Vontobel Asset Management Has Upped Its Home Depot (HD) Holding; Servisfirst Bancshares (SFBS) Shorts Up By 11.72%

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

Servisfirst Bancshares Inc (NASDAQ:SFBS) had an increase of 11.72% in short interest. SFBS’s SI was 2.62 million shares in June as released by FINRA. Its up 11.72% from 2.34M shares previously. With 182,700 avg volume, 14 days are for Servisfirst Bancshares Inc (NASDAQ:SFBS)’s short sellers to cover SFBS’s short positions. The SI to Servisfirst Bancshares Inc’s float is 5.79%. The stock increased 1.17% or $0.49 during the last trading session, reaching $42.5. About 97,592 shares traded. ServisFirst Bancshares, Inc. (NASDAQ:SFBS) has risen 19.97% since June 4, 2017 and is uptrending. It has outperformed by 7.40% the S&P500.

Vontobel Asset Management Inc increased Home Depot Inc (HD) stake by 2.26% reported in 2018Q1 SEC filing. Vontobel Asset Management Inc acquired 5,728 shares as Home Depot Inc (HD)’s stock declined 0.85%. The Vontobel Asset Management Inc holds 258,754 shares with $46.12M value, up from 253,026 last quarter. Home Depot Inc now has $216.12B valuation. The stock increased 0.43% or $0.8 during the last trading session, reaching $187.35. About 3.71 million shares traded. The Home Depot, Inc. (NYSE:HD) has risen 19.42% since June 4, 2017 and is uptrending. It has outperformed by 6.85% the S&P500.

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 rating was maintained by BMO Capital Markets with “Buy” on Tuesday, July 18. The firm has “Buy” rating given on Tuesday, May 24 by Topeka Capital Markets. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by Jefferies on Wednesday, September 13. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, December 7. The firm has “Neutral” rating by Atlantic Securities given on Thursday, May 11. The rating was maintained by Deutsche Bank on Wednesday, August 17 with “Buy”. The company was downgraded on Wednesday, August 19 by Vetr. The company was maintained on Wednesday, May 16 by Stifel Nicolaus. Raymond James upgraded the stock to “Outperform” rating in Wednesday, August 16 report. The stock of The Home Depot, Inc. (NYSE:HD) earned “Overweight” rating by Morgan Stanley on Thursday, February 23.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.06, from 0.93 in 2017Q4. It is negative, as 72 investors sold HD shares while 666 reduced holdings. 116 funds opened positions while 523 raised stakes. 772.16 million shares or 2.08% less from 788.59 million shares in 2017Q4 were reported. Godsey & Gibb Assoc owns 89,694 shares. Nuveen Asset Mgmt Limited Liability Company holds 386,367 shares or 0.45% of its portfolio. Crawford Invest Counsel reported 1.85% stake. Pinnacle Wealth Mgmt Advisory Gp Limited stated it has 0.9% in The Home Depot, Inc. (NYSE:HD). Sun Life holds 0% or 948 shares in its portfolio. Blue Cap invested 0.62% in The Home Depot, Inc. (NYSE:HD). Baldwin Brothers Inc Ma reported 1,653 shares. Acg Wealth stated it has 1.75% of its portfolio in The Home Depot, Inc. (NYSE:HD). Qci Asset Mgmt New York holds 66,173 shares or 1.25% of its portfolio. Bluestein R H And Communication owns 2.36% invested in The Home Depot, Inc. (NYSE:HD) for 241,974 shares. Tirschwell & Loewy owns 13,500 shares. Mitchell Sinkler Starr Pa accumulated 1.09% or 5,350 shares. Asset Mgmt One holds 0.78% or 1.94M shares. 461,512 are owned by Welch & Forbes Ltd Limited Liability Company. Beacon Cap Management Inc reported 0% in The Home Depot, Inc. (NYSE:HD).

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Seekingalpha.com which released: “Home Depot Vs. Lowe’s” on May 30, 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: The Street Underappreciates This Reality” on May 16, 2018. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Seekingalpha.com and their article: “Home Depot, Inc. (HD) CEO Craig Menear Presents at Bernstein 34th Annual Strategic Decisions Brokers Conference …” published on May 31, 2018 as well as 247Wallst.com‘s news article titled: “What to Expect From Home Depot’s Q1” with publication date: May 14, 2018.

Vontobel Asset Management Inc decreased Visa Inc (NYSE:V) stake by 448,507 shares to 4.46M valued at $543.19M in 2018Q1. It also reduced Berkshire Hathaway Inc Del (BRKB) stake by 63,481 shares and now owns 1.36 million shares. Facebook Inc (NASDAQ:FB) was reduced too.

Since December 7, 2017, it had 2 buys, and 9 sales for $56.15 million activity. CODINA ARMANDO M also bought $1.19M worth of The Home Depot, Inc. (NYSE:HD) shares. 9,000 shares were sold by Lennie William G., worth $1.68M. Another trade for 16,827 shares valued at $3.00M was made by BRENNEMAN GREGORY D on Wednesday, March 21. $20.89 million worth of stock was sold by Menear Craig A on Wednesday, February 21. On Wednesday, May 16 HOLIFIELD MARK sold $8.51 million worth of The Home Depot, Inc. (NYSE:HD) or 45,549 shares. Carey Matt also sold $7.58M worth of The Home Depot, Inc. (NYSE:HD) shares. The insider Campbell Ann Marie sold 37,680 shares worth $7.02 million.

Among 4 analysts covering ServisFirst Bancshares (NASDAQ:SFBS), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. ServisFirst Bancshares had 13 analyst reports since August 25, 2015 according to SRatingsIntel. As per Tuesday, October 13, the company rating was downgraded by Hovde Group. The firm has “Hold” rating given on Tuesday, January 23 by Hovde Group. The stock of ServisFirst Bancshares, Inc. (NASDAQ:SFBS) has “Outperform” rating given on Tuesday, August 25 by Raymond James. Stephens maintained ServisFirst Bancshares, Inc. (NASDAQ:SFBS) on Wednesday, July 19 with “Hold” rating. The rating was downgraded by Raymond James on Monday, October 5 to “Outperform”. The rating was maintained by Hovde Group on Tuesday, January 31 with “Underperform”. The stock has “Market Perform” rating by Hovde Group on Tuesday, October 18. The rating was maintained by Sandler O’Neill with “Hold” on Wednesday, March 28. The stock has “Hold” rating by Sandler O’Neill on Tuesday, January 23. Hovde Group downgraded the shares of SFBS in report on Friday, November 18 to “Underperform” rating.

ServisFirst Bancshares, Inc. operates as the bank holding firm for ServisFirst Bank that provides banking services to individual and corporate clients in the United States. The company has market cap of $2.26 billion. It offers demand, time, savings, and other deposits; checking, money market, and IRA accounts; and various certificates of deposit. It has a 24.71 P/E ratio. The firm also provides commercial lending products, such as seasonal loans, bridge loans, and term loans for working capital, expansion of the business, or acquisition of property, plant, and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans.

Another recent and important ServisFirst Bancshares, Inc. (NASDAQ:SFBS) news was published by Globenewswire.com which published an article titled: “Report: Exploring Fundamental Drivers Behind ServisFirst Bancshares, Iovance Biotherapeutics, Inc., MarineMax …” on May 29, 2018.

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