Dixon Hubard Feinour & Brown Inc. VA maintained its position in Lowe’s Companies, Inc. (NYSE:LOW) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,520 shares of the home improvement retailer’s stock at the end of the first quarter. Dixon Hubard Feinour & Brown Inc. VA’s holdings in Lowe’s Companies were worth $372,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Glenview Capital Management LLC acquired a new position in Lowe’s Companies during the fourth quarter valued at approximately $289,894,000. Valicenti Advisory Services Inc. raised its position in Lowe’s Companies by 5.1% in the first quarter. Valicenti Advisory Services Inc. now owns 53,675 shares of the home improvement retailer’s stock valued at $4,413,000 after buying an additional 2,625 shares during the last quarter. Norman Fields Gottscho Capital Management LLC acquired a new position in Lowe’s Companies during the first quarter valued at approximately $765,000. CMH Wealth Management LLC acquired a new position in Lowe’s Companies during the fourth quarter valued at approximately $1,419,000. Finally, Boltwood Capital Management raised its position in Lowe’s Companies by 4.9% in the first quarter. Boltwood Capital Management now owns 32,140 shares of the home improvement retailer’s stock valued at $2,642,000 after buying an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 74.54% of the company’s stock.

Lowe’s Companies, Inc. (NYSE LOW) opened at 76.43 on Tuesday. The firm has a 50-day moving average of $80.38 and a 200-day moving average of $78.55. Lowe’s Companies, Inc. has a 12-month low of $64.87 and a 12-month high of $86.25. The firm has a market cap of $64.52 billion, a P/E ratio of 23.97 and a beta of 1.08.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, May 24th. The home improvement retailer reported $1.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.06 by $0.03. The firm had revenue of $16.86 billion for the quarter, compared to the consensus estimate of $16.99 billion. Lowe’s Companies had a net margin of 4.22% and a return on equity of 56.78%. The business’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 earnings per share. On average, analysts expect that Lowe’s Companies, Inc. will post $4.62 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 9th. Stockholders of record on Wednesday, July 26th will be given a dividend of $0.41 per share. The ex-dividend date is Monday, July 24th. This is a boost from Lowe’s Companies’s previous quarterly dividend of $0.35. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.15%. Lowe’s Companies’s payout ratio is currently 44.03%.

COPYRIGHT VIOLATION WARNING: “Dixon Hubard Feinour & Brown Inc. VA Has $372,000 Stake in Lowe’s Companies, Inc. (NYSE:LOW)” was originally posted by Daily Political and is owned by of Daily Political. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright & trademark law. The original version of this piece of content can be accessed at https://www.dailypolitical.com/2017/07/18/dixon-hubard-feinour-brown-inc-va-has-372000-stake-in-lowes-companies-inc-nyselow.html.

Several research analysts recently commented on LOW shares. Jefferies Group LLC raised their price target on shares of Lowe’s Companies from $80.00 to $94.00 and gave the company a “hold” rating in a report on Friday, May 12th. Zacks Investment Research lowered shares of Lowe’s Companies from a “buy” rating to a “hold” rating in a report on Wednesday, May 3rd. Vetr upgraded shares of Lowe’s Companies from a “strong sell” rating to a “hold” rating and set a $83.11 price target on the stock in a report on Monday, April 24th. Credit Suisse Group set a $94.00 price target on shares of Lowe’s Companies and gave the company a “buy” rating in a report on Tuesday, May 2nd. Finally, BMO Capital Markets restated a “buy” rating and issued a $89.00 price target on shares of Lowe’s Companies in a report on Friday, May 5th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and fifteen have issued a buy rating to the company. Lowe’s Companies presently has an average rating of “Hold” and a consensus target price of $85.39.

In other news, insider Richard D. Maltsbarger sold 11,672 shares of the business’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $80.20, for a total transaction of $936,094.40. Following the sale, the insider now directly owns 37,716 shares in the company, valued at $3,024,823.20. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.11% of the company’s stock.

About Lowe’s Companies

Lowe’s Companies, Inc (Lowe’s) is a home improvement retailer. The Company operates approximately 1,860 home improvement and hardware stores, representing approximately 200 million square feet of retail selling space. The Company operates approximately 1,800 stores located across over 50 states in the United States, including approximately 80 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as approximately 40 stores in Canada and over 10 stores in Mexico.

Want to see what other hedge funds are holding LOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lowe’s Companies, Inc. (NYSE:LOW).

Institutional Ownership by Quarter for Lowe`s Companies (NYSE:LOW)

Receive News & Ratings for Lowe's Companies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lowe's Companies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.