Investors sold shares of Home Depot Inc (NYSE:HD) on strength during trading on Tuesday. $183.27 million flowed into the stock on the tick-up and $258.12 million flowed out of the stock on the tick-down, for a money net flow of $74.85 million out of the stock. Of all stocks tracked, Home Depot had the 13th highest net out-flow for the day. Home Depot traded up $1.67 for the day and closed at $201.31

Several equities research analysts have recently commented on the stock. Zacks Investment Research raised shares of Home Depot from a “sell” rating to a “hold” rating in a research report on Wednesday, May 16th. Deutsche Bank set a $210.00 target price on shares of Home Depot and gave the stock a “buy” rating in a research report on Tuesday, May 15th. Loop Capital set a $187.00 target price on shares of Home Depot and gave the stock a “hold” rating in a research report on Tuesday, May 15th. Wells Fargo & Co set a $205.00 target price on shares of Home Depot and gave the stock a “buy” rating in a research report on Tuesday, May 15th. Finally, Bank of America reissued a “buy” rating and set a $215.00 target price on shares of Home Depot in a research report on Tuesday, May 15th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $195.95.

The company has a current ratio of 1.17, a quick ratio of 0.37 and a debt-to-equity ratio of 14.37. The company has a market cap of $228.78 billion, a price-to-earnings ratio of 26.99, a PEG ratio of 1.48 and a beta of 1.13.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, May 15th. The home improvement retailer reported $2.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.05 by $0.03. The firm had revenue of $24.95 billion for the quarter, compared to analysts’ expectations of $25.17 billion. Home Depot had a net margin of 8.85% and a return on equity of 399.15%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.67 earnings per share. analysts expect that Home Depot Inc will post 9.45 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 14th. Shareholders of record on Thursday, May 31st will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date is Wednesday, May 30th. Home Depot’s payout ratio is 55.23%.

In related news, EVP Mark Holifield sold 45,549 shares of the company’s stock in a transaction that occurred on Wednesday, May 16th. The shares were sold at an average price of $186.84, for a total transaction of $8,510,375.16. Following the sale, the executive vice president now directly owns 51,879 shares in the company, valued at approximately $9,693,072.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephanie Linnartz purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 1st. The shares were acquired at an average price of $187.57 per share, for a total transaction of $187,570.00. The disclosure for this purchase can be found here. 0.25% of the stock is owned by insiders.

Several hedge funds have recently made changes to their positions in HD. Hugh Johnson Advisors LLC purchased a new stake in shares of Home Depot during the 3rd quarter valued at approximately $486,000. Pegasus Partners Ltd. lifted its stake in shares of Home Depot by 2.8% during the 3rd quarter. Pegasus Partners Ltd. now owns 11,841 shares of the home improvement retailer’s stock valued at $1,937,000 after buying an additional 324 shares in the last quarter. Garrison Bradford & Associates Inc. purchased a new stake in shares of Home Depot during the 3rd quarter valued at approximately $204,000. Achmea Investment Management B.V. lifted its stake in shares of Home Depot by 9.3% during the 3rd quarter. Achmea Investment Management B.V. now owns 130,828 shares of the home improvement retailer’s stock valued at $21,396,000 after buying an additional 11,148 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Home Depot by 7.8% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 95,984 shares of the home improvement retailer’s stock worth $15,699,000 after acquiring an additional 6,973 shares during the period. Institutional investors own 69.23% of the company’s stock.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

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