Aull Monroe Investment Management Corp Lowers stake in Home Depot Inc (HD)

Home Depot Inc (HD) : Aull Monroe Investment Management Corp reduced its stake in Home Depot Inc by 2.99% during the most recent quarter end. The investment management company now holds a total of 33,657 shares of Home Depot Inc which is valued at $4,565,909 after selling 1,038 shares in Home Depot Inc , the firm said in a disclosure report filed with the SEC on Apr 20, 2016.Home Depot Inc makes up approximately 2.69% of Aull Monroe Investment Management Corp’s portfolio.

Home Depot Inc opened for trading at $134.85 and hit $135.68 on the upside on Friday, eventually ending the session at $135.66, with a gain of 0.79% or 1.06 points. The heightened volatility saw the trading volume jump to 41,80,910 shares. Company has a market cap of $169,975 M.

Other Hedge Funds, Including , Winslow Evans Crocker reduced its stake in HD by selling 257 shares or 0.78% in the most recent quarter. The Hedge Fund company now holds 32,867 shares of HD which is valued at $4,458,737. Home Depot Inc makes up approx 1.32% of Winslow Evans Crocker’s portfolio. Butensky Cohen Financial Security Inc sold out all of its stake in HD during the most recent quarter. The investment firm sold 26 shares of HD which is valued $3,527.Capital One National Association reduced its stake in HD by selling 304 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 104,761 shares of HD which is valued at $14,211,877. Home Depot Inc makes up approx 1.27% of Capital One National Association’s portfolio.Heritage Investors Management Corp reduced its stake in HD by selling 2,310 shares or 1.39% in the most recent quarter. The Hedge Fund company now holds 164,042 shares of HD which is valued at $22,147,310. Home Depot Inc makes up approx 1.68% of Heritage Investors Management 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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