Moody Lynn & Lieberson LLC boosted its stake in Home Depot, Inc. (The) (NYSE:HD) by 1.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,199 shares of the home improvement retailer’s stock after buying an additional 729 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Home Depot, Inc. (The) were worth $5,756,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. DekaBank Deutsche Girozentrale raised its position in shares of Home Depot, Inc. (The) by 32.1% in the first quarter. DekaBank Deutsche Girozentrale now owns 613,204 shares of the home improvement retailer’s stock valued at $90,510,000 after buying an additional 149,177 shares during the period. Bbva Compass Bancshares Inc. raised its position in shares of Home Depot, Inc. (The) by 10.6% in the first quarter. Bbva Compass Bancshares Inc. now owns 32,328 shares of the home improvement retailer’s stock valued at $4,746,000 after buying an additional 3,101 shares during the period. Copeland Capital Management LLC raised its position in shares of Home Depot, Inc. (The) by 12.3% in the first quarter. Copeland Capital Management LLC now owns 78,645 shares of the home improvement retailer’s stock valued at $11,625,000 after buying an additional 8,598 shares during the period. FTB Advisors Inc. raised its position in shares of Home Depot, Inc. (The) by 9.7% in the first quarter. FTB Advisors Inc. now owns 12,446 shares of the home improvement retailer’s stock valued at $1,856,000 after buying an additional 1,101 shares during the period. Finally, First Trust Advisors LP raised its position in shares of Home Depot, Inc. (The) by 18.2% in the first quarter. First Trust Advisors LP now owns 295,246 shares of the home improvement retailer’s stock valued at $43,351,000 after buying an additional 45,364 shares during the period. 71.44% of the stock is currently owned by institutional investors and hedge funds.

Home Depot, Inc. (HD) traded down 0.12% during trading on Tuesday, reaching $150.32. The company had a trading volume of 1,282,281 shares. The stock has a market cap of $177.20 billion, a P/E ratio of 21.64 and a beta of 1.08. The firm has a 50-day moving average price of $150.67 and a 200 day moving average price of $150.48. Home Depot, Inc. has a 12-month low of $119.20 and a 12-month high of $160.86. Home Depot, Inc. (The) also was the target of unusually large options trading activity on Monday. Stock traders bought 24,916 call options on the company. This is an increase of 105% compared to the typical daily volume of 12,141 call options.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $28.11 billion for the quarter, compared to analyst estimates of $27.84 billion. During the same period last year, the firm earned $1.97 earnings per share. Home Depot, Inc. (The)’s revenue for the quarter was up 6.2% compared to the same quarter last year. Equities research analysts predict that Home Depot, Inc. will post $7.32 EPS for the current fiscal year.

The firm also recently declared 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 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Tuesday, August 29th. Home Depot, Inc. (The)’s dividend payout ratio is 51.15%.

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Several research analysts recently weighed in on the company. Vetr raised Home Depot, Inc. (The) from a “buy” rating to a “strong-buy” rating and set a $166.59 target price on the stock in a research report on Monday. Zacks Investment Research raised Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $167.00 target price on the stock in a research report on Thursday, August 24th. BidaskClub lowered Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. UBS AG reaffirmed a “buy” rating and issued a $175.00 target price on shares of Home Depot, Inc. (The) in a research report on Friday, August 18th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $178.00 target price on shares of Home Depot, Inc. (The) in a research report on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $169.77.

In other Home Depot, Inc. (The) news, EVP Ann Marie Campbell sold 10,717 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $152.40, for a total value 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’s stock in a transaction dated 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 directly owns 33,147 shares in the company, valued at $4,984,977.33. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by company insiders.

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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