Home Depot bid up ahead of earnings

Marco Green
November 14, 2017

The fund owned 5,391 shares of the home improvement retailer's stock after selling 908 shares during the period. (HD) traded up $0.84 during midday trading on Friday, reaching $164.11. About 3.55 million shares traded or 5.65% up from the average. $54,989 worth of Home Depot Inc (NYSE:HD) was bought by Hewett Wayne M. on Wednesday, May 17. It has outperformed by 1.95% the S&P500.

Swarthmore Group Inc decreased its stake in Lauder Estee Cos Inc (EL) by 24.25% based on its latest 2017Q2 regulatory filing with the SEC. Prospector Prns Ltd stated it has 43,754 shares. The Arcadia Investment Management Corp holds 17,280 shares with $2.65 million value, up from 3,915 last quarter. Tutor Perini Corp now has $1.20B valuation. The stock increased 0.95% or $0.25 on November 10, reaching $26.59. About 2.18 million shares traded or 495.81% up from the average. It has outperformed by 9.13% the S&P500.

The Home Depot, Inc (The Home Depot) is a home improvement retailer. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. Therefore 70% are positive. Jefferies Group LLC reissued a "buy" rating and set a $182.00 target price on shares of Home Depot, Inc. Morgan Stanley upgraded Home Depot Inc (NYSE:HD) on Thursday, February 23 to "Overweight" rating. As per Monday, December 7, the company rating was maintained by Credit Suisse. The company was downgraded on Thursday, May 11 by Atlantic Securities. The firm earned "Buy" rating on Monday, July 24 by RBC Capital Markets. (The) and gave the company a "buy" rating in a research note on Tuesday, August 15th.

More notable recent Home Depot Inc (NYSE:HD) news were published by: Seekingalpha.com which released: "You Can't Afford Not To Own Home Depot" on October 19, 2017, also Seekingalpha.com with their article: "Home Depot Vs. Lowe's - Part II" published on November 08, 2017, Seekingalpha.com published: "Home Depot: I See Another Beat On The Horizon" on November 08, 2017. Rothschild Asset Management Inc owns 369,655 shares worth $60,461,000. It also upped Raytheon Company (NYSE:RTN) stake by 11,520 shares and now owns 43,100 shares.

Since May 17, 2017, it had 0 insider purchases, and 1 insider sale for $4.86 million activity. Roseborough Teresa Wynn sold 29,076 shares worth $4.57 million. Also, EVP Matt Carey sold 32,000 shares of the company's stock in a transaction dated Thursday, September 7th. In the last ninety days, insiders have sold 57,717 shares of company stock worth $8,916,321. Shares for $1.10M were sold by Campbell Ann Marie on Wednesday, May 17.

Capital Research Global Investors increased its position in Home Depot, Inc. Its up 0.12, from 0.83 in 2017Q1. It increased, as 38 investors sold Home Depot Inc shares while 632 reduced holdings. First Manhattan invested in 0.04% or 29,892 shares. Moreover, Roosevelt Invest Group Incorporated Incorporated has 1.62% invested in Home Depot Inc (NYSE:HD). Capital Counsel owns 6,329 shares for 0.43% of their portfolio. Puzo Michael J reported 1.56% of its portfolio in Home Depot Inc (NYSE:HD). In terms of recent volatility, the average for the month is 1.15% and 1.03% for the past week. 43 are held by Fincl Mgmt Professionals. Loomis Sayles & Lp owns 3,367 shares for 0% of their portfolio. Shell Asset Management Co. lifted its stake in Home Depot, Inc. Kentucky Retirement System Trust Fund stated it has 0.89% of its portfolio in Home Depot Inc (NYSE:HD). 13,795 were accumulated by Duff And Phelps Investment. Riggs Asset Managment holds 0.05% or 745 shares in its portfolio. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%.

Td Asset Management Inc reports that it bought 59,460 shares in the previous quarter increasing its stake in Home Depot (HD) by 14.3%.

The Dow 30 ended last week at 23,422.21, up 18.5% year to date, and it set an all-time intraday high of 23,602.12 on November 7. HD's profit would be $2.12 billion giving it 22.79 P/E if the $1.80 EPS is correct. During the same quarter in the prior year, the business earned $1.97 earnings per share. analysts expect that Home Depot, Inc. will post 7.32 EPS for the current year.

Investors sentiment decreased to 0.92 in Q2 2017. (The) by 0.3% during the 1st quarter. 83 funds opened positions while 207 raised stakes. Qvt Financial Lp holds 0.32% or 77,000 shares. Sterling Capital Management Ltd Liability Co holds 0.01% or 52,821 shares. Brown Advisory Securities Ltd Liability Corporation reported 10,787 shares. During the same quarter a year ago, the business earned $1.71 earnings per share. Sei Invests Comm reported 239,493 shares or 0.04% of all its holdings. Eqis Capital Mngmt Inc accumulated 0.02% or 10,110 shares. Martin Currie Ltd, a United Kingdom-based fund reported 61,471 shares. Qs Investors Lc has invested 0% in Tutor Perini Corp (NYSE:TPC). Twin Tree Mgmt Limited Partnership owns 23,140 shares for 0.03% of their portfolio. Rocky Mountain Advisers Ltd accumulated 230 shares or 0.05% of the stock. American International Group Inc now owns 358,325 shares valued at $58,608,000. Arris Intl Inc was reduced too. On October 3, 2017 Gordon Haskett updated guidance on HD setting a rating of "Buy". (The) in a report on Wednesday, August 16th. The firm earned "Neutral" rating on Monday, October 31 by Piper Jaffray. The stock now has a consensus rating of "Buy" and a consensus price target of $173.18. (The) and gave the stock a "buy" rating in a report on Tuesday, August 15th. The stock has "Buy" rating by Standpoint Research on Wednesday, January 25. The stock experienced a fall in short interest between October 13, 2017 and October 31, 2017 of -7.40%. (The) in a research report on Tuesday, September 12th.

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