Murphy Capital Management Has Cut Home Depot (HD) Stake by $8.43 Million; Share Value Declined; Dollar Tree (DLTR) Shareholder Darsana Capital Partners LP Trimmed Its Position by $81.00 Million

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

Murphy Capital Management Inc decreased its stake in Home Depot (HD) by 43.14% based on its latest 2018Q3 regulatory filing with the SEC. Murphy Capital Management Inc sold 40,744 shares as the company’s stock declined 18.51% with the market. The institutional investor held 53,703 shares of the consumer services company at the end of 2018Q3, valued at $11.12 million, down from 94,447 at the end of the previous reported quarter. Murphy Capital Management Inc who had been investing in Home Depot for a number of months, seems to be less bullish one the $201.43B market cap company. The stock decreased 0.60% or $1.08 during the last trading session, reaching $178.33. About 1.78M shares traded. The Home Depot, Inc. (NYSE:HD) has declined 5.66% since January 14, 2018 and is downtrending. It has underperformed by 5.66% the S&P500. Some Historical HD News: 15/05/2018 – Home Depot 1Q Net Cash Provided by Operating Activities $3.98B

Darsana Capital Partners Lp decreased its stake in Dollar Tree Inc (DLTR) by 50% based on its latest 2018Q3 regulatory filing with the SEC. Darsana Capital Partners Lp sold 1.00 million shares as the company’s stock declined 0.10% with the market. The institutional investor held 1.00M shares of the consumer services company at the end of 2018Q3, valued at $81.55M, down from 2.00 million at the end of the previous reported quarter. Darsana Capital Partners Lp who had been investing in Dollar Tree Inc for a number of months, seems to be less bullish one the $23.20B market cap company. The stock increased 0.23% or $0.22 during the last trading session, reaching $97.5. About 1.55M shares traded. Dollar Tree, Inc. (NASDAQ:DLTR) has declined 21.89% since January 14, 2018 and is downtrending. It has underperformed by 21.89% the S&P500. Some Historical DLTR News: 31/05/2018 – DOLLAR TREE INC QTRLY ENTERPRISE SAME-STORE SALES INCREASED 1.4 PCT; 16/03/2018 – Dollar Tree Total Indebtedness $5.73B as of Feb. 3; Credit Facility Availability $1.25B — Filing; 31/05/2018 – Dollar Tree quarterly same-store sales miss estimates; 24/05/2018 – Moody’s Affirms One Class of CSFB 2005-C4; 20/04/2018 – DOLLAR TREE SAYS ON APRIL 19 CO ENTERED INTO CREDIT AGREEMENT WITH JPMORGAN CHASE BANK PROVIDING FOR $2,032 MLN IN SENIOR CREDIT FACILITIES – SEC FILING; 07/03/2018 – Dollar Tree Volume Surges More Than 20 Times 20 Day Average; 21/03/2018 – EEOC: Dollar Tree Stores Sued by EEOC For Pregnancy Discrimination; 16/03/2018 – Dollar Tree Appoints Jeffrey Naylor to Board of Directors; 31/05/2018 – Dollar Tree 1Q EPS 67c; 16/03/2018 – CFO Wampler Gifts 652 Of Dollar Tree Inc

Murphy Capital Management Inc, which manages about $765.25M and $720.70M US Long portfolio, upped its stake in Spdr Sp500 Trust Sr 1 (SPY) by 1,817 shares to 74,916 shares, valued at $21.78 million in 2018Q3, according to the filing. It also increased its holding in Facebook Inc Cl A (NASDAQ:FB) by 7,091 shares in the quarter, for a total of 71,934 shares, and has risen its stake in Bank Of America (NYSE:BAC).

Analysts await The Home Depot, Inc. (NYSE:HD) to report earnings on February, 19. They expect $2.17 earnings per share, up 28.40% or $0.48 from last year’s $1.69 per share. HD’s profit will be $2.45B for 20.54 P/E if the $2.17 EPS becomes a reality. After $2.51 actual earnings per share reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts -13.55% negative EPS growth.

