Home Depot Inc (HD) : Wright Investors Service Inc scooped up 6,598 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 27,582 shares of Home Depot Inc which is valued at $3,692,954.Home Depot Inc makes up approximately 1.46% of Wright Investors Service 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 , Bedrijfstakpensioenfonds Voor De Media Pno reduced its stake in HD by selling 28,200 shares or 15.06% in the most recent quarter. The Hedge Fund company now holds 159,100 shares of HD which is valued at $21,301,899. Home Depot Inc makes up approx 3.06% of Bedrijfstakpensioenfonds Voor De Media Pno’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in HD in the latest quarter, The investment management firm added 423,228 additional shares and now holds a total of 751,666 shares of Home Depot Inc which is valued at $101,971,010. Home Depot Inc makes up approx 0.42% of Bnp Paribas Arbitrage Sa’s portfolio.Jnba Financial Advisors reduced its stake in HD by selling 123 shares or 5.13% in the most recent quarter. The Hedge Fund company now holds 2,274 shares of HD which is valued at $308,491. Home Depot Inc makes up approx 0.11% of Jnba Financial Advisors’s portfolio.Beacon Capital Management reduced its stake in HD by selling 3 shares or 0.55% in the most recent quarter. The Hedge Fund company now holds 540 shares of HD which is valued at $73,256.Mission Wealth Management reduced its stake in HD by selling 227 shares or 5.74% in the most recent quarter. The Hedge Fund company now holds 3,728 shares of HD which is valued at $503,317. Home Depot Inc makes up approx 0.13% of Mission Wealth 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.