First Republic Investment Management Has Boosted Bhp Billiton Plc (BBL) Position; Incline Global Management Decreased By $21.88 Million Its Lowes Cos (LOW) Stake

June 14, 2018 - By Marie Mckinney

BHP Billiton plc (NYSE:BBL) Logo

Incline Global Management Llc decreased Lowes Cos Inc (LOW) stake by 39.19% reported in 2018Q1 SEC filing. Incline Global Management Llc sold 251,530 shares as Lowes Cos Inc (LOW)’s stock declined 0.84%. The Incline Global Management Llc holds 390,335 shares with $34.25 million value, down from 641,865 last quarter. Lowes Cos Inc now has $80.88 billion valuation. The stock decreased 0.36% or $0.36 during the last trading session, reaching $99.1. About 2.32M shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 18.89% since June 14, 2017 and is uptrending. It has outperformed by 6.32% the S&P500. Some Historical LOW News: ; 22/05/2018 – Head of struggling JC Penney departs for Lowe’s; 12/03/2018 – Moody’s assigns provisional ratings to Synchrony’s 2018-1 card ABS; 23/05/2018 – Ackman makes roughly $1 billion bet on Lowe’s; 13/03/2018 – NY Comptroller: Shareholders Cheer Lowe’s New Green Energy Initiatives; 23/05/2018 – LOWE’S COMPANIES INC LOW.N FY SHR VIEW $5.47, REV VIEW $71.20 BLN — THOMSON REUTERS l/B/E/S; 23/05/2018 – LOWE’S SEES FY EPS $5.40 TO $5.50; 06/03/2018 – RBA’s Lowe Reiterates `No Strong Case’ for Interest-Rate Move; 23/05/2018 – PERSHING SQUARE BUILDS ABOUT $1B STAKE IN LOWE’S: CNBC/DJ; 22/05/2018 – JC Penney CEO steps down, joins Lowe’s; 23/05/2018 – Ackman Takes Roughly $1 Billion Stake in Lowe’s -Update

First Republic Investment Management Inc increased Bhp Billiton Plc (BBL) stake by 55.09% reported in 2018Q1 SEC filing. First Republic Investment Management Inc acquired 8,296 shares as Bhp Billiton Plc (BBL)’s stock rose 3.69%. The First Republic Investment Management Inc holds 23,356 shares with $2.93 million value, up from 15,060 last quarter. Bhp Billiton Plc now has $124.11 billion valuation. The stock decreased 0.41% or $0.19 during the last trading session, reaching $46.3. About 828,435 shares traded. BHP Billiton plc (NYSE:BBL) has risen 43.70% since June 14, 2017 and is uptrending. It has outperformed by 31.13% the S&P500. Some Historical BBL News: ; 18/04/2018 – Adelaide Brighton Inks Cement Supply Deal with BHP Billiton; 15/05/2018 – BHP Can Keep Capex Below US$8 Billion Over Coming Years–CEO; 18/04/2018 – VERIS LTD VRS.AX – ENTERS INTO 3-YEAR SERVICES CONTRACT WITH BHP; 05/03/2018 – MEXICO’S STATE-RUN PEMEX TO OFFER 7 ONSHORE PROJECTS FOR JOINT VENTURES (FARMOUTS) INCLUDING 29 CRUDE, GAS BLOCKS. TERMS TO BE ANNOUNCED IN APRIL WITH RESULTS IN SEP-OCT -CEO; 06/04/2018 – BHP’s Escondida Copper Mine Ramps Up Production; 15/05/2018 – Oil Rally Aiding BHP Billiton Shale Sale, Says CEO; 27/03/2018 – MEXICO’S PEMEX EXPECTS TO INVEST BETWEEN $200-300 MLN TO EXPLORE FOR OIL AND GAS IN SHALLOW WATER PROJECTS WON AT AUCTION – EXPLORATION CHIEF; 23/03/2018 – TOKYO — The U.S. imposition of controversial import tariffs is “regrettable,” said Andrew Mackenzie, CEO of Anglo-Australian mining group BHP Billiton, warning that such action risks sparking a trade war; 12/03/2018 – WPL:BHP:WOODSIDE TO OPERATE SCARBOROUGH; 08/03/2018 – SHELL AND BLACKSTONE ARE WORKING TOGETHER ON JOINT BID FOR BHP’S ONSHORE US SHALE ASSETS- SKY NEWS

Among 2 analysts covering BHP Billiton (NYSE:BBL), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. BHP Billiton had 9 analyst reports since August 23, 2016 according to SRatingsIntel. The rating was maintained by Jefferies on Wednesday, August 23 with “Buy”. The rating was upgraded by Jefferies to “Buy” on Tuesday, August 23. Jefferies maintained the stock with “Hold” rating in Thursday, August 31 report. The stock of BHP Billiton plc (NYSE:BBL) earned “Hold” rating by Jefferies on Monday, July 10. The rating was maintained by Jefferies on Thursday, August 17 with “Hold”. The firm earned “Hold” rating on Monday, April 9 by Jefferies. The stock of BHP Billiton plc (NYSE:BBL) earned “Buy” rating by Citigroup on Wednesday, April 12. The stock of BHP Billiton plc (NYSE:BBL) earned “Hold” rating by Jefferies on Thursday, June 8. As per Wednesday, October 4, the company rating was maintained by Jefferies.

