Wal Mart Stores (WMT) Holder Pitcairn Company Cut Its Stake; Fiduciary Trust Company Position in Home Depot (HD) Has Raised as Share Value Declined

August 12, 2018 - By Kristin Houston

The Home Depot, Inc. (NYSE:HD) Logo

Fiduciary Trust Company increased its stake in Home Depot Inc (HD) by 2.57% based on its latest 2018Q1 regulatory filing with the SEC. Fiduciary Trust Company bought 7,098 shares as the company’s stock declined 0.85% with the market. The institutional investor held 283,382 shares of the consumer services company at the end of 2018Q1, valued at $50.51M, up from 276,284 at the end of the previous reported quarter. Fiduciary Trust Company who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $203.18B market cap company. The stock decreased 0.79% or $1.4 during the last trading session, reaching $176.26. About 4.44M shares traded or 11.29% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 19.42% since August 12, 2017 and is uptrending. It has outperformed by 6.85% the S&P500. Some Historical HD News: 15/05/2018 – HOME DEPOT: ALL U.S. REGIONS `BREAKING OUT’ WITH BETTER WEATHER; 25/04/2018 – FOX 5 Atlanta: #BREAKING: DALLAS (AP) — Suspect in fatal shooting of Dallas police officer at Home Depot has been charged with; 08/03/2018 – Milwaukee Jrn: Exclusive: Home Depot to donate $50M to train construction workers; 25/04/2018 – KWTX News 10: BREAKING: A Dallas officer shot in yesterday’s shooting at a Home Depot has died while the other officer and; 09/04/2018 – Home Depot CEO Says Customers Are Willing to Spend in Home Improvement Space (Video); 22/05/2018 – Lowe’s Poaches Former Home Depot Executive to Take on Rival; 19/04/2018 – PPG and The Home Depot Expand Partnership with Launch of OLYMPIC Stain Products; 18/04/2018 – Home Depot Hiring at Primary Technology Centers in Atlanta, Austin, Dallas; 22/05/2018 – Home Depot Presenting at Royal Bank of Canada Conference May 30; 12/04/2018 – Home Depot Expands Grilling Accessories Collection with Addition of Cave Tools

Pitcairn Company decreased its stake in Wal Mart Stores (WMT) by 22.08% based on its latest 2018Q1 regulatory filing with the SEC. Pitcairn Company sold 3,716 shares as the company’s stock declined 11.45% with the market. The institutional investor held 13,114 shares of the consumer services company at the end of 2018Q1, valued at $1.17M, down from 16,830 at the end of the previous reported quarter. Pitcairn Company who had been investing in Wal Mart Stores for a number of months, seems to be less bullish one the $266.11 billion market cap company. The stock increased 1.31% or $1.17 during the last trading session, reaching $90.18. About 8.24M shares traded or 5.72% up from the average. Walmart Inc. (NYSE:WMT) has risen 5.30% since August 12, 2017 and is uptrending. It has underperformed by 7.27% the S&P500. Some Historical WMT News: 26/03/2018 – CNBC Wires: EXCLUSIVE-Tesco veteran to head Walmart’s Jet.com as US grocery wars flare; 23/03/2018 – Major Walmart supplier considers shifting away from China sourcing; 30/05/2018 – ASDA WMT.N SALES UP 2.8 PCT IN 12 WEEKS TO MAY 20-KANTAR WORLDPANEL; 26/04/2018 – Speak Retail Group Announces Agreement with Walmart to Deliver Custom Closed Loop Payment Solutions; 14/03/2018 – Earth Alive Distributor American Cannabis Company Secures New Online Distribution Channels With Walmart, The Home Depot and Ama; 07/03/2018 – Walter Bloomberg: EXCLUSIVE- BIDDERS DISCOVER SIZEABLE TAX LIABILITIES IN WALMART BRAZIL OPERATIONS DURING DUE DILIGENCE; 17/05/2018 – MEDIA-UK minister Clark says probe of supermarket deal ‘must consider suppliers’ – FT; 28/04/2018 – COMBINED SAINSBURY’S-ASDA GROUP WOULD BE LED BY SAINSBURY CEO MIKE COUPE – SOURCE WITH KNOWLEDGE OF THE SITUATION; 07/03/2018 – O’DANG Hummus™, Maker of Premium Hummus and Hummus Dressings, Launches New Hummus Dressing Line Nationwide at Walmart; 30/05/2018 – Walmart’s New Education Benefit Puts Cap and Gown within Reach for Associates

