Fjarde Ap-fonden Fourth Swedish National Pension Fund buys $38,972,932 stake in Home Depot Inc (HD)

Home Depot Inc (HD) : Fjarde Ap-fonden Fourth Swedish National Pension Fund scooped up 33,201 additional shares in Home Depot Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 11, 2016. The investment management firm now holds a total of 288,667 shares of Home Depot Inc which is valued at $38,972,932.Home Depot Inc makes up approximately 0.89% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’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 , Dnb Asset Management As boosted its stake in HD in the latest quarter, The investment management firm added 39,600 additional shares and now holds a total of 105,155 shares of Home Depot Inc which is valued at $14,196,977. Home Depot Inc makes up approx 0.29% of Dnb Asset Management As’s portfolio.Greylin Investment Mangement Inc reduced its stake in HD by selling 2,475 shares or 6.16% in the most recent quarter. The Hedge Fund company now holds 37,684 shares of HD which is valued at $5,012,349. Home Depot Inc makes up approx 1.18% of Greylin Investment Mangement Inc’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.Chelsea Counsel Co reduced its stake in HD by selling 478 shares or 17.21% in the most recent quarter. The Hedge Fund company now holds 2,300 shares of HD which is valued at $305,923. Home Depot Inc makes up approx 0.09% of Chelsea Counsel Co’s portfolio.Private Asset Management Inc reduced its stake in HD by selling 318 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 110,280 shares of HD which is valued at $14,668,343. Home Depot Inc makes up approx 2.68% of Private Asset Management Inc’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.

Leave a Reply

Home Depot Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Home Depot Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.