Essex Financial Services Inc. lifted its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 2.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,330 shares of the home improvement retailer’s stock after purchasing an additional 894 shares during the period. Home Depot, Inc. (The) accounts for 1.1% of Essex Financial Services Inc.’s holdings, making the stock its 23rd biggest holding. Essex Financial Services Inc.’s holdings in Home Depot, Inc. (The) were worth $5,113,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of HD. American Beacon Advisors Inc. bought a new position in Home Depot, Inc. (The) during the first quarter worth $100,000. Riggs Asset Managment Co. Inc. raised its stake in Home Depot, Inc. (The) by 114.1% during the first quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock worth $109,000 after buying an additional 397 shares during the last quarter. St. Johns Investment Management Company LLC raised its stake in 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 buying an additional 495 shares during the last quarter. Mascoma Wealth Management LLC raised its stake in 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 buying an additional 7 shares during the last quarter. Finally, Thompson Davis & CO. Inc. raised its stake in Home Depot, Inc. (The) by 32.2% during the first quarter. Thompson Davis & CO. Inc. now owns 1,338 shares of the home improvement retailer’s stock worth $196,000 after buying an additional 326 shares during the last quarter. Institutional investors own 71.14% of the company’s stock.

In other Home Depot, Inc. (The) news, 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 transaction, the executive vice president now directly owns 62,483 shares in the company, valued at $9,816,079.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.26% of the stock is owned by insiders.

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A number of brokerages recently weighed in on HD. Telsey Advisory Group lifted their target price on shares of Home Depot, Inc. (The) from $175.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 15th. Royal Bank Of Canada lifted their target price on shares of Home Depot, Inc. (The) from $183.00 to $186.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 15th. UBS AG reissued a “buy” rating and set a $186.00 target price (up previously from $175.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday, November 15th. BMO Capital Markets set a $176.00 target price on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Finally, Argus lifted their price target on shares of Home Depot, Inc. (The) from $180.00 to $190.00 and gave the company a “buy” rating in a research note 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 issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $175.66.

Home Depot, Inc. (NYSE:HD) opened at $172.86 on Wednesday. Home Depot, Inc. has a twelve month low of $128.38 and a twelve month high of $172.86. The firm has a market cap of $200,941.33, a PE ratio of 23.67, a P/E/G ratio of 1.73 and a beta of 1.08. The company has a current ratio of 1.23, a quick ratio of 0.39 and a debt-to-equity ratio of 9.54.

Home Depot, Inc. (The) (NYSE:HD) last released its earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share 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 analysts’ expectations of $24.53 billion. Home Depot, Inc. (The) had a net margin of 8.66% and a return on equity of 238.88%. The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.60 earnings per share. analysts predict that Home Depot, Inc. will post 7.37 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date 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.

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

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