Nine analysts have issued estimates for Home Depot, Inc. Home Depot, Inc. (The)’s payout ratio is now 51.15%. These factors helped the company post a stellar second-quarter fiscal 2017 performance, which marked its highest ever quarterly sales and earnings. The Home Depot stores averaged approximately 104,000 square feet of enclosed space, with over 24,000 additional square feet of outside garden area, as of January 29, 2017. Court Place Advisors Ltd Llc reported 1.72% of its portfolio in Home Depot Inc (NYSE:HD). Bank of Montreal Can now owns 3,086,386 shares of the home improvement retailer’s stock worth $453,175,000 after acquiring an additional 178,101 shares during the last quarter. Net profit margin of the company was recorded at 8.6 percent, operating profit margin was 14.4 percent, while gross profit margin stands at 34.1 percent. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period past year, the firm earned $1.97 EPS.
Several equities analysts recently issued reports on the company. Zacks Investment Research lowered Home Depot, Inc. On August 16 the stock rating was upgraded to “Overweight” from “Market Perform” and a price target of $165.00 was set in an announcement from Raymond James. Gwm Advisors LLC bolstered its stake by buying 1,879 shares an increase of 21.7% as of 06/30/2017. (The) in a research report on Wednesday, May 17th. Home Depot Inc now has $188.21B valuation. Cantor Fitzgerald maintained it with “Hold” rating and $125 target in Wednesday, November 18 report. The stock has a consensus rating of Buy and a consensus target price of $169.40. The rating was upgraded by Zacks to “Sell” on Monday, August 17. Forbes J M And Limited Liability Partnership has invested 0.18% of its portfolio in Home Depot Inc (NYSE:HD). (The) from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. Home Depot, Inc. (The) now has an average rating of “Buy” and an average price target of $169.40. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. Carey Matt had sold 14,680 shares worth $2.30M. Following the completion of the sale, the executive vice president now owns 33,147 shares in the company, valued at $4,984,977.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
More notable recent Home Depot Inc (NYSE:HD) news were published by: Seekingalpha.com which released: “Should We Invest In Home Depot Now?” on September 04, 2017, also Usatoday.com with their article: “Home Depot settles charges that it sold recalled products” published on August 30, 2017, Investorplace.com published: “Monday’s Vital Data: Apple Inc”. The 50 day moving average was up by +6.03% whereas the 200 day average was up by +5.57%. The disclosure for this purchase can be found here.
A number of other hedge funds also recently made changes to their positions in the stock.
As of quarter end Koshinski Asset Management, Inc. had bought 3,817 shares growing its stake by 65.6%. Pillar Pacific Capital Management LLC now owns 57,469 shares of the home improvement retailer’s stock worth $7,339,000 after buying an additional 904 shares in the last quarter. Riggs Asset Managment Co. Amica Mutual Ins holds 0.85% of its portfolio in Home Depot Inc (NYSE:HD) for 71,079 shares. (The) by 20.8% during the first quarter. Inc. now owns 745 shares of the home improvement retailer’s stock valued at $109,000 after buying an additional 397 shares during the period. RBC Capital Markets maintained Home Depot Inc (NYSE:HD) on Friday, June 16 with “Buy” rating. (The) in the first quarter valued at approximately $132,000. Finally, TNB Financial acquired a new stake in Home Depot, Inc.
For the Current Quarter, the growth estimate for The Home Depot, Inc.is 13.1%, while for the Next Quarter the stock growth estimate is 10.4%.
Institutional investors now hold around $136.12 billion or 73.3% in HD stock.
WARNING: This report was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another website, it was stolen and republished in violation of worldwide copyright and trademark legislation. The original version of this piece can be viewed at https://stocknewstimes.com/2017/09/11/segment-wealth-management-llc-has-3-87-million-position-in-home-depot-inc-the-hd.html. Bollard Limited Liability invested 0.04% in Home Depot Inc (NYSE:HD). The stock increased 1.09% or $1.72 during the last trading session, reaching $159.66. The firm has a 50 day moving average price of $150.97 and a 200 day moving average price of $151.33. (The) stock in a transaction on Thursday, September 7th. As per Tuesday, August 15, the company rating was maintained by Oppenheimer. The Home Depot Inc. had 72 analyst reports since August 19, 2015 according to SRatingsIntel.
The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.