Home Depot (HD) Shareholder Oakworth Capital Has Trimmed Its Stake as Stock Price Rose; Tph Asset Management Lifted Its Position in Conocophillips (COP) by $864,730 as Market Value Declined

December 8, 2017 - By Nellie Frank

Oakworth Capital Inc decreased its stake in Home Depot Inc (HD) by 32.46% based on its latest 2017Q2 regulatory filing with the SEC. Oakworth Capital Inc sold 2,766 shares as the company’s stock rose 9.30% with the market. The institutional investor held 5,756 shares of the consumer services company at the end of 2017Q2, valued at $883,000, down from 8,522 at the end of the previous reported quarter. Oakworth Capital Inc who had been investing in Home Depot Inc for a number of months, seems to be less bullish one the $212.53B market cap company. The stock increased 0.66% or $1.2 during the last trading session, reaching $182. About 5.48 million shares traded or 22.23% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since December 8, 2016 and is uptrending. It has outperformed by 1.95% the S&P500.

Tph Asset Management Llc increased its stake in Conocophillips (COP) by 22.52% based on its latest 2017Q2 regulatory filing with the SEC. Tph Asset Management Llc bought 20,110 shares as the company’s stock declined 0.06% while stock markets rallied. The hedge fund held 109,420 shares of the integrated oil company at the end of 2017Q2, valued at $4.81M, up from 89,310 at the end of the previous reported quarter. Tph Asset Management Llc who had been investing in Conocophillips for a number of months, seems to be bullish on the $60.42 billion market cap company. The stock increased 0.32% or $0.16 during the last trading session, reaching $50.54. About 4.04M shares traded. ConocoPhillips (NYSE:COP) has risen 9.50% since December 8, 2016 and is uptrending. It has underperformed by 7.20% the S&P500.

Investors sentiment decreased to 0.71 in 2017 Q2. Its down 0.08, from 0.79 in 2017Q1. It is negative, as 80 investors sold COP shares while 511 reduced holdings. 87 funds opened positions while 334 raised stakes. 822.50 million shares or 0.21% more from 820.79 million shares in 2017Q1 were reported. The North Carolina-based Cardinal Mngmt has invested 0.98% in ConocoPhillips (NYSE:COP). Moreover, Livforsakringsbolaget Skandia Omsesidigt has 0.1% invested in ConocoPhillips (NYSE:COP). Goelzer Mngmt holds 0.51% or 95,234 shares in its portfolio. West Family Investments owns 7,200 shares or 0.07% of their US portfolio. Ironwood Ltd Llc accumulated 61 shares. Wellington Grp Llp has 17.47 million shares. Palisade Asset Ltd Company reported 21,787 shares or 0.19% of all its holdings. Flippin Bruce And Porter Inc has invested 1.98% of its portfolio in ConocoPhillips (NYSE:COP). 795,859 were accumulated by Voya Inv Mngmt Ltd Liability Corporation. Artemis Invest Ltd Liability Partnership holds 0.04% or 34,516 shares. Meeder Asset Mgmt Inc stated it has 0.1% in ConocoPhillips (NYSE:COP). Atlanta Cap Grp Inc, Georgia-based fund reported 11,871 shares. Martingale Asset LP stated it has 0.13% of its portfolio in ConocoPhillips (NYSE:COP). Compton Management Ri invested in 0.26% or 13,117 shares. Ajo Lp stated it has 0.56% in ConocoPhillips (NYSE:COP).

More notable recent ConocoPhillips (NYSE:COP) news were published by: Fool.com which released: “Better Buy: Sunoco LP vs. ConocoPhillips” on December 01, 2017, also Finance.Yahoo.com with their article: “ConocoPhillips (COP) Down 2.6% Since Earnings Report: Can It Rebound?” published on November 29, 2017, Seekingalpha.com published: “ConocoPhillips – Solid Growth Ahead Makes It Attractive” on November 26, 2017. More interesting news about ConocoPhillips (NYSE:COP) were released by: Seekingalpha.com and their article: “ConocoPhillips: Bother Because This Lucky Management Is About To Make Some …” published on December 04, 2017 as well as Reuters.com‘s news article titled: “ConocoPhillips vows financial discipline as it aims to boost output” with publication date: November 08, 2017.