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Fool.com which released: “3 Things to Watch in the Stock Market This Week” on August 12, 2018, also Seekingalpha.com with their article: “Walmart Investors’ Patience Is About To Be Rewarded” published on July 22, 2018, Fool.com published: “Walmart Earnings: What to Watch” on August 10, 2018. More interesting news about Walmart Inc. (NYSE:WMT) were released by: Seekingalpha.com and their article: “Walmart: Streaming Is A Smart Move” published on August 07, 2018 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Any Privacy For Tesla?” with publication date: August 11, 2018.

Analysts await Walmart Inc. (NYSE:WMT) to report earnings on August, 16 before the open. They expect $1.21 earnings per share, up 12.04% or $0.13 from last year’s $1.08 per share. WMT’s profit will be $3.57 billion for 18.63 P/E if the $1.21 EPS becomes a reality. After $1.14 actual earnings per share reported by Walmart Inc. for the previous quarter, Wall Street now forecasts 6.14% EPS growth.

Pitcairn Company, which manages about $942.41 million US Long portfolio, upped its stake in Ishares Tr (EFA) by 18,728 shares to 22,453 shares, valued at $1.56 million in 2018Q1, according to the filing. It also increased its holding in Fiserv Inc (NASDAQ:FISV) by 7,341 shares in the quarter, for a total of 18,296 shares, and has risen its stake in Ameriprise Finl Inc (NYSE:AMP).

Since June 5, 2018, it had 0 insider buys, and 20 selling transactions for $1.50 billion activity. 1.11M shares valued at $92.97 million were sold by WALTON S ROBSON on Monday, June 11. WALTON ALICE L sold 1.11M shares worth $92.97 million. Shares for $1.57 million were sold by Furner John R.. $464,176 worth of Walmart Inc. (NYSE:WMT) shares were sold by Chojnowski David. Canney Jacqueline P sold 8,005 shares worth $676,503.

Among 38 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 0 Sell and 21 Hold. Therefore 45% are positive. Wal-Mart Stores Inc had 159 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was maintained by Stephens with “Overweight” on Saturday, August 22. The firm has “Underperform” rating by RBC Capital Markets given on Friday, May 20. The rating was maintained by Wells Fargo with “Hold” on Thursday, August 17. Robert W. Baird maintained it with “Buy” rating and $90.0 target in Monday, October 2 report. The stock of Walmart Inc. (NYSE:WMT) earned “Market Perform” rating by BMO Capital Markets on Friday, November 17. Bank of America maintained Walmart Inc. (NYSE:WMT) on Tuesday, March 14 with “Buy” rating. The rating was maintained by Robert W. Baird on Thursday, August 24 with “Buy”. Wells Fargo upgraded the stock to “Outperform” rating in Monday, October 26 report. The stock has “Hold” rating by TheStreet on Friday, September 18. The stock of Walmart Inc. (NYSE:WMT) has “Buy” rating given on Wednesday, June 14 by Jefferies.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.11, from 0.99 in 2017Q4. It fall, as 100 investors sold WMT shares while 555 reduced holdings. 128 funds opened positions while 451 raised stakes. 856.22 million shares or 1.10% less from 865.70 million shares in 2017Q4 were reported. Cypress Cap Group Inc reported 49,151 shares. Hussman Strategic Inc owns 0.64% invested in Walmart Inc. (NYSE:WMT) for 25,950 shares. Franklin has 3.87 million shares for 0.17% of their portfolio. Horan Mngmt owns 3.17% invested in Walmart Inc. (NYSE:WMT) for 164,430 shares. Bath Savings invested in 0.07% or 3,339 shares. Texas Yale Capital holds 0.24% of its portfolio in Walmart Inc. (NYSE:WMT) for 31,391 shares. Dumont And Blake Inv Ltd Liability Com holds 0.79% or 20,928 shares in its portfolio. Buckhead Cap Management reported 87,881 shares stake. The Arizona-based Sterling Inv Mngmt has invested 1.66% in Walmart Inc. (NYSE:WMT). Gam Holdg Ag holds 0.16% of its portfolio in Walmart Inc. (NYSE:WMT) for 51,521 shares. Ameritas Investment Inc reported 42,062 shares stake. Lincoln Natl Corporation invested 0.05% of its portfolio in Walmart Inc. (NYSE:WMT). Sigma Planning accumulated 43,037 shares or 0.28% of the stock. Coldstream Capital holds 32,503 shares. First Heartland Consultants invested in 0.28% or 10,550 shares.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.06, from 0.93 in 2017Q4. It turned negative, as 72 investors sold HD 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. Baxter Bros accumulated 0.51% or 10,401 shares. Fulton Comml Bank Na has 21,003 shares for 0.26% of their portfolio. Eagle Capital Mngmt Limited Liability Co reported 2.42% in The Home Depot, Inc. (NYSE:HD). Ghp Inv Advsr Inc reported 0.18% in The Home Depot, Inc. (NYSE:HD). Assetmark owns 228,888 shares. Sumitomo Mitsui Trust owns 0.87% invested in The Home Depot, Inc. (NYSE:HD) for 3.77M shares. Adams Diversified Equity Fund invested 1.98% in The Home Depot, Inc. (NYSE:HD). Smead Mngmt reported 404,563 shares. Hrt Financial Ltd Liability Co reported 0.32% stake. Parsec Fin invested in 0.96% or 78,897 shares. 177,027 are owned by Piedmont Invest Advsr Ltd. Birmingham Mngmt Co Inc Al holds 2,296 shares or 0.17% of its portfolio. Legacy Private Tru holds 18,481 shares. Rhumbline Advisers holds 0.76% or 2.03 million shares in its portfolio. Tower Bridge Advsrs has 13,100 shares.

