Monarch Capital Management Holding in Home Depot (HD) Trimmed by $493,290 as Stock Value Declined; Hartford Investment Management Co Has Boosted Holding in Micron Technology (MU) by $558,871 as Stock Price Rose

April 21, 2018 - By Marie Mckinney

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

Monarch Capital Management Inc decreased its stake in Home Depot (HD) by 5.42% based on its latest 2017Q4 regulatory filing with the SEC. Monarch Capital Management Inc sold 2,610 shares as the company’s stock declined 7.15% with the market. The institutional investor held 45,569 shares of the consumer services company at the end of 2017Q4, valued at $8.64 million, down from 48,179 at the end of the previous reported quarter. Monarch Capital Management Inc who had been investing in Home Depot for a number of months, seems to be less bullish one the $204.04B market cap company. The stock decreased 0.04% or $0.07 during the last trading session, reaching $177.01. About 5.01 million shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.94% since April 21, 2017 and is uptrending. It has outperformed by 7.39% the S&P500.

Hartford Investment Management Co increased its stake in Micron Technology Inc (MU) by 5.69% based on its latest 2017Q4 regulatory filing with the SEC. Hartford Investment Management Co bought 13,631 shares as the company’s stock rose 18.77% while stock markets declined. The institutional investor held 253,348 shares of the technology company at the end of 2017Q4, valued at $10.42 million, up from 239,717 at the end of the previous reported quarter. Hartford Investment Management Co who had been investing in Micron Technology Inc for a number of months, seems to be bullish on the $58.71 billion market cap company. The stock decreased 1.56% or $0.8 during the last trading session, reaching $50.62. About 36.52M shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since April 21, 2017 and is uptrending. It has outperformed by 70.65% the S&P500.

Since January 2, 2018, it had 0 insider buys, and 10 insider sales for $5.48 million activity. JOHNSON MERCEDES sold 25,000 shares worth $1.26M. $31,814 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by ARNZEN APRIL S on Thursday, March 15. $638,380 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by Deboer Scott J on Wednesday, February 7. 50,000 Micron Technology, Inc. (NASDAQ:MU) shares with value of $2.17M were sold by Mondry Lawrence N.

Hartford Investment Management Co, which manages about $5.40 billion US Long portfolio, decreased its stake in Paypal Holdings Inc by 24,351 shares to 255,858 shares, valued at $18.84M in 2017Q4, according to the filing. It also reduced its holding in Hewlett Packard Enterpris by 52,588 shares in the quarter, leaving it with 326,974 shares, and cut its stake in Vf Corp (NYSE:VFC).

