Cable Hill Partners LLC now owns 1,116 shares of the home improvement retailer's stock worth $145,000 after buying an additional 105 shares during the last quarter. LLP's holdings in Home Depot were worth $671,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 71.53% of the company's stock. BlackRock Fund Advisors now owns 17,214,514 shares of the home improvement retailer's stock valued at $2,215,164,000 after buying an additional 453,490 shares in the last quarter. Piershale Financial Group Inc. increased its stake in Home Depot by 0.5% in the third quarter.
The Home Depot, Inc. has a 189.56B market cap and its past year revenues were 94.60B. Wallington Asset Management LLC boosted its stake in Home Depot by 2.0% in the third quarter. LVM Capital Management Ltd. MI now owns 2,087 shares of the home improvement retailer's stock valued at $306,000 after buying an additional 23 shares in the last quarter. Cable Hill Partners LLC boosted its position in Home Depot by 10.4% in the third quarter. West Coast Financial LLC raised its position in Home Depot by 0.3% in the third quarter. Jefferies Group LLC now has a buy rating on the home improvement retailer's stock. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. (SHLD) and J.C. Penney (JCP) seemingly on their deathbed, Home Depot (HD) once again proves why it pays to sell lumber and nails right now. The stock stands 4.89% away from its 50-day simple moving average and 15.42% away from the 200-day average. The company has a market capitalization of $188.76 billion, a PE ratio of 24.33 and a beta of 1.09. Home Depot Inc has a 52 week low of $119.20 and a 52 week high of $158.15. Home Depot also was the target of some unusual options trading activity on Friday. Investors purchased 12,204 put options on the company. This is an increase of approximately 196% compared to the average daily volume of 659 call options.
Home Depot Inc HD.N , the No. 1 US home improvement chain, reported higher-than-expected quarterly profit and same-store sales, driven by increased customer traffic and more average spending at its stores amid a strong housing market.
Analysts on average had expected earnings of $1.62 per share on revenue of $23.76 billion, according to Thomson Reuters I/B/E/S. Home Depot had a net margin of 8.23% and a return on equity of 123.29%.
The retailer's average shopper's ticket rose 3.9 percent from a year ago, and its sales per square foot of store space increased 4.6 percent during that period. The company announced actual earnings per share of $1.44 against the consensus Street estimate of $1.33.
Home Depot expects full-year earnings to be $7.15 per share. USA comps advanced 6%, over forecasts for 4.3%. The legal version of this piece of content can be accessed at https://transcriptdaily.com/2017/05/15/vnbtrust-national-association-cuts-position-in-home-depot-inc-hd.html.
A number of other analysts have also issued reports on HD. Zacks Investment Research raised Home Depot from a "hold" rating to a "buy" rating and set a $151.00 price target for the company in a research report on Tuesday, January 17th. They issued a "market perform" rating and a $141.00 price target for the company. Vetr raised shares of Home Depot from a "hold" rating to a "buy" rating and set a $153.35 target price for the company in a report on Monday, April 10th. Telsey Advisory Group upped their target price on shares of Home Depot from $150.00 to $154.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 22nd.