Home Depot (HD) Stock Price Declined While Brookmont Capital Management Lowered Holding by $27.84 Million; Grs Advisors Lifted Its Blackstone Mtg Tr (BXMT) Position

April 17, 2018 - By Dolores Ford

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Logo

Brookmont Capital Management decreased its stake in Home Depot Inc (HD) by 75.7% based on its latest 2017Q4 regulatory filing with the SEC. Brookmont Capital Management sold 147,328 shares as the company’s stock declined 7.15% with the market. The institutional investor held 47,283 shares of the consumer services company at the end of 2017Q4, valued at $8.96 million, down from 194,611 at the end of the previous reported quarter. Brookmont Capital Management who had been investing in Home Depot Inc for a number of months, seems to be less bullish one the $201.07B market cap company. The stock increased 0.94% or $1.63 during the last trading session, reaching $174.43. About 3.53M shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.94% since April 17, 2017 and is uptrending. It has outperformed by 7.39% the S&P500.

Grs Advisors Llc increased its stake in Blackstone Mtg Tr Inc (BXMT) by 38.64% based on its latest 2017Q4 regulatory filing with the SEC. Grs Advisors Llc bought 98,020 shares as the company’s stock declined 2.91% with the market. The institutional investor held 351,720 shares of the consumer services company at the end of 2017Q4, valued at $11.32 million, up from 253,700 at the end of the previous reported quarter. Grs Advisors Llc who had been investing in Blackstone Mtg Tr Inc for a number of months, seems to be bullish on the $3.37 billion market cap company. The stock increased 0.55% or $0.17 during the last trading session, reaching $31.17. About 612,858 shares traded. Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has risen 2.42% since April 17, 2017 and is uptrending. It has underperformed by 9.13% the S&P500.

Investors sentiment increased to 1.69 in 2017 Q4. Its up 0.38, from 1.31 in 2017Q3. It improved, as 13 investors sold BXMT shares while 55 reduced holdings. 36 funds opened positions while 79 raised stakes. 62.63 million shares or 13.49% more from 55.19 million shares in 2017Q3 were reported. Meridian Inv Counsel Incorporated holds 1.55% or 87,645 shares. Boston Partners reported 833,453 shares. Schroder Management Grp invested in 47,246 shares or 0% of the stock. Susquehanna Grp Inc Llp reported 57,170 shares stake. Pub Employees Retirement Sys Of Ohio reported 56,700 shares stake. Naples Global Limited Liability Corporation has 19,807 shares for 0.19% of their portfolio. Benjamin F Edwards And Co reported 90 shares stake. Bartlett Ltd holds 0% or 2,570 shares in its portfolio. Fort Washington Advsr Oh invested in 0.01% or 20,860 shares. Coe Capital Mgmt Ltd Company owns 11,720 shares for 0.4% of their portfolio. Winslow Evans & Crocker invested 0.02% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Botty Investors Limited Liability Corporation invested 3.3% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Tudor Et Al, Connecticut-based fund reported 56,088 shares. Sg Americas Secs Lc, a New York-based fund reported 57,818 shares. Security Natl Trust, West Virginia-based fund reported 7,300 shares.

Grs Advisors Llc, which manages about $172.97M US Long portfolio, decreased its stake in Mgm Growth Pptys Llc by 158,781 shares to 194,704 shares, valued at $5.68 million in 2017Q4, according to the filing. It also reduced its holding in Sun Cmntys Inc (NYSE:SUI) by 27,022 shares in the quarter, leaving it with 120,090 shares, and cut its stake in Hudson Pac Pptys Inc (NYSE:HPP).

Since February 28, 2018, it had 0 buys, and 3 insider sales for $27,793 activity. 200 Blackstone Mortgage Trust, Inc. (NYSE:BXMT) shares with value of $6,248 were sold by Marone Anthony F. JR. Armer Douglas N. sold $17,980 worth of stock or 575 shares.

