Baldwin Brothers Inc. MA Has $208,000 Stake in Home Depot, Inc. (The) (HD)
Baldwin Brothers Inc. MA held its position in Home Depot, Inc. (The) (NYSE:HD) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,354 shares of the home improvement retailer’s stock at the close of the second quarter. Baldwin Brothers Inc. MA’s holdings in Home Depot, Inc. (The) were worth $208,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. First United Bank Trust acquired a new stake in Home Depot, Inc. (The) in the second quarter valued at about $206,000. Integrated Investment Consultants LLC raised its stake in Home Depot, Inc. (The) by 65.8% during the second quarter. Integrated Investment Consultants LLC now owns 2,382 shares of the home improvement retailer’s stock worth $365,000 after acquiring an additional 945 shares in the last quarter. Stonehearth Capital Management LLC acquired a new position in Home Depot, Inc. (The) during the second quarter worth about $207,000. National Pension Service raised its stake in Home Depot, Inc. (The) by 10.9% during the second quarter. National Pension Service now owns 949,199 shares of the home improvement retailer’s stock worth $144,430,000 after acquiring an additional 92,935 shares in the last quarter. Finally, Sanders Morris Harris LLC raised its stake in Home Depot, Inc. (The) by 1.4% during the second quarter. Sanders Morris Harris LLC now owns 5,209 shares of the home improvement retailer’s stock worth $798,000 after acquiring an additional 74 shares in the last quarter. 71.39% of the stock is owned by institutional investors.
A number of research analysts recently issued reports on HD shares. Gordon Haskett started coverage on shares of Home Depot, Inc. (The) in a report on Tuesday. They issued a “buy” rating and a $189.00 price objective for the company. Piper Jaffray Companies reaffirmed a “hold” rating and set a $164.00 target price on shares of Home Depot, Inc. (The) in a research report on Sunday. Zacks Investment Research downgraded Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. Robert W. Baird set a $175.00 target price on Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Sunday, September 10th. Finally, Vetr cut Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price target for the company. in a research note on Monday, June 19th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. Home Depot, Inc. (The) has an average rating of “Buy” and a consensus price target of $172.38.
In other Home Depot, Inc. (The) news, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. (The) stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $150.39, for a total transaction of $2,255,850.00. Following the completion of the sale, the executive vice president now owns 33,147 shares of the company’s stock, valued at approximately $4,984,977.33. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction dated Thursday, September 7th. The shares were 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 approximately $9,816,079.30. The disclosure for this sale can be found here. In the last ninety days, insiders sold 57,717 shares of company stock worth $8,916,321. Insiders own 0.26% of the company’s stock.
Home Depot, Inc. (NYSE:HD) traded up 0.46% on Tuesday, reaching $164.77. The company’s stock had a trading volume of 1,487,230 shares. The company has a market capitalization of $194.23 billion, a PE ratio of 23.71 and a beta of 1.07. Home Depot, Inc. has a one year low of $119.20 and a one year high of $165.15. The firm has a 50-day moving average of $155.47 and a 200-day moving average of $152.97.
Home Depot, Inc. (The) (NYSE:HD) last posted its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.04. The company had revenue of $28.11 billion for the quarter, compared to analyst estimates of $27.84 billion. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.97 earnings per share. Analysts predict that Home Depot, Inc. will post $7.33 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 14th. Stockholders of record on Thursday, August 31st were issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date was Tuesday, August 29th. Home Depot, Inc. (The)’s dividend payout ratio is currently 51.15%.
Home Depot, Inc. (The) 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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