The Home Depot, Inc. (NYSE:HD) Shares Sold by Advisor OS LLC

Advisor OS LLC trimmed its position in shares of The Home Depot, Inc. (NYSE:HDGet Rating) by 16.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,749 shares of the home improvement retailer’s stock after selling 1,147 shares during the period. Advisor OS LLC’s holdings in Home Depot were worth $1,586,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in HD. First Personal Financial Services grew its holdings in Home Depot by 81.1% during the 3rd quarter. First Personal Financial Services now owns 96 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 43 shares in the last quarter. Fairfield Bush & CO. acquired a new position in Home Depot during the 1st quarter worth $27,000. Grayhawk Investment Strategies Inc. acquired a new position in Home Depot during the 2nd quarter worth $28,000. Mizuho Securities Co. Ltd. grew its holdings in Home Depot by 119.5% during the 2nd quarter. Mizuho Securities Co. Ltd. now owns 90 shares of the home improvement retailer’s stock worth $37,000 after acquiring an additional 49 shares in the last quarter. Finally, Klaas Financial Asset Advisors LLC acquired a new position in Home Depot during the 3rd quarter worth $41,000. 68.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HD has been the subject of several recent analyst reports. Wedbush decreased their price objective on shares of Home Depot to $280.00 in a report on Wednesday, November 16th. Credit Suisse Group began coverage on shares of Home Depot in a report on Tuesday, December 20th. They set a “neutral” rating and a $335.00 price objective for the company. Jefferies Financial Group lifted their price target on shares of Home Depot from $392.00 to $394.00 and gave the company a “buy” rating in a report on Monday, October 3rd. Cowen lifted their price target on shares of Home Depot from $350.00 to $379.00 and gave the company an “outperform” rating in a report on Tuesday, December 13th. Finally, Cowen lifted their price target on shares of Home Depot from $350.00 to $379.00 and gave the company an “outperform” rating in a report on Tuesday, December 13th. Nine research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and an average target price of $341.24.

Home Depot Stock Up 0.2 %

HD stock opened at $315.48 on Tuesday. The Home Depot, Inc. has a 52 week low of $264.51 and a 52 week high of $374.67. The company has a market capitalization of $322.97 billion, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 1.68 and a beta of 0.95. The firm’s 50-day moving average is $320.75 and its two-hundred day moving average is $302.70. The company has a current ratio of 1.39, a quick ratio of 0.33 and a debt-to-equity ratio of 32.16.

Home Depot (NYSE:HDGet Rating) last released its quarterly earnings results on Tuesday, November 15th. The home improvement retailer reported $4.24 EPS for the quarter, topping analysts’ consensus estimates of $4.11 by $0.13. Home Depot had a net margin of 10.87% and a negative return on equity of 3,656.69%. The company had revenue of $38.87 billion for the quarter, compared to the consensus estimate of $37.96 billion. During the same period in the previous year, the firm earned $3.92 EPS. Home Depot’s revenue was up 5.6% on a year-over-year basis. On average, analysts forecast that The Home Depot, Inc. will post 16.64 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 15th. Shareholders of record on Thursday, December 1st were given a dividend of $1.90 per share. The ex-dividend date of this dividend was Wednesday, November 30th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 2.41%. Home Depot’s dividend payout ratio (DPR) is 45.81%.

Insiders Place Their Bets

In other Home Depot news, Director Paula Santilli bought 1,583 shares of the company’s stock in a transaction that occurred on Wednesday, November 16th. The shares were acquired at an average cost of $315.80 per share, for a total transaction of $499,911.40. Following the acquisition, the director now directly owns 1,583 shares of the company’s stock, valued at $499,911.40. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, EVP Fahim Siddiqui sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, November 17th. The shares were sold at an average price of $311.29, for a total value of $622,580.00. Following the sale, the executive vice president now directly owns 3,928 shares in the company, valued at approximately $1,222,747.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paula Santilli bought 1,583 shares of the company’s stock in a transaction that occurred on Wednesday, November 16th. The stock was acquired at an average price of $315.80 per share, for a total transaction of $499,911.40. Following the completion of the acquisition, the director now directly owns 1,583 shares in the company, valued at $499,911.40. The disclosure for this purchase can be found here. 0.17% of the stock is owned by insiders.

About Home Depot

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The Home Depot, Inc engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products and decor products. The firm operates through the following geographical segments: U.S., Canada and Mexico. It offers home improvement installation services, and tool and equipment rental.

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

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