$1.09 EPS Expected for Extra Space Storage Inc. (EXR); National Asset Management Has Cut By $400,737 Its Lowes Cos (LOW) Position

April 22, 2018 - By Migdalia James

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

National Asset Management Inc decreased Lowes Cos Inc (LOW) stake by 32.75% reported in 2017Q4 SEC filing. National Asset Management Inc sold 4,309 shares as Lowes Cos Inc (LOW)’s stock declined 5.74%. The National Asset Management Inc holds 8,850 shares with $824,000 value, down from 13,159 last quarter. Lowes Cos Inc now has $69.05B valuation. The stock decreased 1.48% or $1.26 during the last trading session, reaching $83.62. About 7.57 million shares traded or 3.88% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.39% since April 22, 2017 and is uptrending. It has underperformed by 6.16% the S&P500.

Analysts expect Extra Space Storage Inc. (NYSE:EXR) to report $1.09 EPS on May, 1 after the close.They anticipate $0.06 EPS change or 5.83% from last quarter’s $1.03 EPS. EXR’s profit would be $143.59 million giving it 19.75 P/E if the $1.09 EPS is correct. After having $1.12 EPS previously, Extra Space Storage Inc.’s analysts see -2.68% EPS growth. The stock decreased 1.50% or $1.31 during the last trading session, reaching $86.09. About 738,808 shares traded. Extra Space Storage Inc. (NYSE:EXR) has risen 14.89% since April 22, 2017 and is uptrending. It has outperformed by 3.34% the S&P500.

National Asset Management Inc increased Cummins Inc (NYSE:CMI) stake by 2,028 shares to 3,391 valued at $600,000 in 2017Q4. It also upped Mustang Bio Inc stake by 31,326 shares and now owns 74,125 shares. Vanguard Bd Index Fd Inc (BND) was raised too.

Investors sentiment decreased to 1.01 in 2017 Q4. 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. Biondo Investment Limited Liability holds 48,971 shares. Crawford Counsel Inc owns 9,214 shares. Hyman Charles D, a Florida-based fund reported 4,455 shares. Stephens Ar stated it has 135,383 shares. 1,200 are held by Mercer Advisers Incorporated. Amica Pension Fund Board Of Trustees, Rhode Island-based fund reported 37,409 shares. Baker Avenue Asset Limited Partnership reported 0.16% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Farmers Merchants Invs accumulated 181,506 shares or 1.23% of the stock. Spark Management Ltd Liability Co holds 0.17% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 33,600 shares. Glenhill Advsrs Ltd Company has 677,151 shares. Umb National Bank & Trust N A Mo stated it has 21,554 shares. 4,505 were reported by Strategic Advsrs Lc. Parallax Volatility Advisers LP stated it has 57,382 shares or 0.01% of all its holdings. Guggenheim Capital stated it has 0.16% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). 2,924 are held by Evermay Wealth Lc.

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. has $127 highest and $66 lowest target. $99’s average target is 18.39% above currents $83.62 stock price. Lowe’s Companies Inc. had 97 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, July 18. The rating was maintained by Piper Jaffray on Wednesday, November 22 with “Hold”. The firm has “Buy” rating by RBC Capital Markets given on Friday, February 2. The firm has “Hold” rating by Piper Jaffray given on Friday, September 29. The firm has “Buy” rating given on Monday, October 30 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, November 19 by Argus Research. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, July 5 report. The company was initiated on Tuesday, May 24 by Topeka Capital Markets. The rating was maintained by Oppenheimer with “Buy” on Wednesday, August 23. The rating was maintained by Telsey Advisory Group on Thursday, December 8 with “Market Perform”.

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on May, 23. They expect $1.29 EPS, up 25.24% or $0.26 from last year’s $1.03 per share. LOW’s profit will be $1.07B for 16.21 P/E if the $1.29 EPS becomes a reality. After $0.74 actual EPS reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts 74.32% EPS growth.

