180 Wealth Advisors LLC Sells 96 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

180 Wealth Advisors LLC lowered its position in Lowe’s Companies, Inc. (NYSE:LOW) by 4.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,199 shares of the home improvement retailer’s stock after selling 96 shares during the period. 180 Wealth Advisors LLC’s holdings in Lowe’s Companies were worth $543,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Graves Light Lenhart Wealth Inc. lifted its position in shares of Lowe’s Companies by 155.2% in the fourth quarter. Graves Light Lenhart Wealth Inc. now owns 3,603 shares of the home improvement retailer’s stock valued at $889,000 after acquiring an additional 2,191 shares in the last quarter. Johnson & White Wealth Management LLC purchased a new stake in shares of Lowe’s Companies during the fourth quarter worth about $214,000. Grandview Asset Management LLC bought a new stake in Lowe’s Companies during the 4th quarter valued at approximately $642,000. Ellenbecker Investment Group lifted its holdings in Lowe’s Companies by 6.3% in the 4th quarter. Ellenbecker Investment Group now owns 1,110 shares of the home improvement retailer’s stock worth $274,000 after purchasing an additional 66 shares in the last quarter. Finally, BCS Wealth Management bought a new position in Lowe’s Companies in the 4th quarter worth approximately $476,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on LOW shares. Melius Research initiated coverage on shares of Lowe’s Companies in a research report on Monday, September 23rd. They set a “buy” rating and a $290.00 price objective on the stock. Oppenheimer raised shares of Lowe’s Companies from a “market perform” rating to an “outperform” rating and raised their target price for the company from $230.00 to $305.00 in a research note on Tuesday, September 24th. Stifel Nicolaus boosted their price target on shares of Lowe’s Companies from $265.00 to $270.00 and gave the stock a “hold” rating in a research note on Wednesday, December 11th. Wedbush reissued a “neutral” rating and set a $250.00 price objective on shares of Lowe’s Companies in a report on Thursday, December 12th. Finally, Barclays lifted their target price on Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 20th. Eleven equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $280.85.

Insider Buying and Selling

In other Lowe’s Companies news, EVP Quonta D. Vance sold 7,198 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $274.37, for a total value of $1,974,915.26. Following the sale, the executive vice president now owns 16,703 shares in the company, valued at $4,582,802.11. This trade represents a 30.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.26% of the stock is owned by corporate insiders.

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $251.30 on Wednesday. The firm has a market capitalization of $141.90 billion, a P/E ratio of 20.96, a price-to-earnings-growth ratio of 2.20 and a beta of 1.11. Lowe’s Companies, Inc. has a 1-year low of $209.55 and a 1-year high of $287.01. The company’s 50-day moving average is $260.54 and its 200 day moving average is $253.93.

Lowe’s Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Wednesday, January 22nd will be issued a $1.15 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $4.60 annualized dividend and a dividend yield of 1.83%. Lowe’s Companies’s payout ratio is 38.37%.

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.