Research Report for Investors: The Home Depot, Inc. (NYSE:HD)

Saturday, 06 Jan, 2018

Shares of Home Depot (NYSE HD) traded up $1.45 during mid-day trading on Monday, hitting $191.96.

More notable recent The Home Depot, Inc. YY Inc. (NASDAQ:YY) has risen 20.20% since January 5, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Greenwood Gearhart Inc increased its stake in Conocophillips Com (COP) by 6.77% based on its latest 2017Q3 regulatory filing with the SEC. Nepsis Capital Management Inc bought 3,446 shares as the company's stock rose 1.94% with the market. The institutional investor held 149,529 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $7.75M, up from 142,820 at the end of the previous reported quarter. (NYSE:HD) were released by: Fool.com and their article: "Home Depot Goes Soft With Latest Acquisition" published on January 04, 2018 as well as Usnews.com's news article titled: "Home Depot, T-Mobile Announce Massive Buybacks" with publication date: December 06, 2017. It has underperformed by 3.04% the S&P500. State Treasurer State of MI raised its position in Home Depot by 8.7% in the first quarter. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company. Therefore 73% are positive. The Home Depot Inc. had 100 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Wednesday, August 19 by S&P Research. The stock now has a consensus rating of "Buy" and an average price target of $183.28. The firm has "Buy" rating given on Wednesday, November 18 by Argus Research. Royal Bank of Canada set a $179.00 target price on shares of Home Depot and gave the company a "buy" rating in a research report on Monday, October 30th. Finally, Signature Estate & Investment Advisors LLC bought a new position in Home Depot in the first quarter worth approximately $265,000. The company was upgraded on Wednesday, May 25 by Jefferies.

Among 52 analysts covering Apple Inc. The firm earned "Buy" rating on Friday, December 22 by Stifel Nicolaus. The rating was maintained by UBS on Wednesday, November 18 with "Buy". The firm has "Outperform" rating by Credit Suisse given on Wednesday, November 18. The firm has "Buy" rating given on Friday, May 5 by Bernstein.

Since August 16, 2017, it had 0 insider purchases, and 5 insider sales for $18.46 million activity. Roseborough Teresa Wynn sold $2.26 million worth of stock. (NYSE:HD). Gradient Limited Co, a Minnesota-based fund reported 48,797 shares.

Wedbush also issued estimates for Home Depot's Q2 2019 earnings at $2.49 EPS, Q3 2019 earnings at $1.99 EPS, FY2019 earnings at $8.04 EPS and FY2020 earnings at $8.68 EPS. Its down 0.14, from 0.98 in 2017Q2. It increased, as 59 investors sold HD shares while 562 reduced holdings.

Several hedge funds have recently made changes to their positions in HD. Hence the difference between Predicted EPS and Actual EPS reported is $0.02/share which shows an Earnings Surprise of 1.1 Percent. Shares buyback programs are often an indication that the company's management believes its shares are undervalued. (NYSE:HD). Wellington Shields Cap Lc invested in 11,147 shares or 0.24% of the stock. Jackson Grant Investment Advisers Inc. lifted its stake in shares of Home Depot by 0.4% in the first quarter. (NYSE:HD). Employees Retirement Association Of Colorado holds 1.1% in The Home Depot, Inc. Braun Stacey Associate has 118,541 shares for 1.33% of their portfolio. Lbmc Advsrs Ltd Liability holds 0.04% or 1,252 shares. Home Depot Inc (Call) now has $223.93 billion valuation. (NYSE:HD) for 6,664 shares. Patriot Wealth Management Inc holds 60,021 shares or 1.59% of its portfolio. (NYSE:HD) to report earnings on February, 20. Zacks Inv owns 2.04% invested in The Home Depot, Inc. (NYSE:HD). Marco Inv Mgmt Limited invested 1.89% in The Home Depot, Inc. Windsor Capital Mngmt Limited Liability Corporation has 0.23% invested in The Home Depot, Inc. (NYSE:HD) earned "Buy" rating by Vetr on Saturday, August 29.

The Home Depot, Inc (The Home Depot) is a home improvement retailer. (NYSE:HD). 45,997 were reported by Cornerstone Cap. Bronson Point Mgmt Limited holds 2.96% of its portfolio in Halliburton Company (NYSE:HAL) for 200,000 shares. Cubist Systematic Strategies Lc holds 0.31% or 33,665 shares. Lakeview Capital Partners LLC's holdings in Home Depot were worth $4,199,000 at the end of the most recent reporting period. The stock increased 1.11% or $0.12 during the last trading session, reaching $11.21. HD's profit will be $1.89 billion for 29.40 P/E if the $1.62 EPS becomes a reality. $1.63M worth of The Home Depot, Inc.

Tiaa Cref Investment Management Llc, which manages about $146.61B US Long portfolio, upped its stake in Coherent Inc (NASDAQ:COHR) by 30,721 shares to 162,297 shares, valued at $38.17M in 2017Q3, according to the filing. It also increased its holding in Smucker J M Co (NYSE:SJM) by 3,430 shares in the quarter, for a total of 12,520 shares, and has risen its stake in Raytheon Co (NYSE:RTN). Cullinan Assoc Incorporated, a Kentucky-based fund reported 21,976 shares. It also reduced its holding in General Mls Inc (NYSE:GIS) by 9,696 shares in the quarter, leaving it with 112,926 shares, and cut its stake in Realty Income Corp (NYSE:O). With 161,200 avg volume, 4 days are for Calamos Convertible Opportunitie (NASDAQ:CHI)'s short sellers to cover CHI's short positions. Qualcomm Inc. had 122 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald with "Hold" on Monday, August 17. Robert W. Baird set a $175.00 price target on shares of Home Depot and gave the stock a "buy" rating in a report on Friday, October 13th. (NYSE:HD) earned "Neutral" rating by Atlantic Securities on Thursday, May 11. BMO Capital Markets maintained it with "Buy" rating and $176.0 target in Wednesday, September 13 report. The rating was maintained by Jefferies with "Hold" on Tuesday, October 3. The company presently has an average rating of "Buy" and an average target price of $183.28. RBC Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, November 5 with "Outperform" rating.

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