Economy

What's Driving Home Depot and Lowe's Stock Price?

What's Driving Home Depot and Lowe's Stock Price?”

Following the completion of the transaction, the executive vice president now owns 64,810 shares of the company's stock, valued at approximately $9,877,044. Jacobi Capital Management LLC now owns 717 shares of the home improvement retailer's stock worth $108,000 after buying an additional 101 shares during the last quarter.

Analysts forecast that Home Depot, Inc. The stock decreased 0.21% or $0.34 during the last trading session, reaching $160.92. During the same period in the previous year, the business earned $1.97 earnings per share.

Home Depot, Inc. (The) (NYSE:HD) last announced its quarterly earnings results on Tuesday, August 15th. It has outperformed by 1.95% the S&P500.

Bp Plc decreased Pfizer Inc (NYSE:PFE) stake by 57,000 shares to 695,000 valued at $23.35 million in 2017Q2. About 8.30M shares traded. Burlington Stores Inc (Call) now has $6.49 billion valuation. Bank of New York Mellon Corp (NYSE:BK) has risen 13.98% since September 27, 2016 and is uptrending. It has outperformed by 60.98% the S&P500. The better-than-expected 2Q17 earnings and expectation of an increase in sales from the recovery efforts after Hurricane Harvey and Hurricane Irma increased investors' confidence. Its up 0.12, from 0.83 in 2017Q1.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

Several research analysts recently issued reports on HD shares. Energy Income Partners Llc owns 11.40 million shares or 3.45% of their U.S. portfolio. Ing Groep Nv stated it has 290,148 shares or 0.85% of all its holdings. Finally, Morgan Stanley upgraded Home Depot from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $150.00 to $165.00 in a research report on Thursday, February 23rd. Robert W. Baird set a $175.00 target price on Home Depot, Inc. Nuveen Asset Ltd Liability Corp owns 516,957 shares. Guardian Cap Advsr Lp holds 0.15% or 6,715 shares in its portfolio. Penobscot Invest Mngmt Company invested 0.64% of its portfolio in Home Depot Inc (NYSE:HD). Inc. now owns 745 shares of the home improvement retailer's stock worth $109,000 after buying an additional 397 shares during the last quarter. Stoneridge Prtn Limited Liability has invested 0.09% in Home Depot Inc (NYSE:HD). Seabridge Investment Lc stated it has 0.73% in Home Depot Inc (NYSE:HD). Nelson Van Denburg & Campbell Wealth Management Group Llc sold 2,814 shares as Home Depot Inc Com (HD)'s stock rose 9.30%. Schnieders Management Limited Liability invested in 11,990 shares. It also increased its holding in Lauder Estee Cos Inc Cl A (NYSE:EL) by 37,919 shares in the quarter, for a total of 79,837 shares, and has risen its stake in Powershares Qqq Trust Unit Ser 1 (QQQ). 10,985 are owned by Argent Tru. On average, equities research analysts anticipate that Home Depot, Inc. will post $7.33 EPS for the current fiscal year. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. Therefore 71% are positive. Nine analysts have provided estimates for Home Depot's earnings. The rating was maintained by Goldman Sachs on Tuesday, August 18 with "Neutral". Zacks Investment Research downgraded shares of Home Depot, Inc. Finally, Glassman Wealth Services increased its holdings in shares of Home Depot, Inc. Robert W. Baird set a $175.00 target price on shares of Home Depot, Inc. Royal Bank Of Canada reaffirmed a "buy" rating and set a $179.00 price objective on shares of Home Depot, Inc. The firm has "Outperform" rating by Telsey Advisory Group given on Wednesday, February 22. The stock has "Buy" rating by Stifel Nicolaus on Thursday, July 20. Commonwealth Equity Incorporated invested 0.38% of its portfolio in Home Depot Inc (NYSE:HD). The rating was upgraded by Raymond James on Wednesday, August 16 to "Outperform". Ishares Barclays 3 (IEI) was reduced too.

