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Distillate Capital invests nearly $28.6M in Lowe's, which reported strong earnings and a dividend.
Distillate Capital Partners LLC has invested $28.58 million in Lowe's Companies, Inc., acquiring 115,794 shares.
Lowe's reported strong fourth-quarter earnings, with $1.93 per share, beating estimates.
The company also announced a $1.15 quarterly dividend.
Analysts rate Lowe's as a "Moderate Buy" with an average target price of $278.74.
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Capital destilado invierte casi $28,6 millones en Lowe's, que reportó ganancias fuertes y un dividendo.