Matrix Asset Advisors Increases Stake in Symantec (SYMC); Delta Asset Management Has Raised Its Stake in Lowes Cos (LOW) by $381,900

Lowe's Companies, Inc. (NYSE:LOW) Logo

Matrix Asset Advisors Inc increased its stake in Symantec Corp (SYMC) by 177.88% based on its latest 2018Q3 regulatory filing with the SEC. Matrix Asset Advisors Inc bought 133,693 shares as the company’s stock rose 11.01% while stock markets declined. The institutional investor held 208,854 shares of the prepackaged software company at the end of 2018Q3, valued at $4.44M, up from 75,161 at the end of the previous reported quarter. Matrix Asset Advisors Inc who had been investing in Symantec Corp for a number of months, seems to be bullish on the $12.70B market cap company. The stock decreased 0.95% or $0.19 during the last trading session, reaching $19.88. About 3.50 million shares traded. Symantec Corporation (NASDAQ:SYMC) has declined 19.88% since January 12, 2018 and is downtrending. It has underperformed by 19.88% the S&P500. Some Historical SYMC News: 10/05/2018 – SYMANTEC CORP – SEES 2019 NON-GAAP REVENUE $4,760 MLN – $4,900 MLN; 10/05/2018 – Symantec Sees 1Q Rev $1.135B-$1.165B; 10/05/2018 – Symantec 4Q Rev $1.222B; 15/05/2018 – SYMANTEC CORP SYMC.O : COWEN AND COMPANY RAISES TARGET PRICE TO $21 FROM $20; 14/03/2018 – Global Cloud Encryption Market Report 2018 with Forecasts to 2022 – Key Players Gemalto, Sophos and Symantec are Dominating – ResearchAndMarkets.com; 30/05/2018 – Scott+Scott Attorneys at Law LLP Announces Filing of Securities Class Action Against Symantec Corporation (SYMC); 20/03/2018 – Symantec Launches Initiative to Help Provide Security and Identity Theft Protection for Foster Youth; 14/05/2018 – Symantec: Released Updated Statement on Ongoing Internal Investigation by Audit Committee Announced on May 10; 22/05/2018 – The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Symantec; 10/05/2018 – Symantec Says It Has Contacted SEC Regarding Investigation

Delta Asset Management Llc increased its stake in Lowes Cos Inc (LOW) by 1.03% based on its latest 2018Q3 regulatory filing with the SEC. Delta Asset Management Llc bought 3,350 shares as the company’s stock declined 20.43% with the market. The institutional investor held 329,665 shares of the consumer services company at the end of 2018Q3, valued at $37.85M, up from 326,315 at the end of the previous reported quarter. Delta Asset Management Llc who had been investing in Lowes Cos Inc for a number of months, seems to be bullish on the $78.13B market cap company. The stock increased 1.38% or $1.32 during the last trading session, reaching $97.3. About 3.68 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 6.94% since January 12, 2018 and is uptrending. It has outperformed by 6.94% the S&P500. Some Historical LOW News: 23/05/2018 – LOWE’S REAFFIRMS FY 2019 GUIDANCE; 30/05/2018 – Richland Source: Living History Days offers colonial period peak June 2 at Lowe-Volk Park; 30/03/2018 – US News: Negative Sentiment May Be Positive for Lowe’s; 23/05/2018 – Lowe’s New CEO Inherits Chain as Raw U.S. Spring Begins to Thaw; 18/05/2018 – Fixing Up Lowe’s — Barrons.com; 16/04/2018 – A. O. Smith to become primary water treatment brand at Lowe’s; 23/03/2018 – Lowe’s Declares Dividend of 41c; 18/05/2018 – Lowe Enterprises Investors Acquires 1 Kennedy Flats Apartment Community; 23/05/2018 – Correction to Ackman Lowe’s Story; 24/04/2018 – Lowe’s: GE Will Be Only Nationwide Light-Bulb Supplier to U.S. Consumer Retail Outlets

