Home Depot INC (HD) Holder Pioneer Investment Management INC Trimmed Its Stake by $14.87 Million

March 22, 2018 - By Jan Rainey

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.19, from 0.95 in 2017Q2. It increased, as 59 investors sold HD shares while 562 reduced holdings. 121 funds opened positions while 587 raised stakes. 796.24 million shares or 3.15% less from 822.13 million shares in 2017Q2 were reported. The New York-based Reik & Ltd Liability Corp has invested 0.2% in The Home Depot, Inc. (NYSE:HD). Jane Street Grp Ltd Liability Com invested in 0.04% or 74,375 shares. Segall Bryant Hamill Limited Liability has invested 0.11% of its portfolio in The Home Depot, Inc. (NYSE:HD). Bluestein R H & has 2.87% invested in The Home Depot, Inc. (NYSE:HD). Windsor Limited Co stated it has 0.23% of its portfolio in The Home Depot, Inc. (NYSE:HD). Birmingham Management Al holds 0.15% of its portfolio in The Home Depot, Inc. (NYSE:HD) for 2,296 shares. West Oak Cap Llc stated it has 15,849 shares or 1.54% of all its holdings. North American Corp, Massachusetts-based fund reported 8,433 shares. Illinois-based Zacks Investment Mgmt has invested 2.04% in The Home Depot, Inc. (NYSE:HD). Citigroup holds 2.12M shares. Meridian Mngmt has 11,872 shares for 0.96% of their portfolio. Kings Point Management reported 1,836 shares stake. Gilman Hill Asset Mgmt Limited Liability Corporation has 13,986 shares for 0.94% of their portfolio. Levin Strategies Limited Partnership holds 0.03% of its portfolio in The Home Depot, Inc. (NYSE:HD) for 9,456 shares. Boston Prns holds 2.50 million shares or 0.5% of its portfolio.

Since December 7, 2017, it had 1 buy, and 5 sales for $39.57 million activity. On Thursday, December 7 the insider Roseborough Teresa Wynn sold $1.97M. Menear Craig A had sold 113,687 shares worth $20.89M. 17,660 shares valued at $3.31 million were sold by Decker Edward P. on Tuesday, February 27. CODINA ARMANDO M bought $1.19 million worth of stock. The insider Campbell Ann Marie sold $7.02 million.

Pioneer Investment Management Inc decreased its stake in Home Depot Inc (HD) by 1.78% based on its latest 2017Q3 regulatory filing with the SEC. Pioneer Investment Management Inc sold 91,237 shares as the company’s stock rose 9.30% with the market. The institutional investor held 5.02M shares of the consumer services company at the end of 2017Q3, valued at $821.15M, down from 5.11 million at the end of the previous reported quarter. Pioneer Investment Management Inc who had been investing in Home Depot Inc for a number of months, seems to be less bullish one the $207.88B market cap company. The stock decreased 0.08% or $0.14 during the last trading session, reaching $178.02. About 3.49 million shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since March 22, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Pioneer Investment Management Inc, which manages about $65.36B and $31.40 billion US Long portfolio, upped its stake in Fifth Third Bancorp (NASDAQ:FITB) by 125,124 shares to 992,727 shares, valued at $27.78M in 2017Q3, according to the filing. It also increased its holding in Berkshire Hathaway Inc (BRKB) by 205,850 shares in the quarter, for a total of 953,700 shares, and has risen its stake in Charles River Laboratories (NYSE:CRL).

Analysts await The Home Depot, Inc. (NYSE:HD) to report earnings on May, 15. They expect $2.08 EPS, up 24.55 % or $0.41 from last year’s $1.67 per share. HD’s profit will be $2.43B for 21.40 P/E if the $2.08 EPS becomes a reality. After $1.69 actual EPS reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts 23.08 % EPS growth.

The Home Depot, Inc. (NYSE:HD) Ratings Coverage

Among 34 analysts covering The Home Depot Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. The Home Depot Inc. has $230.0 highest and $106 lowest target. $182.26’s average target is 2.38% above currents $178.02 stock price. The Home Depot Inc. had 115 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Monday, December 7. The rating was maintained by SEB Equity Research with “Sell” on Tuesday, August 25. The company was maintained on Tuesday, August 15 by Robert W. Baird. The firm has “Buy” rating by BMO Capital Markets given on Friday, December 15. The rating was downgraded by Vetr to “Buy” on Saturday, August 29. The company was maintained on Wednesday, February 21 by Citigroup. Jefferies maintained it with “Buy” rating and $189.0 target in Friday, November 10 report. The firm has “Buy” rating given on Friday, December 22 by Stifel Nicolaus. The firm earned “Buy” rating on Wednesday, August 19 by Vetr. The firm has “Hold” rating given on Wednesday, November 18 by Cantor Fitzgerald.

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 daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: