Home Depot Beats Estimates, Raises Guidance for Year

Andrew Cummings
November 14, 2017

Cullinan Associates owns 22,726 shares. The days to cover decreased to 3.0 and the percentage of shorted shares is 0.01% as of October 31. Finemark National Bank & invested in 103,728 shares or 1.14% of the stock. Lakeview Cap Partners Lc holds 3.36% in Home Depot Inc (NYSE:HD) or 26,467 shares. 113.16 million shares or 2.24% less from 115.75 million shares in 2017Q1 were reported. It turned negative, as 25 investors sold Assured Guaranty Ltd. shares while 106 reduced holdings. Alexandria Cap Lc reported 0.02% in Home Depot Inc (NYSE:HD). Glg Prns Lp reported 165,264 shares. 255,311 were accumulated by Ferguson Wellman Mngmt Inc. Company insiders own 0.26% of the company's stock. Piermont Cap reported 81,678 shares.

Home Depot, Inc. (The)'s quarterly revenue was up 6.2% on a year-over-year basis. analysts expect that Home Depot, Inc. will post 7.32 earnings per share for the current year. Earnings: What to Watch" published on November 09, 2017 as well as Benzinga.com's news article titled: "Earnings Preview: "More Retail Results With Home Depot Reporting Tomorrow" with publication date: "November 13, 2017.

Centre Asset Management Llc increased Unitedhealth Group Inc (NYSE:UNH) stake by 8,010 shares to 74,820 valued at $13.87M in 2017Q2. Rothschild Asset Management Inc expanded its holdings by buying 11,011 shares an increase of 3.1% in the quarter. On Wednesday, May 17 the insider Campbell Ann Marie sold $1.10 million. After a recent check, company stock has been trading near the $166.12 mark. Another trade for 90,661 shares valued at $14.21 million was made by Menear Craig A on Wednesday, May 17. Also, EVP Matt Carey sold 29,357 shares of the firm's stock in a transaction dated Wednesday, August 17th.

In other news, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. Zacks Investment Research lowered Home Depot, Inc. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. Therefore 70% are positive.

The Home Depot, Inc (The Home Depot) is a home improvement retailer. Vanguard Group Inc. increased its position in Home Depot, Inc. Jefferies Group LLC reiterated a "buy" rating and set a $182.00 price objective on shares of Home Depot, Inc. Telsey Advisory Group maintained the shares of HD in report on Monday, December 7 with "Outperform" rating. Argus Research maintained Home Depot Inc (NYSE:HD) rating on Wednesday, November 18. The firm has "Buy" rating given on Wednesday, August 19 by Vetr. The stock presently has a consensus rating of "Buy" and a consensus target price of $146.86. The rating was initiated by Gordon Haskett Capital Corporation with "Buy" on Tuesday, October 3. As per Tuesday, August 2, the company rating was reinitiated by Stifel Nicolaus.

Among 10 analysts covering American Capital Mortgage (NASDAQ:MTGE), 5 have Buy rating, 0 Sell and 5 Hold. American Capital Mortgage had 18 analyst reports since July 31, 2015 according to SRatingsIntel. Wells Fargo upgraded the stock to "Outperform" rating in Friday, May 5 report. (The) stock in a transaction that occurred on Thursday, September 7th. (The) and gave the company a "buy" rating in a research note on Tuesday, August 15th. As per Thursday, November 2, the company rating was maintained by KeyBanc Capital Markets. Piper Jaffray has "Hold" rating and $164.0 target. The company was maintained on Monday, August 21 by RBC Capital Markets.

Investors sentiment increased to 1.21 in Q2 2017. Its down 0.31, from 1.13 in 2017Q1. It is positive, as 48 investors sold EL shares while 192 reduced holdings. 21 funds opened positions while 52 raised stakes. Independent Port Consultants holds 0.27% or 4,199 shares.

Mike Masters decreased its stake in Deutsche Bank Ag (DB) by 16.67% based on its latest 2017Q2 regulatory filing with the SEC. Motco has invested 0% in Estee Lauder Companies Inc (NYSE:EL). Picton Mahoney Asset Mgmt holds 91,850 shares or 1% of its portfolio. Clearbridge Ltd Co reported 859 shares stake. Denali Advisors Ltd Company holds 2.06% or 301,900 shares in its portfolio. Benchmark Capital Advisors, a New York-based fund reported 40,400 shares. Beach Counsel Pa holds 7,300 shares or 0.07% of its portfolio.

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