Tradewinds Capital Management LLC Sells 80 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Tradewinds Capital Management LLC reduced its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 38.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 128 shares of the home improvement retailer’s stock after selling 80 shares during the period. Tradewinds Capital Management LLC’s holdings in Lowe’s Companies were worth $32,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. IFS Advisors LLC purchased a new stake in Lowe’s Companies in the fourth quarter worth about $25,000. Legacy Investment Solutions LLC purchased a new stake in Lowe’s Companies in the third quarter worth about $27,000. Winch Advisory Services LLC grew its holdings 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 purchasing an additional 44 shares during the period. Marshall Investment Management LLC purchased a new stake in Lowe’s Companies in the fourth quarter worth about $31,000. Finally, JNBA Financial Advisors grew its holdings 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 purchasing an additional 100 shares during the period. 74.06% of the stock is owned by institutional investors.

Lowe’s Companies Trading Down 3.0 %

NYSE:LOW opened at $238.93 on Friday. The company has a market cap of $134.91 billion, a PE ratio of 19.93, a P/E/G ratio of 1.96 and a beta of 1.11. Lowe’s Companies, Inc. has a twelve month low of $211.80 and a twelve month high of $287.01. The company’s 50 day moving average is $253.31 and its two-hundred day moving average is $258.70.

Insider Activity

In related news, EVP Quonta D. Vance sold 7,198 shares of the business’s stock in a transaction 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 directly owns 16,703 shares in the company, valued at $4,582,802.11. The trade was a 30.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

LOW has been the topic of a number of recent research reports. DA Davidson upped their price objective on shares of Lowe’s Companies from $240.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, November 20th. Wedbush reiterated a “neutral” rating and set a $250.00 price target on shares of Lowe’s Companies in a report on Thursday, December 12th. Telsey Advisory Group reiterated an “outperform” rating and set a $305.00 price target on shares of Lowe’s Companies in a report on Thursday. Mizuho increased their price target on shares of Lowe’s Companies from $282.00 to $305.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Finally, Royal Bank of Canada increased their price target on shares of Lowe’s Companies from $291.00 to $292.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Ten investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and an average price target of $282.96.

Lowe’s Companies 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.