Azimuth Capital Management Has Decreased New Oriental Education (EDU) Holding By $884,400; Home Depot (HD) SI Increased By 17.18%

February 20, 2018 - By Louis Casey

Azimuth Capital Management Llc decreased New Oriental Education (EDU) stake by 17.64% reported in 2017Q3 SEC filing. Azimuth Capital Management Llc sold 10,050 shares as New Oriental Education (EDU)’s stock rose 45.08%. The Azimuth Capital Management Llc holds 46,910 shares with $4.14M value, down from 56,960 last quarter. New Oriental Education now has $14.69 billion valuation. The stock decreased 0.08% or $0.07 during the last trading session, reaching $92.87. About 625,203 shares traded. New Oriental Education & Technology Group Inc. (NYSE:EDU) has risen 76.69% since February 20, 2017 and is uptrending. It has outperformed by 59.99% the S&P500.

Home Depot Incorporated (NYSE:HD) had an increase of 17.18% in short interest. HD’s SI was 14.03M shares in February as released by FINRA. Its up 17.18% from 11.97 million shares previously. With 5.07 million avg volume, 3 days are for Home Depot Incorporated (NYSE:HD)’s short sellers to cover HD’s short positions. The stock decreased 0.26% or $0.49 during the last trading session, reaching $186.48. About 7.22 million shares traded or 36.65% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since February 20, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

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. PiperJaffray downgraded the stock to “Neutral” rating in Monday, October 31 report. The rating was maintained by RBC Capital Markets with “Buy” on Monday, September 18. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by UBS on Friday, January 26. Citigroup maintained it with “Buy” rating and $155 target in Wednesday, August 17 report. The company was maintained on Tuesday, August 18 by Goldman Sachs. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Tuesday, August 15 by Oppenheimer. Credit Suisse maintained the shares of HD in report on Wednesday, January 24 with “Outperform” rating. The stock has “Buy” rating by Bank of America on Wednesday, August 16. The firm has “Buy” rating given on Friday, May 13 by Jefferies. Stifel Nicolaus upgraded the shares of HD in report on Wednesday, August 16 to “Buy” rating.

Since August 21, 2017, it had 0 insider purchases, and 3 sales for $14.57 million activity. Another trade for 32,000 shares valued at $5.03M was sold by Carey Matt. Shares for $1.97 million were sold by Roseborough Teresa Wynn.

The Home Depot, Inc. operates as a home improvement retailer. The company has market cap of $217.76 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 25.9 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.

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 The Home Depot, Inc. 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. Arbor Investment Advsrs Ltd Co has invested 0.18% in The Home Depot, Inc. (NYSE:HD). Alphamark Advisors Limited Liability owns 736 shares or 0.05% of their US portfolio. Livingston Grp Asset Mgmt (Operating As Southport Management) holds 2.73% of its portfolio in The Home Depot, Inc. (NYSE:HD) for 39,182 shares. Moreover, Canandaigua Retail Bank And Tru Comm has 0.36% invested in The Home Depot, Inc. (NYSE:HD) for 11,639 shares. Cap One National Association holds 99,808 shares. Bourgeon Cap Lc reported 4,100 shares. Stillwater Capital Advsrs Llc reported 70,604 shares. Moreover, Round Table Ser Limited Co has 0.08% invested in The Home Depot, Inc. (NYSE:HD) for 1,455 shares. First Republic Management reported 0.62% stake. Kansas-based Intrust Fincl Bank Na has invested 0.64% in The Home Depot, Inc. (NYSE:HD). Symphony Asset Management Ltd Com holds 37,992 shares. Coe Ltd Liability reported 1,226 shares or 0.21% of all its holdings. Community Fincl Gru Lc holds 0.08% or 1,255 shares. Moreover, Benjamin F Edwards has 0.4% invested in The Home Depot, Inc. (NYSE:HD) for 20,581 shares. Qs Limited Liability Company reported 0.25% stake.

Among 12 analysts covering New Oriental Education & Technology Group (NYSE:EDU), 9 have Buy rating, 2 Sell and 1 Hold. Therefore 75% are positive. New Oriental Education & Technology Group had 33 analyst reports since September 9, 2015 according to SRatingsIntel. Morgan Stanley initiated New Oriental Education & Technology Group Inc. (NYSE:EDU) on Thursday, April 14 with “Overweight” rating. The stock has “Buy” rating by Brean Capital on Thursday, July 21. The stock has “Sell” rating by J.P. Morgan on Thursday, September 14. The firm has “Outperform” rating by Macquarie Research given on Friday, October 30. Benchmark maintained it with “Buy” rating and $100 target in Friday, October 6 report. The firm has “Buy” rating given on Sunday, August 27 by Jefferies. The company was maintained on Wednesday, September 9 by JP Morgan. As per Wednesday, October 21, the company rating was upgraded by Jefferies. The stock of New Oriental Education & Technology Group Inc. (NYSE:EDU) earned “Neutral” rating by Nomura on Thursday, July 21. On Friday, August 25 the stock rating was initiated by Morgan Stanley with “Overweight”.

Azimuth Capital Management Llc increased Abbott Labs (NYSE:ABT) stake by 6,984 shares to 269,420 valued at $14.38M in 2017Q3. It also upped Tata Motors Ltd (NYSE:TTM) stake by 12,760 shares and now owns 76,600 shares. Omnicell Inc (NASDAQ:OMCL) was raised too.

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