Home Depot Inc (HD) : Pacwest Financial Management Inc scooped up 258 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 25, 2016. The investment management firm now holds a total of 20,895 shares of Home Depot Inc which is valued at $2,797,632.Home Depot Inc makes up approximately 1.80% of Pacwest Financial Management Inc’s portfolio.
Home Depot Inc opened for trading at $134.37 and hit $136.25 on the upside on Monday, eventually ending the session at $136.05, with a gain of 1.61% or 2.16 points. The heightened volatility saw the trading volume jump to 42,84,363 shares. Company has a market cap of $170,464 M.
Other Hedge Funds, Including , Kanawha Capital Management reduced its stake in HD by selling 340 shares or 1.22% in the most recent quarter. The Hedge Fund company now holds 27,603 shares of HD which is valued at $3,695,766. Home Depot Inc makes up approx 0.63% of Kanawha Capital Management’s portfolio.Seabridge Investment Advisors reduced its stake in HD by selling 2,430 shares or 8.52% in the most recent quarter. The Hedge Fund company now holds 26,088 shares of HD which is valued at $3,539,098. Home Depot Inc makes up approx 0.80% of Seabridge Investment Advisors’s portfolio.Fort Pitt Capital Group reduced its stake in HD by selling 145 shares or 5.24% in the most recent quarter. The Hedge Fund company now holds 2,623 shares of HD which is valued at $355,836. Home Depot Inc makes up approx 0.04% of Fort Pitt Capital Group’s portfolio.Endurance Wealth Management reduced its stake in HD by selling 4,110 shares or 4.83% in the most recent quarter. The Hedge Fund company now holds 81,069 shares of HD which is valued at $10,945,126. Home Depot Inc makes up approx 2.11% of Endurance Wealth Management’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in HD in the latest quarter, The investment management firm added 33,201 additional shares and now holds a total of 288,667 shares of Home Depot Inc which is valued at $38,972,932. Home Depot Inc makes up approx 0.89% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’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.