Associated Banc-Corp Has Cut Its Exxon Mobil (XOM) Stake, Lowes Companies (LOW) Shorts Up By 13.14%

June 20, 2017 - By Marguerite Chambers

Lowes Companies Incorporated (NYSE:LOW) had an increase of 13.14% in short interest. LOW’s SI was 8.21 million shares in June as released by FINRA. Its up 13.14% from 7.26M shares previously. With 4.59 million avg volume, 2 days are for Lowes Companies Incorporated (NYSE:LOW)’s short sellers to cover LOW’s short positions. About 635,908 shares traded. Lowe’s Companies, Inc. (NYSE:LOW) has risen 5.92% since June 20, 2016 and is uptrending. It has underperformed by 10.78% the S&P500.

Associated Banc-Corp decreased Exxon Mobil Corp (XOM) stake by 1.18% reported in 2016Q4 SEC filing. Associated Banc-Corp sold 3,740 shares as Exxon Mobil Corp (XOM)’s stock rose 0.21%. The Associated Banc-Corp holds 312,832 shares with $28.24 million value, down from 316,572 last quarter. Exxon Mobil Corp now has $342.19 billion valuation. The stock declined 1.53% or $1.27 reaching $81.47 per share. About 3.29M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since June 20, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.

Since March 3, 2017, it had 0 insider buys, and 8 insider sales for $44.98 million activity. $36.24M worth of Lowe’s Companies, Inc. (NYSE:LOW) was sold by NIBLOCK ROBERT A on Monday, March 6. Peace Nelson B sold $290,089 worth of stock or 3,568 shares. Maltsbarger Richard D also sold $936,115 worth of Lowe’s Companies, Inc. (NYSE:LOW) on Tuesday, May 30. 9,299 shares were sold by Hollifield Matthew V, worth $753,162. Another trade for 12,700 shares valued at $1.04 million was made by CROOM MARSHALL A on Thursday, March 30. 23,023 shares were sold by Ramsay Paul D, worth $1.83 million on Tuesday, May 30. Shares for $1.41M were sold by DAMRON RICKY D on Saturday, April 1.

Among 20 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Lowe’s Companies Inc. had 35 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 earned “Neutral” rating on Monday, October 31 by PiperJaffray. The stock has “Hold” rating by Jefferies on Friday, May 13. The rating was maintained by Argus Research with “Buy” on Thursday, November 19. S&P Research maintained the stock with “Hold” rating in Wednesday, August 19 report. As per Wednesday, October 26, the company rating was downgraded by JP Morgan. The rating was upgraded by Zelman to “Buy” on Thursday, November 19. The rating was maintained by Goldman Sachs on Wednesday, April 6 with “Buy”. The company was downgraded on Monday, October 31 by Piper Jaffray. The company was maintained on Wednesday, August 19 by Cantor Fitzgerald.

Lowe’s Companies, Inc. is a home improvement retailer. The company has market cap of $69.59 billion. The Firm operates approximately 1,860 home improvement and hardware stores, representing approximately 200 million square feet of retail selling space. It has a 25.44 P/E ratio. The Firm operates approximately 1,800 stores located across over 50 states in the United States, including approximately 80 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as approximately 40 stores in Canada and over 10 stores in Mexico.

