Home Depot INC (HD) Holder Two Creeks Capital Management LP Lowered Position

Marco Green
March 13, 2018

Home Depot's revenue for the quarter was up 7.5% compared to the same quarter last year. research analysts forecast that Home Depot Inc will post 9.44 earnings per share for the current fiscal year. The stock increased 0.03% or $0.01 during the last trading session, reaching $39.67. Board Of Trustees Of The Leland Stanford Junior University sold 1.15 million shares as the company's stock rose 37.55% with the market. This is an increase from Home Depot's previous quarterly dividend of $0.89. (NYSE:HD) has risen 18.65% since March 12, 2017 and is uptrending. It has outperformed by 1.95% the S&P500. In the last 90 days, insiders sold 169,027 shares of company stock worth $31,220,882. About 275 shares traded. Public Storage Inc now has $34.88B valuation. The stock increased 1.80% or $1.7 during the last trading session, reaching $96.03. About 884,128 shares traded. (NYSE:HD) were released by: Bloomberg.com and their article: "Home Depot Gets Lift From Housing Boom, Hurricane Spending" published on February 20, 2018 as well as Nasdaq.com's news article titled: "Home Depot, Inc". It has outperformed by 60.97% the S&P500.

Investors sentiment decreased to 0.93 in Q3 2017. Its up 0.19, from 0.95 in 2017Q2. Security Fincl Bank Of Sioux City Iowa Ia stated it has 9,204 shares or 1.47% of all its holdings. Fiduciary Trust accumulated 288,600 shares. Teachers Retirement Systems Of The State Of Kentucky invested in 0.01% or 8,900 shares. Winslow Evans Crocker Inc, a Massachusetts-based fund reported 28,830 shares. Chesley Taft Ltd Liability Corp holds 0.31% or 21,881 shares. (NYSE:HD). Godsey Gibb Assoc invested in 2.67% or 95,546 shares. Vaughan Nelson Mngmt LP owns 552,170 shares for 1.07% of their portfolio. Clearbridge Invs Llc invested 0.06% of its portfolio in Qualys, Inc. Moreover, Stratos Wealth Ptnrs has 0.06% invested in The Allstate Corporation (NYSE:ALL). Exxonmobil Inc Tx owns 65,990 shares. Ashfield Prtnrs Ltd Liability Corporation reported 0.06% of its portfolio in The Allstate Corporation (NYSE:ALL). Chevy Chase holds 0.78% or 1.05 million shares. The home improvement retailer reported $1.69 EPS for the quarter, topping analysts' consensus estimates of $1.62 by $0.07. Therefore 11% are positive. Finally, Royal Bank of Canada set a $179.00 target price on Home Depot and gave the company a "buy" rating in a research note on Monday, October 30th. On Tuesday, December 1 the stock rating was upgraded by Citigroup to "Neutral". Vetr downgraded the stock to "Buy" rating in Saturday, August 29 report. The firm earned "Buy" rating on Thursday, June 15 by Wells Fargo. The rating was maintained by Goldman Sachs with "Neutral" on Tuesday, August 18. FBR Capital has "Mkt Perform" rating and $225 target. (NYSE:HD) was sold by Carey Matt on Friday, December 8. The stock has "Buy" rating by M Partners on Thursday, August 3.

The company's revenue was up 7.5% compared to the same quarter last year. research analysts forecast that Home Depot will post 9.44 EPS for the current fiscal year. (NYSE:HD) on Tuesday, July 18 with "Buy" rating. Therefore 71% are positive. Amg National Trust Bancorp reported 14,302 shares.

Home Depot (HD) opened at $182.16 on Friday. (NYSE:HD) on Tuesday, February 20 with "Buy" rating. Janney Capital Management Llc acquired 5,307 shares as Home Depot Inc (HD)'s stock rose 9.30%. (NASDAQ:JD) rating on Wednesday, January 31. Home Depot has a consensus rating of "Buy" and a consensus target price of $193.15. The rating was maintained by Guggenheim on Monday, February 26 with "Buy".

Home Depot announced that its Board of Directors has approved a stock repurchase plan on Wednesday, December 6th that authorizes the company to buyback $15.00 billion in outstanding shares. (NYSE:HD) on Wednesday, August 16 with "Overweight" rating. BMO Capital Markets has "Outperform" rating and $213 target. The stock has a market capitalization of $212,717.17, a price-to-earnings ratio of 24.45, a price-to-earnings-growth ratio of 1.40 and a beta of 1.14. The rating was maintained by Robert W. Baird with "Buy" on Friday, October 13.

Shares of Home Depot (HD) opened at $182.16 on Thursday. On Thursday, December 7 the insider Roseborough Teresa Wynn sold $1.97 million. Colonial Advisors invested 1.33% in The Home Depot, Inc.

In related news, Director Armando M. Codina bought 6,650 shares of the company's stock in a transaction that occurred on Friday, March 2nd.

Bowen Hanes & Co Inc decreased C.R. Bard (NYSE:BCR) stake by 1,475 shares to 12,013 valued at $3.85 million in 2017Q3. It also reduced Nvr Inc. It also reduced Exxon Mobil (NYSE:XOM) stake by 236,046 shares and now owns 88,051 shares. Welbilt Inc was reduced too.

Investors sentiment decreased to 0.93 in Q3 2017. The company has a debt-to-equity ratio of 16.69, a quick ratio of 0.38 and a current ratio of 1.17.

Several hedge funds and other institutional investors have recently made changes to their positions in HD. Bank of America restated a "buy" rating and issued a $190.60 target price (down previously from $219.00) on shares of Home Depot in a research note on Tuesday, February 20th. American Rech Mngmt has invested 0.02% in The Home Depot, Inc. Deutsche Bank Ag who had been investing in Papa Johns Intl Inc for a number of months, seems to be less bullish one the $2.07B market cap company. (NYSE:HD) for 100 shares. Philadelphia Tru Com stated it has 0.09% in The Home Depot, Inc. (NYSE:THO). Whittier Of Nevada Inc holds 135 shares. It also upped Inogen Inc (NASDAQ:INGN) stake by 22,380 shares and now owns 22,880 shares. 115,732 are held by Westpac. Capital International Investors boosted its holdings in Home Depot by 132.5% in the third quarter. (NYSE:HD) for 4,984 shares. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued. Rhumbline Advisers holds 0.74% of its portfolio in The Home Depot, Inc. (NYSE:HD) for 25,918 shares. Home Depot's payout ratio is now 56.59%.

ILLEGAL ACTIVITY WARNING: "Craig A. Menear Sells 113,687 Shares of Home Depot Inc (NYSE:HD) Stock" was first posted by StockNewsTimes and is owned by of StockNewsTimes. Dimensional Fund Advisors LP now owns 3,133,380 shares of the home improvement retailer's stock worth $512,473,000 after purchasing an additional 8,344 shares in the last quarter.

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