Kohmann Bosshard Financial Services LLC Buys Shares of 620 Home Depot Inc (NYSE:HD)
Kohmann Bosshard Financial Services LLC bought a new stake in Home Depot Inc (NYSE:HD) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 620 shares of the home improvement retailer’s stock, valued at approximately $129,000.
Other hedge funds also recently bought and sold shares of the company. BKD Wealth Advisors LLC raised its position in shares of Home Depot by 1.0% during the 4th quarter. BKD Wealth Advisors LLC now owns 8,623 shares of the home improvement retailer’s stock valued at $1,482,000 after buying an additional 85 shares in the last quarter. Wealth Architects LLC grew its holdings in Home Depot by 8.7% during the 4th quarter. Wealth Architects LLC now owns 1,214 shares of the home improvement retailer’s stock valued at $209,000 after purchasing an additional 97 shares during the last quarter. Advisors Capital Management LLC bought a new position in Home Depot during the 4th quarter valued at about $889,000. Clarkston Capital Partners LLC grew its holdings in Home Depot by 88.0% during the 4th quarter. Clarkston Capital Partners LLC now owns 3,168 shares of the home improvement retailer’s stock valued at $544,000 after purchasing an additional 1,483 shares during the last quarter. Finally, Bowling Portfolio Management LLC grew its holdings in Home Depot by 284.0% during the 4th quarter. Bowling Portfolio Management LLC now owns 34,128 shares of the home improvement retailer’s stock valued at $5,864,000 after purchasing an additional 25,240 shares during the last quarter. Institutional investors own 69.44% of the company’s stock.
In other news, EVP Matt Carey sold 34,688 shares of the company’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $202.09, for a total value of $7,010,097.92. Following the completion of the sale, the executive vice president now owns 81,982 shares of the company’s stock, valued at approximately $16,567,742.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Carol B. Tome sold 26,334 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $189.17, for a total transaction of $4,981,602.78. Following the completion of the sale, the chief financial officer now directly owns 519,253 shares of the company’s stock, valued at approximately $98,227,090.01. The disclosure for this sale can be found here. Insiders sold a total of 82,522 shares of company stock worth $16,156,831 over the last 90 days. Insiders own 0.27% of the company’s stock.
HD stock traded up $1.81 during mid-day trading on Tuesday, reaching $213.08. The company had a trading volume of 1,976,656 shares, compared to its average volume of 4,208,789. The company has a debt-to-equity ratio of 17.68, a current ratio of 1.04 and a quick ratio of 0.26. The stock has a market cap of $232.46 billion, a P/E ratio of 21.54, a PEG ratio of 1.96 and a beta of 1.12. The business has a 50 day moving average of $208.17. Home Depot Inc has a 12 month low of $158.09 and a 12 month high of $219.30.
Home Depot (NYSE:HD) last issued its earnings results on Tuesday, May 21st. The home improvement retailer reported $2.27 EPS for the quarter, topping the Zacks’ consensus estimate of $2.17 by $0.10. The business had revenue of $26.38 billion for the quarter, compared to the consensus estimate of $26.34 billion. Home Depot had a net margin of 10.24% and a return on equity of 1,441.05%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.08 EPS. Equities analysts anticipate that Home Depot Inc will post 10.17 EPS for the current fiscal year.
About Home Depot
The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.
Featured Story: Intrinsic Value and Stock Selection
Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.