Donald L. Hagan LLC lowered its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,579 shares of the home improvement retailer’s stock after selling 628 shares during the quarter. Lowe’s Companies accounts for about 1.0% of Donald L. Hagan LLC’s portfolio, making the stock its 29th largest position. Donald L. Hagan LLC’s holdings in Lowe’s Companies were worth $1,086,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of LOW. SRS Capital Advisors Inc. increased its holdings in Lowe’s Companies by 0.4% in the first quarter. SRS Capital Advisors Inc. now owns 1,236 shares of the home improvement retailer’s stock valued at $101,000 after buying an additional 5 shares during the last quarter. Harbour Capital Advisors LLC purchased a new position in Lowe’s Companies in the first quarter valued at $103,000. Atlantic Trust LLC purchased a new position in Lowe’s Companies in the second quarter valued at $105,000. State of Alaska Department of Revenue increased its holdings in Lowe’s Companies by 8.3% in the second quarter. State of Alaska Department of Revenue now owns 1,440 shares of the home improvement retailer’s stock valued at $111,000 after buying an additional 110 shares during the last quarter. Finally, Balentine LLC purchased a new position in Lowe’s Companies in the first quarter valued at $120,000. 73.29% of the stock is currently owned by institutional investors and hedge funds.

In other news, insider Paul D. Ramsay sold 2,098 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $78.02, for a total transaction of $163,685.96. Following the completion of the sale, the insider now owns 8,400 shares in the company, valued at $655,368. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Nelson B. Peace sold 3,352 shares of the stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $80.20, for a total transaction of $268,830.40. Following the sale, the insider now owns 4,650 shares of the company’s stock, valued at approximately $372,930. The disclosure for this sale can be found here. Insiders have sold 13,303 shares of company stock valued at $1,047,406 in the last quarter. Insiders own 0.11% of the company’s stock.

Several equities analysts recently commented on LOW shares. Deutsche Bank reissued a “buy” rating and issued a $90.00 target price (up previously from $85.00) on shares of Lowe’s Companies in a report on Friday, October 6th. Longbow Research reissued a “buy” rating and issued a $95.00 target price on shares of Lowe’s Companies in a report on Monday, August 14th. Zacks Investment Research lowered Lowe’s Companies from a “hold” rating to a “sell” rating in a report on Monday, August 28th. Credit Suisse Group reissued an “outperform” rating and issued a $94.00 target price on shares of Lowe’s Companies in a report on Monday, August 21st. They noted that the move was a valuation call. Finally, Royal Bank Of Canada set a $81.00 target price on Lowe’s Companies and gave the company a “buy” rating in a report on Monday, October 30th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and sixteen have assigned a buy rating to the company. Lowe’s Companies has an average rating of “Hold” and an average target price of $87.40.

Lowe’s Companies, Inc. (LOW) traded down $1.73 during midday trading on Wednesday, reaching $86.31. 9,665,900 shares of the company’s stock traded hands, compared to its average volume of 5,924,166. The company has a quick ratio of 0.12, a current ratio of 1.02 and a debt-to-equity ratio of 2.71. Lowe’s Companies, Inc. has a one year low of $70.49 and a one year high of $88.55. The firm has a market capitalization of $73,161.24, a P/E ratio of 19.52, a PEG ratio of 1.41 and a beta of 1.15.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Tuesday, November 21st. The home improvement retailer reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.03. Lowe’s Companies had a net margin of 5.16% and a return on equity of 66.27%. The business had revenue of $16.77 billion during the quarter, compared to the consensus estimate of $16.59 billion. During the same quarter in the prior year, the firm earned $0.88 earnings per share. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. sell-side analysts anticipate that Lowe’s Companies, Inc. will post 4.51 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 7th. Stockholders of record on Wednesday, January 24th will be paid a dividend of $0.41 per share. The ex-dividend date is Tuesday, January 23rd. This represents a $1.64 annualized dividend and a dividend yield of 1.90%. Lowe’s Companies’s dividend payout ratio (DPR) is 39.33%.

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About Lowe’s Companies

Lowe’s Companies, Inc (Lowe’s) is a home improvement company. The Company operates approximately 2,370 home improvement and hardware stores. The Company offers a range of products for maintenance, repair, remodeling and decorating. The Company offers home improvement products in categories, including Lumber and Building Materials; Tools and Hardware; Appliances; Fashion Fixtures; Rough Plumbing and Electrical; Lawn and Garden; Seasonal and Outdoor Living; Paint; Flooring; Millwork, and Kitchens.

Institutional Ownership by Quarter for Lowe`s Companies (NYSE:LOW)

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