As New York Reit Ord (NYRT) Valuation Declined, Litespeed Management Decreased Holding by $13.42 Million; As Home Depot (HD) Shares Rose, Strategic Advisors Increased Position by $578,650

January 3, 2018 - By Peter Erickson

Strategic Advisors Llc increased its stake in Home Depot Inc (HD) by 10.44% based on its latest 2017Q3 regulatory filing with the SEC. Strategic Advisors Llc bought 3,550 shares as the company’s stock rose 9.30% with the market. The institutional investor held 37,554 shares of the consumer services company at the end of 2017Q3, valued at $6.14M, up from 34,004 at the end of the previous reported quarter. Strategic Advisors Llc who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $220.85 billion market cap company. The stock increased 0.58% or $1.09 during the last trading session, reaching $189.12. About 3.59M shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since January 3, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Jamie Zimmerman decreased its stake in New York Reit Ord (NYRT) by 72.66% based on its latest 2017Q3 regulatory filing with the SEC. Litespeed Management Llc sold 1.92 million shares as the company’s stock declined 12.85% while stock markets rallied. The hedge fund run by Jamie Zimmerman held 721,381 shares of the consumer services company at the end of 2017Q3, valued at $5.66M, down from 2.64M at the end of the previous reported quarter. Litespeed Management Llc who had been investing in New York Reit Ord for a number of months, seems to be less bullish one the $672.55M market cap company. The stock decreased 0.62% or $0.025 during the last trading session, reaching $3.985. About 415,544 shares traded. New York REIT, Inc. (NYSE:NYRT) has declined 9.21% since January 3, 2017 and is downtrending. It has underperformed by 25.91% 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 100 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Friday, May 13 by Jefferies. Barclays Capital maintained The Home Depot, Inc. (NYSE:HD) rating on Wednesday, August 16. Barclays Capital has “Overweight” rating and $165 target. As per Tuesday, August 15, the company rating was maintained by Robert W. Baird. The stock of The Home Depot, Inc. (NYSE:HD) has “Outperform” rating given on Wednesday, November 16 by RBC Capital Markets. As per Thursday, February 23, the company rating was upgraded by Morgan Stanley. On Monday, December 7 the stock rating was maintained by Telsey Advisory Group with “Outperform”. The stock of The Home Depot, Inc. (NYSE:HD) has “Neutral” rating given on Thursday, May 11 by Atlantic Securities. As per Tuesday, August 15, the company rating was maintained by Oppenheimer. Argus Research maintained the shares of HD in report on Wednesday, August 17 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Buy” on Monday, July 24.

Since August 16, 2017, it had 0 insider buys, and 5 sales for $18.46 million activity. Roseborough Teresa Wynn also sold $2.26 million worth of The Home Depot, Inc. (NYSE:HD) shares. On Friday, December 8 Carey Matt sold $7.58M worth of The Home Depot, Inc. (NYSE:HD) or 41,396 shares.

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