As Lowes Cos Com (LOW) Share Price Declined, Shareholder Beck Mack & Oliver Trimmed by $905,096 Its Position; Leucadia National Holding in Nxp Semiconductors N V (NXPI) Has Upped by $2.72 Million as Stock Price Rose

April 17, 2018 - By Adrian Erickson

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

Beck Mack & Oliver Llc decreased its stake in Lowes Cos Inc Com (LOW) by 3.19% based on its latest 2017Q4 regulatory filing with the SEC. Beck Mack & Oliver Llc sold 9,838 shares as the company’s stock declined 5.74% with the market. The institutional investor held 299,044 shares of the consumer services company at the end of 2017Q4, valued at $27.79M, down from 308,882 at the end of the previous reported quarter. Beck Mack & Oliver Llc who had been investing in Lowes Cos Inc Com for a number of months, seems to be less bullish one the $71.42B market cap company. The stock increased 0.50% or $0.43 during the last trading session, reaching $86.49. About 2.32M shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.39% since April 17, 2017 and is uptrending. It has underperformed by 6.16% the S&P500.

Ian Cumming increased its stake in Nxp Semiconductors N V (NXPI) by 9.36% based on its latest 2017Q4 regulatory filing with the SEC. Leucadia National Corp bought 23,267 shares as the company’s stock rose 4.13% while stock markets declined. The hedge fund run by Ian Cumming held 271,967 shares of the semiconductors company at the end of 2017Q4, valued at $31.85M, up from 248,700 at the end of the previous reported quarter. Leucadia National Corp who had been investing in Nxp Semiconductors N V for a number of months, seems to be bullish on the $39.04B market cap company. The stock increased 0.68% or $0.77 during the last trading session, reaching $113.6. About 1.83 million shares traded. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 17.73% since April 17, 2017 and is uptrending. It has outperformed by 6.18% the S&P500.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.03, from 1.04 in 2017Q3. It dropped, as 48 investors sold LOW shares while 437 reduced holdings. 138 funds opened positions while 351 raised stakes. 585.84 million shares or 0.67% less from 589.78 million shares in 2017Q3 were reported. Pcj Invest Counsel holds 0.12% in Lowe's Companies, Inc. (NYSE:LOW) or 19,560 shares. 19,496 are owned by First National. Tiaa Cref Investment Lc, a New York-based fund reported 4.61 million shares. The New York-based Gabelli Funds Lc has invested 0.05% in Lowe's Companies, Inc. (NYSE:LOW). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0.18% or 222,069 shares. Palisade Asset Mngmt Limited Liability holds 0.13% or 9,090 shares in its portfolio. Intact Investment Mgmt invested in 0.03% or 8,900 shares. Franklin Street Advsrs Nc owns 5,048 shares. Saturna Cap Corp reported 411,217 shares or 1.17% of all its holdings. Greenlight Incorporated invested in 68,100 shares. Cullinan Associate has invested 1.03% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Banced Corporation invested in 7,728 shares. 1.18M were reported by Prudential Fincl. 3,201 are held by Vident Invest Advisory Limited Liability Corp. Moreover, Jackson Wealth Mgmt Lc has 0.46% invested in Lowe's Companies, Inc. (NYSE:LOW).

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on May, 23. They expect $1.29 earnings per share, up 25.24% or $0.26 from last year’s $1.03 per share. LOW’s profit will be $1.07 billion for 16.76 P/E if the $1.29 EPS becomes a reality. After $0.74 actual earnings per share reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts 74.32% EPS growth.

Among 35 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 22 have Buy rating, 0 Sell and 13 Hold. Therefore 63% are positive. Lowe’s Companies Inc. had 97 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was downgraded by Atlantic Securities on Tuesday, November 28 to “Neutral”. Citigroup upgraded the shares of LOW in report on Friday, May 20 to “Buy” rating. SunTrust maintained Lowe's Companies, Inc. (NYSE:LOW) on Thursday, March 1 with “Hold” rating. The rating was maintained by Piper Jaffray with “Hold” on Wednesday, February 28. Credit Suisse maintained the stock with “Buy” rating in Tuesday, January 16 report. RBC Capital Markets maintained the shares of LOW in report on Wednesday, July 5 with “Buy” rating. Piper Jaffray maintained the shares of LOW in report on Wednesday, November 22 with “Hold” rating. RBC Capital Markets maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Tuesday, November 7. RBC Capital Markets has “Buy” rating and $84.0 target. Credit Suisse maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Thursday, August 24. Credit Suisse has “Outperform” rating and $83 target. On Wednesday, October 26 the stock rating was downgraded by JP Morgan to “Neutral”.

Beck Mack & Oliver Llc, which manages about $5.32 billion and $3.05B US Long portfolio, upped its stake in Radnet Inc Com (NASDAQ:RDNT) by 133,515 shares to 352,916 shares, valued at $3.56 million in 2017Q4, according to the filing. It also increased its holding in Enterprise Prods Partners Lp (NYSE:EPD) by 724,406 shares in the quarter, for a total of 1.63 million shares, and has risen its stake in Centurylink Inc Com (NYSE:CTL).

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 8 have Buy rating, 1 Sell and 19 Hold. Therefore 29% are positive. NXP Semiconductors NV had 67 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Friday, November 3. Mizuho maintained it with “Hold” rating and $11000 target in Thursday, August 3 report. The firm has “Outperform” rating by FBR Capital given on Wednesday, November 18. The rating was initiated by Morgan Stanley with “Overweight” on Monday, October 12. Goldman Sachs initiated the stock with “Neutral” rating in Wednesday, February 3 report. The stock has “Outperform” rating by BMO Capital Markets on Friday, October 30. The firm has “Hold” rating given on Wednesday, September 6 by KeyBanc Capital Markets. Bank of America downgraded NXP Semiconductors N.V. (NASDAQ:NXPI) on Monday, June 27 to “Neutral” rating. Suntrust Robinson downgraded the shares of NXPI in report on Friday, October 28 to “Hold” rating. As per Thursday, March 15, the company rating was maintained by Deutsche Bank.

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

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