Motco Trims Holdings in The Home Depot (NYSE:HD)

  • Motco Trims Holdings in The Home Depot (NYSE:HD)

Motco Trims Holdings in The Home Depot (NYSE:HD)

That's change of 0.21, from 2017Q3's 1.14. 51 investors sold all, 662 reduced holdings as HD ratio is negative. 501 rose positions while 164 funds bought positions. United Automobile Association owns 0.59% invested in The Home Depot, Inc. Amica Mutual holds 1.12% or 60,143 shs in its capital. Moreover, Goelzer Invest Mngmt Inc has 0.04% invested in The Home Depot, Inc. (NYSE:HD) for 1.14M shares.

Home Depot management made the point that the 2.2% gain comparable sales during April was a weather anomaly due to unusual snow during the month in some regions rather than a lack of consumer demand. During the same period in the prior year, the firm posted $1.44 earnings per share. sell-side analysts predict that The Home Depot will post 9.43 EPS for the current fiscal year. The Home Depot accounts for about 0.8% of Rhumbline Advisers' portfolio, making the stock its 17th biggest position.

Other equities research analysts have also recently issued research reports about the company. (NYSE:HD) for 14,573 shs.

Kemnay Advisory Services Inc increased Cit Group Inc (CIT) stake by 56.33% reported in 2017Q4 SEC filing. Green Valley Invsts Ltd Liability Co reported 461,885 shs or 4.17% of all its holdings. Staley Cap Advisers Incorporated has invested 0.04% in The Home Depot, Inc. (NYSE:HD). Pacad Limited invested in 11,800 shs or 0.51% of the stock. Comerica Bancorporation accumulated 0.96% or 695,540 shs. Moreover, Compass Mgmt has 0.07% invested in The Home Depot, Inc. (NYSE:HD) on Friday, March 2. The third largest holder is Capital World Investors, which now holds $11.93 billion worth of this stock and that ownership represents almost 5.38% of its market capitalization.

Since December 7, 2017, it had 2 buys, and 5 insider sales for $36.57 million activity. Motco's holdings in The Home Depot were worth $147,000 at the end of the most recent reporting period. Campbell Ann Marie had sold 37,680 shares worth $7.02M on Thursday, February 22. Denali Advisors LLC acquired a new position in The Home Depot in the 4th quarter worth about $133,000. Following the transaction, the director now directly owns 46,332 shares of the company's stock, valued at approximately $8,260,532.28. The institutional investor is holding 2.38M shares, compared to the 1.89 million from the previous quarter. Pitcairn stated it has 0.18% in The Home Depot, Inc. Empire Life Investments Inc. now owns 957 shares of the home improvement retailer's stock worth $157,000 after purchasing an additional 670 shares during the last quarter. CIT Group Inc. (NYSE:CIT) has risen 25.02% since May 14, 2017 and is uptrending. HD outperformed by 7.39% the S&P 500.

As of January 2018, it operated a total of 2,284 stores that included 1,980 in the US including the territories of Guam, US Virgin Islands, and the Commonwealth of Puerto Rico; 122 in Mexico; and 182 in Canada. Moreover, Bkd Wealth Llc has 0.16% invested in The Home Depot, Inc. Since November 16, 2017 according to StockzIntelligence Inc Home Depot has 31 analyst reports. (NYSE:HD) was sold by Roseborough Teresa Wynn on Thursday, December 7.

It is not common for Home Depot, the top U.S. home improvement retailer, to post downbeat results. Zacks Investment Research cut The Home Depot from a "hold" rating to a "sell" rating in a research note on Tuesday, April 24th. Тherefore 80% are bullish. (NYSE:HD) on Monday, December 4 with "Outperform" rating. The company has a consensus rating of "Buy" and a consensus target price of $195.62. Stifel Nicolaus maintained the stock with "Buy" rating in Friday, December 22 report. On Monday, February 5 the rating was maintained by Jefferies with "Buy". (NYSE:HD) on Wednesday, February 21.

Home-improvement retailers are also subject to concerns that rising USA interest rates could slow the growth of the housing market, said Greg Melich, an analyst at MoffettNathanson in NY. On Tuesday, January 30 the firm has "Buy" rating by Guggenheim given. The rating was maintained by Robert W. Baird on Tuesday, February 20 with "Buy". On Wednesday, February 21 the firm has "Buy" rating given by Citigroup.

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