The Home Depot, Inc. (NYSE:HD) Shares Sold by GoalVest Advisory LLC

GoalVest Advisory LLC cut its stake in shares of The Home Depot, Inc. (NYSE:HD) by 9.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 294 shares of the home improvement retailer’s stock after selling 31 shares during the period. GoalVest Advisory LLC’s holdings in Home Depot were worth $114,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Legacy Investment Solutions LLC purchased a new position in Home Depot in the third quarter valued at about $41,000. Sugar Maple Asset Management LLC acquired a new position in shares of Home Depot in the 4th quarter valued at approximately $41,000. Livelsberger Financial Advisory purchased a new position in shares of Home Depot during the 3rd quarter valued at approximately $46,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Home Depot in the second quarter worth $47,000. Finally, Quarry LP raised its holdings in Home Depot by 36.0% in the second quarter. Quarry LP now owns 136 shares of the home improvement retailer’s stock valued at $47,000 after acquiring an additional 36 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Transactions at Home Depot

In related news, EVP Ann Marie Campbell sold 100 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $402.58, for a total value of $40,258.00. Following the completion of the transaction, the executive vice president now owns 12,465 shares of the company’s stock, valued at approximately $5,018,159.70. This trade represents a 0.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 22,084 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $408.91, for a total transaction of $9,030,368.44. Following the sale, the executive vice president now directly owns 20,404 shares in the company, valued at approximately $8,343,399.64. This trade represents a 51.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,188 shares of company stock valued at $15,624,585 in the last three months. 0.10% of the stock is currently owned by corporate insiders.

Home Depot Stock Up 0.0 %

Shares of HD stock opened at $414.53 on Friday. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13. The stock has a market cap of $411.77 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 4.32 and a beta of 1.05. The business’s fifty day moving average is $407.01 and its 200-day moving average is $389.64. The Home Depot, Inc. has a 1 year low of $323.77 and a 1 year high of $439.37.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, November 12th. The home improvement retailer reported $3.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.64 by $0.14. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The company had revenue of $40.22 billion during the quarter, compared to the consensus estimate of $39.31 billion. During the same period in the prior year, the company earned $3.81 EPS. Home Depot’s revenue was up 6.6% on a year-over-year basis. Equities analysts expect that The Home Depot, Inc. will post 15.12 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th were given a dividend of $2.25 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 2.17%. Home Depot’s dividend payout ratio (DPR) is presently 61.14%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on HD shares. Royal Bank of Canada boosted their target price on shares of Home Depot from $363.00 to $413.00 and gave the stock a “sector perform” rating in a research report on Monday, November 11th. Morgan Stanley upped their price objective on Home Depot from $380.00 to $450.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Guggenheim lifted their target price on Home Depot from $390.00 to $450.00 and gave the stock a “buy” rating in a research report on Friday, October 4th. Barclays raised their price objective on Home Depot from $372.00 to $420.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Finally, Stifel Nicolaus increased their target price on shares of Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $426.00.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.