Dumont Blake Investment Advisors Lowers stake in LOWES COS INC COM (LOW)

LOWES COS INC COM (LOW) : Dumont Blake Investment Advisors reduced its stake in LOWES COS INC COM by 0.68% during the most recent quarter end. The investment management company now holds a total of 50,002 shares of LOWES COS INC COM which is valued at $3,802,652 after selling 343 shares in LOWES COS INC COM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.LOWES COS INC COM makes up approximately 1.95% of Dumont Blake Investment Advisors’s portfolio.

LOWES COS INC COM opened for trading at $76.49 and hit $77.23 on the upside on Wednesday, eventually ending the session at $76.94, with a gain of 0.81% or 0.62 points. The heightened volatility saw the trading volume jump to 32,45,778 shares. Company has a market cap of $69,049 M.

Other Hedge Funds, Including , Cardinal Capital Management boosted its stake in LOW in the latest quarter, The investment management firm added 181 additional shares and now holds a total of 47,199 shares of LOWES COS INC COM which is valued at $3,589,484. LOWES COS INC COM makes up approx 1.48% of Cardinal Capital Management’s portfolio. Foster Motley Inc added LOW to its portfolio by purchasing 5,701 company shares during the most recent quarter which is valued at $433,561. LOWES COS INC COM makes up approx 0.09% of Foster Motley Inc’s portfolio.Newman Dignan Sheerar boosted its stake in LOW in the latest quarter, The investment management firm added 175 additional shares and now holds a total of 7,937 shares of LOWES COS INC COM which is valued at $613,609. LOWES COS INC COM makes up approx 0.44% of Newman Dignan Sheerar’s portfolio.

On the company’s financial health, LOWES COS INC COM reported $0.59 EPS for the quarter, based on the information available during the earnings call on Feb 24, 2016. Analyst had a consensus estimate of $0.59. The company had revenue of $13236.00 million for the quarter, compared to analysts expectations of $13071.83 million. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.

Many Wall Street Analysts have commented on LOWES COS INC COM. Barclays Initiated LOWES COS INC COM on Mar 31, 2016 to “Equal Weight”, Price Target of the shares are set at $85.

Lowe’s Companies Inc. (Lowe’s) is a home improvement retailer. As of January 30 2015 Lowe’s operated 1840 home improvement and hardware stores representing approximately 201 million square feet of retail selling space. Lowe’s is consisted of 1793 stores located across 50 states in the United States including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon as well as 37 stores in Canada and 10 stores in Mexico. It serves homeowners renters and professional customers (Pro customers). Its retail customers consisted of individual homeowners and renters complete a range of projects. The Pro customer consists of two categories: construction trades and maintenance repair and operations. The Company offers a range of products for maintenance repair remodeling and decorating.

Leave a Reply

LOWES COS INC COM - Is it time to Sell?

Top Brokerage Firms are advising their investors on LOWES COS INC COM. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.