Among 36 analysts covering The Home Depot Inc. (NYSE:HD), 23 have Buy rating, 0 Sell and 13 Hold. Therefore 64% are positive. The Home Depot Inc. had 130 analyst reports since August 19, 2015 according to SRatingsIntel. Argus Research maintained it with “Buy” rating and $154 target in Wednesday, August 17 report. UBS maintained it with “Buy” rating and $225 target in Wednesday, June 20 report. The stock of The Home Depot, Inc. (NYSE:HD) earned “Neutral” rating by PiperJaffray on Monday, October 31. Robert W. Baird maintained it with “Buy” rating and $175.0 target in Friday, September 8 report. On Wednesday, February 22 the stock rating was maintained by Telsey Advisory Group with “Outperform”. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Thursday, August 31 by Stifel Nicolaus. The stock has “Buy” rating by Argus Research on Wednesday, November 15. On Monday, December 7 the stock rating was maintained by Credit Suisse with “Outperform”. The stock has “Buy” rating by Citigroup on Wednesday, August 15. Jefferies maintained The Home Depot, Inc. (NYSE:HD) on Monday, February 5 with “Buy” rating.

More important recent The Home Depot, Inc. (NYSE:HD) news were published by: Livetradingnews.com which released: “The Home Depot, Inc. (NYSE:HD) 2019 Outlook – Live Trading News” on January 02, 2019, also Seekingalpha.com published article titled: “Economic Slowdown Might Gradually Impact Home Depot’s Business – Seeking Alpha”, Benzinga.com published: “Home Depot And Lowe’s Remain Sturdy Stocks, Raymond James Says (NYSE:HD)(NYSE:LOW) – Benzinga” on December 18, 2018. More interesting news about The Home Depot, Inc. (NYSE:HD) was released by: Fool.com and their article: “Better Buy: Home Depot vs. Target – The Motley Fool” with publication date: December 16, 2018.

Since August 16, 2018, it had 4 insider buys, and 6 insider sales for $29.00 million activity. 7,203 shares were sold by Roseborough Teresa Wynn, worth $1.28 million on Friday, December 7. Carey Matt sold $806,149 worth of stock. $42,405 worth of The Home Depot, Inc. (NYSE:HD) was bought by Hewett Wayne M. on Wednesday, November 21. $2.32 million worth of The Home Depot, Inc. (NYSE:HD) was sold by Campbell Ann Marie on Wednesday, November 28. $21.17M worth of The Home Depot, Inc. (NYSE:HD) was sold by Menear Craig A. Another trade for 11,500 shares valued at $2.00M was made by VADON MARK C on Monday, November 19.

Investors sentiment decreased to 0.97 in Q3 2018. Its down 0.17, from 1.14 in 2018Q2. It turned negative, as 37 investors sold HD shares while 645 reduced holdings. 128 funds opened positions while 533 raised stakes. 755.02 million shares or 1.26% less from 764.62 million shares in 2018Q2 were reported. United Kingdom-based Gulf Bancorp (Uk) Ltd has invested 0.96% in The Home Depot, Inc. (NYSE:HD). Kanawha Cap Mngmt Lc reported 28,491 shares stake. Goldman Sachs Group Inc has invested 0.3% in The Home Depot, Inc. (NYSE:HD). Next Financial Group Inc Inc holds 15,199 shares. Citizens And Northern Corp holds 1.38% in The Home Depot, Inc. (NYSE:HD) or 9,815 shares. Homrich & Berg holds 1.23% in The Home Depot, Inc. (NYSE:HD) or 98,057 shares. Arrowstreet Capital Partnership holds 4.32 million shares or 2.02% of its portfolio. Boston Private Wealth Ltd Limited Liability Company holds 257,508 shares. Columbia Asset Mngmt, a Michigan-based fund reported 39,965 shares. Eulav Asset Mngmt owns 21,000 shares for 0.19% of their portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.76% or 62,392 shares in its portfolio. Da Davidson & holds 69,235 shares. Bryn Mawr invested in 0.58% or 52,858 shares. Geode Capital Mngmt Limited Liability invested 0.75% of its portfolio in The Home Depot, Inc. (NYSE:HD). Spinnaker holds 0.34% or 16,767 shares in its portfolio.