Investors sentiment increased to 1.41 in Q3 2018. Its up 0.50, from 0.91 in 2018Q2. It increased, as 34 investors sold SYMC shares while 118 reduced holdings. 76 funds opened positions while 139 raised stakes. 530.27 million shares or 1.56% more from 522.12 million shares in 2018Q2 were reported. Wetherby Asset Management Inc stated it has 10,420 shares. Oakworth Capital Inc holds 0% or 145 shares. Crosslink holds 3.89% of its portfolio in Symantec Corporation (NASDAQ:SYMC) for 725,518 shares. Exane Derivatives holds 0% of its portfolio in Symantec Corporation (NASDAQ:SYMC) for 14,336 shares. National Bank & Trust Of Nova Scotia invested in 0.07% or 715,106 shares. Retirement Of Alabama reported 286,631 shares. Boston Prtn holds 0.09% of its portfolio in Symantec Corporation (NASDAQ:SYMC) for 3.55M shares. Shine Inv Advisory Service Inc owns 301 shares. 7,510 are owned by Whittier Commerce. Teachers Retirement Sys Of The State Of Kentucky accumulated 64,634 shares. Nomura invested 0% in Symantec Corporation (NASDAQ:SYMC). Raymond James Finance Services Advsrs Incorporated holds 0% or 20,021 shares. Captrust Advisors holds 2,152 shares. Price T Rowe Md holds 0.26% or 82.37 million shares in its portfolio. 614,494 were accumulated by Guggenheim Cap Lc.

More notable recent Symantec Corporation (NASDAQ:SYMC) news were published by: Nasdaq.com which released: “Trimble Partners With MODERN, Boosts Fields Solution Segment – Nasdaq” on December 24, 2018, also Nasdaq.com with their article: “Analog Devices Appoints Anantha Chandrakasan to its Board – Nasdaq” published on December 19, 2018, Nasdaq.com published: “Which Security Stock Could be the Fortinet (FTNT) of 2019? – Nasdaq” on December 28, 2018. More interesting news about Symantec Corporation (NASDAQ:SYMC) were released by: Nasdaq.com and their article: “Why Symantec Corporation Stock Fell 14.5% in December – Nasdaq” published on January 10, 2019 as well as Nasdaq.com‘s news article titled: “Amkor Technology Expands MEMS and Sensor Package Platform – Nasdaq” with publication date: December 17, 2018.

Matrix Asset Advisors Inc, which manages about $977.80M and $626.90M US Long portfolio, decreased its stake in Verizon Communications Inc (NYSE:VZ) by 10,145 shares to 179,441 shares, valued at $9.58 million in 2018Q3, according to the filing. It also reduced its holding in Eaton Corp Plc (NYSE:ETN) by 14,073 shares in the quarter, leaving it with 295,969 shares, and cut its stake in Wells Fargo Co New (NYSE:WFC).

Among 35 analysts covering Symantec (NASDAQ:SYMC), 7 have Buy rating, 1 Sell and 27 Hold. Therefore 20% are positive. Symantec had 112 analyst reports since August 11, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Friday, April 29 by Raymond James. As per Thursday, February 1, the company rating was maintained by Cowen & Co. The stock of Symantec Corporation (NASDAQ:SYMC) earned “Market Perform” rating by Wells Fargo on Friday, April 7. Stifel Nicolaus maintained Symantec Corporation (NASDAQ:SYMC) on Thursday, November 2 with “Hold” rating. The stock of Symantec Corporation (NASDAQ:SYMC) has “Mkt Perform” rating given on Thursday, November 5 by FBR Capital. The rating was maintained by Robert W. Baird with “Hold” on Friday, June 9. As per Tuesday, August 11, the company rating was maintained by FBR Capital. The stock has “Hold” rating by Stifel Nicolaus on Sunday, September 10. The rating was upgraded by Citigroup on Friday, August 19 to “Buy”. As per Friday, June 9, the company rating was maintained by Evercore.

