How Many The Home Depot, Inc. (NYSE:HD)’s Analysts Are Bearish?

July 27, 2018 - By Victoria Pittman

The Home Depot, Inc. (NYSE:HD) LogoInvestors sentiment decreased to 0.87 in Q1 2018. Its down 0.06, from 0.93 in 2017Q4. It worsened, as 72 investors sold The Home Depot, Inc. shares while 666 reduced holdings. 116 funds opened positions while 523 raised stakes. 772.16 million shares or 2.08% less from 788.59 million shares in 2017Q4 were reported.
Nelson Roberts Invest Llc, California-based fund reported 1,827 shares. Signature reported 0.07% in The Home Depot, Inc. (NYSE:HD). Centurylink Inv Management reported 0.48% of its portfolio in The Home Depot, Inc. (NYSE:HD). Braun Stacey accumulated 1.36% or 110,681 shares. Seaward Mngmt L P invested in 2.02% or 227,293 shares. 27,311 were reported by Tompkins Corp. Apriem Advsrs holds 3,118 shares or 0.14% of its portfolio. Union Savings Bank stated it has 0.38% in The Home Depot, Inc. (NYSE:HD). Paragon Cap Ltd reported 3,399 shares. Pictet Bancshares Trust Ltd holds 6,920 shares or 0.44% of its portfolio. Atalanta Sosnoff Cap Lc reported 414,328 shares or 2.46% of all its holdings. Pub Sector Pension Invest Board reported 135,341 shares. Somerville Kurt F invested 2.38% of its portfolio in The Home Depot, Inc. (NYSE:HD). 17,334 were reported by Horan Ltd Liability Corporation. State Board Of Administration Of Florida Retirement Systems invested 0.79% of its portfolio in The Home Depot, Inc. (NYSE:HD).

Since February 21, 2018, it had 3 buys, and 7 insider sales for $46.42 million activity. 45,549 shares were sold by HOLIFIELD MARK, worth $8.51 million. Menear Craig A sold 113,687 shares worth $20.89 million. BRENNEMAN GREGORY D also bought $3.00M worth of The Home Depot, Inc. (NYSE:HD) on Wednesday, March 21. $187,570 worth of The Home Depot, Inc. (NYSE:HD) was bought by Linnartz Stephanie on Friday, June 1. Lennie William G. sold 9,000 shares worth $1.68 million. 37,680 shares were sold by Campbell Ann Marie, worth $7.02M on Thursday, February 22.

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

Among 13 analysts covering Home Depot (NYSE:HD), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Home Depot has $225.0 highest and $18700 lowest target. $209.92’s average target is 5.28% above currents $199.4 stock price. Home Depot had 16 analyst reports since January 30, 2018 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Wednesday, February 21. The company was maintained on Wednesday, February 21 by Stifel Nicolaus. The firm earned “Outperform” rating on Thursday, February 22 by BMO Capital Markets. Jefferies maintained The Home Depot, Inc. (NYSE:HD) on Monday, February 5 with “Buy” rating. On Wednesday, February 21 the stock rating was maintained by Wedbush with “Hold”. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, February 20. UBS maintained it with “Buy” rating and $225 target in Wednesday, June 20 report. Guggenheim maintained the shares of HD in report on Tuesday, January 30 with “Buy” rating. The firm has “Buy” rating given on Monday, February 26 by Guggenheim. Morgan Stanley maintained The Home Depot, Inc. (NYSE:HD) on Wednesday, March 21 with “Buy” rating. Below is a list of The Home Depot, Inc. (NYSE:HD) latest ratings and price target changes.

20/06/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $212 New Target: $225 Maintain
16/05/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $225.0000 Maintain
15/05/2018 Broker: Loop Capital Markets Rating: Hold New Target: $187.0000
15/05/2018 Broker: Robert W. Baird Rating: Buy New Target: $215.0000 Maintain
24/04/2018 Broker: Wells Fargo Rating: Outperform New Target: $205 Initiates Coverage On
21/03/2018 Broker: Morgan Stanley Rating: Buy New Target: $210.0 Maintain
02/03/2018 Broker: Loop Capital Rating: Hold New Target: $187 Initiates Coverage On
26/02/2018 Broker: Guggenheim Rating: Buy New Target: $215.0 Maintain
22/02/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $191 New Target: $213 Maintain
21/02/2018 Broker: Wedbush Rating: Hold New Target: $190.0 Maintain

The stock decreased 0.80% or $1.6 during the last trading session, reaching $199.4. About 4.28 million shares traded or 2.03% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 19.42% since July 27, 2017 and is uptrending. It has outperformed by 6.85% the S&P500.

The Home Depot, Inc. operates as a home improvement retailer. The company has market cap of $230.02 billion. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me , and professional customers. It has a 25.89 P/E ratio. The firm offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM clients through third-party installers.

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Fool.com which released: “Better Buy: The Home Depot, Inc. (HD) vs. Sherwin-Williams (SHW)” on July 03, 2018, also Finance.Yahoo.com with their article: “To Buy Home Depot Stock, You Have to Really Trust the Economy” published on July 17, 2018, Seekingalpha.com published: “Home Depot Should Buy Kingfisher” on July 10, 2018. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Bizjournals.com and their article: “Report: Atlanta Falcons star will not report to training camp, could see daily fines” published on July 24, 2018 as well as Bizjournals.com‘s news article titled: “Lowe’s brings on another exec with JC Penney, Home Depot experience” with publication date: July 23, 2018.

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

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