Home Depot (HD) Stock Declined While Factory Mutual Insurance Company Trimmed Its Holding; As Verizon Communications (VZ) Stock Declined, Qs Investors Has Boosted Position

May 24, 2018 - By Clifton Ray

Verizon Communications Inc. (NYSE:VZ) Logo

Factory Mutual Insurance Company decreased its stake in Home Depot Inc (HD) by 13.67% based on its latest 2017Q4 regulatory filing with the SEC. Factory Mutual Insurance Company sold 93,200 shares as the company’s stock declined 7.15% with the market. The institutional investor held 588,800 shares of the consumer services company at the end of 2017Q4, valued at $111.60 million, down from 682,000 at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Home Depot Inc for a number of months, seems to be less bullish one the $215.22 billion market cap company. The stock increased 0.02% or $0.03 during the last trading session, reaching $186.7. About 2.23 million shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.94% since May 24, 2017 and is uptrending. It has outperformed by 7.39% the S&P500.

Qs Investors Llc increased its stake in Verizon Communications Inc (VZ) by 5.9% based on its latest 2017Q4 regulatory filing with the SEC. Qs Investors Llc bought 40,090 shares as the company’s stock declined 11.05% with the market. The institutional investor held 719,254 shares of the telecommunications equipment company at the end of 2017Q4, valued at $38.07M, up from 679,164 at the end of the previous reported quarter. Qs Investors Llc who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $201.62 billion market cap company. The stock increased 0.42% or $0.205 during the last trading session, reaching $48.795. About 5.37 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since May 24, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Since February 13, 2018, it had 0 insider purchases, and 2 sales for $444,552 activity.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Finance.Yahoo.com which released: “3 Warren Buffett Stocks With Dividend Yields Over 4%” on May 23, 2018, also Globenewswire.com with their article: “Verizon holds sellside analyst meeting” published on May 21, 2018, Globenewswire.com published: “Verizon to speak at JP Morgan conference May 16” on May 15, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Benzinga.com and their article: “This Day In Market History: AOL Is Founded” published on May 24, 2018 as well as Benzinga.com‘s news article titled: “JPMorgan: Verizon On ‘Stable Footing’ As 5G Opportunity Crystallizes” with publication date: May 11, 2018.

Qs Investors Llc, which manages about $4.98 billion and $10.63 billion US Long portfolio, decreased its stake in Xperi Corp by 55,376 shares to 16,478 shares, valued at $402,000 in 2017Q4, according to the filing. It also reduced its holding in Pvh Corp (NYSE:PVH) by 3,790 shares in the quarter, leaving it with 79,334 shares, and cut its stake in Charles Riv Labs Intl Inc (NYSE:CRL).

Investors sentiment increased to 1.02 in 2017 Q4. Its up 0.14, from 0.88 in 2017Q3. It improved, as 57 investors sold VZ shares while 662 reduced holdings. 141 funds opened positions while 592 raised stakes. 2.54 billion shares or 0.48% more from 2.53 billion shares in 2017Q3 were reported. Cornerstone Ptnrs Limited Liability Co stated it has 1.73 million shares or 1.99% of all its holdings. Prudential Public Ltd Company holds 1.53M shares or 0.25% of its portfolio. New Mexico Educational Retirement Board owns 392,071 shares for 0.79% of their portfolio. Sageworth holds 0% in Verizon Communications Inc. (NYSE:VZ) or 60 shares. Meritage Port Mngmt holds 0.52% or 103,133 shares. 3.35 million were accumulated by National Pension Serv. Roffman Miller Associate Pa owns 2.23% invested in Verizon Communications Inc. (NYSE:VZ) for 341,517 shares. Livingston Asset Management (Operating As Southport Capital Management) holds 1.05% or 52,003 shares in its portfolio. Freestone Limited Company owns 24,018 shares. Franklin holds 21.89 million shares or 0.56% of its portfolio. Villere St Denis J & Ltd Liability has invested 0.59% in Verizon Communications Inc. (NYSE:VZ). Clark Estates New York has invested 6.03% in Verizon Communications Inc. (NYSE:VZ). 230,684 were reported by Waverton Investment Mgmt. Moreover, Weatherly Asset Management Lp has 0.66% invested in Verizon Communications Inc. (NYSE:VZ). Moreover, First Bank & Trust has 0.4% invested in Verizon Communications Inc. (NYSE:VZ) for 45,586 shares.

