Alpha Cubed Investments Position in Home Depot (HD) Has Increased by $1.53 Million; As Duke Energy Corp. (DUK) Stock Rose, Patten & Patten Raised Stake by $2.25 Million

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

Patten & Patten Inc increased its stake in Duke Energy Corp. (DUK) by 76.39% based on its latest 2018Q3 regulatory filing with the SEC. Patten & Patten Inc bought 28,159 shares as the company’s stock rose 9.96% while stock markets declined. The institutional investor held 65,023 shares of the power generation company at the end of 2018Q3, valued at $5.20 million, up from 36,864 at the end of the previous reported quarter. Patten & Patten Inc who had been investing in Duke Energy Corp. for a number of months, seems to be bullish on the $64.37B market cap company. The stock increased 0.92% or $0.82 during the last trading session, reaching $90.3. About 3.72 million shares traded or 7.16% up from the average. Duke Energy Corporation (NYSE:DUK) has risen 2.97% since February 11, 2018 and is uptrending. It has outperformed by 2.97% the S&P500. Some Historical DUK News: 15/03/2018 – Duke Energy funding N.C. wood stove changeout program to improve air quality; 03/05/2018 – Duke Energy customers are centerpiece of company’s long-term strategy, CEO Good tells shareholders; 10/05/2018 – DUKE HAS $2B EQUITY ISSUE TARGET IN 2018; 07/05/2018 – Duke Energy helps South Carolina customers go solar with more than $50 million in rebates; 10/05/2018 – DUKE ENERGY EARNINGS CALL BEGINS; 15/05/2018 – DUKE ENERGY: NEW EXEC APPOINTMENTS FOR CUSTOMER SERVICES; 15/05/2018 – Duke Energy Closes Below 50-Day Moving Average: Technicals; 13/04/2018 – Duke Energy Ohio asks the Ohio Power Siting Board to move forward with its consideration of the Central Corridor Pipeline appli; 10/05/2018 – DUKE SEES 0.5 PERCENT POWER RETAIL GROWTH LONG-TERM; 27/04/2018 – Duke Energy Florida recognized as Tree Line USA utility for 12th consecutive year

Alpha Cubed Investments Llc increased its stake in Home Depot Inc (HD) by 96.88% based on its latest 2018Q3 regulatory filing with the SEC. Alpha Cubed Investments Llc bought 8,560 shares as the company’s stock declined 18.51% with the market. The institutional investor held 17,396 shares of the consumer services company at the end of 2018Q3, valued at $3.13 million, up from 8,836 at the end of the previous reported quarter. Alpha Cubed Investments Llc who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $208.44 billion market cap company. The stock increased 0.26% or $0.47 during the last trading session, reaching $184.54. About 2.79M shares traded. The Home Depot, Inc. (NYSE:HD) has declined 5.66% since February 11, 2018 and is downtrending. It has underperformed by 5.66% the S&P500. Some Historical HD News: 24/04/2018 – NBC DFW: BREAKING: Two DPD officers critically wounded in shooting at Dallas Home Depot -; 15/05/2018 – Cramer: Don’t bail on Home Depot just because of sluggish spring sales; 08/03/2018 – USA TODAY Money: Exclusive: Home Depot to donate $50M to train construction workers, address severe shortage; 25/04/2018 – Spectrum News Austin: BREAKING: Dallas Police Officer Rogelio Santander has died after a shooting at a Home Depot yesterday; 24/04/2018 – BNO News: BREAKING: At least 3 people, including 2 police officers, have been shot near Home Depot in northeast Dallas – WFAA; 17/05/2018 – Rust-Oleum launches Varathane Classic interior wood care products exclusively at The Home Depot; 15/05/2018 – ♫ Reuters Insider – Dow snaps 8-day winning streak; 24/04/2018 – KYTX CBS19: Sources: 2 Dallas PD officers, 1 security guard shot at Home Depot in north Dalla; 14/03/2018 – Earth Alive Distributor American Cannabis Company Secures New Online Distribution Channels With Walmart, The Home Depot and Amazon for Dr. Maríjane Root Probiotic; 15/05/2018 – Home Depot 1Q Net Cash Provided by Operating Activities $3.98B

Alpha Cubed Investments Llc, which manages about $320.00M and $858.36 million US Long portfolio, decreased its stake in Lockheed Martin Corp (NYSE:LMT) by 1,456 shares to 56,114 shares, valued at $18.41M in 2018Q3, according to the filing. It also reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 218 shares in the quarter, leaving it with 4,592 shares, and cut its stake in Mcdonalds Corp (NYSE:MCD).

Since August 16, 2018, it had 4 insider buys, and 6 sales for $29.00 million activity. On Thursday, August 16 the insider Carey Matt sold $806,149. Shares for $21.17 million were sold by Menear Craig A on Wednesday, November 14. $2.19M worth of The Home Depot, Inc. (NYSE:HD) was sold by Lennie William G.. Kadre Manuel had bought 1,000 shares worth $169,330. Hewett Wayne M. had bought 250 shares worth $42,405. Roseborough Teresa Wynn had sold 7,203 shares worth $1.28 million.

