As Scana New (SCG) Share Value Declined, Shareholder Commonwealth Equity Services Has Trimmed Its Position; New Jersey Better Educational Savings Trust Raised Stake in Home Depot (HD) by $326,000

February 19, 2018 - By Vivian Park

New Jersey Better Educational Savings Trust increased its stake in Home Depot Inc (HD) by 66.67% based on its latest 2017Q3 regulatory filing with the SEC. New Jersey Better Educational Savings Trust bought 2,000 shares as the company’s stock rose 9.30% with the market. The institutional investor held 5,000 shares of the consumer services company at the end of 2017Q3, valued at $818,000, up from 3,000 at the end of the previous reported quarter. New Jersey Better Educational Savings Trust who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $218.33B market cap company. The stock increased 0.92% or $1.7 during the last trading session, reaching $186.97. About 7.62 million shares traded or 44.24% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since February 19, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Commonwealth Equity Services Inc decreased its stake in Scana Corp New (SCG) by 26.05% based on its latest 2017Q3 regulatory filing with the SEC. Commonwealth Equity Services Inc sold 10,017 shares as the company’s stock declined 0.18% while stock markets rallied. The institutional investor held 28,435 shares of the power generation company at the end of 2017Q3, valued at $1.38M, down from 38,452 at the end of the previous reported quarter. Commonwealth Equity Services Inc who had been investing in Scana Corp New for a number of months, seems to be less bullish one the $5.39B market cap company. The stock increased 1.34% or $0.5 during the last trading session, reaching $37.71. About 1.51M shares traded. SCANA Corporation (NYSE:SCG) has declined 4.13% since February 19, 2017 and is downtrending. It has underperformed by 20.83% the S&P500.

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.19, from 0.95 in 2017Q2. It increased, 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. Mechanics Bankshares Trust Department accumulated 16,116 shares. Smith & Howard Wealth Mngmt Ltd Liability Co has 0.27% invested in The Home Depot, Inc. (NYSE:HD) for 3,501 shares. Kcm Investment Advsrs Limited Company holds 1.15% or 114,647 shares. Boston Family Office Ltd has invested 0.36% in The Home Depot, Inc. (NYSE:HD). Dumont Blake Inv Advsrs Ltd Liability Com invested 0.09% in The Home Depot, Inc. (NYSE:HD). Rothschild Capital Prtn Llc stated it has 1.68% in The Home Depot, Inc. (NYSE:HD). Moreover, Diligent Invsts Ltd Liability Company has 0.31% invested in The Home Depot, Inc. (NYSE:HD) for 2,620 shares. Leavell Invest holds 51,990 shares or 1.05% of its portfolio. Breton Hill reported 1,352 shares. 281,233 were reported by Regions. Nationwide Fund Advisors accumulated 0.66% or 1.02 million shares. Cubist Systematic Strategies Ltd Liability Co has 33,665 shares for 0.31% of their portfolio. West Coast Llc reported 1,991 shares. Tower Bridge Advisors holds 0.24% of its portfolio in The Home Depot, Inc. (NYSE:HD) for 12,905 shares. Cwh Mngmt stated it has 1.27% of its portfolio in The Home Depot, Inc. (NYSE:HD).

Since August 21, 2017, it had 0 insider buys, and 3 sales for $14.57 million activity. Carey Matt had sold 41,396 shares worth $7.58M on Friday, December 8.

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 107 analyst reports since August 19, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $178.0 target in Thursday, August 31 report. The firm has “Buy” rating given on Thursday, December 7 by RBC Capital Markets. Stifel Nicolaus maintained it with “Buy” rating and $209.0 target in Friday, December 22 report. As per Monday, October 31, the company rating was downgraded by Piper Jaffray. The firm earned “Buy” rating on Wednesday, November 8 by Bank of America. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by UBS on Wednesday, November 18. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Friday, July 21 by Jefferies. Longbow maintained the stock with “Buy” rating in Friday, August 14 report. The company was maintained on Tuesday, August 25 by SEB Equity Research. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by Citigroup on Thursday, November 16.

New Jersey Better Educational Savings Trust, which manages about $118.72 million US Long portfolio, decreased its stake in Oneok Inc New (NYSE:OKE) by 6,000 shares to 5,000 shares, valued at $277,000 in 2017Q3, according to the filing. It also reduced its holding in Eros Intl Plc (NYSE:EROS) by 28,000 shares in the quarter, leaving it with 34,000 shares, and cut its stake in Alphabet Inc.

Among 13 analysts covering SCANA (NYSE:SCG), 3 have Buy rating, 3 Sell and 7 Hold. Therefore 23% are positive. SCANA had 33 analyst reports since August 15, 2015 according to SRatingsIntel. Barclays Capital upgraded the stock to “Overweight” rating in Tuesday, August 1 report. The company was downgraded on Friday, July 28 by Gabelli. The rating was maintained by Mizuho on Friday, October 28 with “Buy”. The rating was upgraded by Edward Jones to “Buy” on Monday, November 13. On Monday, September 18 the stock rating was downgraded by Williams Capital Group to “Hold”. The stock of SCANA Corporation (NYSE:SCG) earned “Sell” rating by Guggenheim on Friday, July 28. The firm earned “Buy” rating on Wednesday, January 3 by CFRA. On Thursday, October 29 the stock rating was upgraded by Macquarie Research to “Outperform”. The rating was maintained by Morgan Stanley on Thursday, August 10 with “Underweight”. On Friday, July 21 the stock rating was upgraded by Goldman Sachs to “Neutral”.

Commonwealth Equity Services Inc, which manages about $41.07 billion and $16.68B US Long portfolio, upped its stake in Vanguard Intl Equity Index F (VWO) by 77,093 shares to 3.00 million shares, valued at $130.79 million in 2017Q3, according to the filing. It also increased its holding in Spdr Ser Tr (FLRN) by 75,061 shares in the quarter, for a total of 86,748 shares, and has risen its stake in Vanguard Intl Equity Index F (VEU).

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