Ausdal Financial Partners Inc. Has $625,000 Holdings in Lowe's Companies, Inc. (NYSE:LOW)

Ausdal Financial Partners Inc. lifted its holdings in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 77.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,532 shares of the home improvement retailer's stock after purchasing an additional 1,106 shares during the period. Ausdal Financial Partners Inc.'s holdings in Lowe's Companies were worth $625,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in shares of Lowe's Companies by 4.0% in the third quarter. Principal Financial Group Inc. now owns 649,601 shares of the home improvement retailer's stock valued at $175,944,000 after buying an additional 24,812 shares during the period. Miracle Mile Advisors LLC grew its holdings in shares of Lowe's Companies by 288.6% during the 4th quarter. Miracle Mile Advisors LLC now owns 19,028 shares of the home improvement retailer's stock worth $4,696,000 after purchasing an additional 14,132 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Lowe's Companies by 1.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 362,209 shares of the home improvement retailer's stock valued at $98,104,000 after buying an additional 4,435 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its stake in Lowe's Companies by 2.6% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 19,830 shares of the home improvement retailer's stock worth $4,894,000 after acquiring an additional 501 shares in the last quarter. Finally, Great Lakes Advisors LLC increased its holdings in Lowe's Companies by 1.5% during the 4th quarter. Great Lakes Advisors LLC now owns 472,838 shares of the home improvement retailer's stock valued at $116,696,000 after purchasing an additional 7,187 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company's stock.

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Lowe's Companies Trading Up 0.2 %

Shares of NYSE:LOW traded up $0.49 during trading on Tuesday, hitting $233.72. 2,212,750 shares of the company's stock traded hands, compared to its average volume of 2,421,824. The company has a 50-day moving average price of $244.40 and a 200-day moving average price of $257.09. Lowe's Companies, Inc. has a 52 week low of $211.80 and a 52 week high of $287.01. The company has a market cap of $130.82 billion, a price-to-earnings ratio of 19.49, a price-to-earnings-growth ratio of 1.96 and a beta of 1.12.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating the consensus estimate 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 analysts' expectations of $18.29 billion. On average, analysts predict that Lowe's Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe's Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be paid a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Wednesday, April 23rd. Lowe's Companies's dividend payout ratio is 37.67%.

Analysts Set New Price Targets

A number of equities analysts have commented on LOW shares. Wedbush reissued a "neutral" rating and issued a $250.00 price objective on shares of Lowe's Companies in a research note on Thursday, December 12th. Mizuho reduced their price target on shares of Lowe's Companies from $305.00 to $300.00 and set an "outperform" rating on the stock in a research report on Thursday, February 27th. Royal Bank of Canada lowered their price objective on shares of Lowe's Companies from $292.00 to $285.00 and set a "sector perform" rating for the company in a research report on Thursday, February 27th. Stifel Nicolaus upped their target price on shares of Lowe's Companies from $265.00 to $270.00 and gave the stock a "hold" rating in a research report on Wednesday, December 11th. Finally, StockNews.com raised shares of Lowe's Companies from a "hold" rating to a "buy" rating in a report on Wednesday, March 26th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $279.71.

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.