Sustainable Growth Advisers LP Decreased Lowe’s Cos INC (LOW) Stake as Shares Declined

April 20, 2018 - By Arturo Altman

Lowe's Companies, Inc. (NYSE:LOW) Corporate LogoBig Money Sentiment decreased to 1.01 in Q4 2017. It has change of 0.03, from 2017Q3’s 1.04. The ratio turned negative due to LOW positioning: 48 sold and 437 reduced. 138 funds acquired positions and 351 increased positions. Investors holded 589.78 million in 2017Q3 but now own 585.84 million shares or 0.67% less. Cap Finance Advisers Limited Liability owns 0.2% invested in Lowe's Companies, Inc. (NYSE:LOW) for 266,273 shs. Blackrock Inc has 0.26% invested in Lowe's Companies, Inc. (NYSE:LOW). Oakbrook Invs Limited Liability Corporation reported 73,596 shs. The Australia-based Commonwealth Fincl Bank Of Australia has invested 0.11% in Lowe's Companies, Inc. (NYSE:LOW). Compton Cap Ri reported 39,821 shs stake. Sumitomo Mitsui Inc reported 0.29% stake. Arcadia Investment Mngmt Mi accumulated 1,993 shs or 0.05% of the stock. Ibm Retirement Fund holds 0.35% of its capital in Lowe's Companies, Inc. (NYSE:LOW) for 20,518 shs. Sigma Planning has 0.13% invested in Lowe's Companies, Inc. (NYSE:LOW) for 18,510 shs. Tru invested 0.52% of its capital in Lowe's Companies, Inc. (NYSE:LOW). Trust Co Of Virginia Va reported 19,357 shs or 0.25% of all its holdings. Ironsides Asset Advisors Ltd Llc owns 37.45% invested in Lowe's Companies, Inc. (NYSE:LOW) for 1.04 million shs. First Republic Investment Management owns 613,427 shs for 0.38% of their capital. Capital Investment Ltd Liability owns 5,977 shs or 0.04% of their US capital. Moreover, Calamos Wealth Lc has 0.26% invested in Lowe's Companies, Inc. (NYSE:LOW).

The holdings In Lowe’s Cos Inc (LOW) was reduced held by Sustainable Growth Advisers Lp. According to 2017Q4 Securities and Exchange form the reduction is 5%. By selling 190,172 shares Sustainable Growth Advisers Lp made the stock sank with 5.74%. The consumer services company announced $335.64M value for the 2017Q4. Now the institutional investor is holding 3.61 million shares, compared to the 3.80M from the previous quarter. $70.09 billion is Lowe’s Cos Inc’s MC. LOW is hitting $84.88 during the last trading session, after decreased 1.77%.Currently Lowe's Companies, Inc. is uptrending after 5.39% change in last April 20, 2017. LOW has also 5.72 million shares volume. The stock underperformed the S&P500 by 6.16%.

Sustainable Growth Advisers Lp operates about $6.01B and $8.53 billion US Long portfolio. According to a filing the fund upped its stake in Alliance Data Systems Corp (NYSE:ADS) by 80,811 shares to 743,332 shares, valued at $188.42 million in 2017Q4. Sustainable Growth Advisers Lp has risen its stake in Hdfc Bank Ltd (NYSE:HDB) and also increased its holding in Novo Nordisk A/S (NYSE:NVO) by 293,732 shares in the quarter, for a total of 3.81 million shares.

Lowe's Companies, Inc. (NYSE:LOW)’s earnings release is anticipated by WallStreet on May, 23, according to Zacks. EPS of $1.29 is 25.24 % up from 2017’s $1.03 EPS. LOW’s profit could reach $1.07B with 16.45 P/E in case $1.29 EPS is announced. 74.32 % EPS growth is what Wall Street’s predicts after $0.74 reported EPS last quarter.

Lowe's Companies, Inc. (NYSE:LOW) Ratings Coverage

A total of 22 analysts rate Lowe’s (NYSE:LOW) as follows: 15 “Buy”, 7 “Hold” and 0 “Sell”. Тherefore 68% are bullish. The firm has $127 highest and $80.0 lowest target. The avg target $104.21 is 22.77% above the last ($84.88) price. (NYSE:LOW) has 41 ratings reports on Apr 20, 2018 according to StockzIntelligence. On Wednesday, January 24 the stock has “Outperform” rating by Robert W. Baird. The stock rating was maintained by Stifel Nicolaus with “Buy” on Friday, December 22. On Tuesday, January 2 the firm has “Buy” rating given by Robert W. Baird. On Thursday, March 1 Deutsche Bank maintained Lowe's Companies, Inc. (NYSE:LOW) with “Buy” rating. In Wednesday, November 22 report KeyBanc Capital Markets maintained it with “Buy” rating and $98.0 target. In Thursday, March 1 report SunTrust maintained it with “Hold” rating and $90.0 target. On Friday, February 2 RBC Capital Markets maintained Lowe's Companies, Inc. (NYSE:LOW) rating. RBC Capital Markets has “Buy” rating and $113.0 target. On Friday, January 5 the firm has “Buy” rating by Barclays Capital given. On Wednesday, November 22 the firm earned “Outperform” rating by Telsey Advisory Group. On Wednesday, February 28 the rating was maintained by Guggenheim with “Buy”.

Lowe's Companies, Inc. (NYSE:LOW) Institutional Investors Chart

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