Intersect Capital Has Boosted Home Depot (HD) Position by $302,634; Keybank National Association Decreased Stake in Independent Bank Mass (INDB) by $385,400

Independent Bank Corp. (NASDAQ:INDB) Logo

Keybank National Association decreased its stake in Independent Bank Corp Mass (INDB) by 25.2% based on its latest 2018Q3 regulatory filing with the SEC. Keybank National Association sold 4,700 shares as the company’s stock declined 19.02% with the market. The institutional investor held 13,951 shares of the major banks company at the end of 2018Q3, valued at $1.15M, down from 18,651 at the end of the previous reported quarter. Keybank National Association who had been investing in Independent Bank Corp Mass for a number of months, seems to be less bullish one the $2.29 billion market cap company. The stock decreased 0.07% or $0.06 during the last trading session, reaching $81.41. About 51,969 shares traded. Independent Bank Corp. (NASDAQ:INDB) has risen 5.17% since February 12, 2018 and is uptrending. It has outperformed by 5.17% the S&P500. Some Historical INDB News: 23/05/2018 – OTC Markets Group Welcomes Citizens Independent Bancorp to OTCQX; 15/03/2018 – Independent Bank MA Raises Dividend to 38c Vs. 32c; 29/05/2018 – INDEPENDENT BANK CORP – TRANSACTION IS INTENDED TO QUALIFY AS A TAX-FREE REORGANIZATION FOR FEDERAL INCOME TAX PURPOSES; 02/04/2018 – INDB Closes Below 200-Day Moving Average: Technicals; 19/04/2018 – INDB 1Q OPER EPS $1.00, EST. $1.05; 09/04/2018 – Independent Bank Corp.’s First Quarter Earnings Press Release and Conference Call Announcement; 19/03/2018 – Rockland Trust Launches “Small Business, Big Dreams” Contest; 15/03/2018 Independent Bank Corp. Announces A 19% Increase In The Quarterly Dividend; 29/05/2018 – INDEPENDENT BANK CORP – ANTICIPATES TRANSACTION WILL BE ACCRETIVE TO 2019 EARNINGS; 19/04/2018 – INDB 1Q EPS $1.00

Intersect Capital Llc increased its stake in Home Depot Inc (HD) by 58.46% based on its latest 2018Q3 regulatory filing with the SEC. Intersect Capital Llc bought 1,462 shares as the company’s stock declined 18.51% with the market. The institutional investor held 3,963 shares of the consumer services company at the end of 2018Q3, valued at $821,000, up from 2,501 at the end of the previous reported quarter. Intersect Capital Llc who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $209.92B market cap company. The stock increased 1.60% or $2.93 during the last trading session, reaching $185.85. About 1.64M shares traded. The Home Depot, Inc. (NYSE:HD) has declined 5.66% since February 12, 2018 and is downtrending. It has underperformed by 5.66% the S&P500.

Intersect Capital Llc, which manages about $207.70 million and $229.13M US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 30,782 shares to 21,777 shares, valued at $246,000 in 2018Q3, according to the filing.

Since August 16, 2018, it had 4 buys, and 4 sales for $24.39 million activity. Campbell Ann Marie also sold $3.81 million worth of The Home Depot, Inc. (NYSE:HD) on Thursday, August 16. Lennie William G. also sold $2.19 million worth of The Home Depot, Inc. (NYSE:HD) on Monday, August 20. The insider Roseborough Teresa Wynn sold 7,203 shares worth $1.28M. Carey Matt also sold $806,149 worth of The Home Depot, Inc. (NYSE:HD) on Thursday, August 16. Menear Craig A also sold $21.17 million worth of The Home Depot, Inc. (NYSE:HD) on Wednesday, November 14. VADON MARK C had bought 11,500 shares worth $2.00 million.

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Benzinga.com which released: “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” on February 01, 2019, also Investorplace.com with their article: “10 Cold Weather Stocks to Heat Up Your Returns – Investorplace.com” published on February 01, 2019, Benzinga.com published: “Amazon.com, Inc. (NASDAQ:AMZN), Home Depot, Inc. (The) (NYSE:HD) – Top Five Warehouse Construction Markets Driven By Tightened Regional Vacancy – Benzinga” on January 16, 2019. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Barrons.com and their article: “Sherwin-Williams Results Don’t Bode Well for Home Depot and Lowe’s – Barron’s” published on January 16, 2019 as well as Streetinsider.com‘s news article titled: “Sherwin-Williams (SHW) Miss Has Negative Read for Home Depot (HD) and Lowe’s (LOW) – Deutsche Bank – StreetInsider.com” with publication date: January 15, 2019.

Investors sentiment decreased to 0.97 in 2018 Q3. 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. Moon Mgmt has invested 0% in The Home Depot, Inc. (NYSE:HD). Dumont And Blake Advsrs Ltd Liability Company has invested 0.11% in The Home Depot, Inc. (NYSE:HD). Argi Invest Ser Lc, Kentucky-based fund reported 4,065 shares. Aviance Cap Mngmt Ltd reported 0.05% in The Home Depot, Inc. (NYSE:HD). Tradewinds Mngmt Ltd Liability Company reported 8,059 shares stake. Adams Diversified Equity Fund Inc stated it has 1.78% in The Home Depot, Inc. (NYSE:HD). Jacobs Levy Equity reported 0.03% of its portfolio in The Home Depot, Inc. (NYSE:HD). 16,767 are held by Spinnaker Tru. Paloma Partners Mgmt Company holds 0.03% or 8,221 shares. Cullen Frost Bankers Inc holds 260,666 shares or 1.69% of its portfolio. Philadelphia Trust owns 0.1% invested in The Home Depot, Inc. (NYSE:HD) for 5,821 shares. Kings Point Management invested 0.06% in The Home Depot, Inc. (NYSE:HD). Dana Inv holds 184,204 shares or 1.56% of its portfolio. Salem Mngmt stated it has 5,300 shares or 0.59% of all its holdings. Shell Asset Mgmt holds 225,464 shares.

