Transamerica Financial Advisors INC Has Lowered Its Stake in Lowes Cos INC (LOW) by $7.15 Million

January 19, 2018 - By Marguerite Chambers

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.01, from 1.03 in 2017Q2. It increased, as 76 investors sold LOW shares while 406 reduced holdings. 115 funds opened positions while 384 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. Financial Counselors Inc stated it has 0.06% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). 29,770 were accumulated by Patten Patten Tn. Menta Cap Ltd Limited Liability Company reported 0.13% stake. Wedge Mngmt L Limited Partnership Nc stated it has 0.14% in Lowe's Companies, Inc. (NYSE:LOW). First Financial In reported 0.18% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Texas-based Sather Grp has invested 0.13% in Lowe's Companies, Inc. (NYSE:LOW). Cim Invest Mangement Inc stated it has 7,642 shares. 49,375 are owned by Salem. Mirae Asset Global Limited stated it has 0.08% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Old National National Bank In, a Indiana-based fund reported 17,079 shares. Optimum Advisors reported 0.21% in Lowe's Companies, Inc. (NYSE:LOW). Neuberger Berman Group Inc Limited Co stated it has 0.11% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Cibc Comml Bank Usa accumulated 20,852 shares. Asset Mngmt One Com Limited invested 0.26% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). 42,797 are held by Bragg.

Since September 19, 2017, it had 0 insider buys, and 2 selling transactions for $778,532 activity. On Tuesday, September 19 Ramsay Paul D sold $163,675 worth of Lowe's Companies, Inc. (NYSE:LOW) or 2,098 shares.

Transamerica Financial Advisors Inc decreased its stake in Lowes Cos Inc (LOW) by 99.99% based on its latest 2017Q3 regulatory filing with the SEC. Transamerica Financial Advisors Inc sold 21,474 shares as the company’s stock rose 10.23% with the market. The institutional investor held 3 shares of the consumer services company at the end of 2017Q3, valued at $1,000, down from 21,477 at the end of the previous reported quarter. Transamerica Financial Advisors Inc who had been investing in Lowes Cos Inc for a number of months, seems to be less bullish one the $84.11 billion market cap company. The stock decreased 0.31% or $0.32 during the last trading session, reaching $101.36. About 5.96 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since January 19, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Transamerica Financial Advisors Inc, which manages about $4.09 billion and $809.11M US Long portfolio, upped its stake in Spdr Series Trust (JNK) by 261,734 shares to 477,283 shares, valued at $17.81 million in 2017Q3, according to the filing.

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on March, 7. They expect $0.86 EPS, 0.00 % or $0.00 from last year’s $0.86 per share. LOW’s profit will be $713.60 million for 29.47 P/E if the $0.86 EPS becomes a reality. After $1.05 actual EPS reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts -18.10 % negative EPS growth.

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Seekingalpha.com which released: “Barclays sees employee bonuses flowing right into Lowe’s stores” on January 05, 2018, also Streetinsider.com with their article: “Lowe’s Cos. (LOW) Appoints David H. Batchelder, Lisa W. Wardell and Brian C …” published on January 19, 2018, Fool.com published: “Forget Home Depot — Lowe’s Companies, Inc. Is a Better Dividend Growth Stock” on January 03, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: Fool.com and their article: “Why Lowe’s Companies, Inc. Stock Climbed 31% in 2017” published on January 08, 2018 as well as Seekingalpha.com‘s news article titled: “Lowe’s: Fixing What Is Not Broken” with publication date: January 15, 2018.

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

Among 33 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 19 have Buy rating, 1 Sell and 13 Hold. Therefore 58% are positive. Lowe’s Companies Inc. had 77 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, November 28 by Atlantic Securities. The firm has “Outperform” rating given on Monday, August 22 by BMO Capital Markets. The firm earned “Buy” rating on Friday, January 5 by Barclays Capital. Jefferies maintained the stock with “Hold” rating in Wednesday, August 23 report. Telsey Advisory Group maintained the shares of LOW in report on Wednesday, November 22 with “Outperform” rating. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Buy” rating given on Wednesday, August 23 by Stifel Nicolaus. Jefferies maintained it with “Hold” rating and $8900 target in Thursday, July 20 report. The stock has “Buy” rating by RBC Capital Markets on Tuesday, November 7. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Underperform” rating given on Monday, February 6 by Bernstein. The firm earned “Buy” rating on Wednesday, April 6 by Goldman Sachs.

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