Home Depot Beats Estimates, Raises Guidance for Year


Home Depot Beats Estimates, Raises Guidance for Year

LLC bought a new position in Home Depot, Inc. (The) were worth $2,843,000 as of its most recent SEC filing. Also, EVP Ann Marie Campbell sold 10,717 shares of the business's stock in a transaction dated Wednesday, August 16th. Osborne Prtn Management Limited Liability Co has invested 1.04% of its portfolio in Home Depot Inc (NYSE:HD). (The) by 0.9% during the second quarter. Bancshares Of Montreal Can owns 2.74 million shares for 0.4% of their portfolio. Benin Corporation has invested 0.19% of its portfolio in Home Depot Inc (NYSE:HD). (The) by 41.6% in the second quarter.

Net income rose to $2.17 billion, or $1.84 per share, in the third quarter ended October 29, from $1.97 billion, or $1.60 per share, a year earlier. Whittier Trust Co. grew its stake in Home Depot, Inc. (The) by 13.6% in the first quarter. The firm owned 225,577 shares of the home improvement retailer's stock after selling 2,626 shares during the quarter. It also increased its holding in Lilly Eli & Co (NYSE:LLY) by 24,457 shares in the quarter, for a total of 27,793 shares, and has risen its stake in Qorvo Inc. Following the completion of the transaction, the executive vice president now directly owns 88,872 shares in the company, valued at approximately $12,109,698.72.

Acropolis Investment Management Llc, which manages about $912.87 million and $590.74M US Long portfolio, decreased its stake in Macys Inc (NYSE:M) by 21,665 shares to 13,778 shares, valued at $320,000 in 2017Q2, according to the filing. (The) by 66.6% in the second quarter. (The) include Vanguard Group Inc which owns 80 million shares in the company valued at $12.34 B million.

Several equities research analysts have issued reports on HD shares. Curbstone Fincl has 0.63% invested in Home Depot Inc (NYSE:HD). The firm has "Buy" rating given on Monday, October 3 by Standpoint Research. Home Depot Inc (NYSE:HD) has risen 18.65% since November 12, 2016 and is uptrending.

Arrow Financial Corp trimmed its stake in Home Depot, Inc.

Among 10 analysts covering American Capital Mortgage (NASDAQ:MTGE), 5 have Buy rating, 0 Sell and 5 Hold. Home Depot's P/E ratio is 23.77 and market cap is 195.12B. Finally, Morgan Stanley set a $145.00 target price on shares of The Home Depot and gave the stock a "hold" rating in a report on Wednesday, September 28th. Wells Fargo upgraded the stock to "Outperform" rating in Friday, May 5 report. The stock of Home Depot Inc (NYSE:HD) has "Buy" rating given on Wednesday, August 16 by Stifel Nicolaus. On Tuesday, May 24 the stock rating was initiated by Topeka Capital Markets with "Buy". The 12-month consensus price target on the stock is $173.94.

Arcadia Investment Management Corp decreased Stryker Corp (NYSE:SYK) stake by 2,179 shares to 71,723 valued at $9.95M in 2017Q2. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Shares for $4.57M were sold by Roseborough Teresa Wynn. The firm has a 50-day moving average price of $125.97 and a 200-day moving average price of $131.35. Swarthmore Group Inc sold 31,975 shares as the company's stock rose 8.67% with the market. The disclosure for this sale can be found here. It also reduced its holding in Ishares Tr (MBB) by 3,503 shares in the quarter, leaving it with 57,675 shares, and cut its stake in Gilead Sciences Inc (NASDAQ:GILD). $4.86M worth of Home Depot Inc (NYSE:HD) was sold by Lennie William G. on Thursday, May 18. If you are reading this piece on another site, it was stolen and reposted in violation of worldwide copyright legislation. Rothschild Asset Management Inc owns 369,655 shares worth $60,461,000. (HD) reports earnings before the opening bell on Tuesday. The relative volume (ratio between current volume and 3-month average) is presently sitting at 1.08. The company has a market cap of $193,455.83, a price-to-earnings ratio of 23.58, a P/E/G ratio of 1.65 and a beta of 1.08.

Among 30 analysts covering The Home Depot Inc. On Wednesday, May 17 Carey Matt sold $2.30 million worth of Home Depot Inc (NYSE:HD) or 14,680 shares. Boothbay Fund Management LLC now owns 2,363 shares of the home improvement retailer's stock valued at $315,000 after buying an additional 14 shares in the last quarter. The firm earned $26.47 billion during the quarter, compared to analyst estimates of $26.47 billion. HD's earnings growth the past couple of years was 92.85% which indicates that the company's past performance will continue to persist into the future.

Home Depot estimated that hurricane-related sales positively affected same-store sales growth by approximately $282 million in the quarter, although gross margin on these hurricane-related sales was considerably less than the company's average. State Street Corp increased its position in Home Depot, Inc. Shell Asset Management Co. now owns 245,649 shares of the home improvement retailer's stock valued at $36,069,000 after buying an additional 4,403 shares during the period. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services.