Home Depot, Inc. (The) (NYSE:HD) was the target of some unusual options trading activity on Monday. Investors acquired 24,916 call options on the company. This is an increase of approximately 105% compared to the average daily volume of 12,141 call options.

Several equities research analysts recently issued reports on the stock. Atlantic Securities cut shares of Home Depot, Inc. (The) from an “overweight” rating to a “neutral” rating and set a $168.00 target price on the stock. in a report on Thursday, May 11th. Stifel Nicolaus restated a “buy” rating and issued a $178.00 target price (up previously from $165.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, May 17th. Oppenheimer Holdings, Inc. set a $178.00 target price on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Tuesday, May 16th. UBS AG restated a “buy” rating and issued a $175.00 target price (up previously from $173.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, May 17th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $152.00 target price on shares of Home Depot, Inc. (The) in a report on Wednesday, July 12th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $169.82.

In other Home Depot, Inc. (The) news, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 33,147 shares of the company’s stock, valued at $4,984,977.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ann Marie Campbell sold 10,717 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $152.40, for a total transaction of $1,633,270.80. Following the transaction, the executive vice president now directly owns 64,810 shares of the company’s stock, valued at approximately $9,877,044. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in HD. Osborn Williams & Donohoe LLC boosted its stake in Home Depot, Inc. (The) by 6.5% in the first quarter. Osborn Williams & Donohoe LLC now owns 23,161 shares of the home improvement retailer’s stock valued at $3,401,000 after buying an additional 1,420 shares during the last quarter. CHURCHILL MANAGEMENT Corp boosted its stake in Home Depot, Inc. (The) by 280.2% in the first quarter. CHURCHILL MANAGEMENT Corp now owns 189,271 shares of the home improvement retailer’s stock valued at $27,791,000 after buying an additional 139,492 shares during the last quarter. Acropolis Investment Management LLC boosted its stake in Home Depot, Inc. (The) by 14.6% in the first quarter. Acropolis Investment Management LLC now owns 7,866 shares of the home improvement retailer’s stock valued at $1,155,000 after buying an additional 1,000 shares during the last quarter. Confluence Investment Management LLC boosted its stake in Home Depot, Inc. (The) by 5.1% in the first quarter. Confluence Investment Management LLC now owns 116,854 shares of the home improvement retailer’s stock valued at $17,158,000 after buying an additional 5,636 shares during the last quarter. Finally, Fulton Bank N.A. boosted its stake in Home Depot, Inc. (The) by 2.8% in the first quarter. Fulton Bank N.A. now owns 23,126 shares of the home improvement retailer’s stock valued at $3,396,000 after buying an additional 626 shares during the last quarter. Hedge funds and other institutional investors own 71.44% of the company’s stock.

Home Depot, Inc. (HD) opened at 150.78 on Friday. Home Depot, Inc. has a 1-year low of $119.20 and a 1-year high of $160.86. The stock has a market capitalization of $177.74 billion, a PE ratio of 21.70 and a beta of 1.08. The company’s 50 day moving average is $150.45 and its 200-day moving average is $150.90.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings data on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The firm had revenue of $28.11 billion during the quarter, compared to analysts’ expectations of $27.84 billion. During the same period last year, the business earned $1.97 earnings per share. Home Depot, Inc. (The)’s revenue was up 6.2% compared to the same quarter last year. Analysts forecast that Home Depot, Inc. will post $7.32 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Thursday, August 31st will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend is Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is currently 51.15%.

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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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