Home Depot Crushing Sears and Other Struggling Retailers

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First Merchants Corp now owns 2,086 shares of the home improvement retailer's stock worth $268,000 after buying an additional 25 shares during the last quarter. Nicholas Co. Inc. WI acquired a new stake in Home Depot during the fourth quarter valued at $46,400,000.

Several hedge funds and other institutional investors have recently made changes to their positions in HD.

Home Depot Inc (NYSE:HD) saw some unusual options trading on Friday. Net income rose $2.01 billion, or $1.67 per share.

Consequently, shares of this home improvement retailer increased almost 1.7% in the pre-market trading session.

The company also raised its earnings forecast for the year ending January 2018 to $7.15 per share from $7.13, citing anticipated share repurchases. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 161,722 shares of the home improvement retailer's stock worth $162,000 after buying an additional 160,644 shares during the last quarter. LVM Capital Management Ltd. MI raised its stake in Home Depot by 1.1% in the first quarter.

The problem occurs when the comp sales take a hit as competition picks up whether via Amazon or other retailers looking to capture the gains from the home improvement boom and the company is forced to pull back on share buybacks. Use them and also your own personal calculations before you invest in a company.

The Home Depot, Inc. has 1,202,918,000 shares in issue which have a share price of 157 giving The Home Depot, Inc. a market capitalisation of 188.86B Dollars.

About 188,443 shares traded. The stock has a market capitalization of $189.26 billion, a P/E ratio of 24.39 and a beta of 1.09. The company's 50-day moving average price is $150.81 and its 200 day moving average price is $139.69.

Capstone Asset Management Company decreased Home Depot Inc (HD) stake by 2.04% reported in 2016Q4 SEC filing.

The Atlanta-based home improvement warehouse operator reported Q1 earnings per share (EPS) of $1.67, which was $0.06 better than the Wall Street consensus estimate of $1.61. Home Depot had a return on equity of 123.29% and a net margin of 8.23%. The business had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $21.74 billion. Analysts, on average, were expecting $1.97 per share, and the company reported EPS of $1.97 - amounting to a positive surprise of 0.07%. Equities analysts forecast that Home Depot Inc will post $7.20 EPS for the current year. Home Depot comprises about 1.8% of Independent Advisor Alliance's investment portfolio, making the stock its 9th largest position. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of USA & global copyright and trademark legislation. The correct version of this news story can be viewed at [[permalink]]. Relx had 5 analyst reports since August 27, 2015 according to SRatingsIntel. The stock of Home Depot Inc (NYSE:HD) earned "Mkt Perform" rating by Bernstein on Monday, February 6. The stock of Home Depot Inc (NYSE:HD) earned "Outperform" rating by Telsey Advisory Group on Monday, December 7. UBS maintained Home Depot Inc (NYSE:HD) on Wednesday, November 18 with "Buy" rating. Buy rating has been given by 4 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 3 analysts given HOLD rating. (The Home Depot) is a home improvement retailer. The Firm sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services.