Home Depot (NYSE:HD) Sees Significantly Higher Trading Volume

Nearly $300M Spent At Home Depot During Hurricane Season

Independent Investors Has Cut By $321300 Its Home Depot (HD) Stake; Shorts at MEG ENERGY CORPORATION

(NYSE:HD) traded up $2.71 during trading on Tuesday, reaching $168.06. 120 funds opened positions while 517 raised stakes. The stock of Home Depot Inc (NYSE:HD) earned "Sell" rating by Zacks on Monday, August 17. The company's quarterly EPS surprised Wall Street by as much as 1% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Its DIY customers are home owners purchasing products and completing their own projects and installations. Ig Investment Mngmt Limited reported 0.03% in Home Depot Inc (NYSE:HD).

Hurricane-affected customers spent $282-million at the home improvement stores; lifting sales to $25-billion last quarter. Investment Counsel Inc. now owns 15,702 shares of the home improvement retailer's stock worth $2,306,000 after purchasing an additional 3,100 shares during the period. Credit Suisse Group set a $171.00 target price on Home Depot, Inc. (The) by 15,121.1% during the 2nd quarter. Ubs Asset Management Americas Inc expanded its investment by buying 81 shares an increase of 2.7% in the quarter. Trading volume for The Home Depot, Inc. was 10.16 Million in its previous trading session. Silicon Valley Capital Partners now owns 1,485 shares of the home improvement retailer's stock worth $228,000 after acquiring an additional 9 shares during the period. Burt Wealth Advisors increased its stake in Home Depot, Inc. (The) by 41.1% during the 1st quarter. The firm owned 14,689 shares of the home improvement retailer's stock after selling 1,287 shares during the period. Institutional investors and hedge funds own 71.36% of the company's stock. Paragon Wealth Strategies LLC increased its holdings in shares of Home Depot, Inc. The firm has a market capitalization of $194,917.56, a price-to-earnings ratio of 23.76, a price-to-earnings-growth ratio of 1.66 and a beta of 1.08.

Shares of Home Depot hit their highest price level on record at the close yesterday, after the company reported strong sales during the third quarter of fiscal 2017 and also raised its full-year forecast. The home improvement retailer reported $1.84 EPS for the quarter, beating the consensus estimate of $1.81 by $0.03. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The company's quarterly revenue was up 8.1% compared to the same quarter a year ago. Benin Corporation holds 2,891 shares. Following the transaction, the executive vice president now owns 33,147 shares of the company's stock, valued at $4,984,977.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Matt Carey sold 32,000 shares of the stock in a transaction that occurred on Thursday, September 7th. Cadinha & Co Llc sold 2,399 shares as the company's stock rose 9.30% with the market. The disclosure for this purchase can be found here. Finally, Silicon Valley Capital Partners increased its holdings in shares of Home Depot, Inc. (HD)'s shares. The total value of these holdings, in millions, is $141,498. If you are reading this piece on another publication, it was illegally copied and reposted in violation of US & worldwide trademark & copyright law. Netherlands-based Apg Asset Nv has invested 0.59% in Home Depot Inc (NYSE:HD).

Other equities analysts also recently issued research reports about the stock. Fincl Capital Mgmt Ltd Liability Corporation has invested 0.06% of its portfolio in Home Depot Inc (NYSE:HD). (The) from a "hold" rating to a "buy" rating and set a $164.18 price target for the company in a research report on Thursday, July 20th. BMO Capital Markets maintained Home Depot Inc (NYSE:HD) on Tuesday, July 18 with "Buy" rating. The rating was upgraded by Deutsche Bank on Monday, January 25 to "Buy".

Nearly $300M Spent At Home Depot During Hurricane Season
Home Depot (NYSE:HD) target bumped up to $186.00, released a research note earlier today by RBC Capital

"Though this quarter was marked by an unprecedented number of natural disasters, including multiple hurricanes, wildfires in the West, and earthquakes in Mexico, the underlying health of our core business remains solid", Craig Menear, Home Depot's Chairman, Chief Executive and President, was quoted as saying in the press release. (The) in a research report on Monday, August 14th. Finally, Telsey Advisory Group reissued an "outperform" rating on shares of Home Depot, Inc. The company was initiated on Friday, August 28 by First Analysis.

Among 37 analysts covering Under Armour (NYSE:UA), 7 have Buy rating, 10 Sell and 20 Hold. The company now has a consensus rating of "Buy" and an average target price of $175.30.

The Home Depot, Inc.is a home improvement retailer. Home Depot stores cater to do-it-yourselfers, as well as home improvement, construction and building maintenance professionals.

Schlumberger NV (SLB) Stock Rating Lowered by Goldman Sachs Group, Inc
A month ago, they told us to expect earnings of US$0.46 per share while three months ago their EPS consensus estimate was US$0.47. Moreover, Cardinal Capital has 0.94% invested in Schlumberger Limited. ( NYSE SLB ) traded down $1.28 on Friday, hitting $63.77.

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