Analysts await Dollar Tree, Inc. (NASDAQ:DLTR) to report earnings on March, 6. They expect $1.92 earnings per share, up 1.59% or $0.03 from last year’s $1.89 per share. DLTR’s profit will be $456.90M for 12.70 P/E if the $1.92 EPS becomes a reality. After $1.18 actual earnings per share reported by Dollar Tree, Inc. for the previous quarter, Wall Street now forecasts 62.71% EPS growth.

More notable recent Dollar Tree, Inc. (NASDAQ:DLTR) news were published by: Nasdaq.com which released: “Dollar Tree (DLTR) Stock Moves -0.48%: What You Should Know – Nasdaq” on January 03, 2019, also Nasdaq.com with their article: “Why Is Dollar Tree (DLTR) Up 8.4% Since Its Last Earnings Report? – Nasdaq” published on April 06, 2018, Nasdaq.com published: “Notable Tuesday Option Activity: RSG, ULTA, DLTR – Nasdaq” on December 04, 2018. More interesting news about Dollar Tree, Inc. (NASDAQ:DLTR) were released by: Nasdaq.com and their article: “Why Is Dollar Tree (DLTR) Up 2.9% Since Its Last Earnings Report? – Nasdaq” published on July 02, 2018 as well as Benzinga.com‘s news article titled: “Activist Investor’s Dollar Tree (NASDAQ:DLTR) Proposals Earn Lukewarm Reception From Raymond James – Benzinga” with publication date: January 09, 2019.

Investors sentiment increased to 1.12 in 2018 Q3. Its up 0.08, from 1.04 in 2018Q2. It is positive, as 53 investors sold DLTR shares while 184 reduced holdings. 93 funds opened positions while 173 raised stakes. 210.02 million shares or 0.49% more from 208.99 million shares in 2018Q2 were reported. Sumitomo Mitsui Asset Company Ltd reported 16,402 shares. Girard Prtnrs Ltd has invested 0% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Grandeur Peak Advsr Ltd Llc has 1.36% invested in Dollar Tree, Inc. (NASDAQ:DLTR) for 160,650 shares. Oxbow Advisors Ltd Liability accumulated 59,580 shares or 0.59% of the stock. Tru Department Mb State Bank N A has invested 0.01% in Dollar Tree, Inc. (NASDAQ:DLTR). Nuwave Inv Mngmt Ltd Co invested in 16 shares. Alliancebernstein Lp reported 2.28M shares. Jolley Asset Mgmt Limited Liability Corp has invested 2.96% in Dollar Tree, Inc. (NASDAQ:DLTR). Snyder Cap Mngmt Lp holds 0.72% in Dollar Tree, Inc. (NASDAQ:DLTR) or 197,517 shares. Amica Retiree Trust accumulated 2,527 shares. Guggenheim Capital Ltd Liability Corp invested in 0.08% or 141,331 shares. Clearline Capital Ltd Partnership owns 34,383 shares for 1.66% of their portfolio. Signaturefd Ltd Company reported 887 shares. Moreover, Exane Derivatives has 0% invested in Dollar Tree, Inc. (NASDAQ:DLTR) for 1,009 shares. Indiana Invest Management Com reported 2,923 shares.

Since September 27, 2018, it had 1 insider buy, and 0 selling transactions for $100,128 activity.

Dollar Tree, Inc. (NASDAQ:DLTR) Institutional Positions Chart

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