Macguire Cheswick Tuttle Investment Counsel buys $17,865,584 stake in Home Depot Inc (HD)

Home Depot Inc (HD) : Macguire Cheswick Tuttle Investment Counsel scooped up 1,470 additional shares in Home Depot Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 131,655 shares of Home Depot Inc which is valued at $17,865,584.Home Depot Inc makes up approximately 4.18% of Macguire Cheswick Tuttle Investment Counsel’s portfolio.

Home Depot Inc opened for trading at $134.48 and hit $135.81 on the upside on Friday, eventually ending the session at $135.7, with a gain of 0.76% or 1.03 points. The heightened volatility saw the trading volume jump to 33,56,848 shares. Company has a market cap of $170,025 M.

Other Hedge Funds, Including , Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in HD in the latest quarter, The investment management firm added 15,922 additional shares and now holds a total of 197,858 shares of Home Depot Inc which is valued at $26,849,331. Home Depot Inc makes up approx 0.73% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.Bank Of Stockton boosted its stake in HD in the latest quarter, The investment management firm added 92 additional shares and now holds a total of 15,136 shares of Home Depot Inc which is valued at $2,026,559. Home Depot Inc makes up approx 1.10% of Bank Of Stockton’s portfolio.Conning boosted its stake in HD in the latest quarter, The investment management firm added 450 additional shares and now holds a total of 33,201 shares of Home Depot Inc which is valued at $4,445,282. Home Depot Inc makes up approx 0.19% of Conning’s portfolio.Leavell Investment Management boosted its stake in HD in the latest quarter, The investment management firm added 1,127 additional shares and now holds a total of 56,667 shares of Home Depot Inc which is valued at $7,687,445. Home Depot Inc makes up approx 1.14% of Leavell Investment Management’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.

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.