Bank of America Corp DE Trims Stake in Lowe's Companies, Inc. $LOW

Bank of America Corp DE reduced its stake in Lowe's Companies, Inc. (NYSE:LOW) by 2.3% in the second quarter, selling 199,091 shares and now owning over 8.29 million shares valued at approximately $1.83 billion. Several other hedge funds also adjusted their positions in Lowe's, while company executives Juliette Pryor and Margrethe R. Vagell sold shares in June. Analysts have a "Moderate Buy" consensus rating for Lowe's with an average target price of $257.63.