Appleton Partners Incma buys $14,572,597 stake in Home Depot Inc (HD)

Home Depot Inc (HD) : Appleton Partners Incma scooped up 1,789 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 21, 2016. The investment management firm now holds a total of 107,420 shares of Home Depot Inc which is valued at $14,572,597.Home Depot Inc makes up approximately 2.84% of Appleton Partners Incma’s portfolio.

Home Depot Inc opened for trading at $135.37 and hit $136.28 on the upside on Wednesday, eventually ending the session at $135.75, with a gain of 0.30% or 0.41 points. The heightened volatility saw the trading volume jump to 34,88,050 shares. Company has a market cap of $170,088 M.

Other Hedge Funds, Including , Eagle Ridge Investment Management reduced its stake in HD by selling 852 shares or 0.86% in the most recent quarter. The Hedge Fund company now holds 97,887 shares of HD which is valued at $13,279,350. Home Depot Inc makes up approx 3.05% of Eagle Ridge Investment Management’s portfolio.Brookstone Capital Management reduced its stake in HD by selling 767 shares or 8.12% in the most recent quarter. The Hedge Fund company now holds 8,678 shares of HD which is valued at $1,171,617. Home Depot Inc makes up approx 0.18% of Brookstone Capital Management’s portfolio.Atlas Browninc. boosted its stake in HD in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 4,982 shares of Home Depot Inc which is valued at $672,620. Home Depot Inc makes up approx 0.28% of Atlas Browninc.’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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