Storm Relief Yields Sales Momentum for Home Depot

Home Depot

More notable recent Home Depot Inc (NYSE:HD) news were published by: Nasdaq.com which released: "Kessler Investment Group, LLC Buys Apple Inc, The Home Depot Inc, Amazon".

In other news, EVP Matt Carey sold 32,000 shares of the stock in a transaction on Thursday, September 7th. It also increased its holding in Metlife Inc (Call) (NYSE:MET) by 807,000 shares in the quarter, for a total of 3.81 million shares, and has risen its stake in Textron Inc (Call) (NYSE:TXT). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt Corporation holds 0.01% or 40,108 shares in its portfolio. Voya Inv Mngmt Ltd owns 2.59 million shares. (The) by 0.7% during the first quarter. The institutional investor owned 120,900 shares of the home improvement retailer's stock after selling 5,940 shares during the quarter. American International Group Inc owns 358,325 shares valued at $58,608,000. Thomas White reported 0.29% of its portfolio in Home Depot Inc (NYSE:HD). This illustrates a relatively optimistic outlook in the near term, with a relatively solid earnings per share growth rate of 34.93% over the next few years. Curbstone Fincl has 0.63% invested in Home Depot Inc (NYSE:HD). (The) by 1.3% during the second quarter. Moloney Securities Asset Management LLC now owns 4,816 shares of the home improvement retailer's stock worth $707,000 after buying an additional 532 shares in the last quarter. Finally, Alexandria Capital LLC boosted its stake in The Home Depot by 1.8% in the second quarter. Lvw Advsrs stated it has 2,344 shares.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this article on another publication, it was stolen and reposted in violation of United States & global copyright laws. Shares for $4.86M were sold by Lennie William G. Another trade for 7,000 shares valued at $1.10M was sold by Campbell Ann Marie. The stock was sold at an average price of $136.03, for a total value of $1,587,606.13. Following the sale, the executive vice president now owns 64,810 shares in the company, valued at $9,877,044. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Roseborough Teresa Wynn had sold 29,076 shares worth $4.57M.

Several firms have shifted positions in (HD). The stock of Home Depot Inc (NYSE:HD) has "Overweight" rating given on Thursday, February 23 by Morgan Stanley. Tutor Perini Corp had 22 analyst reports since August 8, 2015 according to SRatingsIntel. Home Depot Inc (NYSE:HD) has risen 18.65% since November 12, 2016 and is uptrending. (The) in a research note on Wednesday, August 16th.

Centre Asset Management Llc decreased Home Depot Inc (HD) stake by 7.17% reported in 2017Q2 SEC filing. (The) in a research report on Tuesday, October 3rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock of MTGE Investment Corp (NASDAQ:MTGE) has "Buy" rating given on Tuesday, October 31 by Maxim Group. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) clients and professional customers. The stock rose 0.36% or $0.59 reaching $164.7. The average ticket was up 5.1% tp $62.84. The company has a market capitalization 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. The relative volume (ratio between current volume and 3-month average) is presently sitting at 1.08.

Home Depot also forecast 2017 comparables sales to be up approximately 6.5%.

The Atlanta-based home improvement warehouse operator reported Q3 earnings per share (EPS) of $1.84, which was $0.02 better than the Wall Street consensus estimate of $1.82. For the last period, the company reported quarter over quarter EPS growth of 14.20% and quarter over quarter sales growth of 6.20%. Menear Craig A also sold $14.21M worth of Home Depot Inc (NYSE:HD) on Wednesday, May 17. The firm had revenue of $28.11 billion for the quarter, compared to the consensus estimate of $27.84 billion. During the same period in the prior year, the business posted $1.97 earnings per share.

Shares of Home Depot, Inc.

Related:

Comments


Other news