First Heartland Consultants Inc. lifted its position in shares of Home Depot, Inc. (The) (NYSE:HD) by 12.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,541 shares of the home improvement retailer’s stock after acquiring an additional 515 shares during the period. First Heartland Consultants Inc.’s holdings in Home Depot, Inc. (The) were worth $697,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Jackson Grant Investment Advisers Inc. lifted its stake in Home Depot, Inc. (The) by 0.4% in the 1st quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock valued at $241,000 after purchasing an additional 6 shares during the last quarter. Mascoma Wealth Management LLC lifted its stake in Home Depot, Inc. (The) by 0.6% in the 2nd quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock valued at $175,000 after purchasing an additional 7 shares during the last quarter. Pineno Levin & Ford Asset Management Inc. lifted its stake in Home Depot, Inc. (The) by 0.3% in the 1st quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock valued at $400,000 after purchasing an additional 9 shares during the last quarter. Plancorp LLC lifted its stake in Home Depot, Inc. (The) by 0.3% in the 2nd quarter. Plancorp LLC now owns 6,216 shares of the home improvement retailer’s stock valued at $954,000 after purchasing an additional 21 shares during the last quarter. Finally, Halbert Hargrove Russell LLC lifted its stake in Home Depot, Inc. (The) by 1.9% in the 1st quarter. Halbert Hargrove Russell LLC now owns 1,904 shares of the home improvement retailer’s stock valued at $280,000 after purchasing an additional 35 shares during the last quarter. 71.39% of the stock is owned by institutional investors.

In other Home Depot, Inc. (The) news, EVP Teresa Wynn Roseborough sold 15,000 shares of the business’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $150.39, for a total transaction of $2,255,850.00. Following the transaction, the executive vice president now directly 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 can be accessed through the SEC website. Also, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction 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 transaction, the executive vice president now directly owns 62,483 shares in the company, valued at $9,816,079.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 57,717 shares of company stock worth $8,916,321. Insiders own 0.26% of the company’s stock.

Shares of Home Depot, Inc. (NYSE HD) opened at 165.29 on Thursday. The firm has a market capitalization of $194.85 billion, a PE ratio of 23.79 and a beta of 1.07. Home Depot, Inc. has a 12-month low of $119.20 and a 12-month high of $166.08. The firm has a 50-day moving average of $156.22 and a 200-day moving average of $153.17.

Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings data on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.21 by $0.04. The business had revenue of $28.11 billion for the quarter, compared to the consensus estimate of $27.84 billion. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.97 EPS. Equities analysts anticipate that Home Depot, Inc. will post $7.33 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Shareholders of record on Thursday, August 31st were given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is currently 51.15%.

COPYRIGHT VIOLATION NOTICE: “Home Depot, Inc. (The) (HD) Stake Increased by First Heartland Consultants Inc.” was published by Watch List News and is owned by of Watch List News. If you are viewing this piece on another publication, it was illegally copied and republished in violation of U.S. and international copyright laws. The original version of this piece can be viewed at https://www.watchlistnews.com/home-depot-inc-the-hd-stake-increased-by-first-heartland-consultants-inc/1609009.html.

Several equities analysts recently commented on HD shares. Vetr downgraded shares of Home Depot, Inc. (The) from a “strong-buy” rating to a “buy” rating and set a $164.18 price objective for the company. in a research note on Wednesday, July 26th. Jefferies Group LLC reissued a “buy” rating on shares of Home Depot, Inc. (The) in a research note on Monday, July 24th. Zacks Investment Research raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $169.00 price objective for the company in a research note on Wednesday, July 12th. Oppenheimer Holdings, Inc. reissued a “buy” rating on shares of Home Depot, Inc. (The) in a research note on Thursday, June 22nd. Finally, Longbow Research reissued a “buy” rating and issued a $175.00 price objective on shares of Home Depot, Inc. (The) in a research note on Monday, August 14th. Two analysts have rated the stock with a sell rating, six have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. Home Depot, Inc. (The) has an average rating of “Buy” and an average price target of $172.38.

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.

Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Home Depot, Inc. (The) (NYSE:HD).

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

Receive News & Ratings for Home Depot Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot Inc. (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.