The Top Three Holders Of The Home Depot, Inc. (HD)

A Strong Housing Market Could Push Home Depot Inc Stock Past $200

A Strong Housing Market Could Push Home Depot Inc Stock Past $200

Vipshop Holdings Ltd - ADR (NYSE: VIPS) reported weaker-than-expected earnings for its first quarter on Monday. However, The Home Depot, Inc.'s stock still has good chances and the whole Home Improvement Stores may benefit from its progress.

Net earnings rose to $2.40 billion or $2.08 per share in the first quarter, from $2.01 billion or $1.67 per share a year earlier. (NYSE:HD) for 60,312 shs. Dimensional Fund Advisors LP boosted its stake in shares of The Home Depot by 0.3% during the 3rd quarter. United Automobile Association owns 0.59% invested in The Home Depot, Inc. Funds hold 788.59 million shares thus 0.96% less from 2017Q3's 796.24 million shares. (NYSE:HD) for 2,175 shs. Paragon Capital Management Llc owns 98,454 shares or 1.81% of their USA portfolio. 16,827 The Home Depot, Inc. The ratio has increased, as 195 institutional investors opened new or increased equity positions, while 72 sold and reduced their positions in Commerce Bancshares Inc. The titles are as follows: "Is Home Depot, Inc". The insider Roseborough Teresa Wynn sold 10,916 shares worth $1.97M. Shares for $20.89 million were sold by Menear Craig A. Also, Director Gregory D. Brenneman acquired 16,827 shares of The Home Depot stock in a transaction that occurred on Wednesday, March 21st.

The Commerce Department will report on newly started residential construction Wednesday and there are signs that buyers have not been deterred by soaring home prices and rising mortgage rates. Rothschild Il holds 0.35% or 17,190 shs. Campbell Ann Marie had sold 37,680 shs worth $7.02 million on Thursday, February 22. (NYSE:HD) on Thursday, February 22. Following the transaction, the director now directly owns 42,300 shares of the company's stock, valued at approximately $7,557,318. And the announced value of the consumer services company is $451.12M for the 2017Q4. Now the institutional investor is holding 31,373 shares, compared to the 1,390 from the previous quarter. The company was maintained on Thursday, December 7 by RBC Capital Markets.

Shares of Home Depot are trading lower in the premarket. HD is uptrending and has moved 18.94% since May 14, 2017. HD outperformed the S&P500 by 7.39%.

Tower Research Capital Llc Trc reduced its stake in Spdr S&P Midcap 400 Etf Tr (MDY) by 9,863 shares to 100 shares, valued at $35,000 in 2017Q4, according to the filing. The fund operates about $88.88 billion and $41.30 billion US Long portfolio. Finally, Dorsey & Whitney Trust CO LLC lifted its holdings in The Home Depot by 7.6% during the 3rd quarter.

More notable recent The Home Depot, Inc. (NYSE:CIT) news were published by: Globenewswire.com which released: "Recent Analysis Shows CIT Group, Republic Services, Etsy, Tiffany, Booz Allen Hamilton Holding, and EOG Resources ..." on May 09, 2018, also Prnewswire.com with their article: "CIT Declares Dividends" published on April 16, 2018, Prnewswire.com published: "FinTech Breakthrough Names CIT Point-Of-Sale Platform As "Best Small Business Lending Solution" In 2018" on May 07, 2018. Home Depot Inc now has $220.26 billion valuation. Therefore 40% are positive.

The 52-week low presently is 32.46%, and the 52-week high is now set up at -7.96%. $204.78's average target is 8.38% above currents $188.94 stock price. On Wednesday, February 21 Wedbush maintained The Home Depot, Inc. CIT Group had 68 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Tuesday, January 30 by Guggenheim. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. On Tuesday, February 20 the rating was maintained by Robert W. Baird with "Buy". On Wednesday, January 24 the rating was maintained by Stifel Nicolaus with "Buy". The firm earned "Market Outperform" rating on Thursday, July 13 by JMP Securities. The Minnesota-based Speece Thorson Capital Group Inc has invested 1.74% in the stock. BMO Capital Markets has "Outperform" rating and $213 target. Analysts were looking for total same-store sales to rise by 5.6%, and that target was not in sight as the company reported same-store sales of 4.2%. On Monday, February 5 the rating was maintained by Jefferies with "Buy".

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.