The Home Depot, Inc. (NYSE:HD) Shares Bought by SJS Investment Consulting Inc.

SJS Investment Consulting Inc. grew its holdings in The Home Depot, Inc. (NYSE:HD) by 10.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,485 shares of the home improvement retailer’s stock after buying an additional 144 shares during the period. SJS Investment Consulting Inc.’s holdings in Home Depot were worth $578,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Lantz Financial LLC grew its holdings in Home Depot by 0.6% in the 4th quarter. Lantz Financial LLC now owns 6,253 shares of the home improvement retailer’s stock valued at $2,432,000 after buying an additional 39 shares in the last quarter. Linden Thomas Advisory Services LLC boosted its position in shares of Home Depot by 9.1% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 12,503 shares of the home improvement retailer’s stock valued at $4,864,000 after acquiring an additional 1,045 shares during the last quarter. Cyndeo Wealth Partners LLC grew its holdings in shares of Home Depot by 2.2% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 40,137 shares of the home improvement retailer’s stock valued at $15,613,000 after purchasing an additional 865 shares during the period. Geneos Wealth Management Inc. increased its position in Home Depot by 0.8% during the fourth quarter. Geneos Wealth Management Inc. now owns 21,990 shares of the home improvement retailer’s stock worth $8,554,000 after purchasing an additional 164 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in Home Depot by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 950,990 shares of the home improvement retailer’s stock worth $369,926,000 after purchasing an additional 2,696 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Ann Marie Campbell sold 100 shares of the business’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 transaction of $40,258.00. Following the completion of the sale, the executive vice president now owns 12,465 shares in the company, valued at approximately $5,018,159.70. The trade was a 0.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Timothy A. Hourigan sold 16,004 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $409.52, for a total transaction of $6,553,958.08. Following the completion of the transaction, the executive vice president now owns 77,475 shares of the company’s stock, valued at approximately $31,727,562. The trade was a 17.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,188 shares of company stock worth $15,624,585 over the last 90 days. 0.10% of the stock is owned by insiders.

Home Depot Trading Up 0.0 %

NYSE HD opened at $414.53 on Monday. The Home Depot, Inc. has a 52 week low of $323.77 and a 52 week high of $439.37. The firm has a 50 day moving average of $407.14 and a two-hundred day moving average of $390.53. The stock has a market capitalization 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 company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, November 12th. The home improvement retailer reported $3.78 EPS for the quarter, topping 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 firm had revenue of $40.22 billion during the quarter, compared to the consensus estimate of $39.31 billion. During the same quarter in the previous year, the firm posted $3.81 earnings per share. The company’s revenue was up 6.6% compared to the same quarter last year. As a group, research analysts expect that The Home Depot, Inc. will post 15.12 EPS for the current fiscal year.

Home Depot Announces Dividend

The firm also recently announced 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. This represents a $9.00 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend was Wednesday, November 27th. Home Depot’s dividend payout ratio (DPR) is presently 61.14%.

Analyst Upgrades and Downgrades

HD has been the subject of several analyst reports. Mizuho increased their price target on shares of Home Depot from $435.00 to $440.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Evercore ISI raised their target price on Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Guggenheim lifted their target price on Home Depot from $390.00 to $450.00 and gave the company a “buy” rating in a research report on Friday, October 4th. Morgan Stanley increased their price target on Home Depot from $380.00 to $450.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Finally, Barclays boosted their price objective on shares of Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. One 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.