Home Depot (HD) Position Maintained by Suncoast Equity Management; As Discover Finl Svcs (DFS) Market Value Declined, Shareholder Clear Harbor Asset Management Has Boosted Holding

January 1, 2018 - By Stephen Andrade

Suncoast Equity Management increased its stake in Home Depot (HD) by 79.31% based on its latest 2017Q3 regulatory filing with the SEC. Suncoast Equity Management bought 33,604 shares as the company’s stock rose 9.30% with the market. The institutional investor held 75,974 shares of the consumer services company at the end of 2017Q3, valued at $12.43M, up from 42,370 at the end of the previous reported quarter. Suncoast Equity Management who had been investing in Home Depot for a number of months, seems to be bullish on the $221.32 billion market cap company. The stock decreased 0.13% or $0.25 during the last trading session, reaching $189.53. About 4.64M shares traded or 5.06% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since January 1, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Clear Harbor Asset Management Llc increased its stake in Discover Finl Svcs (DFS) by 89.22% based on its latest 2017Q3 regulatory filing with the SEC. Clear Harbor Asset Management Llc bought 48,295 shares as the company’s stock declined 15.69% while stock markets rallied. The institutional investor held 102,425 shares of the consumer services company at the end of 2017Q3, valued at $6.60 million, up from 54,130 at the end of the previous reported quarter. Clear Harbor Asset Management Llc who had been investing in Discover Finl Svcs for a number of months, seems to be bullish on the $27.95B market cap company. The stock decreased 0.75% or $0.58 during the last trading session, reaching $76.92. About 1.48M shares traded. Discover Financial Services (NYSE:DFS) has risen 10.42% since January 1, 2017 and is uptrending. It has underperformed by 6.28% the S&P500.

Since August 16, 2017, it had 0 insider buys, and 5 selling transactions for $18.46 million activity. $1.97M worth of The Home Depot, Inc. (NYSE:HD) was sold by Roseborough Teresa Wynn. $7.58M worth of The Home Depot, Inc. (NYSE:HD) was sold by Carey Matt on Friday, December 8.

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.19, from 0.95 in 2017Q2. It is positive, as 59 investors sold HD shares while 562 reduced holdings. 121 funds opened positions while 587 raised stakes. 796.24 million shares or 3.15% less from 822.13 million shares in 2017Q2 were reported. 18,549 are held by Atwood & Palmer Incorporated. Strategic Limited Liability Company invested in 37,554 shares. Tower Bridge Advisors owns 12,905 shares for 0.24% of their portfolio. Vident Invest Advisory Ltd Liability Co holds 0.03% of its portfolio in The Home Depot, Inc. (NYSE:HD) for 3,249 shares. Alpine Woods Capital Ltd Limited Liability Company holds 0.19% or 23,200 shares in its portfolio. 41,888 were reported by Ancora Advisors. Heritage Investors Mgmt invested 1.5% of its portfolio in The Home Depot, Inc. (NYSE:HD). Parsec Fincl Inc has invested 0.98% in The Home Depot, Inc. (NYSE:HD). D E Shaw & Com Inc reported 159,287 shares or 0.04% of all its holdings. Breton Hill Cap holds 1,352 shares or 0.04% of its portfolio. Family Firm Inc invested in 2,893 shares or 0.2% of the stock. Carl Domino Inc has invested 2.02% in The Home Depot, Inc. (NYSE:HD). J Goldman Communication LP reported 0.03% of its portfolio in The Home Depot, Inc. (NYSE:HD). Edgestream Prtn LP holds 0.14% or 1,553 shares. Zeke Cap Limited Co reported 20,015 shares.

Among 33 analysts covering The Home Depot Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. The Home Depot Inc. had 100 analyst reports since August 19, 2015 according to SRatingsIntel. Argus Research maintained the stock with “Buy” rating in Wednesday, November 18 report. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Thursday, December 7 by RBC Capital Markets. RBC Capital Markets maintained The Home Depot, Inc. (NYSE:HD) on Wednesday, February 22 with “Outperform” rating. The firm has “Buy” rating given on Wednesday, November 18 by UBS. The firm has “Outperform” rating given on Wednesday, November 18 by Credit Suisse. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 24. The firm earned “Buy” rating on Friday, December 15 by BMO Capital Markets. Bank of America maintained The Home Depot, Inc. (NYSE:HD) rating on Wednesday, November 8. Bank of America has “Buy” rating and $190 target. The stock has “Buy” rating by Topeka Capital Markets on Tuesday, May 24. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Friday, June 23 by Jefferies.

Clear Harbor Asset Management Llc, which manages about $493.82M and $504.15M US Long portfolio, decreased its stake in Plains Gp Hldgs LP by 19,045 shares to 10,800 shares, valued at $236,000 in 2017Q3, according to the filing. It also reduced its holding in Dillards Inc (NYSE:DDS) by 23,580 shares in the quarter, leaving it with 4,500 shares, and cut its stake in Avis Budget Group (NASDAQ:CAR).