Weiss Multi Strategy Advisers LLC decreased its stake in Home Depot, Inc. (The) (NYSE:HD) by 40.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,580 shares of the home improvement retailer’s stock after selling 54,494 shares during the period. Weiss Multi Strategy Advisers LLC’s holdings in Home Depot, Inc. (The) were worth $11,978,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. CT Financial Advisors LLC increased its position in shares of Home Depot, Inc. (The) by 0.4% in the first quarter. CT Financial Advisors LLC now owns 758 shares of the home improvement retailer’s stock valued at $111,000 after buying an additional 3 shares during the last quarter. Jackson Grant Investment Advisers Inc. increased its position in shares of Home Depot, Inc. (The) by 0.4% in the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock valued at $241,000 after buying an additional 6 shares during the last quarter. Pineno Levin & Ford Asset Management Inc. increased its position in shares of Home Depot, Inc. (The) by 0.3% in the first quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock valued at $400,000 after buying an additional 9 shares during the last quarter. Piershale Financial Group Inc. increased its position in shares of Home Depot, Inc. (The) by 0.6% in the first quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock valued at $322,000 after buying an additional 13 shares during the last quarter. Finally, LVM Capital Management Ltd. MI increased its position in shares of Home Depot, Inc. (The) by 1.1% in the first quarter. LVM Capital Management Ltd. MI now owns 2,087 shares of the home improvement retailer’s stock valued at $306,000 after buying an additional 23 shares during the last quarter. 71.52% of the stock is owned by hedge funds and other institutional investors.

Home Depot, Inc. (NYSE:HD) traded up 0.65% during trading on Friday, hitting $154.88. The company’s stock had a trading volume of 3,650,541 shares. The firm has a 50 day moving average of $151.33 and a 200 day moving average of $149.61. The firm has a market cap of $185.17 billion, a P/E ratio of 23.18 and a beta of 1.08. Home Depot, Inc. has a 12 month low of $119.20 and a 12 month high of $160.86.

Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings data on Tuesday, May 16th. The home improvement retailer reported $1.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.61 by $0.06. The firm had revenue of $23.89 billion for the quarter, compared to analyst estimates of $23.74 billion. Home Depot, Inc. (The) had a return on equity of 158.80% and a net margin of 8.53%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $1.44 EPS. Equities research analysts predict that Home Depot, Inc. will post $7.25 earnings per share for the current year.

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Several brokerages have commented on HD. Atlantic Securities downgraded Home Depot, Inc. (The) from an “overweight” rating to a “neutral” rating and set a $168.00 target price for the company. in a research note on Thursday, May 11th. Stifel Nicolaus reissued a “buy” rating and set a $178.00 target price (up previously from $165.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday, May 17th. Oppenheimer Holdings, Inc. set a $178.00 target price on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Tuesday, May 16th. UBS AG reissued a “buy” rating and set a $175.00 target price (up previously from $173.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday, May 17th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $152.00 target price on shares of Home Depot, Inc. (The) in a research note on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $164.72.

In related news, CEO Craig A. Menear sold 90,661 shares of Home Depot, Inc. (The) stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $156.79, for a total transaction of $14,214,738.19. Following the sale, the chief executive officer now directly owns 240,090 shares in the company, valued at $37,643,711.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Wayne M. Hewett purchased 350 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The shares were purchased at an average price of $157.11 per share, for a total transaction of $54,988.50. Following the completion of the transaction, the director now directly owns 1,400 shares of the company’s stock, valued at $219,954. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 128,900 shares of company stock worth $20,167,386. Corporate insiders own 0.26% of the company’s stock.

Home Depot, Inc. (The) Company 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.

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

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