MEMBERS Trust Co purchased a new stake in Home Depot, Inc. (The) (NYSE:HD) during the first quarter, Holdings Channel reports. The firm purchased 5,342 shares of the home improvement retailer’s stock, valued at approximately $784,000. Home Depot, Inc. (The) comprises 0.0% of MEMBERS Trust Co’s investment portfolio, making the stock its 28th largest position.

A number of other institutional investors also recently bought and sold shares of the company. CT Financial Advisors LLC raised its stake in shares of Home Depot, Inc. (The) by 0.4% in the first quarter. CT Financial Advisors LLC now owns 758 shares of the home improvement retailer’s stock worth $111,000 after buying an additional 3 shares in the last quarter. Jackson Grant Investment Advisers Inc. raised its stake in shares of Home Depot, Inc. (The) by 0.4% in the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock worth $241,000 after buying an additional 6 shares in the last quarter. Pineno Levin & Ford Asset Management Inc. raised its stake in shares of Home Depot, Inc. (The) by 0.3% in the first quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock worth $400,000 after buying an additional 9 shares in the last quarter. Piershale Financial Group Inc. raised its stake in shares of Home Depot, Inc. (The) by 0.6% in the first quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock worth $322,000 after buying an additional 13 shares in the last quarter. Finally, LVM Capital Management Ltd. MI raised its stake in shares of Home Depot, Inc. (The) by 1.1% in the first quarter. LVM Capital Management Ltd. MI now owns 2,087 shares of the home improvement retailer’s stock worth $306,000 after buying an additional 23 shares in the last quarter. Institutional investors and hedge funds own 71.52% of the company’s stock.

Home Depot, Inc. (NYSE:HD) traded up 1.05% during mid-day trading on Friday, reaching $155.49. The company’s stock had a trading volume of 1,057,122 shares. The company has a market capitalization of $185.90 billion, a price-to-earnings ratio of 23.27 and a beta of 1.08. Home Depot, Inc. has a one year low of $119.20 and a one year high of $160.86. The stock has a 50-day moving average price of $151.35 and a 200-day moving average price of $149.49.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings data on Tuesday, May 16th. The home improvement retailer reported $1.67 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.06. Home Depot, Inc. (The) had a return on equity of 158.80% and a net margin of 8.53%. The business had revenue of $23.89 billion during the quarter, compared to analyst estimates of $23.74 billion. During the same quarter last year, the business posted $1.44 EPS. The company’s revenue was up 4.9% on a year-over-year basis. Equities research analysts forecast that Home Depot, Inc. will post $7.25 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “MEMBERS Trust Co Purchases Shares of 5,342 Home Depot, Inc. (The) (HD)” was originally reported by Watch List News and is the property of of Watch List News. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://www.watchlistnews.com/members-trust-co-purchases-shares-of-5342-home-depot-inc-the-hd/1475395.html.

A number of brokerages have recently weighed in on HD. Vetr lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price objective on the stock. in a research report on Monday, June 19th. Robert W. Baird set a $175.00 target price on Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, May 17th. BMO Capital Markets set a $176.00 target price on Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, May 17th. 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 research note on Wednesday, May 17th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $175.00 target price (up previously from $154.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday, May 17th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twenty have given a buy rating to the company. Home Depot, Inc. (The) currently has an average rating of “Buy” and a consensus price target of $164.72.

In other news, CEO Craig A. Menear sold 90,661 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $156.79, for a total transaction of $14,214,738.19. Following the sale, the chief executive officer now directly owns 240,090 shares in the company, valued at approximately $37,643,711.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ann Marie Campbell sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $156.56, for a total value of $1,095,920.00. Following the sale, the executive vice president now owns 54,091 shares in the company, valued at $8,468,486.96. The disclosure for this sale can be found here. Insiders have sold a total of 128,900 shares of company stock worth $20,167,386 over the last 90 days. Insiders own 0.26% of the company’s stock.

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.