Annis Gardner Whiting Capital Advisors LLC Has $182,000 Stock Position in Lowe’s Companies, Inc. (NYSE:LOW)

Annis Gardner Whiting Capital Advisors LLC trimmed its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 11.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 819 shares of the home improvement retailer’s stock after selling 106 shares during the period. Annis Gardner Whiting Capital Advisors LLC’s holdings in Lowe’s Companies were worth $182,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Wetzel Investment Advisors Inc. acquired a new position in Lowe’s Companies during the fourth quarter valued at $25,000. Tidemark LLC acquired a new position in Lowe’s Companies in the 4th quarter worth about $27,000. Orion Capital Management LLC acquired a new position in Lowe’s Companies in the 3rd quarter worth about $26,000. Pacific Capital Wealth Advisors Inc. acquired a new position in Lowe’s Companies in the 4th quarter worth about $33,000. Finally, VisionPoint Advisory Group LLC increased its position in Lowe’s Companies by 85.4% in the 3rd 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 last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Lowe’s Companies Stock Down 0.7 %

LOW stock traded down $1.45 during midday trading on Thursday, reaching $219.68. 772,546 shares of the company’s stock traded hands, compared to its average volume of 2,428,477. The company has a 50-day simple moving average of $237.57 and a two-hundred day simple moving average of $224.71. 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 $125.70 billion, a price-to-earnings ratio of 17.57, a PEG ratio of 1.74 and a beta of 1.15.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Tuesday, May 21st. The home improvement retailer reported $3.06 EPS for the quarter, beating the consensus estimate of $2.94 by $0.12. The company had revenue of $21.36 billion during the quarter, compared to analysts’ expectations of $21.14 billion. Lowe’s Companies had a negative return on equity of 48.52% and a net margin of 8.46%. The business’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period last year, the firm earned $3.67 EPS. Equities research analysts forecast that Lowe’s Companies, Inc. will post 12.21 EPS for the current year.

Lowe’s Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 8th. Stockholders of record on Wednesday, April 24th were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, April 23rd. This represents a $4.40 annualized dividend and a dividend yield of 2.00%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 35.34%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. DA Davidson dropped their target price on Lowe’s Companies from $270.00 to $240.00 and set a “neutral” rating on the stock in a research report on Wednesday. Wells Fargo & Company upped their target price on Lowe’s Companies from $235.00 to $250.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Wedbush reaffirmed a “neutral” rating and issued a $250.00 target price on shares of Lowe’s Companies in a research report on Wednesday. Telsey Advisory Group reiterated a “market perform” rating and set a $230.00 price target on shares of Lowe’s Companies in a research note on Tuesday. Finally, Oppenheimer reiterated a “market perform” rating and set a $230.00 price target on shares of Lowe’s Companies in a research note on Monday, March 4th. Fourteen investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Lowe’s Companies currently has an average rating of “Hold” and a consensus target price of $251.33.

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.