RPG Investment Advisory LLC Sells 283 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

RPG Investment Advisory LLC lessened its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,502 shares of the home improvement retailer’s stock after selling 283 shares during the quarter. RPG Investment Advisory LLC’s holdings in Lowe’s Companies were worth $6,787,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. IFS Advisors LLC bought a new position in Lowe’s Companies during the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC bought a new position in Lowe’s Companies during the 3rd quarter worth approximately $27,000. Winch Advisory Services LLC boosted its stake in Lowe’s Companies by 56.4% during the 4th quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock worth $30,000 after acquiring an additional 44 shares during the last quarter. Marshall Investment Management LLC bought a new position in Lowe’s Companies during the 4th quarter worth approximately $31,000. Finally, JNBA Financial Advisors boosted its stake in Lowe’s Companies by 555.6% during the 3rd quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock worth $32,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Trading Down 3.0 %

Shares of LOW opened at $238.93 on Monday. The company has a market cap of $134.91 billion, a price-to-earnings ratio of 19.93, a PEG ratio of 1.96 and a beta of 1.11. Lowe’s Companies, Inc. has a 1-year low of $211.80 and a 1-year high of $287.01. The company’s fifty day simple moving average is $253.31 and its 200 day simple moving average is $258.90.

Insider Buying and Selling

In related news, EVP Quonta D. Vance sold 7,198 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $274.37, for a total transaction of $1,974,915.26. Following the transaction, the executive vice president now directly owns 16,703 shares in the company, valued at approximately $4,582,802.11. The trade was a 30.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th. Sanford C. Bernstein lifted their price objective on shares of Lowe’s Companies from $301.00 to $304.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. StockNews.com upgraded shares of Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Stifel Nicolaus raised their target price on shares of Lowe’s Companies from $265.00 to $270.00 and gave the stock a “hold” rating in a report on Wednesday, December 11th. Finally, Guggenheim restated a “buy” rating and set a $300.00 target price on shares of Lowe’s Companies in a report on Thursday, December 12th. Ten research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and a consensus target price of $282.96.

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.