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Streetinsider.com which released: “Sherwin-Williams (SHW) Miss Has Negative Read for Home Depot (HD) and Lowe’s (LOW) – Deutsche Bank – StreetInsider.com” on January 15, 2019, also Barrons.com with their article: “Sherwin-Williams Results Don’t Bode Well for Home Depot and Lowe’s – Barron’s” published on January 16, 2019, Finance.Yahoo.com published: “Will Home Depot Raise Its Dividend in 2019? – Yahoo Finance” on January 12, 2019. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Benzinga.com and their article: “Amazon.com, Inc. (NASDAQ:AMZN), Home Depot, Inc. (The) (NYSE:HD) – Port Report: China And U.S. Trade War Aside, Port Tampa Bay Looks To Asia For Growth – Benzinga” published on February 01, 2019 as well as Benzinga.com‘s news article titled: “Amazon.com, Inc. (NASDAQ:AMZN), Home Depot, Inc. (The) (NYSE:HD) – Top Five Warehouse Construction Markets Driven By Tightened Regional Vacancy – Benzinga” with publication date: January 16, 2019.

Among 36 analysts covering The Home Depot Inc. (NYSE:HD), 23 have Buy rating, 0 Sell and 13 Hold. Therefore 64% are positive. The Home Depot Inc. had 130 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 18. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 16. The stock of The Home Depot, Inc. (NYSE:HD) has “Outperform” rating given on Wednesday, November 16 by RBC Capital Markets. The company was maintained on Wednesday, November 15 by Argus Research. The company was maintained on Friday, September 8 by Robert W. Baird. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Tuesday, October 3 by Gordon Haskett Capital Corporation. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, February 22. The firm has “Buy” rating given on Thursday, November 30 by Robert W. Baird. Telsey Advisory Group maintained it with “Outperform” rating and $148 target in Monday, December 7 report. The firm has “Buy” rating by UBS given on Wednesday, November 14.

Investors sentiment decreased to 0.97 in Q3 2018. Its down 0.17, from 1.14 in 2018Q2. It turned negative, as 37 investors sold HD shares while 645 reduced holdings. 128 funds opened positions while 533 raised stakes. 755.02 million shares or 1.26% less from 764.62 million shares in 2018Q2 were reported. Hap Trading Limited Liability Co holds 16,696 shares. Professional Advisory has invested 0.07% in The Home Depot, Inc. (NYSE:HD). The New York-based Evercore Wealth Mngmt Ltd Com has invested 2.61% in The Home Depot, Inc. (NYSE:HD). First Western Management Company invested 3.69% of its portfolio in The Home Depot, Inc. (NYSE:HD). Bailard holds 61,322 shares or 0.74% of its portfolio. Credit Agricole S A owns 87,989 shares or 0.87% of their US portfolio. Haverford Co reported 55,406 shares. Cornercap Counsel owns 3,303 shares or 0.09% of their US portfolio. Evergreen Capital Management Lc reported 0.09% in The Home Depot, Inc. (NYSE:HD). Vision Management accumulated 1,042 shares. 232,662 are owned by Assetmark. San Francisco Sentry Invest Gp (Ca) reported 1.67% stake. Argent Trust stated it has 58,247 shares. Halsey Assocs Ct owns 4,505 shares. Moreover, Thomas J Herzfeld Inc has 0% invested in The Home Depot, Inc. (NYSE:HD) for 45 shares.

Among 20 analysts covering Duke Energy (NYSE:DUK), 6 have Buy rating, 2 Sell and 12 Hold. Therefore 30% are positive. Duke Energy had 103 analyst reports since August 7, 2015 according to SRatingsIntel. As per Sunday, August 27, the company rating was maintained by RBC Capital Markets. As per Monday, February 12, the company rating was maintained by SunTrust. Citigroup maintained the shares of DUK in report on Wednesday, July 20 with “Neutral” rating. Citigroup maintained the shares of DUK in report on Tuesday, October 17 with “Sell” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, September 21. As per Tuesday, July 24, the company rating was maintained by Howard Weil. Wells Fargo downgraded Duke Energy Corporation (NYSE:DUK) on Tuesday, February 2 to “Market Perform” rating. The company was maintained on Tuesday, October 24 by Bank of America. The firm has “Buy” rating given on Tuesday, January 2 by Guggenheim. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, December 13 report.

Patten & Patten Inc, which manages about $1.33B and $1.01 billion US Long portfolio, decreased its stake in Pulte Homes Inc. (NYSE:PHM) by 27,729 shares to 453,836 shares, valued at $11.24M in 2018Q3, according to the filing. It also reduced its holding in Apple Inc Com (NASDAQ:AAPL) by 4,819 shares in the quarter, leaving it with 320,271 shares, and cut its stake in Delta Airlines (NYSE:DAL).

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