Andra AP fonden boosted its position in Home Depot, Inc. (The) (NYSE:HD) by 1.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 106,299 shares of the home improvement retailer’s stock after purchasing an additional 1,499 shares during the quarter. Andra AP fonden’s holdings in Home Depot, Inc. (The) were worth $16,306,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. American Beacon Advisors Inc. bought a new position in Home Depot, Inc. (The) in the first quarter worth about $100,000. St. Johns Investment Management Company LLC grew its stake in shares of Home Depot, Inc. (The) by 81.8% during the second quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock worth $169,000 after acquiring an additional 495 shares during the last quarter. Mascoma Wealth Management LLC grew its stake in shares of Home Depot, Inc. (The) by 0.6% during the second quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock worth $175,000 after acquiring an additional 7 shares during the last quarter. Ruggie Capital Group grew its stake in shares of Home Depot, Inc. (The) by 12.2% during the second quarter. Ruggie Capital Group now owns 1,299 shares of the home improvement retailer’s stock worth $199,000 after acquiring an additional 141 shares during the last quarter. Finally, Well Done LLC purchased a new stake in shares of Home Depot, Inc. (The) during the second quarter worth about $201,000. Institutional investors and hedge funds own 71.14% of the company’s stock.

Shares of Home Depot, Inc. (NYSE:HD) opened at $172.33 on Friday. The company has a market capitalization of $200,922.89, a P/E ratio of 23.90, a P/E/G ratio of 1.75 and a beta of 1.08. Home Depot, Inc. has a 52-week low of $128.68 and a 52-week high of $173.10. The company has a debt-to-equity ratio of 9.54, a current ratio of 1.23 and a quick ratio of 0.39.

Home Depot, Inc. (The) (NYSE:HD) last issued its earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 EPS for the quarter, beating the Zacks’ consensus estimate of $1.81 by $0.03. The firm had revenue of $25.03 billion for the quarter, compared to analyst estimates of $24.53 billion. Home Depot, Inc. (The) had a return on equity of 238.88% and a net margin of 8.66%. Home Depot, Inc. (The)’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.60 earnings per share. equities analysts expect that Home Depot, Inc. will post 7.37 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be given a $0.89 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $3.56 dividend on an annualized basis and a yield of 2.07%. Home Depot, Inc. (The)’s dividend payout ratio is currently 49.44%.

In related news, EVP Matt Carey sold 32,000 shares of the company’s stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $157.10, for a total value of $5,027,200.00. Following the sale, the executive vice president now owns 62,483 shares in the company, valued at $9,816,079.30. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.26% of the stock is owned by corporate insiders.

A number of equities research analysts have recently weighed in on HD shares. Zacks Investment Research lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Robert W. Baird set a $175.00 price target on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Sunday, September 10th. Royal Bank Of Canada set a $179.00 price target on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Monday, October 30th. Credit Suisse Group set a $171.00 price target on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Friday, October 13th. Finally, Bank of America Corporation boosted their price target on Home Depot, Inc. (The) from $170.00 to $190.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $175.66.

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About Home Depot, Inc. (The)

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, Inc. (The) (NYSE:HD)

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