Advyzon Investment Management LLC Invests $288,000 in Lowe's Companies, Inc. (NYSE:LOW)

Advyzon Investment Management LLC bought a new position in Lowe's Companies, Inc. (NYSE:LOW - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,168 shares of the home improvement retailer's stock, valued at approximately $288,000.

Other large investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC bought a new position in Lowe's Companies in the third quarter worth about $27,000. IFS Advisors LLC acquired a new stake in shares of Lowe's Companies in the fourth quarter valued at approximately $25,000. JNBA Financial Advisors increased its stake in shares of Lowe's Companies by 555.6% in the third quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer's stock valued at $32,000 after purchasing an additional 100 shares during the period. Winch Advisory Services LLC increased its stake in shares of Lowe's Companies by 56.4% in the fourth 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 period. Finally, MFA Wealth Advisors LLC increased its stake in shares of Lowe's Companies by 118.6% in the third quarter. MFA Wealth Advisors LLC now owns 129 shares of the home improvement retailer's stock valued at $35,000 after purchasing an additional 70 shares during the period. Institutional investors own 74.06% of the company's stock.

Wall Street Analysts Forecast Growth

LOW has been the topic of a number of research analyst reports. Guggenheim reiterated a "buy" rating and set a $300.00 price objective on shares of Lowe's Companies in a research note on Thursday, December 12th. Barclays raised their price objective on shares of Lowe's Companies from $229.00 to $245.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 20th. TD Cowen raised their price objective on shares of Lowe's Companies from $270.00 to $290.00 and gave the company a "hold" rating in a research note on Monday, October 28th. StockNews.com upgraded shares of Lowe's Companies from a "hold" rating to a "buy" rating in a research note on Friday, January 17th. Finally, Wedbush reiterated a "neutral" rating and set a $250.00 price objective on shares of Lowe's Companies in a research note on Thursday, December 12th. Ten equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $282.96.

Insider Buying and Selling at Lowe's Companies

In other Lowe's Companies news, EVP Quonta D. Vance sold 7,198 shares of Lowe's Companies 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 completion of the sale, the executive vice president now owns 16,703 shares of the company's stock, valued at $4,582,802.11. This trade represents a 30.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.26% of the company's stock.

Lowe's Companies Price Performance

Lowe's Companies stock traded down $7.49 during midday trading on Friday, reaching $238.93. The stock had a trading volume of 3,164,519 shares, compared to its average volume of 2,187,527. The firm's fifty day simple moving average is $253.77 and its two-hundred day simple moving average is $258.57. The firm 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 twelve month low of $211.80 and a twelve month high of $287.01.

About Lowe's Companies

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.