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Louisiana State Employees Retirement System Trims Holdings in The Home Depot, Inc. (NYSE:HD)

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Louisiana State Employees Retirement System Trims Holdings in The Home Depot, Inc. (NYSE:HD)



Louisiana State Workers Retirement System trimmed its place in The Residence Depot, Inc. (NYSE:HD – Get Ranking) by 0.3% within the 1st quarter, in keeping with its most up-to-date 13F submitting with the Securities and Trade Fee. The institutional investor owned 65,900 shares of the house enchancment retailer’s inventory after promoting 200 shares through the quarter. Residence Depot includes roughly 0.5% of Louisiana State Workers Retirement System’s holdings, making the inventory its twenty fifth greatest place. Louisiana State Workers Retirement System’s holdings in Residence Depot had been value $20,768,000 on the finish of the newest reporting interval.

A lot of different institutional traders have additionally not too long ago added to or decreased their stakes in HD. Sky Funding Group LLC grew its holdings in Residence Depot by 3.4% through the 1st quarter. Sky Funding Group LLC now owns 21,198 shares of the house enchancment retailer’s inventory valued at $6,345,000 after shopping for an extra 703 shares within the final quarter. Everhart Monetary Group Inc. grew its holdings in Residence Depot by 28.5% through the 1st quarter. Everhart Monetary Group Inc. now owns 2,062 shares of the house enchancment retailer’s inventory valued at $617,000 after shopping for an extra 457 shares within the final quarter. Diversified LLC grew its holdings in Residence Depot by 1.5% through the 1st quarter. Diversified LLC now owns 3,257 shares of the house enchancment retailer’s inventory valued at $975,000 after shopping for an extra 47 shares within the final quarter. Matisse Capital grew its holdings in shares of Residence Depot by 3.9% within the first quarter. Matisse Capital now owns 2,664 shares of the house enchancment retailer’s inventory valued at $797,000 after buying an extra 100 shares within the final quarter. Lastly, Hexagon Capital Companions LLC grew its holdings in shares of Residence Depot by 4.6% within the first quarter. Hexagon Capital Companions LLC now owns 3,961 shares of the house enchancment retailer’s inventory valued at $1,186,000 after buying an extra 173 shares within the final quarter. 70.61% of the inventory is owned by institutional traders.

In associated information, EVP Ann Marie Campbell bought 11,293 shares of Residence Depot inventory in a transaction dated Tuesday, Might twenty fourth. The inventory was bought at a median value of $288.03, for a complete worth of $3,252,722.79. Following the completion of the sale, the manager vice chairman now immediately owns 51,175 shares within the firm, valued at $14,739,935.25. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is accessible via this hyperlink. Additionally, EVP Hector A. Padilla bought 136 shares of Residence Depot inventory in a transaction dated Thursday, Might nineteenth. The shares had been bought at a median value of $289.23, for a complete worth of $39,335.28. Following the completion of the sale, the manager vice chairman now owns 11,230 shares of the corporate’s inventory, valued at $3,248,052.90. The disclosure for this sale might be discovered right here. Insiders personal 0.17% of the corporate’s inventory.

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NYSE:HD opened at $286.47 on Friday. The Residence Depot, Inc. has a twelve month low of $264.51 and a twelve month excessive of $420.61. The corporate has a market cap of $294.42 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 1.70 and a beta of 0.98. The inventory has a fifty day easy transferring common of $289.55 and a 200-day easy transferring common of $324.23. The corporate has a present ratio of 1.11, a fast ratio of 0.28 and a debt-to-equity ratio of 35.47.

Residence Depot (NYSE:HD – Get Ranking) final launched its earnings outcomes on Tuesday, Might seventeenth. The house enchancment retailer reported $4.09 earnings per share for the quarter, topping the consensus estimate of $3.67 by $0.42. The enterprise had income of $38.91 billion through the quarter, in comparison with the consensus estimate of $36.78 billion. Residence Depot had a detrimental return on fairness of 21,952.16% and a web margin of 10.83%. The enterprise’s income for the quarter was up 3.8% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the corporate earned $3.86 earnings per share. As a bunch, equities analysis analysts predict that The Residence Depot, Inc. will put up 16.47 EPS for the present fiscal yr.

