As Lowes Cos INC (LOW) Stock Value Rose, Gotham Asset Management LLC Upped by $8.59 Million Its Stake

March 14, 2018 - By Kurt Siggers

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.01, from 1.03 in 2017Q2. It increased, as 76 investors sold LOW shares while 406 reduced holdings. 115 funds opened positions while 384 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. Duff Phelps Inv Mgmt has 9,630 shares. Gateway Advisers Limited Liability Co holds 0.46% or 657,982 shares in its portfolio. First Republic Invest Mngmt Incorporated invested in 0.35% or 613,755 shares. First Allied Advisory Services Inc reported 0.06% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Mitsubishi Ufj Tru holds 0.27% or 1.80M shares. Dynamic Advsr Solutions Limited Company holds 0.26% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 8,094 shares. Amica Pension Fund Board Of Trustees stated it has 0.36% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). 758,176 were reported by Pictet Asset. Cibc holds 0.01% or 20,177 shares in its portfolio. Hemenway invested 0.06% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). First Fiduciary Counsel Inc owns 3.84% invested in Lowe's Companies, Inc. (NYSE:LOW) for 262,571 shares. Prudential Plc invested in 0% or 11,839 shares. Patten Inc owns 104,900 shares for 0.25% of their portfolio. Jfs Wealth Advisors Ltd Com stated it has 905 shares. Alliancebernstein Limited Partnership, a New York-based fund reported 1.47 million shares.

Since September 19, 2017, it had 0 buys, and 2 selling transactions for $778,532 activity. 7,853 shares were sold by Hollifield Matthew V, worth $614,857 on Friday, September 22.

Joel Greenblatt increased its stake in Lowes Cos Inc (LOW) by 15.29% based on its latest 2017Q3 regulatory filing with the SEC. Gotham Asset Management Llc bought 108,762 shares as the company’s stock rose 10.23% with the market. The hedge fund run by Joel Greenblatt held 820,267 shares of the consumer services company at the end of 2017Q3, valued at $65.57M, up from 711,505 at the end of the previous reported quarter. Gotham Asset Management Llc who had been investing in Lowes Cos Inc for a number of months, seems to be bullish on the $71.70B market cap company. The stock increased 0.28% or $0.24 during the last trading session, reaching $86.38. About 7.03 million shares traded or 4.37% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since March 14, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Gotham Asset Management Llc, which manages about $5.96B and $6.81 billion US Long portfolio, decreased its stake in Marathon Oil Corp (NYSE:MRO) by 277,053 shares to 88,424 shares, valued at $1.20M in 2017Q3, according to the filing. It also reduced its holding in Halliburton Co (NYSE:HAL) by 455,267 shares in the quarter, leaving it with 13,808 shares, and cut its stake in Benchmark Electrs Inc (NYSE:BHE).

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: which released: “Lowe’s Fourth-Quarter Results Give Investors A Buying Opportunity” on March 07, 2018, also with their article: “Lowe’s – Don’t Be Fooled” published on March 01, 2018, published: “Lowe’s Companies, Inc. Stock Takes a Hit on Big Earnings Miss” on February 28, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: and their article: “Lowe’s Is Getting Trounced by Home Depot” published on February 28, 2018 as well as‘s news article titled: “Is Lowe’s Companies (LOW) Stock a Suitable Value Pick Now?” with publication date: March 08, 2018.

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

Among 35 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 22 have Buy rating, 0 Sell and 13 Hold. Therefore 63% are positive. Lowe’s Companies Inc. had 97 analyst reports since August 19, 2015 according to SRatingsIntel. The company was maintained on Tuesday, January 2 by Robert W. Baird. On Friday, November 10 the stock rating was maintained by Jefferies with “Hold”. The company was maintained on Thursday, August 20 by Argus Research. The rating was upgraded by Raymond James to “Outperform” on Monday, November 27. As per Wednesday, August 19, the company rating was maintained by S&P Research. On Monday, October 30 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Hold” rating by Cantor Fitzgerald on Wednesday, August 19. Credit Suisse maintained the shares of LOW in report on Tuesday, January 16 with “Buy” rating. RBC Capital Markets maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Wednesday, July 5. RBC Capital Markets has “Buy” rating and $8900 target. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Market Perform” rating by BMO Capital Markets on Friday, March 2.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: