Hantz Financial Services Inc. Sells 635 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Hantz Financial Services Inc. reduced its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 2.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,652 shares of the home improvement retailer’s stock after selling 635 shares during the quarter. Hantz Financial Services Inc.’s holdings in Lowe’s Companies were worth $8,573,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. StoneX Group Inc. bought a new position in shares of Lowe’s Companies in the third quarter worth approximately $2,713,000. HM Payson & Co. lifted its position in Lowe’s Companies by 1.1% in the 3rd quarter. HM Payson & Co. now owns 215,651 shares of the home improvement retailer’s stock valued at $58,409,000 after acquiring an additional 2,322 shares in the last quarter. Daymark Wealth Partners LLC boosted its stake in Lowe’s Companies by 12.7% during the 2nd quarter. Daymark Wealth Partners LLC now owns 25,569 shares of the home improvement retailer’s stock valued at $5,637,000 after purchasing an additional 2,889 shares during the last quarter. AMF Tjanstepension AB increased its holdings in shares of Lowe’s Companies by 14.4% in the 3rd quarter. AMF Tjanstepension AB now owns 159,742 shares of the home improvement retailer’s stock worth $43,290,000 after purchasing an additional 20,123 shares in the last quarter. Finally, Claro Advisors LLC raised its stake in shares of Lowe’s Companies by 2,246.3% in the third quarter. Claro Advisors LLC now owns 40,521 shares of the home improvement retailer’s stock worth $10,975,000 after purchasing an additional 38,794 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on LOW. Telsey Advisory Group reaffirmed an “outperform” rating and set a $305.00 price objective on shares of Lowe’s Companies in a research report on Tuesday, November 19th. DA Davidson boosted their price objective on shares of Lowe’s Companies from $240.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. dropped their target price on shares of Lowe’s Companies from $272.00 to $270.00 and set an “overweight” rating on the stock in a report on Wednesday, August 21st. Truist Financial boosted their target price on shares of Lowe’s Companies from $307.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Morgan Stanley raised their price target on Lowe’s Companies from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 21st. Ten investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $277.92.

Lowe’s Companies Trading Down 0.3 %

NYSE LOW opened at $272.43 on Friday. Lowe’s Companies, Inc. has a 12 month low of $196.32 and a 12 month high of $287.01. The stock has a market cap of $154.55 billion, a PE ratio of 22.72, a P/E/G ratio of 2.29 and a beta of 1.10. The stock’s 50 day moving average is $270.29 and its 200 day moving average is $246.13.

Insider Activity

In other Lowe’s Companies news, CAO Dan Clayton Griggs, Jr. sold 6,769 shares of Lowe’s Companies stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $248.82, for a total value of $1,684,262.58. Following the sale, the chief accounting officer now owns 9,383 shares of the company’s stock, valued at $2,334,678.06. The trade was a 41.91 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Quonta D. Vance sold 7,198 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $274.37, for a total value of $1,974,915.26. Following the transaction, the executive vice president now owns 16,703 shares of the company’s stock, valued at $4,582,802.11. This represents a 30.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,697 shares of company stock worth $5,214,586 over the last quarter. Insiders own 0.26% of the company’s stock.

Lowe’s Companies 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.