Front Barnett Associates Cut Its Lowe’s Companies (LOW) Holding by $357,420; General Electric Co (GE) Shareholder Hayek Kallen Investment Management Decreased Stake by $478,397

May 18, 2018 - By Adrian Mccoy

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Front Barnett Associates Llc decreased its stake in Lowe’s Companies Inc (LOW) by 2.19% based on its latest 2017Q4 regulatory filing with the SEC. Front Barnett Associates Llc sold 3,885 shares as the company’s stock declined 5.74% with the market. The institutional investor held 173,830 shares of the consumer services company at the end of 2017Q4, valued at $16.16M, down from 177,715 at the end of the previous reported quarter. Front Barnett Associates Llc who had been investing in Lowe’s Companies Inc for a number of months, seems to be less bullish one the $71.49B market cap company. The stock increased 1.29% or $1.105 during the last trading session, reaching $86.575. About 788,444 shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.39% since May 18, 2017 and is uptrending. It has underperformed by 6.16% the S&P500.




Hayek Kallen Investment Management decreased its stake in General Electric Co (GE) by 19.24% based on its latest 2017Q4 regulatory filing with the SEC. Hayek Kallen Investment Management sold 28,141 shares as the company’s stock declined 23.20% with the market. The institutional investor held 118,158 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.06 million, down from 146,299 at the end of the previous reported quarter. Hayek Kallen Investment Management who had been investing in General Electric Co for a number of months, seems to be less bullish one the $130.80B market cap company. The stock increased 0.20% or $0.03 during the last trading session, reaching $15.06. About 7.22M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 18, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Globenewswire.com which released: “Investigation Relating to 401(k) Plan of Lowe’s Companies, Inc. (NYSE:LOW) Announced by Stull, Stull & Brody” on May 12, 2018, also Nasdaq.com with their article: “Lowe’s Companies, Inc. Is Rallying — Grab Some Before the Earnings Spike” published on May 14, 2018, Seekingalpha.com published: “Lowe’s Could Easily Double Its Dividend” on May 13, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: Benzinga.com and their article: “Checking In On Agriculture With Deere & Co. Earnings Tomorrow” published on May 17, 2018 as well as Bizjournals.com‘s news article titled: “Craftsman tools now stocked in Lowe’s stores” with publication date: May 14, 2018.

Among 36 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 23 have Buy rating, 0 Sell and 13 Hold. Therefore 64% are positive. Lowe’s Companies Inc. had 98 analyst reports since August 19, 2015 according to SRatingsIntel. Telsey Advisory Group downgraded the shares of LOW in report on Thursday, November 17 to “Market Perform” rating. Stifel Nicolaus maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Friday, December 22. Stifel Nicolaus has “Buy” rating and $103.0 target. The firm has “Buy” rating by Oppenheimer given on Wednesday, August 23. Deutsche Bank maintained it with “Buy” rating and $85 target in Thursday, August 24 report. As per Wednesday, November 22, the company rating was maintained by Robert W. Baird. On Thursday, March 1 the stock rating was maintained by Wedbush with “Hold”. Argus Research maintained the stock with “Buy” rating in Thursday, November 19 report. Jefferies maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Wednesday, August 23. Jefferies has “Hold” rating and $75.0 target. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Buy” rating by RBC Capital Markets on Wednesday, July 5. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Buy” rating given on Friday, January 5 by Barclays Capital.

Investors sentiment decreased to 1.01 in 2017 Q4. Its down 0.03, from 1.04 in 2017Q3. It turned negative, 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. American Century Companies stated it has 2.31 million shares or 0.21% of all its holdings. Hanson Mcclain Inc invested in 957 shares or 0.01% of the stock. Synovus Fincl holds 0.07% or 45,470 shares in its portfolio. Moreover, Gabelli Funds Llc has 0.05% invested in Lowe's Companies, Inc. (NYSE:LOW). Salem Capital Mngmt accumulated 50,125 shares. Btim invested in 0.02% or 13,882 shares. 60,333 were accumulated by Bluemountain Cap Ltd Llc. Whittier Of Nevada Incorporated reported 0.33% in Lowe's Companies, Inc. (NYSE:LOW). Rosenbaum Jay D invested in 0.79% or 4,621 shares. Qs Invsts Ltd Liability Corporation invested in 173,696 shares. Jacobs Ca reported 3,305 shares. Finemark Bank And holds 24,194 shares or 0.14% of its portfolio. Reliance Tru Of Delaware reported 0.15% in Lowe's Companies, Inc. (NYSE:LOW). Ally has invested 0.11% in Lowe's Companies, Inc. (NYSE:LOW). Kayne Anderson Rudnick Lc reported 203,413 shares.

