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Vertex Planning Partners boosts stake in Lowe's, which reports strong earnings and declares a dividend.
Vertex Planning Partners LLC increased its stake in Lowe's Companies, Inc. by 10.4% in the fourth quarter, acquiring 145 shares.
Lowe's reported a $1.93 earnings per share, beating analysts' estimates by $0.10.
The company's stock is valued at $130.05 billion with a P/E ratio of 19.38 and a beta of 1.12.
Lowe's also declared a quarterly dividend of $1.15 per share.
Institutional investors own 74.06% of the company's stock, and analysts have a "Moderate Buy" consensus rating with a target price of $279.71.
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Vertex Planning Partners aumenta la participación en Lowe's, que reporta ganancias fuertes y declara un dividendo.