Aull & Monroe Investment Management Corp Sells 1,100 Shares of Lowe's Companies, Inc. (NYSE:LOW)

Aull & Monroe Investment Management Corp cut its stake in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 14.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,325 shares of the home improvement retailer's stock after selling 1,100 shares during the quarter. Aull & Monroe Investment Management Corp's holdings in Lowe's Companies were worth $1,561,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Legacy Investment Solutions LLC bought a new position in shares of Lowe's Companies in the third quarter valued at $27,000. IFS Advisors LLC bought a new position in shares of Lowe's Companies in the fourth quarter valued at $25,000. Marshall Investment Management LLC bought a new position in shares of Lowe's Companies in the fourth quarter valued at $31,000. JNBA Financial Advisors lifted 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 buying an additional 100 shares in the last quarter. Finally, Winch Advisory Services LLC lifted 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 buying an additional 44 shares in the last quarter. 74.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on LOW shares. Royal Bank of Canada dropped their price target on shares of Lowe's Companies from $292.00 to $285.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 27th. Wedbush reissued a "neutral" rating and set a $250.00 price target on shares of Lowe's Companies in a research report on Thursday, December 12th. Bank of America dropped their price target on shares of Lowe's Companies from $305.00 to $290.00 and set a "buy" rating on the stock in a research report on Thursday, February 27th. Telsey Advisory Group reissued an "outperform" rating and set a $305.00 price target on shares of Lowe's Companies in a research report on Wednesday, February 26th. Finally, StockNews.com raised shares of Lowe's Companies from a "hold" rating to a "buy" rating in a research report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $280.83.

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Lowe's Companies Price Performance

Shares of LOW traded down $0.66 during trading hours on Friday, hitting $242.84. The company's stock had a trading volume of 2,570,569 shares, compared to its average volume of 2,282,015. The company has a market cap of $137.12 billion, a price-to-earnings ratio of 20.25, a PEG ratio of 1.96 and a beta of 1.12. The business has a 50 day simple moving average of $251.90 and a two-hundred day simple moving average of $259.25. Lowe's Companies, Inc. has a 52-week low of $211.80 and a 52-week high of $287.01.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The home improvement retailer reported $1.93 EPS for the quarter, beating analysts' consensus estimates of $1.83 by $0.10. Lowe's Companies had a net margin of 8.19% and a negative return on equity of 47.55%. The company had revenue of $18.55 billion during the quarter, compared to analyst estimates of $18.29 billion. Research analysts predict that Lowe's Companies, Inc. will post 11.9 earnings per share for the current year.

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.