More recent BHP Billiton plc (NYSE:BBL) news were published by: Bizjournals.com which released: “Exxon Mobil reportedly growing energy trading segment” on June 12, 2018. Also Uk.Finance.Yahoo.com published the news titled: “UK stocks fall as monetary tightening spurs selloff” on June 14, 2018. Fool.ca‘s news article titled: “A Closer Look at What’s Taken Place in Commodities Markets This Year” with publication date: June 12, 2018 was also an interesting one.

First Republic Investment Management Inc decreased Spdr Gold Trust (GLD) stake by 8,833 shares to 8,719 valued at $1.10 million in 2018Q1. It also reduced Netflix Inc (NASDAQ:NFLX) stake by 1,271 shares and now owns 85,490 shares. Cerner Corp (NASDAQ:CERN) was reduced too.

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Fool.com which released: “Why Did Lowe’s Companies, Inc. Shares Gain 15% in May?” on June 12, 2018, also Nasdaq.com with their article: “3 Cheap Stocks Under $3 to Consider Now” published on June 14, 2018, Seekingalpha.com published: “Should You Buy Lowe’s At This Stage Of The Economic Cycle?” on June 12, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: Fool.com and their article: “Better Buy: Walmart vs. Lowe’s” published on June 09, 2018 as well as Fool.com‘s news article titled: “Lowe’s Springs Into Action” with publication date: June 06, 2018.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.20, from 1.01 in 2017Q4. It dived, as 72 investors sold LOW shares while 482 reduced holdings. 116 funds opened positions while 331 raised stakes. 587.47 million shares or 0.28% more from 585.84 million shares in 2017Q4 were reported. Moreover, Rosenbaum Jay D has 0.83% invested in Lowe's Companies, Inc. (NYSE:LOW) for 4,696 shares. First Fiduciary Counsel reported 4.28% stake. Advisor Prtnrs Ltd Liability Corp accumulated 18,521 shares or 0.3% of the stock. Greenwood Gearhart reported 53,863 shares stake. Suncoast Equity Mgmt owns 104,317 shares. Addenda Cap has invested 0.24% in Lowe's Companies, Inc. (NYSE:LOW). North Star Asset reported 116,497 shares. Balasa Dinverno And Foltz Ltd Llc invested 0.06% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Advisory Ser Networks Limited Liability Com reported 23,059 shares. Edgemoor Inv Incorporated has invested 4.06% in Lowe's Companies, Inc. (NYSE:LOW). Gruss Capital Mngmt L P, New York-based fund reported 875,000 shares. Regions owns 141,983 shares. Lombard Odier Asset Mgmt (Europe) has 0.05% invested in Lowe's Companies, Inc. (NYSE:LOW) for 8,288 shares. Salem Invest Counselors owns 2.59% invested in Lowe's Companies, Inc. (NYSE:LOW) for 272,413 shares. Ssi Investment holds 0.02% or 2,766 shares.

Among 37 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 24 have Buy rating, 0 Sell and 13 Hold. Therefore 65% are positive. Lowe’s Companies Inc. had 102 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, November 22 by Robert W. Baird. JP Morgan downgraded Lowe's Companies, Inc. (NYSE:LOW) on Wednesday, October 26 to “Neutral” rating. Deutsche Bank maintained the shares of LOW in report on Thursday, March 1 with “Buy” rating. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Hold” rating given on Thursday, July 20 by Jefferies. RBC Capital Markets maintained the stock with “Buy” rating in Monday, February 12 report. The firm has “Hold” rating by Piper Jaffray given on Friday, September 29. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Buy” rating by Barclays Capital on Friday, January 5. The firm earned “Hold” rating on Wednesday, November 22 by SunTrust. The stock has “Buy” rating by Credit Suisse on Monday, March 5. As per Friday, December 22, the company rating was maintained by Stifel Nicolaus.

Incline Global Management Llc increased Caesars Entmt Corp (NASDAQ:CZR) stake by 2.19M shares to 6.75 million valued at $75.98 million in 2018Q1. It also upped Middleby Corp (NASDAQ:MIDD) stake by 415,821 shares and now owns 561,821 shares. Lkq Corp (NASDAQ:LKQ) was raised too.

Since June 8, 2018, it had 0 insider purchases, and 1 insider sale for $1.23 million activity. Another trade for 12,362 shares valued at $1.23 million was made by Hollifield Matthew V on Friday, June 8.

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on August, 22. They expect $2.01 earnings per share, up 28.03% or $0.44 from last year’s $1.57 per share. LOW’s profit will be $1.64B for 12.33 P/E if the $2.01 EPS becomes a reality. After $1.19 actual earnings per share reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts 68.91% EPS growth.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Marie Mckinney

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: