Lowes Cos (LOW) Stock Value Rose While Venator Capital Management LTD Lowered Stake; Osterweis Capital Management Lifted Position in Middleby (MIDD) by $726,272

February 17, 2018 - By Nellie Frank

John Osterweis increased its stake in Middleby Corp (MIDD) by 27.05% based on its latest 2017Q3 regulatory filing with the SEC. Osterweis Capital Management Inc bought 5,674 shares as the company’s stock declined 6.89% while stock markets rallied. The hedge fund run by John Osterweis held 26,650 shares of the industrial machinery and components company at the end of 2017Q3, valued at $3.42 million, up from 20,976 at the end of the previous reported quarter. Osterweis Capital Management Inc who had been investing in Middleby Corp for a number of months, seems to be bullish on the $7.55 billion market cap company. The stock increased 1.46% or $1.94 during the last trading session, reaching $135. About 249,923 shares traded. The Middleby Corporation (NASDAQ:MIDD) has risen 8.18% since February 17, 2017 and is uptrending. It has underperformed by 8.52% the S&P500.

Venator Capital Management Ltd decreased its stake in Lowes Cos Inc (LOW) by 52.82% based on its latest 2017Q3 regulatory filing with the SEC. Venator Capital Management Ltd sold 38,178 shares as the company’s stock rose 10.23% with the market. The institutional investor held 34,100 shares of the consumer services company at the end of 2017Q3, valued at $2.73M, down from 72,278 at the end of the previous reported quarter. Venator Capital Management Ltd who had been investing in Lowes Cos Inc for a number of months, seems to be less bullish one the $79.91B market cap company. The stock decreased 0.21% or $0.2 during the last trading session, reaching $96.31. About 5.33 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since February 17, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on March, 7. They expect $0.86 earnings per share, 0.00% or $0.00 from last year’s $0.86 per share. LOW’s profit will be $713.59M for 28.00 P/E if the $0.86 EPS becomes a reality. After $1.05 actual earnings per share reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts -18.10% negative EPS growth.

Among 33 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 21 have Buy rating, 0 Sell and 12 Hold. Therefore 64% are positive. Lowe’s Companies Inc. had 87 analyst reports since August 19, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, July 5 report. Stifel Nicolaus maintained Lowe's Companies, Inc. (NYSE:LOW) on Wednesday, January 24 with “Buy” rating. The rating was maintained by Credit Suisse with “Buy” on Tuesday, January 16. The rating was maintained by Telsey Advisory Group with “Outperform” on Wednesday, November 22. BMO Capital Markets maintained it with “Outperform” rating and $86 target in Monday, August 22 report. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Hold” rating by Piper Jaffray on Wednesday, November 22. As per Thursday, December 8, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Tuesday, July 18 by BMO Capital Markets. UBS maintained it with “Buy” rating and $120.0 target in Friday, January 26 report. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Neutral” rating given on Monday, October 31 by Piper Jaffray.

Investors sentiment increased to 1.04 in 2017 Q3. 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. Washington Trust Natl Bank has 0.01% invested in Lowe's Companies, Inc. (NYSE:LOW). Chem Retail Bank reported 62,106 shares or 0.55% of all its holdings. Korea Inv has 0.35% invested in Lowe's Companies, Inc. (NYSE:LOW). Gamco Investors Et Al stated it has 14,950 shares. 14,450 are held by Lau Associates Ltd Com. Fmr Lc holds 0.09% or 9.06M shares. The Ohio-based First Fiduciary Investment Counsel Incorporated has invested 3.84% in Lowe's Companies, Inc. (NYSE:LOW). Hartford Invest Management reported 0.3% stake. 196,727 are owned by Parsec Mngmt. Teacher Retirement System Of Texas reported 0.46% stake. 3,410 were reported by A D Beadell Inv Counsel. Chilton Capital Mngmt invested 0.92% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Lakeview Cap Prtnrs Limited Liability Co holds 3,644 shares or 0.23% of its portfolio. Blackrock Inc reported 0.25% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). First City Cap Inc has invested 0.67% in Lowe's Companies, Inc. (NYSE:LOW).

Since September 19, 2017, it had 0 insider purchases, and 2 insider sales for $778,532 activity. $614,857 worth of stock was sold by Hollifield Matthew V on Friday, September 22.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.25, from 1.05 in 2017Q2. It is negative, as 51 investors sold MIDD shares while 109 reduced holdings. 32 funds opened positions while 96 raised stakes. 51.63 million shares or 0.01% more from 51.63 million shares in 2017Q2 were reported. Connable Office Incorporated owns 1,975 shares. Whittier Trust Of Nevada invested in 822 shares or 0.01% of the stock. Da Davidson & owns 19,626 shares. Green Square Ltd invested in 5,737 shares. Cibc Asset Mgmt accumulated 0% or 1,953 shares. Fifth Third Bank accumulated 362 shares. Moreover, Blair William And Il has 0.03% invested in The Middleby Corporation (NASDAQ:MIDD). Pub Sector Pension Board reported 3,300 shares. Mountain Pacific Invest Advisers Id, a Idaho-based fund reported 122,670 shares. Ironwood Investment Lc stated it has 1,789 shares or 0.16% of all its holdings. Bank Of America Corporation De holds 0.01% of its portfolio in The Middleby Corporation (NASDAQ:MIDD) for 443,924 shares. Walleye Trading Limited Co has 483 shares for 0% of their portfolio. Mitsubishi Ufj Trust & Banking Corp invested in 113,585 shares. Fruth Investment Management holds 1.38% or 23,400 shares. 131 are owned by Northwestern Mutual Wealth Mgmt.

Among 8 analysts covering Middleby (NASDAQ:MIDD), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Middleby had 17 analyst reports since November 12, 2015 according to SRatingsIntel. As per Thursday, December 15, the company rating was downgraded by Macquarie Research. The stock has “Buy” rating by TH Capital on Thursday, November 12. The stock of The Middleby Corporation (NASDAQ:MIDD) earned “Buy” rating by Robert W. Baird on Thursday, October 19. The firm has “Buy” rating by Roth Capital given on Thursday, November 12. On Tuesday, February 14 the stock rating was initiated by KeyBanc Capital Markets with “Overweight”. The rating was upgraded by BMO Capital Markets to “Outperform” on Wednesday, November 18. The company was maintained on Tuesday, January 30 by Citigroup. The firm earned “Neutral” rating on Friday, November 10 by Citigroup. On Thursday, August 10 the stock rating was maintained by BMO Capital Markets with “Buy”. The firm has “Hold” rating by Deutsche Bank given on Friday, November 17.

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