Gradient Investments LLC Increased Stake in Lowes Cos INC (LOW)

Lowe's Companies, Inc. (NYSE:LOW) LogoInvestors sentiment decreased to 0.76 in 2018 Q2. Its down 0.05, from 0.81 in 2018Q1. It dropped, as 60 investors sold LOW shares while 496 reduced holdings. 128 funds opened positions while 294 raised stakes. 581.37 million shares or 1.04% less from 587.47 million shares in 2018Q1 were reported. Bradley Foster And Sargent Ct owns 148,662 shares or 0.51% of their US portfolio. Quantbot Ltd Partnership holds 125,137 shares. Alps has invested 0% in Lowe's Companies, Inc. (NYSE:LOW). Marathon Cap Mgmt holds 0.12% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 3,391 shares. Pictet Asset Mgmt reported 738,263 shares. 27,639 were accumulated by First Utd Bank. Great West Life Assurance Can owns 1.61 million shares for 0.36% of their portfolio. Mufg Americas accumulated 107,922 shares. Vantage Inv Prtn Lc reported 105,074 shares or 0.73% of all its holdings. Transamerica Fincl Advsrs accumulated 1 shares. Moreover, Da Davidson And has 0.05% invested in Lowe's Companies, Inc. (NYSE:LOW) for 27,618 shares. 34 were reported by Macroview Mngmt Ltd Liability Com. Ny State Common Retirement Fund stated it has 0.27% in Lowe's Companies, Inc. (NYSE:LOW). Moore Cap Management Ltd Partnership reported 100,000 shares. Kbc Gru Nv stated it has 178,239 shares.

Since June 8, 2018, it had 2 insider buys, and 1 sale for $893,828 activity. CROOM MARSHALL A also sold $1.80 million worth of Lowe's Companies, Inc. (NYSE:LOW) shares. WARDELL LISA W had bought 273 shares worth $29,407 on Friday, August 24. Hollifield Matthew V sold $1.23 million worth of stock or 12,362 shares.

Gradient Investments Llc increased its stake in Lowes Cos Inc (LOW) by 3536.84% based on its latest 2018Q2 regulatory filing with the SEC. Gradient Investments Llc bought 100,234 shares as the company’s stock rose 14.96% with the market. The institutional investor held 103,068 shares of the consumer services company at the end of 2018Q2, valued at $9.85M, up from 2,834 at the end of the previous reported quarter. Gradient Investments Llc who had been investing in Lowes Cos Inc for a number of months, seems to be bullish on the $73.31 billion market cap company. The stock increased 0.69% or $0.62 during the last trading session, reaching $90.95. About 5.95 million shares traded or 14.79% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 45.36% since December 7, 2017 and is uptrending. It has outperformed by 29.74% the S&P500.

Gradient Investments Llc, which manages about $696.72 million and $1.87B US Long portfolio, decreased its stake in First Amern Finl Corp (NYSE:FAF) by 156,363 shares to 1,004 shares, valued at $52,000 in 2018Q2, according to the filing. It also reduced its holding in Brinker Intl Inc (NYSE:EAT) by 247,274 shares in the quarter, leaving it with 584 shares, and cut its stake in Leggett & Platt Inc (NYSE:LEG).

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Benzinga.com which released: “Lowe’s Companies, Inc. (NYSE:LOW) – Lowe’s Q3 Earnings Preview – Benzinga” on November 19, 2018, also Seekingalpha.com with their article: “BAML preaches patience on Lowe’s – Seeking Alpha” published on November 20, 2018, Seekingalpha.com published: “Lowe’s Reports Earnings In Bear Market Territory – Seeking Alpha” on November 20, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: Marketwatch.com and their article: “Mogu’s stock falls in NYSE debut after IPO priced at low end of expected range – MarketWatch” published on December 06, 2018 as well as Schaeffersresearch.com‘s news article titled: “Analysts, Options Traders Take Aim at HD and LOW Stocks – Schaeffers Research” with publication date: November 12, 2018.

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

Among 14 analysts covering Lowe’s Companies (NYSE:LOW), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Lowe’s Companies had 22 analyst reports since July 24, 2018 according to SRatingsIntel. Stifel Nicolaus downgraded it to “Hold” rating and $92 target in Wednesday, November 21 report. The firm has “Outperform” rating given on Thursday, August 23 by Wells Fargo. Wedbush maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Monday, October 15. Wedbush has “Neutral” rating and $115 target. As per Tuesday, July 24, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Morgan Stanley on Thursday, October 11 with “Overweight”. Citigroup maintained Lowe's Companies, Inc. (NYSE:LOW) on Thursday, August 23 with “Neutral” rating. UBS maintained Lowe's Companies, Inc. (NYSE:LOW) on Thursday, August 23 with “Buy” rating. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Overweight” rating given on Tuesday, October 23 by Morgan Stanley. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Overweight” rating given on Wednesday, November 21 by KeyBanc Capital Markets. On Thursday, August 23 the stock rating was maintained by Bank of America with “Buy”.

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

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