Putnam Fl Investment Management Co Cut Holding in Lowe’s Companies (LOW) by $1.57 Million as Market Valuation Declined; Page Arthur B Increased Its Holding in Chevron (CVX) as Market Valuation Rose

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

Page Arthur B increased its stake in Chevron (CVX) by 120.78% based on its latest 2018Q3 regulatory filing with the SEC. Page Arthur B bought 4,360 shares as the company’s stock rose 0.40% while stock markets declined. The institutional investor held 7,970 shares of the integrated oil company at the end of 2018Q3, valued at $975,000, up from 3,610 at the end of the previous reported quarter. Page Arthur B who had been investing in Chevron for a number of months, seems to be bullish on the $224.67 billion market cap company. The stock decreased 0.55% or $0.65 during the last trading session, reaching $117.58. About 5.67M shares traded. Chevron Corporation (NYSE:CVX) has declined 3.92% since February 9, 2018 and is downtrending. It has underperformed by 3.92% the S&P500. Some Historical CVX News: 26/03/2018 – CHEVRON: NEW TAX LAW MAKES U.S. MORE COMPETITIVE FOR ACTIVITY; 18/04/2018 – Daily Caller: Venezuela Imprisons Chevron Executives In Further Crackdown On Oil Producers; 12/04/2018 – IENOVA SAYS IN STORAGE, DELIVERY DEAL WITH CHEVRON COMBUSTIBLES; 04/04/2018 – Cal EMA Spills: SPILL Report – Chevron – 04/04/2018 12:46 PM; 05/03/2018 – EXCLUSIVE-CHEVRON’S OPTIONS ALSO INCLUDE SELLING A STAKE TO FINANCIAL PARTNERS SUCH AS CANADIAN PENSION FUNDS; 06/03/2018 – CHEVRON SEES PROCEEDS FROM ASSET SALES OF $5 BLN — $10 BLN THROUGH 2020 – PRESENTATION; 06/03/2018 – The Edge Markets: Chevron in talks to sell stake in Canada LNG project – sources – The Edge Markets; 27/04/2018 – Chevron Blows Through All Profit Forecasts Amid Crude Rally; 18/05/2018 – AMYRIS INC – NOVVI LLC AND CHEVRON ENTERED INTO AGREEMENT TO JOINTLY DEVELOP AND BRING TO MARKET NOVEL RENEWABLE BASE OIL TECHNOLOGIES; 05/03/2018 Cal EMA Spills: SPILL Report – Chevron – 03/05/2018 06:59 AM

Putnam Fl Investment Management Co decreased its stake in Lowe’s Companies Inc. (LOW) by 7.75% based on its latest 2018Q3 regulatory filing with the SEC. Putnam Fl Investment Management Co sold 13,755 shares as the company’s stock declined 20.43% with the market. The institutional investor held 163,806 shares of the consumer services company at the end of 2018Q3, valued at $18.81M, down from 177,561 at the end of the previous reported quarter. Putnam Fl Investment Management Co who had been investing in Lowe’s Companies Inc. for a number of months, seems to be less bullish one the $78.02 billion market cap company. The stock increased 0.30% or $0.29 during the last trading session, reaching $97.17. About 6.22 million shares traded or 21.00% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 6.94% since February 9, 2018 and is uptrending. It has outperformed by 6.94% the S&P500. Some Historical LOW News: 24/04/2018 – Lowe’s Bond Trading 4x Average; Clients Net Sellers; 23/05/2018 – Lowe’s 1Q EPS $1.19; 26/03/2018 – LOWE’S COMPANIES INC LOW.N SAYS CEO, CHAIRMAN OF THE BOARD AND PRESIDENT ROBERT A. NIBLOCK TO RETIRE; 12/03/2018 – LCI Industries Announces Retirement of John B. Lowe, Jr. From Bd of Directors; 18/05/2018 – Lowe’s Closes Above 200-Day Moving Average: Technicals; 23/05/2018 – Lowe’s, Target, and Tiffany are making headlines this morning; 05/04/2018 – LOWE’S COMPANIES INC LOW.N : UBS ADDS TO MOST PREFERRED LIST US CONSUMER DISCRETIONARY EQUITY PREFERENCES; 26/03/2018 – Lowe’s: Robert A. Niblock to Retire Upon Appointment of Successor; 06/03/2018 – RBA’S LOWE SAYS HARD TO IGNORE INTERNATIONL TAX COMPETITION, BUT NEED TO HAVE FISCAL DISCIPLINE; 16/04/2018 – A.O. Smith to Supply More Than 20 Branded Water-Treatment Products to Lowe’s

