As Lowes Companies INC (LOW) Stock Value Declined, First Financial Bank – Trust Division Has Decreased by $3.84 Million Its Stake

June 18, 2018 - By Dolores Ford

Lowe's Companies, Inc. (NYSE:LOW) LogoInvestors sentiment decreased to 0.81 in Q1 2018. Its down 0.20, from 1.01 in 2017Q4. It is negative, as 72 investors sold LOW shares while 482 reduced holdings. 116 funds opened positions while 331 raised stakes. 587.47 million shares or 0.28% more from 585.84 million shares in 2017Q4 were reported. Fort Point Capital Partners Limited Liability Corp holds 4,776 shares or 0.11% of its portfolio. Trust Of Virginia Va owns 19,092 shares for 0.24% of their portfolio. Moreover, South Dakota Inv Council has 0.18% invested in Lowe's Companies, Inc. (NYSE:LOW) for 90,000 shares. Regentatlantic Capital Ltd reported 77,947 shares. Clearbridge Ltd Company reported 1.1% stake. Davis R M Inc stated it has 0.06% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Vantage Investment Ltd Liability, a Pennsylvania-based fund reported 62,686 shares. Kdi Capital Prtn Limited Liability Com has 18,757 shares for 0.54% of their portfolio. One Natl Association has invested 0.05% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Transamerica accumulated 1 shares or 0% of the stock. 100 are held by Lenox Wealth. Schwartz Counsel Inc reported 3.06% in Lowe's Companies, Inc. (NYSE:LOW). Earnest Ltd reported 0% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Coatue Mngmt Limited Liability Company stated it has 0% in Lowe's Companies, Inc. (NYSE:LOW). Citadel Advsr Ltd Liability Corporation has invested 0.09% in Lowe's Companies, Inc. (NYSE:LOW).

Since June 8, 2018, it had 0 insider purchases, and 1 insider sale for $1.23 million activity.

First Financial Bank – Trust Division decreased its stake in Lowes Companies Inc (LOW) by 60.89% based on its latest 2018Q1 regulatory filing with the SEC. First Financial Bank – Trust Division sold 44,142 shares as the company’s stock declined 0.84% with the market. The institutional investor held 28,349 shares of the consumer services company at the end of 2018Q1, valued at $2.49M, down from 72,491 at the end of the previous reported quarter. First Financial Bank – Trust Division who had been investing in Lowes Companies Inc for a number of months, seems to be less bullish one the $80.95 billion market cap company. The stock increased 0.02% or $0.02 during the last trading session, reaching $99.18. About 6.20M shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 18.89% since June 18, 2017 and is uptrending. It has outperformed by 6.32% the S&P500.

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on August, 22. They expect $2.01 earnings per share, up 28.03 % or $0.44 from last year’s $1.57 per share. LOW’s profit will be $1.64B for 12.34 P/E if the $2.01 EPS becomes a reality. After $1.19 actual earnings per share reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts 68.91 % EPS growth.

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: which released: “JC Penney’s CEO Jumps to Lowe’s: Is the Turnaround Doomed?” on May 27, 2018, also with their article: “Better Buy: Walmart vs. Lowe’s” published on June 09, 2018, published: “JC Penney’s Turnaround Story Appears Bleak” on June 15, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: and their article: “Does Lowe’s Deserve A Second Chance?” published on May 24, 2018 as well as‘s news article titled: “Why Did Lowe’s Companies, Inc. Shares Gain 15% in May?” with publication date: June 12, 2018.

Lowe's Companies, Inc. (NYSE:LOW) Ratings Coverage

Among 21 analysts covering Lowe’s (NYSE:LOW), 15 have Buy rating, 0 Sell and 6 Hold. Therefore 71% are positive. Lowe’s has $127 highest and $80.0 lowest target. $106.84’s average target is 7.72% above currents $99.18 stock price. Lowe’s had 29 analyst reports since December 22, 2017 according to SRatingsIntel. The rating was upgraded by Loop Capital Markets to “Buy” on Wednesday, May 23. UBS maintained it with “Buy” rating and $120.0 target in Friday, January 19 report. Bernstein upgraded the shares of LOW in report on Monday, January 22 to “Outperform” rating. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Buy” rating given on Monday, February 12 by RBC Capital Markets. The firm has “Hold” rating given on Thursday, May 24 by Wedbush. As per Wednesday, February 28, the company rating was maintained by Piper Jaffray. JP Morgan maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Tuesday, March 6. JP Morgan has “Neutral” rating and $100 target. The stock has “Buy” rating by Guggenheim on Wednesday, February 28. Robert W. Baird maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Tuesday, May 22. Robert W. Baird has “Buy” rating and $11000 target. On Thursday, March 1 the stock rating was maintained by Deutsche Bank with “Buy”.

Lowe's Companies, Inc. (NYSE:LOW) Institutional Positions Chart

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