Citizens National Bank Trust Department Acquires 91 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Citizens National Bank Trust Department increased its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 0.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,356 shares of the home improvement retailer’s stock after purchasing an additional 91 shares during the period. Lowe’s Companies makes up about 1.4% of Citizens National Bank Trust Department’s holdings, making the stock its 22nd biggest holding. Citizens National Bank Trust Department’s holdings in Lowe’s Companies were worth $6,751,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in LOW. Summit Place Financial Advisors LLC grew its stake in shares of Lowe’s Companies by 2.8% during the third quarter. Summit Place Financial Advisors LLC now owns 1,375 shares of the home improvement retailer’s stock valued at $372,000 after buying an additional 37 shares during the last quarter. Klingenstein Fields & Co. LP increased its stake in Lowe’s Companies by 1.0% in the 4th quarter. Klingenstein Fields & Co. LP now owns 4,101 shares of the home improvement retailer’s stock worth $1,012,000 after purchasing an additional 39 shares during the period. Mitchell Mcleod Pugh & Williams Inc. lifted its position in Lowe’s Companies by 0.5% in the third quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 7,460 shares of the home improvement retailer’s stock valued at $2,021,000 after purchasing an additional 40 shares during the last quarter. Saxony Capital Management LLC lifted its position in Lowe’s Companies by 4.2% in the fourth quarter. Saxony Capital Management LLC now owns 994 shares of the home improvement retailer’s stock valued at $245,000 after purchasing an additional 40 shares during the last quarter. Finally, Powers Advisory Group LLC boosted its stake in shares of Lowe’s Companies by 2.7% during the fourth quarter. Powers Advisory Group LLC now owns 1,541 shares of the home improvement retailer’s stock valued at $380,000 after purchasing an additional 40 shares during the period. Institutional investors own 74.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on LOW shares. Barclays lifted their target price on shares of Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th. Stifel Nicolaus upped their price objective on shares of Lowe’s Companies from $265.00 to $270.00 and gave the company a “hold” rating in a research note on Wednesday, December 11th. Truist Financial increased their target price on shares of Lowe’s Companies from $307.00 to $308.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Wells Fargo & Company boosted their price target on Lowe’s Companies from $280.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $305.00 price objective on shares of Lowe’s Companies in a report on Thursday, December 12th. Ten equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $282.96.

Insider Buying and Selling

In other news, EVP Quonta D. Vance sold 7,198 shares of the company’s 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 in the company, valued at approximately $4,582,802.11. This represents a 30.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.26% of the stock is currently owned by company insiders.

Lowe’s Companies Trading Down 1.7 %

Lowe’s Companies stock opened at $246.49 on Thursday. Lowe’s Companies, Inc. has a 12 month low of $211.80 and a 12 month high of $287.01. The company has a market capitalization of $139.18 billion, a price-to-earnings ratio of 20.56, a price-to-earnings-growth ratio of 1.99 and a beta of 1.11. The business’s fifty day simple moving average is $254.11 and its two-hundred day simple moving average is $258.65.

About Lowe’s Companies

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.