Bamco Inc. Cuts Lowe's Stake After Quarterly Earnings Beat
Bamco Inc. NY reduced its Lowe’s stake to 198,685 shares after selling 8,103 during the quarter. Other funds increased holdings, including Revolve Wealth Partners and Sivia Capital Partners. Lowe’s reported quarterly EPS of $4.40, beating consensus of $4.22, and paid a dividend on Aug. 5. Analyst ratings were mixed, with some downgrades and lower price targets.