Decatur Capital Management Inc. decreased its stake in shares of Home Depot, Inc. (The) (NYSE:HD) by 9.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,807 shares of the home improvement retailer’s stock after selling 7,368 shares during the period. Home Depot, Inc. (The) makes up about 2.3% of Decatur Capital Management Inc.’s investment portfolio, making the stock its 9th largest holding. Decatur Capital Management Inc.’s holdings in Home Depot, Inc. (The) were worth $11,015,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of HD. Advisory Services Network LLC bought a new position in Home Depot, Inc. (The) in the first quarter valued at $4,097,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in Home Depot, Inc. (The) by 72.4% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 354,605 shares of the home improvement retailer’s stock valued at $52,067,000 after purchasing an additional 148,932 shares in the last quarter. Geneva Advisors LLC grew its position in Home Depot, Inc. (The) by 2.4% in the first quarter. Geneva Advisors LLC now owns 459,820 shares of the home improvement retailer’s stock valued at $67,515,000 after purchasing an additional 10,875 shares in the last quarter. Usca Ria LLC grew its position in Home Depot, Inc. (The) by 2.3% in the first quarter. Usca Ria LLC now owns 16,036 shares of the home improvement retailer’s stock valued at $2,355,000 after purchasing an additional 354 shares in the last quarter. Finally, Willingdon Wealth Management grew its position in Home Depot, Inc. (The) by 6.7% in the first quarter. Willingdon Wealth Management now owns 12,861 shares of the home improvement retailer’s stock valued at $1,888,000 after purchasing an additional 809 shares in the last quarter. 71.14% of the stock is owned by institutional investors.

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A number of research analysts have recently commented on HD shares. Telsey Advisory Group lifted their price objective on shares of Home Depot, Inc. (The) from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 15th. Royal Bank Of Canada lifted their price objective on shares of Home Depot, Inc. (The) from $183.00 to $186.00 and gave the company an “outperform” rating in a research report on Wednesday, November 15th. UBS AG reissued a “buy” rating and issued a $186.00 price objective (up previously from $175.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, November 15th. BMO Capital Markets set a $176.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, November 15th. Finally, Argus lifted their price objective on shares of Home Depot, Inc. (The) from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $175.66.

In other Home Depot, Inc. (The) news, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the sale, the executive vice president now directly owns 62,483 shares of the company’s stock, valued at approximately $9,816,079.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.26% of the company’s stock.

Shares of Home Depot, Inc. (NYSE HD) opened at $167.74 on Monday. Home Depot, Inc. has a 1-year low of $127.41 and a 1-year high of $168.43. The company has a current ratio of 1.23, a quick ratio of 0.39 and a debt-to-equity ratio of 9.54. The firm has a market cap of $197,734.94, a P/E ratio of 23.30, a price-to-earnings-growth ratio of 1.70 and a beta of 1.08.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Wednesday, November 29th. Home Depot, Inc. (The)’s payout ratio is 49.44%.

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.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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