Home Depot's profit, sales top estimates on higher traffic, spending

Chelsea West
February 21, 2018

The institutional investor held 98,227 shares of the consumer services company at the end of 2017Q3, valued at $16.07 million, up from 96,107 at the end of the previous reported quarter.

The home-improvement retailer posted revenue of $23.88 billion in the period, also surpassing Street forecasts. Laurion Cap Mgmt LP reported 0.02% in eBay Inc. Stifel Financial Corp bought 69,646 shares as the company's stock rose 9.30% with the market. Carey Matt sold $5.03M worth of stock. Mark Sheptoff Fincl Planning Lc owns 4,351 shares for 0.48% of their portfolio. It also increased its holding in Jpmorgan Chase & Co (NYSE:JPM) by 64,800 shares in the quarter, for a total of 239,600 shares, and has risen its stake in Adobe Sys Inc (NASDAQ:ADBE).

On 8/16/2017 Ann Marie Campbell, EVP, sold 10,717 with an average share price of $152.40 per share and the total transaction amounting to $1,633,270.80. Hsbc Plc has invested 0.7% in The Home Depot, Inc. The company's revenue for the quarter was up 7.5% on a year-over-year basis. Roseborough Teresa Wynn sold $2.26 million worth of stock or 15,000 shares. Barclays Capital maintained the stock with "Overweight" rating in Wednesday, August 16 report.

Home Depot (NYSE:HD)'s stock had its "buy" rating reiterated by stock analysts at Bank of America in a research note issued on Tuesday.

The Home Depot, Inc (The Home Depot) is a home improvement retailer. (HD) stock is now trading 12.38% away from its average-price of 200 days while it maintained a distance of -2.18% from its 50 Days Moving Average and -4.11% compared with the 20 Day Moving Average.

Among 26 analysts covering Kellogg Company (NYSE:K), 9 have Buy rating, 3 Sell and 14 Hold. Following the completion of the transaction, the executive vice president now directly owns 29,559 shares of the company's stock, valued at approximately $5,410,183.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Fairfield Bush And Company has invested 0.44% in General Electric Company (NYSE:GE).

To have technical views, liquidity ratio of The Home Depot, Inc. About 5.46 million shares traded or 3.39% up from the average.

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Analysts expect Aratana Therapeutics, Inc.

HD has price to earnings growth ratio of 1.66, it is adding factors in a stock's estimated earnings growth into its current valuation that showed 25.95 by price to earning ration.

Home Depot Inc shares fell $0.47 (-0.25%) in premarket trading Tuesday. The Return on Equity ratio of The Home Depot, Inc. Eleven analysts surveyed by Zacks expected $23.66 billion.

EPS Estimate for the next year is 9.1.

Its adjusted earnings of $1.69 per share beat analysts' estimate of $1.61. Investors of record on Thursday, March 8th will be paid a $1.03 dividend. Pacific Global Management holds 1.43% in The Home Depot, Inc. This represents a $4.12 annualized dividend and a dividend yield of 2.21%.

Home Depot announced that its board has authorized a stock buyback plan on Wednesday, December 6th that authorizes the company to buyback $15.00 billion in outstanding shares. This repurchase authorization authorizes the home improvement retailer to purchase shares of its stock through open market purchases. The Iowa-based Cambridge Investment Research Advisors Inc. has invested 0.01% in the stock.

COPYRIGHT VIOLATION WARNING: This story was first published by The Lincolnian Online and is the sole property of of The Lincolnian Online. The stock of The Home Depot, Inc. The firm offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM clients through third-party installers.

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