Yes.  Jesus believed that lowly people are valuable.  The proof of his valuation of the lowly is found in the New Testament in his interaction with people.  The examples mentioned were specifically involving those that society did not value.  In addition, Jesus was concerned about the hunger (both physical and spiritual) of the 5,000 in John 6:1-15.  He believed they are so important, that he went out of his way, including into Samaria, to reach out to the lowly. 

How valuable are the lowly to Jesus?  We are important enough that although he knew he knew he would be beaten, humiliated, and crucified for our sake, he still went through with God's plan so that the lowly might have a restored relationship with God.  

Jesus came to save the lowly and mistreated people as much as he did the rich and the famous.  He went out among the poor to minister and also to live and walk.  He felt that these people were as of as much value as anyone else.

The explanation for compassion in the Merriam-Webster dictionary is "sympathetic consciousness of others' distress together with a desire to alleviate it." 

My understanding of compassion is based upon seeing the action of others towards those who need help, either physically, or emotionally.  

The true foundation for compassion in my life is that of Jesus Christ.  God was sympathetic to the sinful condition of man, and had a desire to alleviate this distressful condition.  Based upon Jesus' constant awareness of others' conditions, whether it be sinful and/or physical,  he never ran from those seeking help, but instead stayed and took time to resolve their issues.  

To me, compassion means taking action.  Compassion cannot be expressed by seeing someone in need and walking by them without stopping to see if you can help.  

Jesus Christ, the son of God, was born of earthly parents to free the world from sin.

Born and laid in a manger, he was raised and started his ministry in Nazareth.  As his popularity grew, great crowds followed him.  The religious leaders became suspicious of him and persuaded the ruling Roman leaders to have him crucified.  After 3 days in the grave he arose again and later he ascended into heaven to sit with his father God.