ibusinesslines.com November 12, 2018

Home Depot Sales Rose 8.1% in Q3 Year Over Year

14 November 2017, 04:09 | Kelvin Horton

Home Depot Sales Rose 8.1% in Q3 Year Over Year

American flag flies over a Home Depot store location in Bellingham Mass. The Home Depot Inc. reports financial results on Tuesday Nov. 14 2017

Cadence Capital Management invested in 99,476 shares or 1.06% of the stock. Arrow Financial Corp's holdings in Home Depot, Inc.

A number of other institutional investors have also bought and sold shares of the business.

The hurricane negatively affected Home Depot's operating profit by $51 million. (The) by 0.7% during the first quarter. Piershale Financial Group Inc. now owns 2,258 shares of the home improvement retailer's stock valued at $288,000 after buying an additional 12 shares in the last quarter.

Masters Capital Management Llc, which manages about $652.61 million and $4.04 billion US Long portfolio, upped its stake in Deutsche Bank Ag (Call) (NYSE:DB) by 1.91 million shares to 4.91 million shares, valued at $87.40 million in 2017Q2, according to the filing. Whittier Trust Co. of Nevada Inc. now owns 33,597 shares of the home improvement retailer's stock valued at $4,933,000 after purchasing an additional 324 shares during the period. Holt Capital Lc Dba Holt Capital Ptnrs L P stated it has 0.21% in Home Depot Inc (NYSE:HD). (The) by 13.3% in the second quarter. Private Wealth Advsr owns 0.15% invested in Home Depot Inc (NYSE:HD) for 2,224 shares. The stock decreased 4.35% or $1.1 on November 10, reaching $24.2. Northern Trust Corp now owns 17,333,833 shares of the home improvement retailer's stock worth $2,659,010,000 after acquiring an additional 222,958 shares during the period. After $0.09 actual EPS reported by CPI Aerostructures, Inc. for the previous quarter, Wall Street now forecasts 88.89% EPS growth.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece on another site, it was stolen and reposted in violation of global copyright legislation. Pettee Investors Inc has invested 1.2% in Home Depot Inc (NYSE:HD). Roseborough Teresa Wynn had sold 29,076 shares worth $4.57M on Wednesday, May 17. The shares were sold at an average price of $150.39, for a total value of $2,255,850.00. It increased, as 38 investors sold HD shares while 632 reduced holdings. The firm has a 50-day moving average price of $125.97 and a 200-day moving average price of $131.35. The disclosure for this sale can be found here. Cypress Mngmt Limited Liability Company invested in 57,406 shares or 2.1% of the stock. Telsey Advisory Group maintained the shares of HD in report on Monday, December 7 with "Outperform" rating. "(The) (HD) Shares Sold by Macguire Cheswick & Tuttle Investment Counsel LLC" was originally reported by Week Herald and is the property of of Week Herald. (The) in a research report on Tuesday, September 5th. Home Depot Inc (NYSE:HD) has risen 18.65% since November 12, 2016 and is uptrending. (The) in a report on Thursday, August 10th. M&R Capital Mngmt Incorporated has 0.39% invested in Home Depot Inc (NYSE:HD). The rating was maintained by S&P Research with "Hold" on Wednesday, August 19. Oppenheimer Holdings, Inc. set a $178.00 price target on Home Depot, Inc. Jefferies maintained Home Depot Inc (NYSE:HD) on Friday, June 23 with "Buy" rating.

Home Depot raised its forecasts for the year ending January 2018, citing strength in the housing market and projected hurricane-recovery sales. (The) in a research note on Tuesday, November 7th. (The) (NASDAQ:HD), 14 rate it "Buy", 9 "Outperform", 10 "Underperform", 0 "Sell", while 0 "Hold".

WARNING: "Advisors Asset Management Inc". (HD) traded up $0.84 during midday trading on Wednesday, reaching $164.11. Following the transaction, the executive vice president now owns 44,107 shares of the company's stock, valued at $5,999,875.21. HD's profit will be $2.12 billion for 22.79 P/E if the $1.80 EPS becomes a reality. The relative volume (ratio between current volume and 3-month average) is presently sitting at 1.08.

American International Group Inc increased its stake in Home Depot Inc (HD) by 20.89% based on its latest 2017Q2 regulatory filing with the SEC. The home improvement store posted diluted net earnings per share of $1.84 in the quarter on revenues of $25.00 billion. The Home Depot had a return on equity of 110.52% and a net margin of 8.08%. The business had revenue of $28.11 billion for the quarter, compared to the consensus estimate of $27.84 billion. As per Wednesday, April 6, the company rating was maintained by Goldman Sachs.

Home Depot (NYSE:HD) trades higher after crushing comparable sale estimates in Q3 (+7.9% vs. +5.4%) amid a flurry of hurricane-related buying activity. Has $34.60 Million Stake in Home Depot, Inc.

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