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J. Safra Sarasin Holding AG Lowers Position in Lowe's Companies, Inc. $LOW
J. Safra Sarasin Holding AG reduced its stake in Lowe’s Companies, Inc. by 21.2% in the fourth quarter, selling 28,183 shares and now owning 104,478 shares valued at $25,196,000. Several other institutional investors also adjusted their positions in Lowe’s, with overall institutional ownership at 74.06%. The article also notes recent insider selling by CEO Marvin R. Ellison, the company’s financial performance including beating earnings estimates, and a recent dividend announcement.