Among 38 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 23 have Buy rating, 0 Sell and 15 Hold. Therefore 61% are positive. Lowe’s Companies Inc. had 125 analyst reports since August 19, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Thursday, August 23. KeyBanc Capital Markets has “Overweight” rating and $125 target. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Neutral” rating by Atlantic Securities on Tuesday, November 28. The firm has “Hold” rating given on Thursday, August 20 by Zacks. The stock has “Buy” rating by Oppenheimer on Wednesday, August 23. Wedbush downgraded Lowe's Companies, Inc. (NYSE:LOW) on Wednesday, October 26 to “Neutral” rating. Robert W. Baird maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Tuesday, October 31. Robert W. Baird has “Buy” rating and $87.0 target. The stock has “Buy” rating by Robert W. Baird on Wednesday, November 22. The company was maintained on Wednesday, February 28 by Guggenheim. The rating was maintained by Morgan Stanley on Thursday, August 24 with “Overweight”. Jefferies upgraded the shares of LOW in report on Monday, February 5 to “Buy” rating.

Since August 24, 2018, it had 2 insider buys, and 1 sale for $893,828 activity. Shares for $1.80 million were sold by CROOM MARSHALL A. $880,200 worth of Lowe's Companies, Inc. (NYSE:LOW) was bought by ROGERS BRIAN C on Friday, November 23.

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Seekingalpha.com which released: “Exxon Mobil Near 5% Yield And Low Valuation – Seeking Alpha” on December 23, 2018, also 247Wallst.com with their article: “The 5 Most Shorted NYSE Stocks – 24/7 Wall St.” published on January 11, 2019, Schaeffersresearch.com published: “Analysts Blast Lowe’s Stock After Buyback Buzz – Schaeffers Research” on December 13, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: Cnbc.com and their article: “Stocks broke key level and could aim for the year’s low – CNBC” published on December 14, 2018 as well as Seekingalpha.com‘s news article titled: “Lindsay Corporation: Low International Irrigation Revenues Concerning – Seeking Alpha” with publication date: December 18, 2018.

Investors sentiment increased to 0.82 in 2018 Q3. Its up 0.06, from 0.76 in 2018Q2. It increased, as 31 investors sold LOW shares while 504 reduced holdings. 134 funds opened positions while 307 raised stakes. 571.05 million shares or 1.78% less from 581.37 million shares in 2018Q2 were reported. Finemark Comml Bank owns 0.23% invested in Lowe's Companies, Inc. (NYSE:LOW) for 32,202 shares. Arrow Financial Corporation reported 6,990 shares. Peninsula Asset Mgmt has 48,972 shares for 3.87% of their portfolio. Moneta Gp Invest Advisors Limited Liability Co, a Missouri-based fund reported 40,422 shares. Sei holds 1.08 million shares or 0.45% of its portfolio. Trustmark State Bank Tru Department holds 14,738 shares. Panagora Asset Mngmt holds 0.27% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 626,401 shares. Aull And Monroe Mgmt accumulated 9,892 shares or 0.55% of the stock. Toronto Dominion State Bank stated it has 625,129 shares. Psagot Investment House Ltd invested 0.1% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Mark Sheptoff Financial Planning Limited Liability Corp has invested 0.08% in Lowe's Companies, Inc. (NYSE:LOW). Callahan Advisors Ltd Liability Co stated it has 2.02% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Atwood And Palmer accumulated 187 shares. California-based Primecap Management Co Ca has invested 0% in Lowe's Companies, Inc. (NYSE:LOW). Exane Derivatives has invested 0% in Lowe's Companies, Inc. (NYSE:LOW).

Delta Asset Management Llc, which manages about $659.71 million and $751.05 million US Long portfolio, decreased its stake in Corecivic Inc by 13,080 shares to 202,586 shares, valued at $4.93 million in 2018Q3, according to the filing.

Symantec Corporation (NASDAQ:SYMC) Institutional Positions Chart

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