Bryn Mawr Capital Management LLC Has $6.11 Million Stock Holdings in Lowe’s Companies, Inc. (NYSE:LOW)

Bryn Mawr Capital Management LLC boosted its position in Lowe’s Companies, Inc. (NYSE:LOW) by 0.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 27,433 shares of the home improvement retailer’s stock after purchasing an additional 115 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Lowe’s Companies were worth $6,105,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wetzel Investment Advisors Inc. acquired a new stake in shares of Lowe’s Companies in the fourth quarter valued at approximately $25,000. Orion Capital Management LLC acquired a new stake in Lowe’s Companies during the 3rd quarter valued at $26,000. VisionPoint Advisory Group LLC boosted its position in Lowe’s Companies by 85.4% during the third quarter. VisionPoint Advisory Group LLC now owns 152 shares of the home improvement retailer’s stock worth $32,000 after purchasing an additional 70 shares during the period. Itau Unibanco Holding S.A. bought a new position in Lowe’s Companies during the third quarter worth $40,000. Finally, McGlone Suttner Wealth Management Inc. acquired a new position in shares of Lowe’s Companies in the fourth quarter valued at $47,000. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Trading Down 0.0 %

LOW opened at $229.87 on Friday. The company’s 50 day moving average is $239.98 and its 200-day moving average is $219.70. Lowe’s Companies, Inc. has a 1-year low of $181.85 and a 1-year high of $262.49. The company has a market cap of $131.53 billion, a P/E ratio of 17.47, a PEG ratio of 1.70 and a beta of 1.13.

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

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 8th. Investors of record on Wednesday, April 24th will be given a dividend of $1.10 per share. The ex-dividend date is Tuesday, April 23rd. This represents a $4.40 annualized dividend and a yield of 1.91%. Lowe’s Companies’s dividend payout ratio is presently 33.43%.

Analyst Ratings Changes

LOW has been the subject of several research analyst reports. Mizuho began coverage on shares of Lowe’s Companies in a report on Tuesday, March 19th. They set a “buy” rating and a $280.00 target price for the company. Evercore ISI dropped their price target on Lowe’s Companies from $280.00 to $275.00 and set an “in-line” rating for the company in a report on Tuesday, April 16th. Wedbush lifted their target price on Lowe’s Companies from $215.00 to $250.00 and gave the stock a “neutral” rating in a report on Wednesday, February 28th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $230.00 price target on shares of Lowe’s Companies in a research report on Wednesday, March 27th. Finally, Barclays raised their price target on shares of Lowe’s Companies from $203.00 to $229.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 4th. Fifteen research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $252.52.

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.