Among 16 analysts covering Extra Space Storage Inc. (NYSE:EXR), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Extra Space Storage Inc. had 54 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was upgraded by Raymond James on Friday, November 13 to “Strong Buy”. Evercore maintained it with “Hold” rating and $72 target in Tuesday, September 8 report. The firm has “Hold” rating by Cantor Fitzgerald given on Wednesday, February 21. Jefferies maintained Extra Space Storage Inc. (NYSE:EXR) on Tuesday, May 31 with “Buy” rating. BMO Capital Markets upgraded Extra Space Storage Inc. (NYSE:EXR) rating on Thursday, August 13. BMO Capital Markets has “Outperform” rating and $85 target. Jefferies maintained Extra Space Storage Inc. (NYSE:EXR) rating on Monday, August 14. Jefferies has “Hold” rating and $8000 target. Jefferies maintained Extra Space Storage Inc. (NYSE:EXR) rating on Wednesday, August 5. Jefferies has “Buy” rating and $85 target. The stock of Extra Space Storage Inc. (NYSE:EXR) earned “Hold” rating by RBC Capital Markets on Wednesday, June 7. BMO Capital Markets maintained Extra Space Storage Inc. (NYSE:EXR) on Thursday, March 23 with “Hold” rating. The firm earned “Buy” rating on Friday, April 13 by Robert W. Baird.

Since January 17, 2018, it had 0 insider purchases, and 8 sales for $5.47 million activity. OVERTURF JAMES sold 880 shares worth $71,826. Woolley Kenneth M. also sold $189,739 worth of Extra Space Storage Inc. (NYSE:EXR) on Thursday, March 1. 9,250 shares valued at $792,978 were sold by Stubbs P Scott on Thursday, March 15. Olmstead Diane had sold 1,436 shares worth $124,983 on Monday, February 26.

Investors sentiment increased to 1.2 in Q4 2017. Its up 0.01, from 1.19 in 2017Q3. It increased, as 26 investors sold Extra Space Storage Inc. shares while 125 reduced holdings. 62 funds opened positions while 119 raised stakes. 128.58 million shares or 2.03% less from 131.25 million shares in 2017Q3 were reported. Louisiana State Employees Retirement System has 0.03% invested in Extra Space Storage Inc. (NYSE:EXR). Loudon Invest Management Limited Liability Com reported 0.81% in Extra Space Storage Inc. (NYSE:EXR). Germany-based Deutsche Retail Bank Ag has invested 0.16% in Extra Space Storage Inc. (NYSE:EXR). Kbc Gru Nv holds 0.02% in Extra Space Storage Inc. (NYSE:EXR) or 26,761 shares. North Star Investment Corporation holds 29 shares. Moreover, Aviva Public Ltd Co has 0.12% invested in Extra Space Storage Inc. (NYSE:EXR). Security Capital Research & Mgmt Incorporated holds 140,455 shares. Moreover, Clearbridge Invs Ltd Liability Co has 0% invested in Extra Space Storage Inc. (NYSE:EXR) for 8,295 shares. The Washington-based Coldstream Capital Mngmt has invested 0.09% in Extra Space Storage Inc. (NYSE:EXR). Profund Advsrs Limited Liability invested in 6,467 shares or 0.02% of the stock. Ameriprise Fincl has 241,298 shares. Amica Pension Fund Board Of Trustees reported 0.05% stake. Natl Bank Of Montreal Can stated it has 48,402 shares. Gp One Trading Ltd Partnership holds 0% of its portfolio in Extra Space Storage Inc. (NYSE:EXR) for 400 shares. Millennium Management Ltd Com holds 29,760 shares.

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. The company has market cap of $11.34 billion. As of September 30, 2017, the Company owned and/or operated 1,513 self-storage stores in 38 states, Washington, D.C. and Puerto Rico. It has a 22.87 P/E ratio. The Company's stores comprise approximately 1,030,000 units and approximately 114 million square feet of rentable space.

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

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