For 406 Shares, First Commonwealth Financial Corp PA Sells the Home Depot, Inc.

First Commonwealth Financial Corp., according to its most recent report, reported lower earnings than expected.

In its third quarter submission to the Securities and Exchange Commission, PA reported a decline of 10.6% in its shareholdings in The Home Depot, INC (NYSE: HD).

A total of 3,430 shares of the stock are now held by the home improvement store after 406 shares were sold during the previous quarter.

According to its most recent report to the Securities and Exchange Commission, First Commonwealth Financial Corp. owns $946,400 in Home Depot stock.

Stock holdings in institutional portfolios have also changed for other institutional investors.

During the third quarter of 2014, Picton Mahoney Asset Management invested approximately $4,200,000 towards the purchase of a new position at Home Depot.

A new share purchase by Pinnacle Wealth Planning Services INC caused its stake in Home Depot to increase by 1.2% during its most recent quarterly report.

A revised valuation of $1,642,000 has been assigned to Pinnacle Wealth Planning Services INC after it recently acquired 72 additional shares from the home improvement retailer.

Shares of this company are valued at $1,642,000 on the market.

As part of Schnieders Capital Management LLC's third quarter purchase, the company bought 17.9% of additional shares of Home Depot, making its ownership of the company 100%. During the period in question, Schnieders Capital Management LLC added 2,000 shares to its stock portfolio, taking the total to 13,145 shares in the $3,627,000 market cap company.

With the purchase of an additional 1.9% of Home Depot shares, Paradigm Financial Partners LLC's stake in the company grew to 28.6% in the third quarter.

The company's market capitalization is $4,080,000 after Paradigm Financial Partners LLC added as many as 258 shares during the period.

Consequently, the company now owns 14,050 shares. Keeping pace with Fort Point Capital Partners LLC, Fort Point Capital Partners LLC increased its investment in Home Depot by 1.7% during the third quarter. After buying an additional 138 shares in this timeframe, Fort Point Capital Partners LLC now owns 8,471 shares worth $2,338,000 of the stock of the home improvement retailer.

2,338,000 dollars is the value of these 8,471 shares.

68.31% of the total shares of the company's common stock are held by institutional investors, according to the most recent available data.

Reports published recently on HD stock have been analyzed by several analysts.

Its price target for Home Depot has been lowered from $400 to $382 in a research note published on November 16.

At the time of the original rating, the price target was $400, and the rating was “buy.”

A change of Exane BNP Paribas' rating to "neutral" and a $286.00 price goal for Home Depot was announced.

On Wednesday, October 19, the general public was given access to the report. A research report by Trade Algo revealed they had lowered their price objective at Home Depot from $347.00 to $300.00 in a study published on November 11.

Home Depot stock was the subject of the report. Research published on Tuesday, December 13 by Cowen assigned Home Depot the rating of "outperform.".

As well as this, Cowen raised its price objective for the company to $379.00 from $350.00.

As a result of Raymond James' revocation of the "outperform" rating for Home Depot, the company has now been rated "market perform." A total of nine analysts have rated the company "hold" while seventeen have given it a "buy" rating. According to information from Trade Algo, it has a consensus rating of “Moderate Buy” and its target price is $341.24, with a consensus recommendation of “Moderate Buy.”

As part of the company's annual shareholders meeting, Paula Santilli purchased 1,583 shares of stock on November 16.

Other occurrences also occurred.

A total of $499,911.40 was spent on all shares, which corresponded to $315.80 per share on average. At the time of the acquisition, each of the 1,583 company shares is valued at $499,911.40, giving the direct ownership of 1,583 shares.

Documents reporting the acquisition have been handed into the SEC, and you can find those documents on the SEC's website. During the week of November 17, Fahim Siddiqui, the company's Executive Vice President, sold 2,000 shares of its stock.

A total of $622,580.00 was generated by the sale of the company's stock, with an average price of $311.29 per share.

A total of $1,222,747.12 has been earned in total by the executive vice president from the sale of 3 928 shares.

There is an information document on this website containing the information provided to the Securities and Exchange Commission on the transaction.

A copy of the document is attached with all of the SEC's information.

On November 16, Paula Santilli purchased 1,583 shares of the company's stock in addition to serving as a director.

The stock was purchased for $499,911.40, or $315.80 per share, requiring a total investment of $499,911.40.

Immediately following the acquisition, the director has direct ownership of 1,583 shares of the company, valued at $499,911.40. It is recommended that you look in this location for disclosures about the acquisition.

It is estimated that insiders own 0.17 percent of the outstanding shares of the company.

At the beginning of Tuesday's trading hours, Home Depot's stock price dropped from $322.94 to $36.33.

A total of 857,635 shares were traded, significantly below the average daily volume of 3,093,225 shares for this stock.

At 31.16, the debt-to-equity ratio equates to 32.16 and the current ratio is 1.39.

In terms of current ratios, the current ratio sits at 1.39, the quick ratio at 0.33, and the debt-to-equity ratio at 32.16.

The current 50-day and 200-day moving averages for the company are $321.77 and $305.08.

Price-to-earnings is 19.85, earnings-to-growth is 1.73, and beta is 0.93. The company's price-to-earnings ratio is 19.85, earnings-to-growth is 1.73, and beta is 0.93.

$330.60 billion is the company's current market capitalization.

Its stock price fluctuated between a yearly low of $264.51 and a yearly high of $367.46 between 2013 and 2014.

The company released its quarterly financial results on Tuesday, November 15, after compiling and analyzing them previously.

A consensus estimate indicates that the seller of home improvement supplies made $4.24 per share in the fourth quarter, which is $0.13 higher than the general expectation of $4.11.

According to its most recent quarterly revenue report, the company generated $38.87 billion in revenue, which is significantly higher than the average prediction of $37.96 billion for the quarter. Home Depot, however, had an equity return of negative 3.656.69% despite a 10.87% net margin.

When compared with the results achieved during the same quarter last year, quarterly revenue increased by 5.6%.

Comparing the same period from last year with the current period, the company generated $3.92 per share.

Home Depot, INC is expected to generate $16.64 in earnings per share for the upcoming financial year, based on the estimates provided by equity analysts.

A quarterly dividend was paid to investors on December 15, which was also announced recently. Shareholders who were on record as holding company shares received a dividend payment of $1.90 per share on December 1.

Those whose shares were recorded as belonging to the company received this payment.

November 30, the day after Thanksgiving, was the ex-dividend date for this dividend.

In terms of dividend payment, this is equivalent to a 2.35 percent yield and a 7.60-dollar annual payout.

It is currently distributed to shareholders 45.81% of Home Depot's revenue.