Provident Trust Co Maintains Position in Home Depot (HD); Pineno Levin & Ford Asset Management Has Trimmed Stake in Archer Daniels Midland Co (ADM) as Share Price Declined

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

Pineno Levin & Ford Asset Management Inc decreased its stake in Archer Daniels Midland Co (ADM) by 8.94% based on its latest 2018Q3 regulatory filing with the SEC. Pineno Levin & Ford Asset Management Inc sold 6,270 shares as the company’s stock declined 10.28% with the market. The institutional investor held 63,846 shares of the packaged foods company at the end of 2018Q3, valued at $3.21M, down from 70,116 at the end of the previous reported quarter. Pineno Levin & Ford Asset Management Inc who had been investing in Archer Daniels Midland Co for a number of months, seems to be less bullish one the $23.54 billion market cap company. The stock increased 0.21% or $0.09 during the last trading session, reaching $41.98. About 4.06 million shares traded or 11.31% up from the average. Archer-Daniels-Midland Company (NYSE:ADM) has risen 7.94% since February 17, 2018 and is uptrending. It has outperformed by 7.94% the S&P500. Some Historical ADM News: 03/05/2018 – ARCHER DANIELS MIDLAND CO – ELEVEN INCUMBENT DIRECTORS WERE ALSO RE-ELECTED; 22/03/2018 – BBRAZIL CENTRAL BANK SUBMITS APPT OF NEW ADM DIRECTOR TO TEMER; 01/05/2018 – Archer Daniels Midland 1Q EPS 70c; 17/04/2018 – China fans trade dispute with hefty deposit on U.S. sorghum imports; 16/05/2018 – ETHANOL EXPORTS TO CHINA MAY RISE ONCE TRADE SPAT RESOLVED: ADM; 01/05/2018 – Archer Daniels Midland 1Q Adj EPS 68c; 19/04/2018 – EXCLUSIVE-U.S. sorghum armada U-turns at sea after China tariffs; 24/04/2018 – Trump to nominate Adm. Harris as South Korea ambassador; 20/03/2018 – ADM: AGRI MARKETS HAVE PROBABLY BOTTOMED OUT; 07/03/2018 – “The greatest concern in the Indo-Pacific is the diminishment of the rules-based order,” Adm. Swift said in a goodbye press conference

Provident Trust Co increased its stake in Home Depot (HD) by 3.01% based on its latest 2018Q3 regulatory filing with the SEC. Provident Trust Co bought 27,879 shares as the company’s stock declined 18.51% with the market. The institutional investor held 953,229 shares of the consumer services company at the end of 2018Q3, valued at $197.46 million, up from 925,350 at the end of the previous reported quarter. Provident Trust Co who had been investing in Home Depot for a number of months, seems to be bullish on the $217.31B market cap company. The stock increased 2.49% or $4.68 during the last trading session, reaching $192.39. About 5.00 million shares traded. The Home Depot, Inc. (NYSE:HD) has declined 5.66% since February 17, 2018 and is downtrending. It has underperformed by 5.66% the S&P500. Some Historical HD News: 15/05/2018 – Home Depot: Slow Start to Spring Selling Season; 15/05/2018 – HOME DEPOT INC HD.N SEES FY 2018 SALES UP ABOUT 6.7 PCT; 24/04/2018 – Dallas Morning News: #Breaking: Arrest made after gunman wounds 2 Dallas officers, Home Depot employee; 15/05/2018 – ♫ Reuters Insider – Home Depot’s rare sales miss; 02/04/2018 – Pioneer Fundamental Growth Adds Zoetis, Cuts Home Depot; 05/03/2018 Rep. Ryan: THURSDAY: Speaker Ryan to Visit Home Depot Headquarters in Atlanta; 28/03/2018 – Fitch Affirms The Home Depot, Inc.’s IDR at ‘A’; Outlook Stable; 30/05/2018 – Constellation, GE Team with The Home Depot to Install Largest Rooftop Solar Array in Washington, D.C; 24/04/2018 – KHOU: Sources: 2 Dallas PD officers, 1 security guard shot at Home Depot in north Dallas; 14/03/2018 – American Cannabis Company, Inc. Secures New Online Distribution Channels with Walmart, The Home Depot and Amazon for SoHum Livi

Provident Trust Co, which manages about $2.88 billion US Long portfolio, decreased its stake in Visa Inc (NYSE:V) by 782,849 shares to 1.90M shares, valued at $284.57M in 2018Q3, according to the filing.

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. Robert W. Baird maintained The Home Depot, Inc. (NYSE:HD) on Friday, October 13 with “Buy” rating. As per Tuesday, February 20, the company rating was maintained by Robert W. Baird. Jefferies maintained it with “Buy” rating and $182.0 target in Wednesday, September 13 report. Citigroup maintained it with “Buy” rating and $155 target in Wednesday, August 17 report. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Tuesday, January 2 by Robert W. Baird. BMO Capital Markets maintained The Home Depot, Inc. (NYSE:HD) on Friday, December 15 with “Buy” rating. The rating was maintained by Robert W. Baird on Friday, September 8 with “Buy”. The stock has “Buy” rating by Nomura on Thursday, June 23. The rating was maintained by Jefferies with “Buy” on Friday, November 10. The firm has “Buy” rating by UBS given on Wednesday, November 15.

