D-E Shaw & Company INC Stake in Lowes Cos INC (LOW) Increased by $503.53 Million

November 10, 2018 - By Glen Chin

Lowe's Companies, Inc. (NYSE:LOW) Corporate LogoBig Money Sentiment decreased to 0.76 in Q2 2018. It has change of 0.05, from 2018Q1’s 0.81. The ratio worsened due to LOW positioning: 60 sold and 496 reduced. 128 funds amassed positions and 294 increased positions. Investors holded 587.47 million in 2018Q1 but now own 581.37 million shares or 1.04% less. Arrowgrass Cap Prtn (Us) Lp reported 10,377 shs. Advisor Partners holds 0.34% in Lowe's Companies, Inc. (NYSE:LOW) or 20,916 shs. Intersect Capital Llc holds 2,115 shs or 0.1% of its capital. Fulton National Bank & Trust Na invested in 14,253 shs. Pettyjohn Wood & White Incorporated accumulated 0.09% or 2,780 shs. Liberty Capital Inc holds 0.41% or 7,397 shs. Baldwin Mngmt Limited Liability Corp holds 0.42% or 14,025 shs. Tower Bridge Advisors holds 0% of its capital in Lowe's Companies, Inc. (NYSE:LOW) for 33,677 shs. Teachers Retirement Of The State Of Kentucky has invested 0.29% in Lowe's Companies, Inc. (NYSE:LOW). Greenwood Assocs Ltd Liability Corporation has invested 1.22% in Lowe's Companies, Inc. (NYSE:LOW). Private Tru Com Na holds 39,300 shs. Quantbot Lp invested in 125,137 shs or 0.81% of the stock. Eventide Asset Management Lc has 2.24% invested in Lowe's Companies, Inc. (NYSE:LOW). Mgmt Associate New York accumulated 6,500 shs or 0.78% of the stock. Front Barnett Limited Com owns 176,192 shs.

LOW registered $3.00 million net activity with 1 buy and 2 insider sales since June 8, 2018. $29,407 worth of Lowe's Companies, Inc. (NYSE:LOW) was bought by WARDELL LISA W on Friday, August 24. CROOM MARSHALL A had sold 15,735 shs worth $1.80 million on Tuesday, September 18.

The holdings In Lowes Cos Inc (LOW) was rose owned by D-E Shaw & Company Inc. According to 2018Q2 Securities and Exchange filling the reduction is 153.23%. The company’s stock rose 14.96% with the market as D-E Shaw & Company Inc bought 5.30M shares. The consumer services company announced $837.14 million value for the 2018Q2. Now the hedge fund is holding 8.76 million shares, compared to the 3.46M from the previous quarter. $78.52 billion is Lowes Cos Inc’s market cap. Ticker’s shares touched $96.82 during the last trading session after 2.66% change.Lowe's Companies, Inc. has 5.19M shares volume, 2.61% up from normal. LOW is uptrending and has moved 45.36% since November 10, 2017. LOW outperformed the S&P 500 by 29.74%.

About $81.36B and $76.66B US Long portfolio D-E Shaw & Company Inc operates. Its stake in Pepsico Inc (Call) (NYSE:PEP) was decreased by 27,800 shares to 38,700 shares valued at $4.21 million in 2018Q2, according to the filing. For a total of 186,200 shares it reduced its holding in Lowes Cos Inc (Call) (NYSE:LOW) by 3.27 million shares in the quarter, and has cut its stake in Nxp Semiconductors N V (Put) (NASDAQ:NXPI).

For more Lowe's Companies, Inc. (NYSE:LOW) news posted briefly go to: Seekingalpha.com, Benzinga.com, Seekingalpha.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “Lowe’s Store Closings A Wise Move” posted on November 06, 2018, “Credit Suisse Downgrades Home Depot, Lowe’s On Reduced Upside Projections” on October 17, 2018, “Floor & Decor And Lumber Liquidators Are Two Undervalued Specialty Retail Names” with a publish date: November 08, 2018, “Lowe’s: This Dividend Growth Stock Looks Attractive” and the last “Citi Is A Believer In Lowe’s Turnaround Plan: ‘We Think The Stock Has Upside From Here'” with publication date: October 23, 2018.

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

A total of 15 analysts rate Lowe’s (NYSE:LOW) as follows: 12 “Buy”, 3 “Hold” and 0 “Sell”. Š¢herefore 80% are bullish. (NYSE:LOW) has 21 ratings reports on 10 Nov 2018 according to StockzIntelligence. The stock rating was downgraded by Gordon Haskett to “Hold” on Thursday, November 8. On Tuesday, July 24 the firm has “Overweight” rating given by KeyBanc Capital Markets. On Tuesday, October 23 the stock of Lowe's Companies, Inc. (NYSE:LOW) has “Buy” rating given by Citigroup. The stock rating was maintained by Wells Fargo with “Outperform” on Thursday, August 23. On Friday, September 28 the firm earned “Buy” rating by SunTrust. The company rating was maintained by Robert W. Baird on Thursday, August 23. On Thursday, May 24 the firm earned “Hold” rating by Wedbush. On Tuesday, May 22 the firm earned “Buy” rating by Robert W. Baird. On Tuesday, October 23 the stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Overweight” rating by Morgan Stanley. On Thursday, August 23 the rating was maintained by Citigroup with “Neutral”.

Lowe's Companies, Inc. (NYSE:LOW) Institutional Investors Chart

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