Investors sentiment decreased to 0.84 in 2016 Q4. Its down 0.09, from 0.93 in 2016Q3. It dived, as 87 investors sold Lowe’s Companies, Inc. shares while 444 reduced holdings. 103 funds opened positions while 341 raised stakes. 627.42 million shares or 0.25% less from 629.02 million shares in 2016Q3 were reported. Kcg Holdings holds 25,670 shares. Eagle Asset Management reported 0.01% of its portfolio in Lowe’s Companies, Inc. (NYSE:LOW). Los Angeles Capital Mgmt And Equity holds 764,109 shares. Ny State Common Retirement Fund invested in 2.72 million shares. Riggs Asset Managment Co reported 306 shares or 0.01% of all its holdings. Moreover, Private Com Na has 0.62% invested in Lowe’s Companies, Inc. (NYSE:LOW). American Ins Tx holds 240,370 shares or 0.99% of its portfolio. Rothschild Corporation Il stated it has 0.23% of its portfolio in Lowe’s Companies, Inc. (NYSE:LOW). Woodmont Inv Counsel Ltd invested in 4,392 shares. Jefferies Gp Limited Liability owns 211,125 shares. The New York-based Tiaa Cref Inv Mgmt Ltd Liability Co has invested 0.21% in Lowe’s Companies, Inc. (NYSE:LOW). Virginia-based Redmond Asset Mgmt Limited Co has invested 0.37% in Lowe’s Companies, Inc. (NYSE:LOW). Meritage Gru L P holds 0.06% in Lowe’s Companies, Inc. (NYSE:LOW) or 30,320 shares. Bridgewater Associates L P owns 19,200 shares for 0.01% of their portfolio. Clearbridge Ltd Liability reported 1.15 million shares.

Among 22 analysts covering Exxon Mobil (NYSE:XOM), 8 have Buy rating, 5 Sell and 9 Hold. Therefore 36% are positive. Exxon Mobil had 48 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Monday, May 1 by BMO Capital Markets. Goldman Sachs maintained Exxon Mobil Corporation (NYSE:XOM) on Friday, March 18 with “Conviction Buy” rating. As per Thursday, March 2, the company rating was upgraded by Credit Suisse. Barclays Capital upgraded the shares of XOM in report on Monday, October 12 to “Equal-Weight” rating. The firm earned “Equal Weight” rating on Tuesday, January 12 by Barclays Capital. The rating was initiated by BMO Capital Markets on Friday, December 2 with “Market Perform”. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Underperform” rating by Credit Suisse on Monday, May 2. On Thursday, May 11 the stock rating was upgraded by Bank of America to “Buy”. Hilliard Lyons initiated the shares of XOM in report on Wednesday, June 7 with “Long-Term Buy” rating. Macquarie Research initiated the stock with “Underperform” rating in Wednesday, September 23 report.

Investors sentiment decreased to 0.83 in 2016 Q4. Its down 0.04, from 0.87 in 2016Q3. It dropped, as 58 investors sold XOM shares while 851 reduced holdings. 104 funds opened positions while 652 raised stakes. 2.08 billion shares or 2.44% more from 2.03 billion shares in 2016Q3 were reported. Citizens Northern Corp owns 34,570 shares for 2.36% of their portfolio. Amica Pension Fund Board Of Trustees reported 154,039 shares stake. Fidelity National Finance stated it has 135,120 shares. Drexel Morgan And Company has 25,120 shares. Keeley Asset Management has invested 0.02% in Exxon Mobil Corporation (NYSE:XOM). Mastrapasqua Asset reported 1.21% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Ironwood Inv Management Limited Company stated it has 0.8% in Exxon Mobil Corporation (NYSE:XOM). Saturna Cap reported 7,943 shares. Washington Cap Incorporated holds 25,480 shares or 2.83% of its portfolio. Cetera Advsrs Ltd holds 1.01% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 149,035 shares. Hall Laurie J Trustee accumulated 66,242 shares or 3.74% of the stock. Horan Capital Advisors Limited Com accumulated 16,778 shares. Df Dent And Inc holds 0.05% or 21,046 shares in its portfolio. Baldwin Brothers Ma reported 101,568 shares. Tompkins accumulated 80,664 shares.

Associated Banc-Corp increased Synchrony Finl (NYSE:SYF) stake by 11,920 shares to 62,272 valued at $2.26M in 2016Q4. It also upped Lam Research Corp (NASDAQ:LRCX) stake by 67,313 shares and now owns 175,689 shares. Xcel Energy Inc (NYSE:XEL) was raised too.

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