May 23, 2018

Home Depot's decades-long history of blaming the weather for poor performance

15 May 2018, 09:31 | Melvin Schneider

Lbmc Investment Advisors Raised By $312228 Its Home Depot (HD) Stake; Kemnay Advisory Services Boosted By

Upcoming Earnings: Home Improvement Retailer Home Depot Reports Before Tuesday's Open

Moreover, Goelzer Invest Mngmt Inc has 0.04% invested in The Home Depot, Inc. (NYSE:HD) for 1,340 shs. Weiss Multi owns 0.56% invested in The Home Depot, Inc.

Several research analysts have weighed in on HD shares.

"It's the season where contractors start getting busy", said Oliver Pursche, chief market strategist of Bruderman Asset Management in NY, which owns Home Depot shares. (NYSE:HD) or 260,824 shs.

Home Depot has also made steps to improve its footing against online competitors such as Amazon. (NYSE:HD). Ssi Inv Management Incorporated has 0.07% invested in The Home Depot, Inc.

Home Depot Inc. may not have impressed investors with its first-quarter earnings results, but I still think it's clear this company is a rare retailer that's not in need of much renovation. Asset Group stated it has 0.09% of its portfolio in The Home Depot, Inc. Labor shortages have also slowed the building of new homes. There's every indication to believe that the late start to the spring selling season has pushed some sales into Q2 that are generally rung up in Q1. Denver Invest Ltd Limited Liability Company has 112,047 shs. Mutual Of Omaha Bancorporation Wealth owns 4,885 shs or 0.25% of their U.S. capital. (NYSE:HD). D E Shaw & Inc reported 71,901 shs stake. Fukoku Mutual Life Ins holds 0.18% in The Home Depot, Inc.

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Since December 7, 2017, it had 2 insider purchases, and 5 insider sales for $36.57 million activity. Menear Craig A sold $20.89 million worth of The Home Depot, Inc. (NYSE:HD) was sold by Roseborough Teresa Wynn on Thursday, December 7. The Home Depot had a return on equity of 306.73% and a net margin of 8.55%.

In related news, EVP Ann Marie Campbell sold 37,680 shares of the business's stock in a transaction that occurred on Friday, February 23rd. (NYSE:HD) on Thursday, February 22. Ford Financial Group Inc. bought a new position in shares of The Home Depot during the fourth quarter worth approximately $108,000. The stock was purchased at an average cost of $178.29 per share, for a total transaction of $3,000,085.83. The consumer services company at the end of 2017Q4 was priced at $5.95 million. During the same quarter in the previous year, the company earned $1.67 EPS.

Motco reduced its holdings in The Home Depot (NYSE:HD) by 38.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. CIT Group Inc. (NYSE:CIT) has risen 25.02% since May 14, 2017 and is uptrending. It has outperformed by 7.39% the S&P500.

The good news is that the weather that kept so many shoppers inside has given way to outdoor-friendly days that could provide a lot of catch up in seasonal sales. (NYSE:HD) news announced recently go to:,,, or The company has an average rating of "Buy" and an average target price of $194.80. Be in 10 Years?" with a publish date: "May 06, 2018, "How Home Depot Inc Is Winning With Millennials" and the last "Game Plan For The Week - Cramer's Mad Money (5/11/18)" with publication date: "May 14, 2018.

Among 20 analysts covering Home Depot (NYSE:HD), 16 have Buy rating, 0 Sell and 4 Hold. The positive are 80%. The lowest target is $47.0 while the high is $6700. Home Depot had 31 analyst reports since November 16, 2017 according to SRatingsIntel. It seems to have worked, with sales tending to grow stronger in Home Depot's pro segment than its do-it-yourself category. Jefferies maintained the stock with "Hold" rating in Wednesday, April 18 report. The rating was upgraded by Wood to "Market Perform" on Tuesday, February 27. On Friday, January 26 the rating was maintained by UBS with "Buy". The stock rating was maintained by Robert W. Baird with "Buy" on Thursday, November 30. The stock of CIT Group Inc. (NYSE:HD) has "Buy" rating given by BMO Capital Markets. Analysts were looking for total same-store sales to rise by 5.6%, and that target was not in sight as the company reported same-store sales of 4.2%.

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