Crestwood Advisors Group LLC Acquires 65 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Crestwood Advisors Group LLC lifted its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 0.7% in the fourth quarter, Holdings Channel reports. The fund owned 8,800 shares of the home improvement retailer’s stock after purchasing an additional 65 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Lowe’s Companies were worth $2,172,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. IFS Advisors LLC bought a new position in Lowe’s Companies during the fourth quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new position in shares of Lowe’s Companies during the 3rd quarter worth about $27,000. Winch Advisory Services LLC grew its holdings 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 valued at $30,000 after purchasing an additional 44 shares during the last quarter. Marshall Investment Management LLC purchased a new stake in Lowe’s Companies in the 4th quarter worth about $31,000. Finally, JNBA Financial Advisors raised its position in Lowe’s Companies by 555.6% in the 3rd quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock worth $32,000 after purchasing an additional 100 shares during the period. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Trading Down 1.1 %

Shares of NYSE:LOW opened at $236.66 on Tuesday. The company has a market capitalization of $133.63 billion, a PE ratio of 19.74, a P/E/G ratio of 1.96 and a beta of 1.11. Lowe’s Companies, Inc. has a 12-month low of $211.80 and a 12-month high of $287.01. The business’s fifty day simple moving average is $252.84 and its 200-day simple moving average is $258.90.

Insider Activity at Lowe’s Companies

In other Lowe’s Companies news, EVP Quonta D. Vance sold 7,198 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 16,703 shares of the company’s stock, valued at approximately $4,582,802.11. This represents a 30.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

LOW has been the topic of a number of analyst reports. Stifel Nicolaus upped their target price on Lowe’s Companies from $265.00 to $270.00 and gave the company a “hold” rating in a research note on Wednesday, December 11th. StockNews.com upgraded Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Barclays increased their target price on 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. DA Davidson boosted their target price on shares of Lowe’s Companies from $240.00 to $270.00 and gave the company a “neutral” rating in a research note on Wednesday, November 20th. Finally, Evercore ISI raised their price target on shares of Lowe’s Companies from $270.00 to $290.00 and gave the stock an “in-line” rating in a research note on Thursday, December 12th. Ten investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $282.96.

Lowe’s Companies 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.