Atalanta Sosnoff Capital Boosted Home Depot (HD) Holding; Shorts at Abb Ltd (ABB) Raised By 10.03%

Atalanta Sosnoff Capital Llc increased Home Depot Inc (HD) stake by 0.57% reported in 2017Q3 SEC filing. Atalanta Sosnoff Capital Llc acquired 2,472 shares as Home Depot Inc (HD)’s stock rose 9.30%. The Atalanta Sosnoff Capital Llc holds 437,048 shares with $71.48 million value, up from 434,576 last quarter. Home Depot Inc now has $218.03 billion valuation. The stock decreased 0.14% or $0.26 during the last trading session, reaching $186.71. About 8.92 million shares traded or 66.78% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since February 21, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Abb Ltd (NYSE:ABB) had an increase of 10.03% in short interest. ABB’s SI was 5.14 million shares in February as released by FINRA. Its up 10.03% from 4.67M shares previously. With 1.73M avg volume, 3 days are for Abb Ltd (NYSE:ABB)’s short sellers to cover ABB’s short positions. The SI to Abb Ltd’s float is 0.29%. The stock decreased 0.67% or $0.17 during the last trading session, reaching $25.25. About 2.58M shares traded or 23.54% up from the average. ABB Ltd (NYSE:ABB) has risen 23.97% since February 21, 2017 and is uptrending. It has outperformed by 7.27% the S&P500.

Among 15 analysts covering ABB Ltd (NYSE:ABB), 7 have Buy rating, 2 Sell and 6 Hold. Therefore 47% are positive. ABB Ltd has $29.0 highest and $1800 lowest target. $23.67’s average target is -6.26% below currents $25.25 stock price. ABB Ltd had 37 analyst reports since August 21, 2015 according to SRatingsIntel. On Tuesday, February 9 the stock rating was reinitiated by BNP Paribas with “Underperform”. The firm earned “Hold” rating on Thursday, February 8 by Robert W. Baird. The firm has “Buy” rating given on Wednesday, December 13 by Robert W. Baird. As per Friday, December 11, the company rating was upgraded by RBC Capital Markets. Robert W. Baird maintained it with “Neutral” rating and $21 target in Thursday, April 21 report. The stock of ABB Ltd (NYSE:ABB) earned “Overweight” rating by Morgan Stanley on Monday, December 12. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, December 9 report. As per Wednesday, April 5, the company rating was maintained by Jefferies. The stock has “Sell” rating by Berenberg on Friday, September 4. The stock of ABB Ltd (NYSE:ABB) earned “Buy” rating by Robert W. Baird on Wednesday, October 4.

ABB Ltd manufactures and sells electrification, robotics and motion, power grid, and industrial automation products for utilities, transportation, infrastructure, and industrial clients worldwide. The company has market cap of $51.28 billion. The firm provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, low- and medium-voltage switchgears, switches, DIN rail components, and installation materials for building, data center, rail, wind and solar, food and beverage, marine, and gas and oil industries. It has a 24.59 P/E ratio. It also offers motors, generators, variable speed drives, robots and robotics, solar inverters, wind converters, rectifiers, and excitation systems, as well as power quality and protection solutions, electric vehicle fast charging infrastructure solutions, and components and subsystems for railways, and related services for discrete automation, process industries, transportation, and utilities.

Among 33 analysts covering The Home Depot Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. The Home Depot Inc. has $230.0 highest and $106 lowest target. $177.70’s average target is -4.83% below currents $186.71 stock price. The Home Depot Inc. had 108 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Buy” rating by Deutsche Bank given on Monday, January 25. As per Friday, July 21, the company rating was maintained by Jefferies. Jefferies maintained the stock with “Buy” rating in Friday, May 13 report. The company was maintained on Thursday, August 31 by Stifel Nicolaus. Atlantic Securities downgraded the stock to “Neutral” rating in Thursday, May 11 report. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Wednesday, August 19 by Vetr. SEB Equity Research maintained the shares of HD in report on Tuesday, August 25 with “Sell” rating. The rating was maintained by BMO Capital Markets with “Buy” on Wednesday, September 13. The firm has “Buy” rating by Deutsche Bank given on Wednesday, August 17. The rating was maintained by Robert W. Baird on Wednesday, January 10 with “Buy”.

Atalanta Sosnoff Capital Llc decreased Schwab Charles Corp New (NYSE:SCHW) stake by 199,988 shares to 9,780 valued at $428,000 in 2017Q3. It also reduced Microsoft Corp (NASDAQ:MSFT) stake by 42,282 shares and now owns 1.70M shares. Morgan Stanley (NYSE:MS) was reduced too.

Since August 21, 2017, it had 0 buys, and 3 sales for $14.57 million activity. $1.97M worth of The Home Depot, Inc. (NYSE:HD) shares were sold by Roseborough Teresa Wynn. $7.58 million worth of The Home Depot, Inc. (NYSE:HD) was sold by Carey Matt on Friday, December 8.