Capital One National Association Lowers stake in Home Depot Inc (HD)

Home Depot Inc (HD) : Capital One National Association reduced its stake in Home Depot Inc by 0.29% during the most recent quarter end. The investment management company now holds a total of 104,761 shares of Home Depot Inc which is valued at $14,211,877 after selling 304 shares in Home Depot Inc , the firm said in a disclosure report filed with the SEC on Apr 18, 2016.Home Depot Inc makes up approximately 1.27% of Capital One National Association’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 , Sigma Planning Corp reduced its stake in HD by selling 78 shares or 0.44% in the most recent quarter. The Hedge Fund company now holds 17,455 shares of HD which is valued at $2,367,945. Home Depot Inc makes up approx 0.32% of Sigma Planning Corp’s portfolio.Exchange Capital Management boosted its stake in HD in the latest quarter, The investment management firm added 1,675 additional shares and now holds a total of 3,865 shares of Home Depot Inc which is valued at $521,814. Home Depot Inc makes up approx 0.22% of Exchange Capital Management’s portfolio.Monroe Bank Trustmi reduced its stake in HD by selling 1,686 shares or 48.66% in the most recent quarter. The Hedge Fund company now holds 1,779 shares of HD which is valued at $240,183. Home Depot Inc makes up approx 0.08% of Monroe Bank Trustmi’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.

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