Home Depot's Sales Miss Suggests Cooling Housing Market

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This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. 164 funds took holdings and 501 increased holdings. Umb National Bank N A Mo stated it has 1.31% in The Home Depot, Inc.

Shares of HD opened at $177.39 on Monday. HM Payson & Co. lifted its holdings in The Home Depot by 88.2% during the 3rd quarter. (NYSE:HD). Nippon Life Glob Investors Americas reported 133,779 shs stake. Moreover, Mountain Pacific Investment Advisers Inc Id has 1.77% invested in the company for 301,751 shares. Oakwood Capital Ltd Liability Ca has 29,899 shares. Investors holded 796.24 million in 2017Q3 but now own 788.59 million shares or 0.96% less. Hartline Investment Corporation holds 1.3% in The Home Depot, Inc. (NYSE:HD) for 6,534 shares. Swiss Natl Bank holds 0.92% or 4.51M shares. Logan reported 1.69% in The Home Depot, Inc. (NYSE:HD) for 2,175 shs. United Automobile Association owns 0.59% invested in The Home Depot, Inc.

Home Depot Inc.'s lackluster results last quarter are adding to concerns the US housing market is slackening. (NYSE:HD). Gamco Invsts Inc Et Al has 272,519 shs for 0.32% of their capital. Parsec Fincl Management, North Carolina-based fund reported 81,050 shares.

Since December 7, 2017, it had 2 insider purchases, and 5 selling transactions for $36.57 million activity.

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The Dow Jones industrial average fell 200 points Tuesday, with Home Depot contributing the most losses. Another trade for 10,916 shares valued at $1.97M was made by Roseborough Teresa Wynn on Thursday, December 7.

On 12/8/2017 Matt Carey, EVP, sold 41,396 with an average share price of $183.03 per share and the total transaction amounting to $7,576,709.88. (NYSE:HD). Piedmont Inv Advsr Llc reported 0.98% stake.

On 2/21/2018 Craig A Menear, CEO, sold 113,687 with an average share price of $183.79 per share and the total transaction amounting to $20,894,533.73. Campbell Ann Marie had sold 37,680 shares worth $7.02M on Thursday, February 22. Following the acquisition, the director now owns 46,332 shares of the company's stock, valued at $8,260,532.28. Jacobi Capital Management LLC now owns 717 shares of the home improvement retailer's stock worth $108,000 after purchasing an additional 101 shares during the period. Earnest Partners LLC bought a new position in shares of The Home Depot during the fourth quarter worth approximately $108,000.

The stock decreased 0.27% or $0.18 during the last trading session, reaching $65.28. About 1.35 million shares traded or 42.99% up from the average. Home Depot Inc has $216.67B market cap. (NYSE:HD) has risen 18.94% since May 15, 2017 and is uptrending. The stock outperformed the S&P 500 by 7.39%. The institutional investor held 2.49M shares of the consumer services company at the end of 2017Q4, valued at $471.15M, down from 2.59M at the end of the previous reported quarter. Further out at the June 15 monthly expiration, recent call trading has also been concentrated at the 185 and 190 strikes, whereas the 185-strike put has been more heavily traded.

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The sales outlook helped the company's shares trim initial losses.

Home Depot Inc on Tuesday missed Wall Street forecasts for sales at established stores as an unusually long winter hit sales of springtime gardening products, but the retailer said it expects to recoup a majority of those lost sales. The titles are as follows: "Is Home Depot, Inc". (NYSE:HD) news were published by: Seekingalpha.com which released: "Home Depot Earnings Surprise Tuesday?" on May 14, 2018, also Forbes.com with their article: "Can Online Sales Drive Growth For Home Depot In The First Quarter?" published on May 11, 2018, Investorplace.com published: "Lowe's Companies, Inc".

A total of 20 analysts rate Home Depot (NYSE:HD) as follows: 16 "Buy", 4 "Hold" and 0 "Sell". Therefore 80% are positive. Home Depot had 31 analyst reports since November 16, 2017 according to SRatingsIntel. Jefferies Group reaffirmed a "buy" rating and issued a $223.00 target price on shares of The Home Depot in a research report on Monday, February 5th. Telsey Advisory Group restated an "outperform" rating and issued a $220.00 price objective (up previously from $190.00) on shares of The Home Depot in a research report on Friday, January 19th.

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