Moffett Nathanson Now Covering Home Depot (NYSE:HD)

A Home Depot store is seen

SEC FORM 4 - SEC.gov

Leisure Capital Management reported 17,998 shares.

A number of other institutional investors and hedge funds also recently bought and sold shares of HD. The business's revenue was up 8.1% on a year-over-year basis. research analysts forecast that Home Depot, Inc. will post 7.38 EPS for the current year.

Sales in the most recent quarter surged, thanks in part to rebuilding efforts after a pair of devastating hurricanes hit Texas and Florida, and wildfires consumed entire neighborhoods in the West. The firm owned 31,631 shares of the home improvement retailer's stock after buying an additional 1,685 shares during the quarter. 81,359 were reported by Massmutual Trust Co Fsb Adv. St Germain D J Company reported 4,424 shares.

The United States' largest home improvement store chain said it would complete buybacks this year worth $8 billion by the end of its fiscal fourth quarter ending in January 2018. The institutional investor owned 8,120 shares of the home improvement retailer's stock after selling 5,680 shares during the quarter. Finally, Ruggie Capital Group lifted its position in Home Depot by 12.2% in the 2nd quarter. The rating was maintained by Robert W. Baird on Tuesday, August 15 with "Buy".

Home Depot expects fiscal 2017 diluted earnings per share to grow about 14 percent to $7.36.

Analysts at Moffett Nathanson has initiated coverage for shares of Home Depot (NYSE:HD) in an analyst note revealed to clients and investors on Monday morning. Royal Bank Of Canada set a $179.00 price target on shares of Home Depot and gave the stock a "buy" rating in a report on Monday, October 30th. Barometer Mgmt Inc holds 1.82% of its portfolio in The Home Depot, Inc. Jefferies maintained The Home Depot, Inc. The company now has a consensus rating of "Buy" and an average price target of $177.22. Pettyjohn Wood And White Inc stated it has 1.45% of its portfolio in The Home Depot, Inc. About 6.22M shares traded or 36.34% up from the average. Novare Capital Mngmt Limited Com stated it has 1.29% of its portfolio in The Home Depot, Inc. The firm has a market capitalization of $215,916.78, a PE ratio of 25.68, a PEG ratio of 1.87 and a beta of 1.11. (NYSE:HD). Decatur Cap Mgmt reported 2.31% in The Home Depot, Inc.

Shares were down 0.5% in premarket trading. The firm's revenue for the quarter was up 8.1% compared to the same quarter a year ago.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, November 14th. Stockholders of record on Thursday, November 30th will be issued a $0.89 dividend. A change of -1.11% in the price clearly indicates a strong asset performance for the corporation, bearing in mind the total returns from its investment and dividends or distributions obtained from the investment. The ex-dividend date is Wednesday, November 29th. Home Depot's dividend payout ratio is 49.44%.

Ahead of an annual meeting with analysts and investors on Wednesday, the Atlanta-based company also announced plans to buy back as much as $15 billion in stock.

Fundamentalists and value investors are seeing the low ratio of 2.15 as more positive - demonstrating that the company has a great deal of revenue with a fair price. The stock of The Home Depot, Inc. The shares were sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the completion of the transaction, the executive vice president now owns 62,483 shares in the company, valued at $9,816,079.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Fincl Advisory Group Inc invested 0.38% of its portfolio in The Home Depot, Inc. "(The) (HD) Stock" was reported by TrueBlueTribune and is the property of of TrueBlueTribune.

PICTET BANK & TRUST Ltd reduced its stake in Home Depot, Inc.

ILLEGAL ACTIVITY WARNING: "PICTET BANK & TRUST Ltd Cuts Position in Home Depot, Inc". It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers. The insider, CAREY MATT, now holds 51,816 shares of HD.

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