Achmea Investment Management B.V. purchased a new stake in shares of Home Depot Inc (NYSE:HD) during the first quarter, Holdings Channel reports. The fund purchased 79,597 shares of the home improvement retailer’s stock, valued at approximately $11,688,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of HD. CT Financial Advisors LLC increased its stake in shares of Home Depot by 0.4% in the first quarter. CT Financial Advisors LLC now owns 758 shares of the home improvement retailer’s stock valued at $111,000 after buying an additional 3 shares during the period. Jackson Grant Investment Advisers Inc. increased its stake in shares of Home Depot by 0.4% in the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock valued at $241,000 after buying an additional 6 shares during the period. Pineno Levin & Ford Asset Management Inc. increased its stake in shares of Home Depot by 0.3% in the first quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock valued at $400,000 after buying an additional 9 shares during the period. Piershale Financial Group Inc. increased its stake in shares of Home Depot by 0.6% in the first quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock valued at $322,000 after buying an additional 13 shares during the period. Finally, LVM Capital Management Ltd. MI increased its stake in shares of Home Depot by 1.1% in the first quarter. LVM Capital Management Ltd. MI now owns 2,087 shares of the home improvement retailer’s stock valued at $306,000 after buying an additional 23 shares during the period. 71.27% of the stock is currently owned by institutional investors.

Home Depot Inc (NYSE HD) traded down 2.63% during midday trading on Tuesday, reaching $150.20. 6,071,344 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $151.41 and a 200 day moving average price of $149.89. The company has a market cap of $179.57 billion, a price-to-earnings ratio of 22.47 and a beta of 1.08. Home Depot Inc has a 52 week low of $119.20 and a 52 week high of $160.86. Home Depot also saw some unusual options trading activity on Monday. Investors bought 31,506 put options on the company. This is an increase of approximately 331% compared to the average daily volume of 7,312 put options.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.04. Home Depot had a net margin of 8.43% and a return on equity of 194.77%. The company had revenue of $28.11 billion during the quarter, compared to the consensus estimate of $27.84 billion. During the same quarter last year, the firm posted $1.97 EPS. The company’s quarterly revenue was up 6.2% on a year-over-year basis. Analysts anticipate that Home Depot Inc will post $7.25 EPS for the current year.

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HD has been the topic of several recent analyst reports. Vetr downgraded shares of Home Depot from a “buy” rating to a “hold” rating and set a $164.09 target price on the stock. in a research note on Monday, June 19th. Barclays PLC reissued an “overweight” rating and set a $165.00 target price (up from $150.00) on shares of Home Depot in a research note on Wednesday, May 17th. Royal Bank Of Canada reissued an “outperform” rating and set a $176.00 target price on shares of Home Depot in a research note on Friday, June 16th. Citigroup Inc. restated a “buy” rating and set a $179.00 price target (up from $168.00) on shares of Home Depot in a report on Wednesday, May 17th. Finally, BTIG Research boosted their price target on shares of Home Depot from $155.00 to $175.00 and gave the company a “buy” rating in a report on Friday, May 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $165.43.

In other news, EVP Ann Marie Campbell sold 7,000 shares of Home Depot stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $156.56, for a total value of $1,095,920.00. Following the completion of the transaction, the executive vice president now owns 54,091 shares of the company’s stock, valued at approximately $8,468,486.96. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Craig A. Menear sold 90,661 shares of Home Depot stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $156.79, for a total transaction of $14,214,738.19. Following the completion of the transaction, the chief executive officer now directly owns 240,090 shares of the company’s stock, valued at approximately $37,643,711.10. The disclosure for this sale can be found here. In the last three months, insiders sold 128,900 shares of company stock valued at $20,167,386. Insiders own 0.26% of the company’s stock.

Home Depot Company Profile

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

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

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