Greylin Investment Mangement Inc Lowers stake in Home Depot Inc (HD)

Home Depot Inc (HD) : Greylin Investment Mangement Inc reduced its stake in Home Depot Inc by 4.31% during the most recent quarter end. The investment management company now holds a total of 36,059 shares of Home Depot Inc which is valued at $4,915,202 after selling 1,625 shares in Home Depot Inc , the firm said in a disclosure report filed with the SEC on Jul 25, 2016.Home Depot Inc makes up approximately 1.09% of Greylin Investment Mangement Inc’s portfolio.

Other Hedge Funds, Including , Skylands Capital boosted its stake in HD in the latest quarter, The investment management firm added 1,800 additional shares and now holds a total of 12,200 shares of Home Depot Inc which is valued at $1,662,982. Home Depot Inc makes up approx 0.26% of Skylands Capital’s portfolio.Joel Isaacson reduced its stake in HD by selling 370 shares or 4.14% in the most recent quarter. The Hedge Fund company now holds 8,563 shares of HD which is valued at $1,169,021. Home Depot Inc makes up approx 0.24% of Joel Isaacson’s portfolio.Livforsakringsbolaget Skandia Omsesidigt boosted its stake in HD in the latest quarter, The investment management firm added 7,400 additional shares and now holds a total of 149,124 shares of Home Depot Inc which is valued at $20,331,566. Home Depot Inc makes up approx 0.87% of Livforsakringsbolaget Skandia Omsesidigt’s portfolio.Windward Capital Management Co Ca boosted its stake in HD in the latest quarter, The investment management firm added 65 additional shares and now holds a total of 3,685 shares of Home Depot Inc which is valued at $502,413. Home Depot Inc makes up approx 0.09% of Windward Capital Management Co Ca’s portfolio.

Home Depot Inc opened for trading at $137.46 and hit $138.72 on the upside on Friday, eventually ending the session at $138.24, with a gain of 0.20% or 0.28 points. The heightened volatility saw the trading volume jump to 36,62,581 shares. Company has a market cap of $171,972 M.

On the company’s financial health, Home Depot Inc reported $1.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on May 17, 2016. Analyst had a consensus of $1.35. The company had revenue of $22762.00 million for the quarter, compared to analysts expectations of $22389.43 million. The company’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.16 EPS.

Many Wall Street Analysts have commented on Home Depot Inc. Nomura Upgraded Home Depot Inc on Jun 23, 2016 to ” Buy”, Price Target of the shares are set at $155.Topeka Capital Markets Initiated Home Depot Inc on May 24, 2016 to “Buy”, Price Target of the shares are set at $158.Company shares were Reiterated by Deutsche Bank on May 18, 2016 to “Buy”, Firm has raised the Price Target to $ 143 from a previous price target of $135 .

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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