Among 31 analysts covering Verizon Communications Inc. (NYSE:VZ), 15 have Buy rating, 0 Sell and 16 Hold. Therefore 48% are positive. Verizon Communications Inc. had 84 analyst reports since July 22, 2015 according to SRatingsIntel. Oppenheimer downgraded the shares of VZ in report on Wednesday, July 20 to “Perform” rating. The rating was upgraded by MoffettNathanson on Tuesday, August 11 to “Neutral”. The rating was maintained by RBC Capital Markets with “Hold” on Friday, July 7. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Neutral” rating by Nomura on Friday, October 16. RBC Capital Markets maintained Verizon Communications Inc. (NYSE:VZ) rating on Wednesday, January 24. RBC Capital Markets has “Hold” rating and $57.0 target. Oppenheimer maintained the shares of VZ in report on Thursday, August 10 with “Hold” rating. Vetr downgraded the shares of VZ in report on Tuesday, August 11 to “Buy” rating. The stock has “Hold” rating by HSBC on Thursday, December 14. As per Wednesday, April 25, the company rating was upgraded by SunTrust. The rating was maintained by Barclays Capital on Monday, April 18 with “Equal-Weight”.

Factory Mutual Insurance Company, which manages about $9.56B US Long portfolio, upped its stake in Ishares Tr (IJH) by 30,000 shares to 480,000 shares, valued at $91.09 million in 2017Q4, according to the filing. It also increased its holding in Tjx Cos Inc New (NYSE:TJX) by 140,900 shares in the quarter, for a total of 778,900 shares, and has risen its stake in Envision Healthcare Corp.

Among 36 analysts covering The Home Depot Inc. (NYSE:HD), 25 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. The Home Depot Inc. had 120 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Wednesday, February 21 by Citigroup. The firm earned “Outperform” rating on Monday, December 7 by Credit Suisse. The stock has “Neutral” rating by PiperJaffray on Monday, October 31. The stock has “Buy” rating by Robert W. Baird on Wednesday, January 10. Piper Jaffray downgraded the shares of HD in report on Monday, October 31 to “Neutral” rating. The stock has “Buy” rating by Gordon Haskett Capital Corporation on Tuesday, October 3. The firm earned “Mkt Perform” rating on Monday, February 6 by Bernstein. The stock of The Home Depot, Inc. (NYSE:HD) has “Outperform” rating given on Thursday, February 22 by BMO Capital Markets. The firm has “Buy” rating given on Monday, February 5 by Jefferies. UBS maintained it with “Buy” rating and $140 target in Wednesday, November 18 report.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.21, from 1.14 in 2017Q3. It fall, 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. Waters Parkerson Lc stated it has 3.65% in The Home Depot, Inc. (NYSE:HD). Garde Capital stated it has 1,866 shares. Geode Capital Limited Liability Corporation holds 11.68M shares or 0.75% of its portfolio. Baker Ellis Asset Management Limited Liability Co reported 6,806 shares stake. Autus Asset Lc invested 0.09% in The Home Depot, Inc. (NYSE:HD). D L Carlson Gp Incorporated invested 1.72% in The Home Depot, Inc. (NYSE:HD). Moreover, Rathbone Brothers Public Limited has 0.97% invested in The Home Depot, Inc. (NYSE:HD) for 125,594 shares. Moreover, Buckingham Asset Management Limited Liability has 0.33% invested in The Home Depot, Inc. (NYSE:HD) for 8,327 shares. Gofen & Glossberg Lc Il holds 0.54% or 79,429 shares in its portfolio. 4,249 are held by Forbes J M & Limited Liability Partnership. Cambridge Trust accumulated 98,530 shares. Affinity Investment Ltd Liability Corporation accumulated 83,624 shares. Private Wealth Partners Lc reported 18,829 shares stake. Merriman Wealth Mngmt Ltd Company has 0.07% invested in The Home Depot, Inc. (NYSE:HD) for 1,574 shares. Umb State Bank N A Mo reported 211,796 shares.

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Fool.com which released: “Is Home Depot, Inc. (HD) a Buy?” on May 01, 2018, also Seekingalpha.com with their article: “Home Depot: With Expected 28% EPS Growth In FY18, Mr. Market Is Short-Sighted” published on May 21, 2018, Seekingalpha.com published: “Home Depot: Price Trajectory Uncertain, But I Would Still Go Long” on May 22, 2018. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Seekingalpha.com and their article: “Home Depot: The Street Underappreciates This Reality” published on May 16, 2018 as well as Benzinga.com‘s news article titled: “How Lowe’s Earnings Stack Up To Home Depot” with publication date: May 23, 2018.

Since December 7, 2017, it had 2 insider purchases, and 9 sales for $56.15 million activity. 16,827 shares valued at $3.00M were bought by BRENNEMAN GREGORY D on Wednesday, March 21. Another trade for 113,687 shares valued at $20.89M was made by Menear Craig A on Wednesday, February 21. On Thursday, May 17 the insider Lennie William G. sold $1.68M. Roseborough Teresa Wynn sold $1.97M worth of The Home Depot, Inc. (NYSE:HD) on Thursday, December 7. Another trade for 45,549 shares valued at $8.51 million was made by HOLIFIELD MARK on Wednesday, May 16. Carey Matt sold 41,396 shares worth $7.58 million.

Verizon Communications Inc. (NYSE:VZ) Institutional Positions Chart

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