Integral Investment Advisors Inc. Purchases 331 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Integral Investment Advisors Inc. lifted its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 9.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,682 shares of the home improvement retailer’s stock after purchasing an additional 331 shares during the period. Integral Investment Advisors Inc.’s holdings in Lowe’s Companies were worth $819,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of LOW. Hamilton Capital LLC raised its holdings in shares of Lowe’s Companies by 2.1% in the 3rd quarter. Hamilton Capital LLC now owns 2,439 shares of the home improvement retailer’s stock valued at $507,000 after buying an additional 49 shares during the period. Abundance Wealth Counselors lifted its position in shares of Lowe’s Companies by 0.8% during the 4th quarter. Abundance Wealth Counselors now owns 6,671 shares of the home improvement retailer’s stock worth $1,485,000 after purchasing an additional 50 shares during the last quarter. YHB Investment Advisors Inc. increased its holdings in shares of Lowe’s Companies by 0.6% in the 4th quarter. YHB Investment Advisors Inc. now owns 9,013 shares of the home improvement retailer’s stock valued at $2,006,000 after acquiring an additional 50 shares during the last quarter. Mather Group LLC. raised its position in shares of Lowe’s Companies by 2.8% during the 1st quarter. Mather Group LLC. now owns 1,939 shares of the home improvement retailer’s stock worth $392,000 after acquiring an additional 52 shares in the last quarter. Finally, Thomasville National Bank lifted its stake in Lowe’s Companies by 0.4% during the fourth quarter. Thomasville National Bank now owns 11,803 shares of the home improvement retailer’s stock worth $2,627,000 after purchasing an additional 52 shares during the last quarter. 74.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on LOW. Oppenheimer restated a “market perform” rating and issued a $230.00 price objective on shares of Lowe’s Companies in a research note on Monday, March 4th. UBS Group raised their price target on Lowe’s Companies from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. Royal Bank of Canada increased their target price on Lowe’s Companies from $190.00 to $246.00 and gave the company a “sector perform” rating in a report on Wednesday, February 28th. StockNews.com downgraded Lowe’s Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, February 28th. Finally, Morgan Stanley lifted their price target on shares of Lowe’s Companies from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, February 28th. Fifteen equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $252.52.

Lowe’s Companies Trading Down 0.1 %

LOW traded down $0.16 on Thursday, hitting $228.70. 1,172,063 shares of the company’s stock were exchanged, compared to its average volume of 2,540,383. The stock has a fifty day moving average of $239.29 and a two-hundred day moving average of $218.38. Lowe’s Companies, Inc. has a twelve month low of $181.85 and a twelve month high of $262.49. The firm has a market cap of $130.86 billion, a PE ratio of 17.39, a P/E/G ratio of 1.69 and a beta of 1.13.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Tuesday, February 27th. The home improvement retailer reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.09. The business had revenue of $18.60 billion for the quarter, compared to analysts’ expectations of $18.47 billion. Lowe’s Companies had a negative return on equity of 51.42% and a net margin of 8.94%. The business’s quarterly revenue was down 17.1% on a year-over-year basis. During the same period in the prior year, the firm earned $2.28 EPS. On average, analysts predict that Lowe’s Companies, Inc. will post 12.21 EPS for the current year.

Lowe’s Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 8th. Shareholders of record on Wednesday, April 24th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Tuesday, April 23rd. Lowe’s Companies’s payout ratio is 33.43%.

Lowe’s Companies Company 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.