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Allspring Global Investments Holdings LLC Has $25.25 Million Holdings in Lowe's Companies, Inc. $LOW
Allspring Global Investments Holdings LLC reduced its stake in Lowe’s Companies, Inc. by 9.0% in the fourth quarter, selling 10,054 shares and holding 102,254 shares valued at $25.25 million. Despite this, other institutional investors increased their positions, and the home improvement retailer reported strong quarterly earnings and announced a quarterly dividend of $1.20 per share. Analysts maintain a “Moderate Buy” consensus rating for Lowe’s Companies, with a consensus price target of $289.24.