Investors sentiment decreased to 0.97 in Q3 2018. Its down 0.17, from 1.14 in 2018Q2. It fall, 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. Sand Hill invested in 2,394 shares or 0.05% of the stock. Cim Investment Mangement holds 0.45% in The Home Depot, Inc. (NYSE:HD) or 6,048 shares. Telos Management Inc accumulated 2,865 shares or 0.19% of the stock. Front Barnett Assocs Ltd Llc accumulated 10,165 shares or 0.32% of the stock. 1St Source Savings Bank has invested 0.76% in The Home Depot, Inc. (NYSE:HD). Stratos Wealth Limited holds 68,325 shares or 0.63% of its portfolio. Scotia Cap owns 296,927 shares for 0.78% of their portfolio. Pub Sector Pension Invest Board has 53,641 shares for 0.08% of their portfolio. Plante Moran Financial Advsr Limited Liability Co holds 0.32% or 4,805 shares. Gamble Jones Counsel reported 22,202 shares. Carderock Mngmt invested 1.63% of its portfolio in The Home Depot, Inc. (NYSE:HD). Sun Life Fin has invested 0.12% in The Home Depot, Inc. (NYSE:HD). Garnet Equity Cap Holdings Inc reported 6.04% of its portfolio in The Home Depot, Inc. (NYSE:HD). Edgewood Mngmt Ltd Com owns 0% invested in The Home Depot, Inc. (NYSE:HD) for 1,097 shares. Cwm Limited Co has invested 0.06% in The Home Depot, Inc. (NYSE:HD).

More news for The Home Depot, Inc. (NYSE:HD) were recently published by: , which released: “Amazon.com, Inc. (NASDAQ:AMZN), Home Depot, Inc. (The) (NYSE:HD) – Port Report: China And U.S. Trade War Aside, Port Tampa Bay Looks To Asia For Growth – Benzinga” on February 01, 2019. Investorplace.com‘s article titled: “Home Depot Stock Could Be the Best Play on Housing – Investorplace.com” and published on January 17, 2019 is yet another important article.

Since August 16, 2018, it had 4 insider buys, and 3 selling transactions for $22.20 million activity. Another trade for 19,512 shares valued at $3.81 million was made by Campbell Ann Marie on Thursday, August 16. Another trade for 4,125 shares valued at $806,149 was made by Carey Matt on Thursday, August 16. Another trade for 250 shares valued at $42,405 was made by Hewett Wayne M. on Wednesday, November 21. The insider VADON MARK C bought $2.00 million. The insider Roseborough Teresa Wynn sold $1.28 million. 117,327 shares were sold by Menear Craig A, worth $21.17M.

Investors sentiment increased to 1.2 in 2018 Q3. Its up 0.11, from 1.09 in 2018Q2. It increased, as 29 investors sold ADM shares while 207 reduced holdings. 92 funds opened positions while 191 raised stakes. 411.37 million shares or 1.30% less from 416.79 million shares in 2018Q2 were reported. Shell Asset Mngmt reported 37,958 shares. Ajo LP reported 1.02M shares. Pinnacle has invested 0.01% in Archer-Daniels-Midland Company (NYSE:ADM). Webster National Bank & Trust N A invested 0.32% of its portfolio in Archer-Daniels-Midland Company (NYSE:ADM). Janney Montgomery Scott Ltd Company reported 27,529 shares. D L Carlson Inv Grp holds 92,831 shares or 1.32% of its portfolio. Pinnacle Associate Limited stated it has 0.02% in Archer-Daniels-Midland Company (NYSE:ADM). Asset One Communication Ltd invested in 0.09% or 892,621 shares. Piedmont Advsr reported 0.4% in Archer-Daniels-Midland Company (NYSE:ADM). Retirement Of Alabama holds 258,127 shares. M&R Capital Incorporated invested in 50 shares or 0% of the stock. Japan-based Sumitomo Mitsui Asset Mngmt Communication Ltd has invested 0.03% in Archer-Daniels-Midland Company (NYSE:ADM). Lombard Odier Asset Management (Europe) Ltd invested 0.03% in Archer-Daniels-Midland Company (NYSE:ADM). 278,574 are owned by Godsey & Gibb. Teacher Retirement Systems Of Texas stated it has 641,116 shares or 0.22% of all its holdings.

Among 18 analysts covering Archer Daniels Midland Company (NYSE:ADM), 9 have Buy rating, 1 Sell and 8 Hold. Therefore 50% are positive. Archer Daniels Midland Company had 62 analyst reports since July 29, 2015 according to SRatingsIntel. Piper Jaffray initiated Archer-Daniels-Midland Company (NYSE:ADM) on Thursday, December 15 with “Neutral” rating. BMO Capital Markets maintained Archer-Daniels-Midland Company (NYSE:ADM) on Friday, September 15 with “Hold” rating. The firm has “Neutral” rating given on Monday, March 7 by Bank of America. As per Monday, October 19, the company rating was initiated by Buckingham Research. Piper Jaffray maintained the stock with “Hold” rating in Friday, September 29 report. The stock of Archer-Daniels-Midland Company (NYSE:ADM) earned “Buy” rating by Standpoint Research on Thursday, January 7. The stock of Archer-Daniels-Midland Company (NYSE:ADM) earned “Neutral” rating by Monness Crespi & Hardt on Wednesday, May 2. JP Morgan downgraded the shares of ADM in report on Friday, November 11 to “Underweight” rating. The rating was downgraded by Argus Research to “Hold” on Thursday, June 1. The rating was maintained by Piper Jaffray on Tuesday, October 31 with “Hold”.

Pineno Levin & Ford Asset Management Inc, which manages about $237.57M and $247.99M US Long portfolio, upped its stake in Dowdupont Inc by 50,490 shares to 53,562 shares, valued at $3.45 million in 2018Q3, according to the filing.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.