Home Depot Inc (HD) : Congress Asset Management Co reduced its stake in Home Depot Inc by 4.42% during the most recent quarter end. The investment management company now holds a total of 576,773 shares of Home Depot Inc which is valued at $76,785,789 after selling 26,688 shares in Home Depot Inc , the firm said in a disclosure report filed with the SEC on May 9, 2016.Home Depot Inc makes up approximately 1.89% of Congress Asset Management Co’s portfolio.
Other Hedge Funds, Including , Fundx Investment Group sold out all of its stake in HD during the most recent quarter. The investment firm sold 3,330 shares of HD which is valued $443,323.Bronfman E.l. Rothschild boosted its stake in HD in the latest quarter, The investment management firm added 844 additional shares and now holds a total of 12,833 shares of Home Depot Inc which is valued at $1,741,438. Home Depot Inc makes up approx 0.31% of Bronfman E.l. Rothschild’s portfolio.Ci Global Investments reduced its stake in HD by selling 27,550 shares or 26.18% in the most recent quarter. The Hedge Fund company now holds 77,700 shares of HD which is valued at $10,543,890. Home Depot Inc makes up approx 0.26% of Ci Global Investments’s portfolio.Patton Albertson Miller Group boosted its stake in HD in the latest quarter, The investment management firm added 565 additional shares and now holds a total of 2,087 shares of Home Depot Inc which is valued at $283,206. Home Depot Inc makes up approx 0.14% of Patton Albertson Miller Group’s portfolio.Brighton Jones reduced its stake in HD by selling 705 shares or 4.67% in the most recent quarter. The Hedge Fund company now holds 14,394 shares of HD which is valued at $1,953,266. Home Depot Inc makes up approx 0.35% of Brighton Jones’s portfolio.
Home Depot Inc closed down -1.06 points or -0.79% at $133.13 with 52,95,789 shares getting traded on Friday. Post opening the session at $133.81, the shares hit an intraday low of $133.03 and an intraday high of $135.33 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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.