Westwood Management Corp IL held its position in shares of Home Depot, Inc. (The) (NYSE:HD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 187,000 shares of the home improvement retailer’s stock at the end of the second quarter. Home Depot, Inc. (The) makes up about 4.5% of Westwood Management Corp IL’s investment portfolio, making the stock its 8th largest position. Westwood Management Corp IL’s holdings in Home Depot, Inc. (The) were worth $28,686,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. American Beacon Advisors Inc. acquired a new position in shares of Home Depot, Inc. (The) during the first quarter valued at $100,000. Riggs Asset Managment Co. Inc. raised its position in Home Depot, Inc. (The) by 114.1% in the first quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock worth $109,000 after buying an additional 397 shares in the last quarter. CT Financial Advisors LLC raised its position in 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 worth $111,000 after buying an additional 3 shares in the last quarter. University of Texas Investment Managment Co. purchased a new position in Home Depot, Inc. (The) during the first quarter worth approximately $132,000. Finally, Peoples Financial Services CORP. raised its position in Home Depot, Inc. (The) by 13.9% in the first quarter. Peoples Financial Services CORP. now owns 1,025 shares of the home improvement retailer’s stock worth $151,000 after buying an additional 125 shares in the last quarter. 71.44% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Home Depot, Inc. (HD) traded down 0.80% on Tuesday, hitting $149.29. The company’s stock had a trading volume of 3,114,831 shares. The firm has a market cap of $175.99 billion, a price-to-earnings ratio of 21.49 and a beta of 1.08. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $160.86. The stock’s 50-day moving average price is $150.67 and its 200-day moving average price is $150.48. Home Depot, Inc. (The) also was the target of unusually large options trading on Monday. Traders bought 24,916 call options on the stock. This represents an increase of 105% compared to the typical volume of 12,141 call options.

Home Depot, Inc. (The) (NYSE:HD) last posted its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The business had revenue of $28.11 billion during the quarter, compared to analysts’ expectations of $27.84 billion. During the same period in the previous year, the business earned $1.97 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. Equities analysts expect that Home Depot, Inc. will post $7.32 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Thursday, August 31st will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.35%. The ex-dividend date is Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is 51.15%.

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A number of research firms have recently commented on HD. Zacks Investment Research raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $167.00 price target on the stock in a research report on Thursday, August 24th. Stifel Nicolaus reissued a “buy” rating and issued a $178.00 price target (up previously from $165.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, May 17th. Vetr raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $160.62 price target on the stock in a research report on Tuesday, May 30th. Longbow Research reissued a “buy” rating and issued a $175.00 price target on shares of Home Depot, Inc. (The) in a research report on Monday, August 14th. Finally, BidaskClub lowered shares of Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $169.77.

In other news, EVP Ann Marie Campbell sold 10,717 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $152.40, for a total value of $1,633,270.80. Following the completion of the transaction, the executive vice president now directly owns 64,810 shares in the company, valued at approximately $9,877,044. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, 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. 0.26% of the stock is owned by insiders.

About Home Depot, Inc. (The)

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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