Van Cleef Asset Management Inc trimmed its position in Home Depot, Inc. (The) (NYSE:HD) by 0.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,414 shares of the home improvement retailer’s stock after selling 75 shares during the period. Home Depot, Inc. (The) makes up approximately 1.2% of Van Cleef Asset Management Inc’s investment portfolio, making the stock its 25th largest holding. Van Cleef Asset Management Inc’s holdings in Home Depot, Inc. (The) were worth $4,052,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. IFP Advisors Inc increased its position in shares of Home Depot, Inc. (The) by 3.0% in the second quarter. IFP Advisors Inc now owns 73,631 shares of the home improvement retailer’s stock valued at $11,295,000 after acquiring an additional 2,133 shares during the last quarter. Smithfield Trust Co. increased its position in shares of Home Depot, Inc. (The) by 0.3% in the second quarter. Smithfield Trust Co. now owns 8,387 shares of the home improvement retailer’s stock valued at $1,287,000 after acquiring an additional 25 shares during the last quarter. Quantitative Systematic Strategies LLC increased its position in shares of Home Depot, Inc. (The) by 12.2% in the second quarter. Quantitative Systematic Strategies LLC now owns 19,718 shares of the home improvement retailer’s stock valued at $3,001,000 after acquiring an additional 2,139 shares during the last quarter. BP PLC increased its position in shares of Home Depot, Inc. (The) by 16.2% in the second quarter. BP PLC now owns 179,000 shares of the home improvement retailer’s stock valued at $27,459,000 after acquiring an additional 25,000 shares during the last quarter. Finally, Karp Capital Management Corp acquired a new stake in shares of Home Depot, Inc. (The) in the first quarter valued at about $99,739,000. Institutional investors own 71.36% of the company’s stock.

Shares of Home Depot, Inc. (HD) opened at $167.50 on Friday. The company has a debt-to-equity ratio of 9.54, a current ratio of 1.23 and a quick ratio of 0.48. The stock has a market capitalization of $195,059.02, a P/E ratio of 22.98, a P/E/G ratio of 1.68 and a beta of 1.08. Home Depot, Inc. has a 12 month low of $125.70 and a 12 month high of $168.14.

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

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 2.13%. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is currently 49.44%.

In other Home Depot, Inc. (The) news, EVP Matt Carey sold 32,000 shares of the company’s 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 completion of the sale, the executive vice president now directly owns 62,483 shares in the company, valued at $9,816,079.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the company’s stock in a transaction on Monday, August 21st. The stock was sold at an average price of $150.39, for a total value of $2,255,850.00. Following the sale, the executive vice president now owns 33,147 shares of the company’s stock, valued at $4,984,977.33. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

A number of analysts recently issued reports on HD shares. Argus lifted their target price on Home Depot, Inc. (The) from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Wednesday. Zacks Investment Research downgraded Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Oppenheimer Holdings, Inc. set a $178.00 target price on Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Tuesday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $182.00 target price on shares of Home Depot, Inc. (The) in a research report on Thursday, August 10th. Finally, SunTrust Banks, Inc. lifted their target price on Home Depot, Inc. (The) to $167.00 and gave the company a “hold” rating in a research report on Wednesday. Two equities 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 given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $175.66.

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Home Depot, Inc. (The) 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.

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

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