Hemenway Trust Company Lifted Its Home Depot (HD) Holding by $396,900; Blue Harbour Group LP Increases Holding in Commscope Hldg Co (COMM)

May 26, 2018 - By Nellie Frank

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

Clifton S. Robbins increased its stake in Commscope Hldg Co Inc (COMM) by 29.43% based on its latest 2017Q4 regulatory filing with the SEC. Blue Harbour Group Lp bought 1.21M shares as the company’s stock rose 2.82% while stock markets declined. The hedge fund run by Clifton S. Robbins held 5.31M shares of the technology company at the end of 2017Q4, valued at $200.75 million, up from 4.10M at the end of the previous reported quarter. Blue Harbour Group Lp who had been investing in Commscope Hldg Co Inc for a number of months, seems to be bullish on the $5.69B market cap company. The stock increased 2.31% or $0.67 during the last trading session, reaching $29.62. About 2.28M shares traded or 30.60% up from the average. CommScope Holding Company, Inc. (NASDAQ:COMM) has declined 4.00% since May 26, 2017 and is downtrending. It has underperformed by 15.55% the S&P500.




Hemenway Trust Company Llc increased its stake in Home Depot (HD) by 3.42% based on its latest 2017Q4 regulatory filing with the SEC. Hemenway Trust Company Llc bought 2,100 shares as the company’s stock declined 7.15% with the market. The institutional investor held 63,580 shares of the consumer services company at the end of 2017Q4, valued at $12.05 million, up from 61,480 at the end of the previous reported quarter. Hemenway Trust Company Llc who had been investing in Home Depot for a number of months, seems to be bullish on the $215.54 billion market cap company. The stock decreased 0.16% or $0.3 during the last trading session, reaching $186.85. About 2.73 million shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.94% since May 26, 2017 and is uptrending. It has outperformed by 7.39% the S&P500.

More recent CommScope Holding Company, Inc. (NASDAQ:COMM) news were published by: Nasdaq.com which released: “Mid-Morning Market Update: Markets Open Lower; Pfizer Posts Mixed Q1 Results” on May 01, 2018. Also Nasdaq.com published the news titled: “Why Shares of CommScope Holding Company Crashed Today” on May 01, 2018. Seekingalpha.com‘s news article titled: “Tracking Alex Roepers’ Atlantic Investment Management Portfolio – Q1 2018 Update” with publication date: May 24, 2018 was also an interesting one.

Among 14 analysts covering CommScope Holding (NASDAQ:COMM), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. CommScope Holding had 42 analyst reports since July 24, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, November 10 report. The firm earned “Outperform” rating on Wednesday, May 2 by Northland Capital. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Monday, April 30 report. The rating was maintained by Northland Capital with “Hold” on Friday, February 16. Citigroup initiated the shares of COMM in report on Tuesday, December 20 with “Buy” rating. The stock of CommScope Holding Company, Inc. (NASDAQ:COMM) earned “Market Perform” rating by Northland Capital on Wednesday, September 30. Goldman Sachs upgraded CommScope Holding Company, Inc. (NASDAQ:COMM) on Monday, May 9 to “Buy” rating. The stock of CommScope Holding Company, Inc. (NASDAQ:COMM) earned “Buy” rating by Jefferies on Tuesday, September 5. Drexel Hamilton initiated CommScope Holding Company, Inc. (NASDAQ:COMM) on Friday, July 24 with “Buy” rating. As per Friday, August 4, the company rating was downgraded by Longbow.

Investors sentiment increased to 0.98 in 2017 Q4. Its up 0.26, from 0.72 in 2017Q3. It increased, as 41 investors sold COMM shares while 77 reduced holdings. 45 funds opened positions while 71 raised stakes. 193.85 million shares or 1.07% more from 191.80 million shares in 2017Q3 were reported. Makaira Prns Limited Com holds 1.37 million shares or 6.25% of its portfolio. Hollow Brook Wealth Mgmt Ltd Liability Corporation holds 1.62% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM) for 58,271 shares. Comerica Retail Bank invested 0% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Sentry has 0.01% invested in CommScope Holding Company, Inc. (NASDAQ:COMM) for 21,000 shares. Moreover, Dreman Value Management L L C has 0.01% invested in CommScope Holding Company, Inc. (NASDAQ:COMM). Route One LP reported 7.16M shares. Nelson Van Denburg & Campbell Wealth Mgmt Group Limited Liability Co invested 0.03% in CommScope Holding Company, Inc. (NASDAQ:COMM). 6,187 were reported by Nordea Invest Mngmt. Veritable LP holds 0.01% or 13,554 shares in its portfolio. Financial Architects Incorporated accumulated 3,743 shares. First Trust Limited Partnership holds 294,941 shares or 0.03% of its portfolio. Lyrical Asset Mgmt Lp holds 2.22% or 4.80M shares. Moreover, Cambridge Investment has 0% invested in CommScope Holding Company, Inc. (NASDAQ:COMM). Winfield Assoc Incorporated has 30 shares for 0% of their portfolio. Alliancebernstein Limited Partnership accumulated 0.01% or 188,741 shares.

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. Topeka Capital Markets initiated the stock with “Buy” rating in Tuesday, May 24 report. The firm has “Buy” rating given on Wednesday, August 17 by Citigroup. The firm has “Buy” rating by Argus Research given on Wednesday, November 15. Guggenheim maintained the shares of HD in report on Monday, February 26 with “Buy” rating. The firm has “Buy” rating by UBS given on Wednesday, November 18. The company was maintained on Wednesday, March 21 by Morgan Stanley. BMO Capital Markets maintained The Home Depot, Inc. (NYSE:HD) on Wednesday, September 13 with “Buy” rating. The stock has “Buy” rating by Robert W. Baird on Friday, September 8. The firm earned “Buy” rating on Tuesday, October 3 by Gordon Haskett Capital Corporation. The rating was maintained by Jefferies on Monday, February 5 with “Buy”.

Since December 7, 2017, it had 2 insider purchases, and 9 selling transactions for $56.15 million activity. $8.51 million worth of The Home Depot, Inc. (NYSE:HD) shares were sold by HOLIFIELD MARK. Menear Craig A also sold $20.89 million worth of The Home Depot, Inc. (NYSE:HD) on Wednesday, February 21. 9,000 shares valued at $1.68M were sold by Lennie William G. on Thursday, May 17. Another trade for 17,660 shares valued at $3.31 million was sold by Decker Edward P.. $3.00 million worth of The Home Depot, Inc. (NYSE:HD) was bought by BRENNEMAN GREGORY D. CODINA ARMANDO M also bought $1.19M worth of The Home Depot, Inc. (NYSE:HD) shares.

Hemenway Trust Company Llc, which manages about $524.98M US Long portfolio, decreased its stake in Schlumberger (NYSE:SLB) by 40,587 shares to 60,647 shares, valued at $4.09 million in 2017Q4, according to the filing. It also reduced its holding in 3M (NYSE:MMM) by 2,349 shares in the quarter, leaving it with 75,258 shares, and cut its stake in Helmerich & Payne (NYSE:HP).

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.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts