Daiwa Sb Investments Ltd. Lowers stake in Home Depot Inc (HD)

Home Depot Inc (HD) : Daiwa Sb Investments Ltd. reduced its stake in Home Depot Inc by 4.68% during the most recent quarter end. The investment management company now holds a total of 79,290 shares of Home Depot Inc which is valued at $10,704,943 after selling 3,892 shares in Home Depot Inc , the firm said in a disclosure report filed with the SEC on Apr 12, 2016.Home Depot Inc makes up approximately 2.68% of Daiwa Sb Investments Ltd.’s portfolio.

Home Depot Inc opened for trading at $134.41 and hit $135.275 on the upside on Friday, eventually ending the session at $135.01, with a gain of 0.48% or 0.64 points. The heightened volatility saw the trading volume jump to 35,08,913 shares. Company has a market cap of $169,161 M.

Other Hedge Funds, Including , Gofen Glossberg Il boosted its stake in HD in the latest quarter, The investment management firm added 5,972 additional shares and now holds a total of 87,837 shares of Home Depot Inc which is valued at $11,858,873. Home Depot Inc makes up approx 0.50% of Gofen Glossberg Il’s portfolio.Marshwinds Advisory Co reduced its stake in HD by selling 575 shares or 2.73% in the most recent quarter. The Hedge Fund company now holds 20,465 shares of HD which is valued at $2,722,050. Home Depot Inc makes up approx 1.40% of Marshwinds Advisory Co’s portfolio.Vigilant Capital Management reduced its stake in HD by selling 1,135 shares or 34.5% in the most recent quarter. The Hedge Fund company now holds 2,155 shares of HD which is valued at $286,637. Home Depot Inc makes up approx 0.06% of Vigilant Capital Management’s portfolio.Proficio Capital Partners boosted its stake in HD in the latest quarter, The investment management firm added 422 additional shares and now holds a total of 914 shares of Home Depot Inc which is valued at $121,571. Home Depot Inc makes up approx 0.10% of Proficio Capital Partners’s portfolio.Toth Financial Advisory Corp boosted its stake in HD in the latest quarter, The investment management firm added 21 additional shares and now holds a total of 2,629 shares of Home Depot Inc which is valued at $349,683. Home Depot Inc makes up approx 0.12% of Toth Financial Advisory Corp’s portfolio.

On the company’s financial health, Home Depot Inc reported $1.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Feb 23, 2016. Analyst had a consensus of $1.10. The company had revenue of $20980.00 million for the quarter, compared to analysts expectations of $20396.59 million. The company’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 EPS.

Many Wall Street Analysts have commented on Home Depot Inc. Barclays Initiated Home Depot Inc on Mar 31, 2016 to “Overweight”, Price Target of the shares are set at $150.Home Depot Inc was Upgraded by Deutsche Bank to ” Buy” on Jan 25, 2016.

The Home Depot Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104000 square feet of enclosed space with approximately 24000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers do-it-for-me (DIFM) customers and professional customers. As of December 31 2014 the Company had 2269 The Home Depot stores which included 1977 stores in the United States including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada and 111 stores in Mexico.

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