Among 10 analysts covering Blackstone Mortgage Trust Inc (NYSE:BXMT), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Blackstone Mortgage Trust Inc had 20 analyst reports since January 26, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, September 14 by Keefe Bruyette & Woods. The firm earned “Outperform” rating on Friday, April 7 by Wood. The firm has “Outperform” rating by Credit Suisse given on Monday, April 18. The firm earned “Outperform” rating on Wednesday, December 6 by Wells Fargo. The stock of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has “Buy” rating given on Thursday, July 6 by Keefe Bruyette & Woods. The firm has “Hold” rating by J.P. Morgan given on Tuesday, February 6. JMP Securities downgraded the shares of BXMT in report on Thursday, February 16 to “Mkt Perform” rating. Keefe Bruyette & Woods maintained the shares of BXMT in report on Monday, May 29 with “Buy” rating. The firm has “Market Perform” rating given on Monday, January 9 by Wells Fargo. The rating was maintained by FBR Capital with “Buy” on Thursday, February 15.

Analysts await The Home Depot, Inc. (NYSE:HD) to report earnings on May, 15. They expect $2.08 earnings per share, up 24.55% or $0.41 from last year’s $1.67 per share. HD’s profit will be $2.40B for 20.97 P/E if the $2.08 EPS becomes a reality. After $1.69 actual earnings per share reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts 23.08% EPS growth.

Since December 7, 2017, it had 2 buys, and 5 insider sales for $36.57 million activity. Shares for $1.19 million were bought by CODINA ARMANDO M. BRENNEMAN GREGORY D bought $3.00 million worth of The Home Depot, Inc. (NYSE:HD) on Wednesday, March 21. $20.89 million worth of The Home Depot, Inc. (NYSE:HD) was sold by Menear Craig A. 37,680 shares were sold by Campbell Ann Marie, worth $7.02M on Thursday, February 22. Carey Matt also sold $7.58M worth of The Home Depot, Inc. (NYSE:HD) on Friday, December 8. On Thursday, December 7 the insider Roseborough Teresa Wynn sold $1.97M.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.21, from 1.14 in 2017Q3. It worsened, 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. 17,292 were accumulated by Pinnacle Holding Limited Liability. Blue Edge Cap Ltd accumulated 13,919 shares or 1.05% of the stock. Rothschild Inv Il, Illinois-based fund reported 17,190 shares. Old Mutual Customised Solutions (Proprietary) Ltd owns 19,154 shares. Eads & Heald Invest Counsel holds 0.7% or 6,251 shares in its portfolio. Donaldson Cap Ltd Llc holds 2.59% or 3,881 shares. Davidson Advsr has 3,970 shares for 0.08% of their portfolio. Checchi Cap Advisers Ltd Company reported 0.58% in The Home Depot, Inc. (NYSE:HD). D L Carlson Inv Group reported 30,623 shares stake. Monroe Financial Bank Tru Mi reported 0.08% stake. Wade G W Inc owns 5,160 shares or 0.11% of their US portfolio. Kessler Inv Gp Limited Com reported 2.5% stake. Crestwood Advisors Gru Ltd Limited Liability Company invested in 3,269 shares or 0.05% of the stock. Axa reported 0.44% in The Home Depot, Inc. (NYSE:HD). Baystate Wealth Mngmt Lc stated it has 0.09% of its portfolio in The Home Depot, Inc. (NYSE:HD).

Brookmont Capital Management, which manages about $415.17 million and $231.96M US Long portfolio, upped its stake in Dowdupont Inc by 14,625 shares to 32,598 shares, valued at $2.32 million in 2017Q4, according to the filing. It also increased its holding in Paychex Inc (NASDAQ:PAYX) by 29,453 shares in the quarter, for a total of 92,649 shares, and has risen its stake in Unilever N V (NYSE:UN).

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

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By1 Dolores Ford

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