The corporate additionally not too long ago disclosed a quarterly dividend, which was paid on Thursday, June sixteenth. Traders of document on Thursday, June 2nd had been issued a $1.90 dividend. The ex-dividend date was Wednesday, June 1st. This represents a $7.60 annualized dividend and a dividend yield of two.65%. Residence Depot’s payout ratio is at the moment 48.25%.

A lot of analysis analysts not too long ago weighed in on the inventory. Jefferies Monetary Group reduce their goal value on shares of Residence Depot from $420.00 to $400.00 and set a “purchase” score for the corporate in a report on Wednesday, Might 18th. StockNews.com lowered shares of Residence Depot from a “purchase” score to a “maintain” score in a report on Friday, Might twenty seventh. Truist Monetary reduce their goal value on shares of Residence Depot from $405.00 to $375.00 and set a “na” score for the corporate in a report on Wednesday, Might 18th. Gordon Haskett lowered shares of Residence Depot from a “purchase” score to an “accumulate” score in a report on Friday, Might sixth. Lastly, DA Davidson reduce their goal value on shares of Residence Depot from $354.00 to $330.00 and set a “na” score for the corporate in a report on Wednesday, Might 18th. 5 funding analysts have rated the inventory with a maintain score and sixteen have issued a purchase score to the corporate. Primarily based on knowledge from MarketBeat.com, the corporate presently has a median score of “Average Purchase” and a consensus goal value of $369.82.

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Residence Depot Profile (Get Ranking)

The Residence Depot, Inc operates as a house enchancment retailer. It operates The Residence Depot shops that promote varied constructing supplies, dwelling enchancment merchandise, garden and backyard merchandise, and décor merchandise, in addition to services upkeep, restore, and operations merchandise The corporate additionally presents set up providers for flooring, cupboards and cupboard makeovers, counter tops, furnaces and central air techniques, and home windows.

See Additionally

Need to see what different hedge funds are holding HD? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for The Residence Depot, Inc. (NYSE:HD – Get Ranking).

Institutional Ownership by Quarter for Home Depot (NYSE:HD)



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Louisiana prisons routinely hold inmates past their release date, Justice Department argues

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Louisiana prisons routinely hold inmates past their release date, Justice Department argues


Louisiana’s prison system routinely holds inmates for weeks or months after they were supposed to be released from custody following the completion of their sentences, the U.S. Justice Department said in a lawsuit filed Friday.

The lawsuit against the state comes after a multi-year investigation into a pattern of “systemic overdetention” that violates inmates’ rights and costs taxpayers millions of dollars per year.

Since at least 2012, more than a quarter of the inmates scheduled to be released from Louisiana prisons have been held past their release dates, according to the DOJ.

LOUISIANA LAWMAKERS WEIGHING CONSTITUTIONAL AMENDMENT THAT WOULD SEND MORE JUVENILE OFFENDERS TO ADULT JAILS

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Louisiana’s prisons often hold inmates long after they were supposed to be released following the completion of their sentences, the DOJ says. (AP)

The Justice Department warned Louisiana officials last year that it may file a lawsuit against the state if it failed to fix the problems. Lawyers for the department argue that the state made “marginal efforts” to address the issues, noting that such attempts at a fix were “inadequate” and showed a “deliberate indifference” to the constitutional rights of inmates.

“[T]he right to individual liberty includes the right to be released from incarceration on time after the term set by the court has ended,” Assistant Attorney General Kristen Clarke said in a statement.

“To incarcerate people indefinitely … not only intrudes on individual liberty, but also erodes public confidence in the fair and just application of our laws,” the statement added.

DOJ sign

More than a quarter of the inmates scheduled to be released from Louisiana prisons since at least 2012 have been held past their release dates, the Department of Justice said. (Kevin Dietsch/Getty Images)

Louisiana Gov. Jeff Landry and state Attorney General Liz Murrill, both Republicans, attributed the problem to the “failed criminal justice reforms” pushed by “the past administration.”

