Schwab Charles Investment Management INC Increased Its Home Depot INC (HD) Stake

June 27, 2018 - By Matthew Medley

The Home Depot, Inc. (NYSE:HD) Corporate LogoBig Money Sentiment decreased to 0.87 in 2018 Q1. It has change of 0.06, from 2017Q4’s 0.93. The ratio turned negative due to HD positioning: 72 sold and 666 reduced. 116 funds amassed stakes and 523 increased stakes. Investors holded 788.59 million in 2017Q4 but now own 772.16 million shares or 2.08% less. Wealth Architects Ltd Co owns 0.07% invested in The Home Depot, Inc. (NYSE:HD) for 1,176 shs. 104,765 are held by Rockland. Advisory Services Limited Liability Corporation owns 34,011 shs. Atwood And Palmer has 18,249 shs for 0.46% of their capital. White Pine Cap Lc owns 1,198 shs or 0.08% of their US capital. Cedar Hill Associate Lc owns 0.08% invested in The Home Depot, Inc. (NYSE:HD) for 2,356 shs. Burt Wealth has 873 shs. M&T State Bank holds 0.41% or 425,650 shs. Culbertson A N And has invested 0.12% in The Home Depot, Inc. (NYSE:HD). Brandywine Glob Investment Management Limited Liability Co reported 490 shs. Old Mutual Customised Solutions (Proprietary) Ltd holds 0.35% or 19,154 shs. Finance & Inv Grp Incorporated Limited has 1,161 shs. Cypress Asset Mngmt Tx invested in 1.73% or 33,103 shs. Griffin Asset Mngmt holds 38,908 shs or 1.26% of its capital. Maryland-based Family Firm has invested 0.21% in The Home Depot, Inc. (NYSE:HD).

HD had 7 sales and 3 insider purchases since February 21, 2018. This’s net activity of $46.42 million. On Thursday, May 17 Shares for $3.21M were sold by Roseborough Teresa Wynn. 17,660 shs were sold by Decker Edward P., worth $3.31 million. The insider Menear Craig A sold 113,687 shs worth $20.89 million. BRENNEMAN GREGORY D had bought 16,827 shs worth $3.00M. $1.19M worth of stock was bought by CODINA ARMANDO M on Friday, March 2. Another trade for 45,549 shs valued at $8.51 million was sold by HOLIFIELD MARK.

According to 2018Q1 SEC filling the Schwab Charles Investment Management Inc rose its stake in Home Depot Inc (HD) by 3.73%. 230,769 shares were bought by Schwab Charles Investment Management Inc as the company’s stock declined 0.85% with the market. The consumer services company reported $1.14B value for the 2018Q1. Now the institutional investor is holding 6.42 million shares, compared to the 6.18M from the previous quarter. $228.30B is Home Depot Inc’s market cap. The stock increased 0.79% or $1.55 during the last trading session, reaching $197.91.Currently The Home Depot, Inc. is uptrending after 19.42% change in last June 27, 2017. HD has 665,738 shares volume. HD outperformed by 6.85% the S&P 500.

According to a filing Schwab Charles Investment Management Inc decreased its stake in Cme Group Inc (NASDAQ:CME) by 540,378 shares to 1.17 million shares, valued at $189.36M in 2018Q1. The fund operates about $128.65 billion US Long portfolio. For a total of 2.26M shares it reduced its holding in Boeing Co (NYSE:BA) by 1.01 million shares in the quarter, and has cut its stake in Comcast Corp New (NASDAQ:CMCSA).

For more The Home Depot, Inc. (NYSE:HD) news announced recently go to: Seekingalpha.com, Seekingalpha.com, Streetinsider.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Wolfe Research updates on housing starts implications” announced on June 20, 2018, “Featured Stocks In June’s Executive Compensation And ROIC Model Portfolio” on June 25, 2018, “Home Depot (HD) PT Raised to $50 at BofA/Merrill Lynch Following Analyst Day” with a publish date: June 26, 2018, “Ari Wald: Late Cycle Doesn’t Mean End Of The Cycle” and the last “Home Depot Vs. Lowe’s” with publication date: May 30, 2018.

The Home Depot, Inc. (NYSE:HD) Ratings Coverage

Total analysts of 14 have positions in Home Depot (NYSE:HD) as follows: 11 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 79%. The firm has $230.0 highest while $18700 is the lowest target. The average target $210.79 is 6.51% above the last ($197.91) price. Since January 2, 2018 according to StockzIntelligence Inc Home Depot has 21 analyst reports. The company rating was maintained by Robert W. Baird on Tuesday, January 2. On Wednesday, February 21 the stock of The Home Depot, Inc. (NYSE:HD) earned “Hold” rating by Wedbush. In Wednesday, May 16 report Stifel Nicolaus maintained it with “Buy” rating and $22500 target. On Wednesday, January 24 Stifel Nicolaus maintained the shares of HD in report with “Buy” rating. On Wednesday, February 21 Citigroup maintained the shares of HD in report with “Buy” rating. On Wednesday, March 21 the firm has “Buy” rating given by Morgan Stanley. On Monday, February 26 Guggenheim maintained The Home Depot, Inc. (NYSE:HD) rating. Guggenheim has “Buy” rating and $215.0 target. On Monday, February 5 the rating was maintained by Jefferies with “Buy”. On Wednesday, January 10 the firm has “Buy” rating by Robert W. Baird given. On Tuesday, February 20 the rating was maintained by Robert W. Baird with “Buy”.

The Home Depot, Inc. (NYSE:HD) Institutional Investors Chart

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