Fiduciary Trust Company, which manages about $3.24B US Long portfolio, decreased its stake in Ulta Salon Cosmetcs & Frag I (NASDAQ:ULTA) by 3,162 shares to 28,188 shares, valued at $5.76M in 2018Q1, according to the filing. It also reduced its holding in Mettler Toledo International (NYSE:MTD) by 2,815 shares in the quarter, leaving it with 41,293 shares, and cut its stake in Ishares Tr (EEM).

Among 36 analysts covering The Home Depot Inc. (NYSE:HD), 25 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. The Home Depot Inc. had 121 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, January 24 by Credit Suisse. The rating was downgraded by Vetr to “Buy” on Wednesday, August 19. The company was maintained on Wednesday, August 17 by Citigroup. Stifel Nicolaus maintained The Home Depot, Inc. (NYSE:HD) on Wednesday, February 21 with “Buy” rating. The stock has “Buy” rating by Oppenheimer on Tuesday, August 15. On Monday, January 25 the stock rating was upgraded by Deutsche Bank to “Buy”. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, November 18. Longbow maintained the shares of HD in report on Friday, August 14 with “Buy” rating. The company was maintained on Tuesday, July 18 by BMO Capital Markets. BMO Capital Markets maintained the shares of HD in report on Wednesday, September 13 with “Buy” rating.

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Seekingalpha.com which released: “Argus updates on Home Depot” on July 30, 2018, also 247Wallst.com with their article: “Walmart, Nvidia, Cisco and More Major Earnings Coming This Week” published on August 12, 2018, Seekingalpha.com published: “Stocks To Watch: Any Privacy For Tesla?” on August 11, 2018. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Fool.com and their article: “3 Things to Watch in the Stock Market This Week” published on August 12, 2018 as well as Seekingalpha.com‘s news article titled: “Home Depot Has An Unattractive Risk-Reward Profile” with publication date: August 06, 2018.

Since February 21, 2018, it had 3 insider purchases, and 7 selling transactions for $46.42 million activity. Another trade for 1,000 shares valued at $187,570 was made by Linnartz Stephanie on Friday, June 1. $1.68M worth of The Home Depot, Inc. (NYSE:HD) was sold by Lennie William G.. Roseborough Teresa Wynn also sold $3.21M worth of The Home Depot, Inc. (NYSE:HD) on Thursday, May 17. Decker Edward P. had sold 17,660 shares worth $3.31M. Menear Craig A had sold 113,687 shares worth $20.89 million. On Wednesday, May 16 HOLIFIELD MARK sold $8.51M worth of The Home Depot, Inc. (NYSE:HD) or 45,549 shares.

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

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