Since May 17, 2017, it had 1 insider buy, and 6 insider sales for $34.63 million activity. 29,076 shares were sold by Roseborough Teresa Wynn, worth $4.57M. Essex Investment Mgmt Commerce Ltd Liability Corporation has invested 0.93% in Home Depot Inc (NYSE:HD). (The) news, EVP Matt Carey sold 32,000 shares of the firm's stock in a transaction that occurred on Thursday, September 7th. HOLIFIELD MARK also sold $7.65 million worth of Home Depot Inc (NYSE:HD) shares. Schwab Charles Investment Management Inc. boosted its position in shares of Home Depot, Inc. The stock has "Buy" rating by Jefferies on Friday, May 13. Therefore 81% are positive. The firm has "Neutral" rating given on Friday, September 30 by Guggenheim. (The) and gave the stock a "buy" rating in a report on Sunday, September 10th. RBC Capital Markets maintained the shares of BURL in report on Friday, May 27 with "Outperform" rating. As per Monday, October 31, the company rating was downgraded by Piper Jaffray. The company was maintained on Friday, May 26 by Bank of America. Jefferies has "Buy" rating and $182.0 target. Its down 0.12, from 0.95 in 2017Q1. It is positive, as 50 investors sold BK shares while 311 reduced holdings. 49 funds opened positions while 80 raised stakes. Hancock Holding reported 309,923 shares. 831.44 million shares or 1.04% less from 840.22 million shares in 2017Q1 were reported. Another trade for 2,333 shares valued at $2.24 million was made by Olsavsky Brian T on Monday, May 15. Boston Partners, Massachusetts-based fund reported 2.11 million shares. Williams Jones And Assocs Ltd accumulated 85,328 shares or 0.33% of the stock. California Public Employees Retirement System stated it has 90,600 shares or 0.01% of all its holdings. It also upped First Tr Excnge Trd Alphadex (FNY) stake by 28,828 shares and now owns 67,549 shares. Envestnet Asset Management holds 0.01% or 21,899 shares.

In other Home Depot, Inc. Edgewood Limited Com reported 0.01% stake. Holland Cap Mngmt Limited Company reported 68 shares. About 2.06 million shares traded. It also upped Kraft Heinz Co stake by 3.93M shares and now owns 3.97M shares.

Investors sentiment increased to 0.89 in 2017 Q2. MAGRINI JOYCE MANNING sold 3,333 shares worth $321,425. Hand Fred sold $1.26 million worth of stock or 12,500 shares. On Tuesday, May 30 the insider Katz Marc sold $967,996. They expect $1.80 EPS, up 12.50% or $0.20 from last year's $1.6 per share. AMZN's profit will be $19.21M for 5945.31 P/E if the $0.04 EPS becomes a reality. The home improvement retailer reported $2.25 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.21 by $0.04.

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.



Like this

Latest


28 September 2017
Nektar Therapeutics Sentiment Improves on Better Stock Potential
The active investment managers in our partner's database reported: 147.16 million shares, up from 142.09 million shares in 2017Q1. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock.

28 September 2017
15000 'guest' school teachers in Delhi to become permanent
Interestingly, 14 bills of Delhi government is pending which were passed by the assembly two years ago. The assistant teacher's salary would be increased from Rs 16,000 to Rs 32,000 a month.

28 September 2017
Gold rebounds sharply amid geopolitical tensions, stock market declines
Benchmark 10-year notes last rose 12/32 in price to yield 2.2216 percent, from 2.262 percent late on Friday. MSCI's gauge of stocks across the globe shed 0.30 percent as shares in Asia and emerging markets declined.

28 September 2017
Today's weather, September 28: A cloudy morning, but a sunny afternoon
Today's forecast calls for cloudy skies with a high of 55 and showers throughout the day. East northeast wind around 6 miles per hour becoming light and variable after midnight.

28 September 2017
Major League Baseball approves Marlins sale to Jeter's group
Jeter, the former New York Yankees captain, plans to be a limited partner in charge of the business and baseball operations. Sherman will own 46 percent of the franchise in a controlling interest, while Jeter will own 4 percent.

28 September 2017
Golovkin v Canelo hits 1.3m PPV buys, best since MayPac record
Conor McGregor , which took place just three weeks prior to Canelo-GGG and also took place in the same arena. However, Golovkin-Alvarez sold by far the more tickets with Mayweather-McGregor flogging 13,094 in total.

28 September 2017
EB I-96 closed in Livingston after semi hits bridge
Officials announced the Pleasant Valley Bridge will need to be demolished before eastbound I-96 can reopen. This will cause heavy congestion in the City of Brighton, Green Oak, and Brighton Township.

28 September 2017
I 'Felt Ashamed' After 'Disgraceful' NFL Protests
Soccer Federation put in place a policy that required players to "stand respectfully" during the national anthem. Also at the dinner, the CNN source said the president called Sen.

28 September 2017
First Trust Senior Floating Rate Income Fund II (FCT): Tracking the Indicators
Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market.

28 September 2017
Nuveen Amt-Free Municipal Value Fund (NUW) to Issue $0.06 Monthly Dividend
The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. Presently, Nuveen Municipal 2021 Target Term Fund (NHA)'s Williams Percent Range or 14 day Williams %R is resting at -79.17.



Recommended