Bridges Investment Management Has Boosted Home Depot Com (HD) Stake By $304,647; Contango Oil & Gas Co (MCF) Has 1.33 Sentiment

January 10, 2018 - By John Hoffman

Contango Oil & Gas Company, an independent oil and natural gas company, acquires, explores, develops, exploits, and produces natural gas and crude oil properties in the offshore shallow waters of the Gulf of Mexico, and in the onshore Texas and Wyoming in the United States. The company has market cap of $135.71 million. As of December 31, 2016, it had proved reserves of approximately 151.8 billion cubic feet equivalent, including 105.1 billion cubic feet of natural gas, 3.4 million barrels of crude oil and condensate, and 4.4 million barrels of natural gas liquids. It currently has negative earnings.

Bridges Investment Management Inc increased Home Depot Inc Com (HD) stake by 4.13% reported in 2017Q3 SEC filing. Bridges Investment Management Inc acquired 1,869 shares as Home Depot Inc Com (HD)’s stock rose 9.30%. The Bridges Investment Management Inc holds 47,158 shares with $7.71 million value, up from 45,289 last quarter. Home Depot Inc Com now has $225.49B valuation. The stock increased 0.55% or $1.06 during the last trading session, reaching $193.1. About 3.01 million shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since January 10, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Bridges Investment Management Inc decreased Express Scripts Holding Co Com (NASDAQ:ESRX) stake by 5,262 shares to 45,665 valued at $2.89M in 2017Q3. It also reduced Level 3 Communications Inc (NYSE:LVLT) stake by 37,732 shares and now owns 15,046 shares. Berkshire Hathaway Inc Class A (BRKA) was reduced too.

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 $210.0 highest and $106 lowest target. $172.16’s average target is -10.84% below currents $193.1 stock price. The Home Depot Inc. had 101 analyst reports since August 19, 2015 according to SRatingsIntel. Bank of America maintained the shares of HD in report on Wednesday, November 8 with “Buy” rating. The company was maintained on Monday, December 7 by Credit Suisse. Oppenheimer maintained The Home Depot, Inc. (NYSE:HD) on Tuesday, August 15 with “Buy” rating. The stock of The Home Depot, Inc. (NYSE:HD) earned “Hold” rating by Cantor Fitzgerald on Wednesday, November 18. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by Jefferies on Friday, July 21. The rating was maintained by Stifel Nicolaus on Thursday, July 20 with “Buy”. The rating was maintained by Robert W. Baird on Thursday, November 30 with “Buy”. Goldman Sachs maintained it with “Neutral” rating and $127 target in Tuesday, August 18 report. The firm has “Hold” rating given on Tuesday, August 15 by Piper Jaffray. Argus Research maintained The Home Depot, Inc. (NYSE:HD) on Wednesday, November 15 with “Buy” rating.

Since August 16, 2017, it had 0 insider purchases, and 5 sales for $18.46 million activity. Carey Matt sold 32,000 shares worth $5.03 million. On Wednesday, August 16 the insider Campbell Ann Marie sold $1.63 million. 15,000 shares were sold by Roseborough Teresa Wynn, worth $2.26 million on Monday, August 21.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.19, from 0.95 in 2017Q2. It improved, as 59 investors sold HD shares while 562 reduced holdings. 121 funds opened positions while 587 raised stakes. 796.24 million shares or 3.15% less from 822.13 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale owns 535,283 shares or 0.64% of their US portfolio. Cypress Asset Incorporated Tx invested 1.44% in The Home Depot, Inc. (NYSE:HD). Mathes accumulated 4,750 shares. Strategy Asset Managers Limited Com has 0.14% invested in The Home Depot, Inc. (NYSE:HD) for 4,306 shares. First Manhattan Com holds 29,911 shares or 0.03% of its portfolio. Godsey Gibb Assoc reported 95,546 shares or 2.67% of all its holdings. 71,079 were accumulated by Amica Mutual Insurance Com. Clinton Gru owns 0.54% invested in The Home Depot, Inc. (NYSE:HD) for 29,986 shares. Milestone Grp reported 0.06% of its portfolio in The Home Depot, Inc. (NYSE:HD). Inverness Counsel Limited Company owns 2.24% invested in The Home Depot, Inc. (NYSE:HD) for 193,782 shares. Seizert Cap Partners Limited Liability Company has invested 0.01% in The Home Depot, Inc. (NYSE:HD). Commonwealth Savings Bank Of Aus owns 105,255 shares for 0.17% of their portfolio. Balyasny Asset Mgmt Limited Liability Corp invested in 0.02% or 26,296 shares. Meridian Inv Counsel Inc holds 13,023 shares or 1.19% of its portfolio. First accumulated 66,199 shares.

The stock decreased 3.10% or $0.17 during the last trading session, reaching $5.32. About 425,747 shares traded. Contango Oil & Gas Company (MCF) has declined 40.53% since January 10, 2017 and is downtrending. It has underperformed by 57.23% the S&P500.

Analysts await Contango Oil & Gas Company (NYSEAMERICAN:MCF) to report earnings on March, 21. They expect $-0.17 EPS, up 59.52% or $0.25 from last year’s $-0.42 per share. After $-0.28 actual EPS reported by Contango Oil & Gas Company for the previous quarter, Wall Street now forecasts -39.29% EPS growth.