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. Morgan Stanley upgraded it to “Overweight” rating and $165 target in Thursday, February 23 report. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by Robert W. Baird on Wednesday, January 10. The stock of The Home Depot, Inc. (NYSE:HD) has “Neutral” rating given on Friday, November 16 by Bank of America. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Thursday, December 7 by RBC Capital Markets. The stock of The Home Depot, Inc. (NYSE:HD) earned “Sell” rating by SEB Equity Research on Tuesday, August 25. Robert W. Baird maintained The Home Depot, Inc. (NYSE:HD) rating on Tuesday, February 20. Robert W. Baird has “Buy” rating and $220.0 target. On Tuesday, October 23 the stock rating was maintained by Morgan Stanley with “Overweight”. The rating was maintained by Cantor Fitzgerald with “Hold” on Wednesday, November 18. Robert W. Baird maintained the stock with “Buy” rating in Thursday, November 30 report. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by RBC Capital Markets on Monday, September 18.

Among 9 analysts covering Independent Bank (NASDAQ:INDB), 1 have Buy rating, 1 Sell and 7 Hold. Therefore 11% are positive. Independent Bank had 28 analyst reports since July 20, 2015 according to SRatingsIntel. The rating was maintained by Compass Point on Friday, October 16 with “Neutral”. Keefe Bruyette & Woods maintained the shares of INDB in report on Thursday, December 21 with “Hold” rating. The firm has “Neutral” rating by PiperJaffray given on Thursday, May 31. As per Tuesday, October 3, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Hold” rating by Piper Jaffray given on Monday, July 24. Keefe Bruyette & Woods maintained Independent Bank Corp. (NASDAQ:INDB) rating on Friday, April 20. Keefe Bruyette & Woods has “Hold” rating and $8000 target. As per Sunday, July 23, the company rating was maintained by Keefe Bruyette & Woods. Compass Point upgraded Independent Bank Corp. (NASDAQ:INDB) on Monday, December 18 to “Buy” rating. The rating was maintained by Piper Jaffray on Thursday, October 19 with “Hold”. As per Thursday, August 20, the company rating was upgraded by Zacks.

Since January 25, 2019, it had 0 buys, and 3 selling transactions for $360,887 activity. On Monday, February 4 JONES KEVIN J sold $160,740 worth of Independent Bank Corp. (NASDAQ:INDB) or 2,000 shares.

Investors sentiment decreased to 1.44 in 2018 Q3. Its down 0.44, from 1.88 in 2018Q2. It is negative, as 3 investors sold INDB shares while 49 reduced holdings. 30 funds opened positions while 45 raised stakes. 22.01 million shares or 1.07% less from 22.24 million shares in 2018Q2 were reported. Teacher Retirement Of Texas holds 0% or 3,247 shares in its portfolio. Alps holds 0% or 5,494 shares in its portfolio. Dimensional Fund Lp reported 0.04% stake. Profund Lc holds 4,825 shares. First Tru Advsrs Lp holds 0.01% or 67,914 shares. Bollard Gp Limited accumulated 2,360 shares. Swiss Bancorporation has 0% invested in Independent Bank Corp. (NASDAQ:INDB). United Automobile Association owns 0% invested in Independent Bank Corp. (NASDAQ:INDB) for 4,331 shares. Thrivent For Lutherans accumulated 0% or 19,289 shares. 19,717 were accumulated by Excalibur Management. Prelude Cap Mgmt Ltd Limited Liability Company reported 0% of its portfolio in Independent Bank Corp. (NASDAQ:INDB). Ghp Inv Advsrs Incorporated, a Colorado-based fund reported 5,953 shares. Hennessy Advisors holds 0.21% of its portfolio in Independent Bank Corp. (NASDAQ:INDB) for 70,000 shares. Manufacturers Life Insurance Com The stated it has 0.06% of its portfolio in Independent Bank Corp. (NASDAQ:INDB). Citigroup owns 0% invested in Independent Bank Corp. (NASDAQ:INDB) for 13,698 shares.

More notable recent Independent Bank Corp. (NASDAQ:INDB) news were published by: Bizjournals.com which released: “The Seaport’s Blue Hills Bank Pavilion has a new name – Boston Business Journal” on February 04, 2019, also Nasdaq.com with their article: “Validea Martin Zweig Strategy Daily Upgrade Report – 1/23/2019 – Nasdaq” published on January 23, 2019, Nasdaq.com published: “Blue Hills Bancorp, Inc. Stockholders Approve Acquisition by Independent Bank Corp. – Nasdaq” on January 16, 2019. More interesting news about Independent Bank Corp. (NASDAQ:INDB) were released by: Nasdaq.com and their article: “Independent Bank (INDB) to Buy Blue Hills Bancorp for $727M – Nasdaq” published on September 24, 2018 as well as Businesswire.com‘s news article titled: “Shareholders of Independent Bank Corp. Approve Blue Hills Bancorp, Inc Acquisition – Business Wire” with publication date: January 25, 2019.

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