Monroe Bank & Trust MI increased its holdings in The Home Depot (NYSE:HD) by 19.6% during the fourth quarter, HoldingsChannel reports. The firm owned 1,779 shares of the home improvement retailer’s stock after acquiring an additional 292 shares during the quarter. Monroe Bank & Trust MI’s holdings in The Home Depot were worth $239,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Schaper Benz & Wise Investment Counsel Inc. WI raised its holdings in shares of The Home Depot by 4.1% during the 3rd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 76,536 shares of the home improvement retailer’s stock worth $12,518,000 after acquiring an additional 3,025 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of The Home Depot by 0.4% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 328,353 shares of the home improvement retailer’s stock worth $53,705,000 after acquiring an additional 1,161 shares in the last quarter. Fiduciary Trust Co. raised its holdings in shares of The Home Depot by 0.6% during the 3rd quarter. Fiduciary Trust Co. now owns 288,600 shares of the home improvement retailer’s stock worth $47,203,000 after acquiring an additional 1,600 shares in the last quarter. Access Financial Services Inc. purchased a new stake in shares of The Home Depot during the 3rd quarter worth approximately $204,000. Finally, IPG Investment Advisors LLC raised its holdings in shares of The Home Depot by 146.4% during the 3rd quarter. IPG Investment Advisors LLC now owns 6,395 shares of the home improvement retailer’s stock worth $1,046,000 after acquiring an additional 3,800 shares in the last quarter. 70.73% of the stock is currently owned by institutional investors.

In other news, CEO Craig A. Menear sold 113,687 shares of the stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $183.79, for a total transaction of $20,894,533.73. Following the transaction, the chief executive officer now owns 237,957 shares of the company’s stock, valued at approximately $43,734,117.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Gregory D. Brenneman purchased 16,827 shares of the company’s stock in a transaction dated Wednesday, March 21st. The shares were purchased at an average cost of $178.29 per share, for a total transaction of $3,000,085.83. Following the transaction, the director now directly owns 46,332 shares in the company, valued at approximately $8,260,532.28. The disclosure for this purchase can be found here. Insiders sold a total of 214,576 shares of company stock worth $39,731,257 in the last ninety days. 0.25% of the stock is currently owned by corporate insiders.

Shares of The Home Depot stock opened at $185.33 on Friday. The firm has a market capitalization of $217.65 billion, a price-to-earnings ratio of 23.71, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14. The company has a debt-to-equity ratio of 14.37, a quick ratio of 0.38 and a current ratio of 1.17. The Home Depot has a 52 week low of $186.51 and a 52 week high of $189.07.

The Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, May 15th. The home improvement retailer reported $2.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.05 by $0.03. The company had revenue of $24.95 billion for the quarter, compared to the consensus estimate of $25.17 billion. The Home Depot had a return on equity of 399.15% and a net margin of 8.85%. The Home Depot’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.67 EPS. equities analysts expect that The Home Depot will post 9.41 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 14th. Shareholders of record on Thursday, May 31st will be given a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.22%. The Home Depot’s dividend payout ratio (DPR) is presently 55.23%.

Several analysts have recently issued reports on the company. Credit Suisse Group upped their price objective on The Home Depot from $183.00 to $222.00 and gave the stock an “outperform” rating in a report on Wednesday, January 24th. Stifel Nicolaus upped their price objective on The Home Depot from $209.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $220.00 price objective (up from $190.00) on shares of The Home Depot in a report on Friday, January 19th. Jefferies Group reaffirmed a “buy” rating and set a $223.00 price objective on shares of The Home Depot in a report on Monday, February 5th. Finally, Bank of America reaffirmed a “buy” rating and set a $215.00 price objective on shares of The Home Depot in a report on Tuesday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the stock. The Home Depot has an average rating of “Buy” and an average target price of $195.95.

About The Home Depot

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Institutional Ownership by Quarter for The Home Depot (NYSE:HD)

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