Two Sigma Securities LLC boosted its stake in Home Depot, Inc. (The) (NYSE:HD) by 641.5% during the first quarter, Holdings Channel reports. The firm owned 22,141 shares of the home improvement retailer’s stock after buying an additional 19,155 shares during the period. Home Depot, Inc. (The) comprises 0.6% of Two Sigma Securities LLC’s investment portfolio, making the stock its 19th largest position. Two Sigma Securities LLC’s holdings in Home Depot, Inc. (The) were worth $3,251,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in shares of Home Depot, Inc. (The) during the fourth quarter valued at approximately $1,502,692,000. Boston Partners purchased a new position in shares of Home Depot, Inc. (The) during the first quarter valued at approximately $326,895,000. Schwab Charles Investment Management Inc. increased its position in shares of Home Depot, Inc. (The) by 43.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 5,731,806 shares of the home improvement retailer’s stock valued at $841,602,000 after buying an additional 1,734,963 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in shares of Home Depot, Inc. (The) during the fourth quarter valued at approximately $139,356,000. Finally, Westwood Holdings Group Inc. increased its position in shares of Home Depot, Inc. (The) by 96.0% in the fourth quarter. Westwood Holdings Group Inc. now owns 1,720,516 shares of the home improvement retailer’s stock valued at $230,687,000 after buying an additional 842,499 shares during the period. Hedge funds and other institutional investors own 71.52% of the company’s stock.

Shares of Home Depot, Inc. (HD) traded up 0.65% during trading on Friday, hitting $154.88. 3,650,541 shares of the stock were exchanged. The firm has a market capitalization of $185.17 billion, a P/E ratio of 23.18 and a beta of 1.08. The firm has a 50 day moving average price of $151.33 and a 200 day moving average price of $149.61. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $160.86.

Home Depot, Inc. (The) (NYSE:HD) last released its earnings results on Tuesday, May 16th. The home improvement retailer reported $1.67 EPS for the quarter, beating the consensus estimate of $1.61 by $0.06. Home Depot, Inc. (The) had a net margin of 8.53% and a return on equity of 158.80%. The firm had revenue of $23.89 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same period last year, the firm earned $1.44 EPS. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. Analysts forecast that Home Depot, Inc. will post $7.25 EPS for the current fiscal year.

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Several research analysts have recently issued reports on the stock. Vetr downgraded shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price objective on the stock. in a report on Monday, June 19th. Barclays PLC restated an “overweight” rating and set a $165.00 price objective (up previously from $150.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, May 17th. Royal Bank Of Canada restated an “outperform” rating and set a $176.00 price objective on shares of Home Depot, Inc. (The) in a report on Friday, June 16th. Citigroup Inc. restated a “buy” rating and set a $179.00 price objective (up previously from $168.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, May 17th. Finally, BTIG Research boosted their price objective on shares of Home Depot, Inc. (The) from $155.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, May 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $164.72.

In other news, EVP William G. Lennie sold 31,239 shares of the firm’s stock in a transaction that occurred on Thursday, May 18th. The shares were sold at an average price of $155.47, for a total value of $4,856,727.33. Following the sale, the executive vice president now directly owns 46,294 shares in the company, valued at approximately $7,197,328.18. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Wayne M. Hewett purchased 350 shares of Home Depot, Inc. (The) stock in a transaction dated Wednesday, May 17th. The stock was bought at an average price of $157.11 per share, for a total transaction of $54,988.50. Following the completion of the purchase, the director now owns 1,400 shares in the company, valued at approximately $219,954. The disclosure for this purchase can be found here. Over the last three months, insiders sold 128,900 shares of company stock worth $20,167,386. Insiders own 0.26% of the company’s stock.

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

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