Among 24 analysts covering ConocoPhillips (NYSE:COP), 16 have Buy rating, 1 Sell and 7 Hold. Therefore 67% are positive. ConocoPhillips had 79 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Argus Research on Wednesday, December 9. Jefferies maintained the stock with “Buy” rating in Friday, October 6 report. The stock of ConocoPhillips (NYSE:COP) has “Buy” rating given on Friday, July 21 by Citigroup. Societe Generale upgraded the shares of COP in report on Wednesday, January 11 to “Buy” rating. Jefferies downgraded ConocoPhillips (NYSE:COP) on Thursday, April 21 to “Underperform” rating. Vetr downgraded it to “Strong-Buy” rating and $51.66 target in Monday, August 31 report. The stock of ConocoPhillips (NYSE:COP) has “Buy” rating given on Wednesday, September 27 by Cowen & Co. The rating was downgraded by Societe Generale on Thursday, February 4 to “Hold”. The stock has “Underperform” rating by CLSA on Tuesday, November 15. The firm has “Neutral” rating given on Wednesday, April 19 by Guggenheim.

Tph Asset Management Llc, which manages about $865.56M and $893.01M US Long portfolio, decreased its stake in Diamondback Energy Inc (NASDAQ:FANG) by 17,537 shares to 215,308 shares, valued at $19.12M in 2017Q2, according to the filing. It also reduced its holding in Western Gas Partners Lp (NYSE:WES) by 112,731 shares in the quarter, leaving it with 95,228 shares, and cut its stake in Semgroup Corp (NYSE:SEMG).

Investors sentiment increased to 0.95 in 2017 Q2. Its up 0.12, from 0.83 in 2017Q1. It is positive, as 38 investors sold HD shares while 632 reduced holdings. 120 funds opened positions while 517 raised stakes. 822.13 million shares or 1.82% less from 837.36 million shares in 2017Q1 were reported. Meiji Yasuda Life Insurance Communication holds 0.88% in The Home Depot, Inc. (NYSE:HD) or 37,386 shares. Rafferty Asset Mgmt Limited Company has 0.1% invested in The Home Depot, Inc. (NYSE:HD). Leisure Cap Mngmt accumulated 17,998 shares or 2.46% of the stock. Pax Ww Management Limited Company reported 9,466 shares. Iab Finance Bankshares holds 4,670 shares or 0.35% of its portfolio. Greenwood Gearhart holds 2.03% in The Home Depot, Inc. (NYSE:HD) or 34,544 shares. Ferguson Wellman Capital Incorporated reported 255,311 shares or 1.47% of all its holdings. Samlyn Capital Ltd Liability Com reported 52,954 shares stake. Consolidated Inv Group owns 11,417 shares. Wasatch Advisors invested in 0.02% or 11,031 shares. Dimensional Fund Advsrs Limited Partnership reported 0.22% in The Home Depot, Inc. (NYSE:HD). 108,115 were reported by Wesbanco State Bank. Kames Pcl accumulated 19,506 shares or 0% of the stock. First Heartland Consultants holds 0.18% or 4,541 shares in its portfolio. Lourd Cap Limited Liability Co owns 2,915 shares.

Oakworth Capital Inc, which manages about $365.18M US Long portfolio, upped its stake in Vanguard I Ftse All (VEU) by 7,013 shares to 100,607 shares, valued at $5.03M in 2017Q2, according to the filing. It also increased its holding in Ishares Russell Mid (IWR) by 2,783 shares in the quarter, for a total of 40,939 shares, and has risen its stake in Ishares R1000 Growth Etf (IWF).

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Seekingalpha.com which released: “Home Depot: Quality, Value And Momentum” on November 27, 2017, also Investorplace.com with their article: “3 Reasons Home Depot Inc Will Continue Marching Higher” published on November 29, 2017, Marketwatch.com published: “Home Depot sets new $15 billion stock buyback program, affirms 2017 outlook” on December 06, 2017. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Usnews.com and their article: “Lowe’s May Finally Get the Best of Home Depot” published on November 13, 2017 as well as Seekingalpha.com‘s news article titled: “Home Depot – Buy This Winner” with publication date: November 26, 2017.

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