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 34 have Buy rating, 1 Sell and 7 Hold. Therefore 81% are positive. Micron Technology Inc. had 238 analyst reports since July 29, 2015 according to SRatingsIntel. As per Wednesday, June 14, the company rating was maintained by Mizuho. Cowen & Co maintained Micron Technology, Inc. (NASDAQ:MU) rating on Wednesday, December 23. Cowen & Co has “Outperform” rating and $22.0 target. The firm has “Neutral” rating given on Wednesday, October 5 by Goldman Sachs. Credit Suisse maintained Micron Technology, Inc. (NASDAQ:MU) on Thursday, June 29 with “Buy” rating. The company was maintained on Wednesday, October 5 by Morgan Stanley. The rating was maintained by Sterne Agee CRT with “Buy” on Wednesday, December 23. The rating was maintained by Mizuho on Tuesday, January 16 with “Buy”. Loop Capital Markets maintained the shares of MU in report on Friday, June 30 with “Buy” rating. The company was maintained on Wednesday, May 18 by Bernstein. The stock has “Overweight” rating by JP Morgan on Friday, March 23.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.13, from 1.37 in 2017Q3. It dived, as 49 investors sold MU shares while 245 reduced holdings. 126 funds opened positions while 239 raised stakes. 883.15 million shares or 0.40% less from 886.67 million shares in 2017Q3 were reported. Commonwealth Fincl Bank Of Australia has invested 0.09% in Micron Technology, Inc. (NASDAQ:MU). Insur Company Tx holds 0.21% or 101,650 shares in its portfolio. Mark Sheptoff Planning Llc accumulated 35,100 shares. Cannell Peter B reported 0.27% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Stonebridge Capital Advsr Lc has 68,965 shares for 0.65% of their portfolio. Moreover, Nuveen Asset Mgmt Limited Liability Corp has 0.01% invested in Micron Technology, Inc. (NASDAQ:MU). Sumitomo Mitsui holds 3.38M shares or 0.18% of its portfolio. Connor Clark & Lunn Invest Management Limited has 0.14% invested in Micron Technology, Inc. (NASDAQ:MU). Mackenzie Finance accumulated 0% or 15,610 shares. Columbus Circle Invsts owns 0.9% invested in Micron Technology, Inc. (NASDAQ:MU) for 1.16M shares. Hutchin Hill LP has 1.85% invested in Micron Technology, Inc. (NASDAQ:MU). Birinyi Associate Incorporated reported 0.15% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Meiji Yasuda Asset Ltd has 32,053 shares for 0.13% of their portfolio. Moreover, Lincoln National has 0.01% invested in Micron Technology, Inc. (NASDAQ:MU) for 6,960 shares. Cwm Ltd Liability Company owns 168 shares.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.21, from 1.14 in 2017Q3. It turned negative, as 51 investors sold HD shares while 662 reduced holdings. 164 funds opened positions while 501 raised stakes. 788.59 million shares or 0.96% less from 796.24 million shares in 2017Q3 were reported. Northwestern Mutual Wealth, Wisconsin-based fund reported 102,021 shares. Pure Fincl Incorporated has 0.26% invested in The Home Depot, Inc. (NYSE:HD). Chevy Chase owns 0.85% invested in The Home Depot, Inc. (NYSE:HD) for 1.04 million shares. Amp Capital Investors has 755,966 shares for 0.77% of their portfolio. Geode Limited Co holds 11.68 million shares. Oppenheimer Asset Mgmt owns 76,024 shares for 0.33% of their portfolio. Company State Bank has invested 0.29% in The Home Depot, Inc. (NYSE:HD). 19,400 are owned by S&Co. D Scott Neal reported 0.07% in The Home Depot, Inc. (NYSE:HD). Management Of Virginia Ltd Liability Corp holds 9,653 shares. Tnb Fincl, Georgia-based fund reported 7,339 shares. Captrust Financial Advsrs has invested 0.17% in The Home Depot, Inc. (NYSE:HD). Roanoke Asset Mngmt invested in 50,891 shares. Kames Cap Public Ltd Liability Corp owns 19,506 shares. Jarislowsky Fraser accumulated 0.16% or 146,429 shares.

Analysts await The Home Depot, Inc. (NYSE:HD) to report earnings on May, 15. They expect $2.08 EPS, up 24.55% or $0.41 from last year’s $1.67 per share. HD’s profit will be $2.40 billion for 21.28 P/E if the $2.08 EPS becomes a reality. After $1.69 actual EPS reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts 23.08% EPS growth.

Monarch Capital Management Inc, which manages about $312.53M and $268.84M US Long portfolio, upped its stake in General Electric (NYSE:GE) by 19,402 shares to 199,592 shares, valued at $3.48M in 2017Q4, according to the filing.

Among 34 analysts covering The Home Depot Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. The Home Depot Inc. had 116 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, January 24 with “Buy”. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by Morgan Stanley on Wednesday, March 21. The stock of The Home Depot, Inc. (NYSE:HD) has “Neutral” rating given on Monday, October 31 by PiperJaffray. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, December 7. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by Oppenheimer on Wednesday, June 21. The rating was maintained by Citigroup with “Buy” on Wednesday, August 17. The firm has “Buy” rating by Argus Research given on Wednesday, November 15. Oppenheimer maintained the shares of HD in report on Tuesday, August 15 with “Buy” rating. The firm has “Buy” rating by Bank of America given on Wednesday, November 8. Robert W. Baird maintained The Home Depot, Inc. (NYSE:HD) on Friday, September 8 with “Buy” rating.

Since December 7, 2017, it had 2 insider buys, and 5 sales for $36.57 million activity. Another trade for 41,396 shares valued at $7.58M was made by Carey Matt on Friday, December 8. 10,916 The Home Depot, Inc. (NYSE:HD) shares with value of $1.97 million were sold by Roseborough Teresa Wynn. 37,680 shares valued at $7.02 million were sold by Campbell Ann Marie on Thursday, February 22. On Wednesday, February 21 the insider Menear Craig A sold $20.89M. $3.31 million worth of The Home Depot, Inc. (NYSE:HD) was sold by Decker Edward P.. $3.00M worth of The Home Depot, Inc. (NYSE:HD) was bought by BRENNEMAN GREGORY D.

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

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