Mycio Wealth Partners LLC continued to hold its stake in Home Depot, Inc. (The) (NYSE:HD) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,971 shares of the home improvement retailer’s stock at the end of the second quarter. Mycio Wealth Partners LLC’s holdings in Home Depot were worth $1,464,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Adell Harriman & Carpenter Inc. lifted its position in shares of Home Depot by 8.0% during the 1st quarter. Adell Harriman & Carpenter Inc. now owns 52,660 shares of the home improvement retailer’s stock worth $7,732,000 after buying an additional 3,900 shares during the last quarter. ING Groep NV raised its position in Home Depot by 47.0% in the first quarter. ING Groep NV now owns 291,115 shares of the home improvement retailer’s stock valued at $42,744,000 after purchasing an additional 93,107 shares during the last quarter. State Treasurer State of Michigan raised its position in Home Depot by 8.7% in the first quarter. State Treasurer State of Michigan now owns 1,470,028 shares of the home improvement retailer’s stock valued at $215,844,000 after purchasing an additional 117,400 shares during the last quarter. Grimes & Company Inc. raised its position in Home Depot by 40.3% in the first quarter. Grimes & Company Inc. now owns 7,106 shares of the home improvement retailer’s stock valued at $1,043,000 after purchasing an additional 2,041 shares during the last quarter. Finally, Eqis Capital Management Inc. raised its position in Home Depot by 4.3% in the first quarter. Eqis Capital Management Inc. now owns 8,609 shares of the home improvement retailer’s stock valued at $1,264,000 after purchasing an additional 355 shares during the last quarter. 71.14% of the stock is currently owned by institutional investors.

HD has been the subject of several research reports. Zacks Investment Research downgraded Home Depot from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Robert W. Baird set a $175.00 target price on Home Depot and gave the company a “buy” rating in a research report on Sunday, September 10th. Royal Bank Of Canada set a $179.00 target price on Home Depot and gave the company a “buy” rating in a research report on Monday, October 30th. Credit Suisse Group set a $171.00 target price on Home Depot and gave the company a “buy” rating in a research report on Friday, October 13th. Finally, Bank of America Corporation raised their price objective on Home Depot from $170.00 to $190.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Home Depot presently has a consensus rating of “Buy” and an average price target of $175.66.

In related news, EVP Matt Carey sold 32,000 shares of Home Depot stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the sale, the executive vice president now directly owns 62,483 shares in the company, valued at $9,816,079.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.26% of the stock is owned by insiders.

Shares of Home Depot, Inc. (NYSE HD) opened at $172.33 on Friday. The company has a market capitalization of $201,238.19, a P/E ratio of 23.93, a price-to-earnings-growth ratio of 1.75 and a beta of 1.08. The company has a quick ratio of 0.39, a current ratio of 1.23 and a debt-to-equity ratio of 9.54. Home Depot, Inc. has a one year low of $128.68 and a one year high of $173.10.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.81 by $0.03. The company had revenue of $25.03 billion for the quarter, compared to analysts’ expectations of $24.53 billion. Home Depot had a return on equity of 238.88% and a net margin of 8.66%. Home Depot’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.60 earnings per share. equities research analysts expect that Home Depot, Inc. will post 7.37 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be given a dividend of $0.89 per share. The ex-dividend date is Wednesday, November 29th. This represents a $3.56 annualized dividend and a dividend yield of 2.07%. Home Depot’s payout ratio is 49.44%.

COPYRIGHT VIOLATION WARNING: “Mycio Wealth Partners LLC Has $1,464,000 Holdings in Home Depot, Inc. (The) (HD)” was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this piece can be read at https://www.watchlistnews.com/mycio-wealth-partners-llc-has-1464000-holdings-in-home-depot-inc-the-hd/1727351.html.

About Home Depot

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 (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.