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on May, 23 before the open. They expect $1.24 EPS, up 20.39% or $0.21 from last year’s $1.03 per share. LOW’s profit will be $1.02B for 17.45 P/E if the $1.24 EPS becomes a reality. After $0.74 actual EPS reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts 67.57% EPS growth.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It worsened, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Carlton Hofferkamp & Jenks Wealth Mngmt accumulated 53,462 shares or 0.58% of the stock. British Columbia Mngmt holds 0.65% of its portfolio in General Electric Company (NYSE:GE) for 5.28 million shares. Rathbone Brothers Public Ltd Co has invested 0.73% in General Electric Company (NYSE:GE). Dumont & Blake Investment Limited Liability Corp, a New Jersey-based fund reported 80,394 shares. Lafayette Invests invested 0.1% of its portfolio in General Electric Company (NYSE:GE). Associated Banc reported 532,807 shares. Ontario – Canada-based Nexus Mngmt has invested 1.98% in General Electric Company (NYSE:GE). Horan Cap holds 748,039 shares. South Dakota Inv Council invested in 1.72 million shares or 0.66% of the stock. 137,422 are owned by Cypress Group Inc. 959,780 are owned by Highbridge Capital Mngmt Limited Liability Company. Weik Mngmt holds 17,975 shares or 0.15% of its portfolio. Duncker Streett reported 121,192 shares. Puzo Michael J invested 0.62% of its portfolio in General Electric Company (NYSE:GE). Anderson Hoagland Co accumulated 51,500 shares or 0.53% of the stock.

Since January 26, 2018, it had 1 buying transaction, and 0 insider sales for $43,446 activity.

Hayek Kallen Investment Management, which manages about $249.50 million and $152.41M US Long portfolio, upped its stake in Dominion Energy Inc (NYSE:D) by 26,111 shares to 33,286 shares, valued at $2.70M in 2017Q4, according to the filing.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.18 EPS, down 35.71% or $0.10 from last year’s $0.28 per share. GE’s profit will be $1.56 billion for 20.92 P/E if the $0.18 EPS becomes a reality. After $0.16 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 14 by UBS. The rating was initiated by UBS on Tuesday, January 23 with “Hold”. Vetr upgraded it to “Buy” rating and $26.28 target in Wednesday, August 26 report. On Thursday, October 5 the stock rating was maintained by Credit Suisse with “Outperform”. As per Tuesday, January 30, the company rating was maintained by Stifel Nicolaus. The company was upgraded on Friday, December 16 by Bernstein. The firm has “Buy” rating given on Wednesday, December 23 by Argus Research. Credit Suisse maintained General Electric Company (NYSE:GE) rating on Wednesday, April 12. Credit Suisse has “Buy” rating and $34 target. The stock of General Electric Company (NYSE:GE) has “Sell” rating given on Friday, May 12 by Deutsche Bank. As per Monday, October 23, the company rating was maintained by RBC Capital Markets.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “3D printing for the military at GE” on May 02, 2018, also Fool.com with their article: “5 Lessons to Learn From General Electric’s Long Slump” published on May 18, 2018, Livetradingnews.com published: “General Electric Company (NYSE:GE) Stock Worth Watching” on May 18, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric: Finally, It’s Over” published on April 23, 2018 as well as 247Wallst.com‘s news article titled: “Why General Electric Earnings Are Brightening Investors’ Morning” with publication date: April 20, 2018.

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