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“This past year, we have taken significant action to keep Louisianans safe and ensure those who commit the crime, also do the time,” Landry and Murrill said in a joint statement to The Associated Press. “The State of Louisiana is committed to preserving the constitutional rights of Louisiana citizens.”

BIDEN CONSIDERS COMMUTING THE SENTENCES OF FEDERAL DEATH ROW INMATES: REPORT

Jeff Landry at CPAC Texas

Louisiana Gov. Jeff Landry speaks at CPAC Texas 2022 conference at Hilton Anatole. (Radin/Pacific Press/LightRocket via Getty Images)

The two state officials also purported that the lawsuit is a last-ditch effort by President Biden, who leaves office next month, arguing that President-elect Trump’s incoming administration would not have pursued the case.

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Advocates have repeatedly challenged the conditions in Louisiana’s prison system, which includes Angola, the largest maximum-security prison in the nation, where inmates pick vegetables by hand on an 18,000-acre lot. The site was once the Angola Plantations, a slave plantation owned by Isaac Franklin and named after Angola, the country of origin for many of the enslaved people who worked there.

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The Associated Press contributed to this report.



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Army Black Knights Predicted to Beat Louisiana Tech in Independence Bowl

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Army Black Knights Predicted to Beat Louisiana Tech in Independence Bowl


The Army West Point Black Knights came up short in their last game, as they lost their annual rivalry matchup against the Navy Midshipmen 31-13 to lose the Commander-in-Chief’s Trophy.

But, their season is not yet over, as they will have a chance to finish things on a high note in the Independence Bowl against a new opponent; the Louisiana Tech Bulldogs.

Originally, the Black Knights were supposed to face off against the Marshall Thundering Herd, but a change had to be made after they experienced a mass exodus of players entering the transfer portal following a coaching change.

Based on records, the quality of the opponent would seem to have dropped off considerably. Marshall had 10 victories, while Louisiana Tech had only five.

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But, Adam Rittenberg of ESPN still believes that this will be a competitive game in Shreveport, La. in the Bulldogs’ backyard. Louisiana Tech is in Ruston, La., 70 miles away from Shreveport.

He predicted that Army will sneak away with a 23-16 victory.

he Bulldogs have half the number of wins as the Thundering Herd, but their defense can be very stingy at times, and will need to perform against Bryson Daily and the Black Knights. … Army is undoubtedly still smarting from the Navy loss, and top running back Kanye Udoh entered the portal. Louisiana Tech jumps ahead early behind quarterback Evan Bullock, but Army eventually takes control and grinds out a low-scoring win, its 12th on the season.

Rittenberg pointed out that several of LA Tech’s defensive linemen have entered the transfer portal. Udoh just announced his transfer to Arizona State.

This has already been one of the best seasons in program history, as they reached the 11-win mark only one other time in 2018. But, an argument can be made this is their best season since it won its last national championship because it was not independent.

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The Black Knights were a member of the American Athletic Conference, the first time since 1998-2004 that they weren’t independent as a member of Conference USA. They found a ton of success, going 8-0 in the regular season before defeating the Tulane Green Wave in the AAC Championship Game in West Point, New York.

Army has shown an ability to grind out wins, playing a physical style of football on both sides of the ball. Daily is the leader offensively, producing with his arm and legs at a high level.

He threw for 942 yards with nine touchdowns and only four interceptions, three of which came in the matchup against Navy. On the ground, he led the AAC with 283 carries, 1,532 yards and 29 scores.

His 29 rushing touchdowns were the most in the country, as he won the 2024 AAC Player of the Year Award.

The Black Knights would love to see Daily provide one more memorable performance to help the team reach the 12-win mark for the first time in program history.

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Normal is unremarkable in and of itself: 2024 Inspirit winners are 'doing something bigger'

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Normal is unremarkable in and of itself: 2024 Inspirit winners are 'doing something bigger'


From where I stand, “finding others as weird as oneself” and working on “something that’s bigger than oneself” are two of the primary elements of happiness.

The Inspirit Award winners seem to have found ways to thrive in the work they do that is bigger than themselves.



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