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on February, 27. They expect $0.80 earnings per share, up 8.11% or $0.06 from last year’s $0.74 per share. LOW’s profit will be $642.36 million for 30.37 P/E if the $0.80 EPS becomes a reality. After $1.04 actual earnings per share reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts -23.08% negative EPS growth.

Investors sentiment increased to 0.82 in 2018 Q3. Its up 0.06, from 0.76 in 2018Q2. It is positive, as 31 investors sold LOW shares while 504 reduced holdings. 134 funds opened positions while 307 raised stakes. 571.05 million shares or 1.78% less from 581.37 million shares in 2018Q2 were reported. Motco owns 1,633 shares for 0.02% of their portfolio. Huntington National Bank & Trust holds 183,073 shares or 0.33% of its portfolio. Connecticut-based Sustainable Growth Advisers Ltd Partnership has invested 2.21% in Lowe's Companies, Inc. (NYSE:LOW). King Luther Mgmt Corp reported 67,593 shares stake. Ccm Invest Advisers Limited Liability Co owns 0.1% invested in Lowe's Companies, Inc. (NYSE:LOW) for 4,562 shares. Registered Advisor holds 15,860 shares or 0.96% of its portfolio. Amf Pensionsforsakring reported 0.87% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Sentinel Lba reported 0.05% in Lowe's Companies, Inc. (NYSE:LOW). Livforsakringsbolaget Skandia Omsesidigt holds 14,702 shares. Naples Global Advsr Limited Liability Corp holds 0.07% or 2,617 shares. Webster State Bank N A holds 5,878 shares or 0.09% of its portfolio. Toth Advisory Corporation has invested 0.02% in Lowe's Companies, Inc. (NYSE:LOW). First National Trust holds 17,851 shares or 0.21% of its portfolio. Pittenger Anderson holds 0.55% in Lowe's Companies, Inc. (NYSE:LOW) or 60,775 shares. Cardinal Cap reported 1.59% in Lowe's Companies, Inc. (NYSE:LOW).

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Seekingalpha.com which released: “Better Buy: Home Depot Or Lowe’s – Seeking Alpha” on January 16, 2019, also Investorplace.com with their article: “How Low Can Ford Stock Go? – Investorplace.com” published on January 22, 2019, Cnbc.com published: “IPO markets pick up when volatility is low, says NYSE president – CNBC” on January 24, 2019. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: Seekingalpha.com and their article: “Buy Lowe’s On The Selloff? Nope – Seeking Alpha” published on January 14, 2019 as well as Seekingalpha.com‘s news article titled: “Disney Earnings Preview: Bullish Into Low Expectations – Seeking Alpha” with publication date: February 02, 2019.

Among 38 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 23 have Buy rating, 0 Sell and 15 Hold. Therefore 61% are positive. Lowe’s Companies Inc. had 126 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was downgraded by Telsey Advisory Group to “Market Perform” on Thursday, November 17. The firm has “Neutral” rating by Credit Suisse given on Wednesday, October 17. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Hold” rating given on Wednesday, February 28 by Piper Jaffray. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Market Perform” rating given on Thursday, December 8 by Telsey Advisory Group. The firm earned “Buy” rating on Thursday, November 19 by Argus Research. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, July 24. Morgan Stanley maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Thursday, August 24. Morgan Stanley has “Overweight” rating and $81 target. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Hold” rating by SunTrust on Wednesday, November 22. On Tuesday, November 7 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Buy” rating by Citigroup on Tuesday, October 23.

