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Home Depot Misses Revenue Target

16 May 2018

Japan's Nikkei shed 0.2%, Hong Kong's Hang Seng lost 1.2%, and South Korea's Kospi took a 0.7% loss. Janney Montgomery Scott Ltd Liability Company invested in 0.4% or 200,678 shares. Boys Arnold And invested in 1.4% or 49,281 shs.

The Home Depot, Inc operates as a home improvement retailer. (NYSE:HD) for 883 shs. The opposite end of the income statement is what left some investors nervous about Home Depot. But the company has sold a lot and the current volume stands at 7,035,919, while the main price of this product presently is $191.08.

Wells Fargo assumed coverage on shares of The Home Depot (NYSE:HD) in a research report sent to investors on Monday morning, reports.

Home Depot's Menear allayed some of those fears, saying: "The U.S. economy is strong and housing fundamentals continue to be supportive of our business. we do not expect interest rates to lead to a slowdown in customer desires or demand". Bryn Mawr Tru reported 53,773 shares stake. HM Payson & Co. lifted its holdings in The Home Depot by 88.2% during the 3rd quarter. The S&P 500 declined 0.9 percent as utilities and real estate stocks lagged. Mutual Of Omaha Bancorporation Wealth owns 4,885 shs or 0.25% of their United States capital. (NYSE:HD) for 2,388 shs. North Point Port Managers Oh holds 3.24% or 101,049 shs in its capital. This's net activity of $36.57 million. Dorsey & Whitney Trust CO LLC now owns 54,259 shares of the home improvement retailer's stock worth $8,875,000 after purchasing an additional 3,854 shares during the last quarter. $3.00M worth of The Home Depot, Inc. On Monday, TRN stock construct a change of 1.69 in a total of its share price and finished its trading at 34.87. Roseborough Teresa Wynn sold $1.97 million worth of stock. Roseborough Teresa Wynn also sold $1.97 million worth of The Home Depot, Inc. Keeler Thomas Management LLC acquired a new position in shares of The Home Depot in the 4th quarter valued at $150,000.

Analyst's mean target price for the company is $39.91 while analysts mean suggestion is 2.

Orleans Capital Management Corp LA trimmed its stake in The Home Depot (NYSE:HD) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.

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Gold stocks have shown a substantial move to the downside in morning trading, dragging the NYSE Arca Gold Bugs Index down by 2.2%. Ostrum Asset Management bought a new stake in shares of The Home Depot during the first quarter valued at approximately $2,106,000. The stock outperformed the S&P500 by 7.39%.

According to a filing Eaton Vance Management reduced its stake in Oceaneering Intl Inc (NYSE:OII) by 1.54 million shares to 1.22 million shares, valued at $25.72 million in 2017Q4.

About $88.88 billion and $41.30B US Long portfolio Eaton Vance Management manages.

For more The Home Depot, Inc. (NYSE:HD) news announced briefly go to:,,, or

Shares of Home Depot (HD - Free Report) opened lower on Tuesday after the company reported its first quarter financial results.

Among 20 analysts covering Home Depot (NYSE:HD), 16 have Buy rating, 0 Sell and 4 Hold. Тherefore 80% are bullish. (NYSE:HD), with 19 analysts believing it is a strong buy. Stifel Nicolaus raised their target price on The Home Depot from $209.00 to $230.00 and gave the stock a "buy" rating in a research note on Thursday, January 25th. UBS maintained the stock with "Buy" rating in Wednesday, November 18 report. As per Wednesday, February 21, the company rating was maintained by Citigroup. On Thursday, February 22 the firm has "Outperform" rating given by BMO Capital Markets. (NYSE:HD) on Friday, October 13 with "Buy" rating. (HD) in trading session dated March 21, 2018.

Home Depot Misses Revenue Target