,144,020 shares of the home improvement retailer’s stock worth $1,210,613,000 after purchasing an additional 4,351,830 shares in the last quarter. FMR LLC lifted its position in shares of Lowe's Companies by 62.6% in the second quarter. FMR LLC now owns 9,694,439 shares of the home improvement retailer’s stock worth $751,610,000 after purchasing an additional 3,732,153 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Lowe's Companies by 0.7% in the second quarter. Ameriprise Financial Inc. now owns 9,281,474 shares of the home improvement retailer’s stock worth $719,560,000 after purchasing an additional 64,780 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Lowe's Companies by 2.8% in the third quarter. Bank of New York Mellon Corp now owns 8,332,702 shares of the home improvement retailer’s stock worth $666,117,000 after purchasing an additional 229,746 shares in the last quarter. 73.12% of the stock is owned by institutional investors and hedge funds.

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Lowe's Companies Company Profile

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.

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