Putnam Fl Investment Management Co, which manages about $1.28B and $1.09 billion US Long portfolio, upped its stake in Amgen Inc. (NASDAQ:AMGN) by 17,482 shares to 20,784 shares, valued at $4.31 million in 2018Q3, according to the filing. It also increased its holding in Schwab International Equity Et (SCHF) by 26,634 shares in the quarter, for a total of 309,419 shares, and has risen its stake in Marsh & Mclennan (NYSE:MMC).

Since August 24, 2018, it had 2 buys, and 1 sale for $893,828 activity. WARDELL LISA W had bought 273 shares worth $29,407. Another trade for 15,735 shares valued at $1.80 million was made by CROOM MARSHALL A on Tuesday, September 18.

Since September 13, 2018, it had 0 buys, and 5 insider sales for $3.35 million activity.

Investors sentiment increased to 1.05 in 2018 Q3. Its up 0.02, from 1.03 in 2018Q2. It increased, as 49 investors sold CVX shares while 648 reduced holdings. 121 funds opened positions while 611 raised stakes. 1.18 billion shares or 1.47% less from 1.19 billion shares in 2018Q2 were reported. Roof Eidam Maycock Adv invested in 0.55% or 9,910 shares. Bollard Grp Lc invested in 65,591 shares. New England Professional Planning Grp Inc reported 1,732 shares. Paragon Mngmt Limited reported 11,385 shares stake. Tokio Marine Asset Communications Limited reported 0.68% of its portfolio in Chevron Corporation (NYSE:CVX). South Texas Money Ltd holds 372,632 shares. Jacobs Levy Equity Mngmt Incorporated reported 0.22% in Chevron Corporation (NYSE:CVX). Pillar Pacific Capital Mngmt Llc has 63,248 shares. American National Registered Invest Advisor invested 0.89% in Chevron Corporation (NYSE:CVX). Moreover, Wills Group has 1.3% invested in Chevron Corporation (NYSE:CVX). 11,687 are held by Lau Associate Limited Liability Company. Private Wealth Partners Limited Liability Company owns 50,667 shares or 0.95% of their US portfolio. 33,937 are owned by Cap City Trust Fl. American Investment Serv owns 128,305 shares or 5.29% of their US portfolio. 114,583 were accumulated by Gamble Jones Investment Counsel.

Page Arthur B, which manages about $118.36 million US Long portfolio, decreased its stake in Mastercard (NYSE:MA) by 1,997 shares to 24,199 shares, valued at $5.39M in 2018Q3, according to the filing.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Seekingalpha.com which released: “Chevron to buy Texas refinery from Petrobras – Reuters – Seeking Alpha” on January 29, 2019, also Seekingalpha.com with their article: “Chevron sells majority stake in Brazil’s Frade field – Seeking Alpha” published on January 30, 2019, Seekingalpha.com published: “U.S. launches sanctions against Venezuela’s PDVSA oil firm – Seeking Alpha” on January 28, 2019. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Forbes.com and their article: “Chevron Will Spend $10B On Quick Yield Wells So Where From Here For Its Share Price – Forbes” published on January 16, 2019 as well as Fool.com‘s news article titled: “Will Chevron Raise Its Dividend in 2019? – The Motley Fool” with publication date: January 19, 2019.

Among 37 analysts covering Chevron Corporation (NYSE:CVX), 29 have Buy rating, 0 Sell and 8 Hold. Therefore 78% are positive. Chevron Corporation had 134 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Chevron Corporation (NYSE:CVX) earned “Outperform” rating by Cowen & Co on Tuesday, December 15. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Wednesday, December 16 by Argus Research. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, March 9. The firm earned “Hold” rating on Thursday, January 4 by Bank of America. The stock of Chevron Corporation (NYSE:CVX) earned “Hold” rating by HSBC on Tuesday, January 10. Bank of America upgraded it to “Neutral” rating and $100 target in Monday, August 24 report. The company was maintained on Monday, April 30 by Barclays Capital. The stock of Chevron Corporation (NYSE:CVX) earned “Buy” rating by Jefferies on Wednesday, April 12. On Tuesday, November 1 the stock rating was upgraded by Morgan Stanley to “Overweight”. BMO Capital Markets downgraded the stock to “Market Perform” rating in Wednesday, October 18 report.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart