The Home Depot, Inc. (NYSE:HD) Shares Purchased by 25 LLC

25 LLC boosted its position in shares of The Home Depot, Inc. (NYSE:HD) by 8.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,281 shares of the home improvement retailer’s stock after purchasing an additional 102 shares during the quarter. 25 LLC’s holdings in Home Depot were worth $470,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Wealth Group Ltd. increased its stake in shares of Home Depot by 5.0% during the 4th quarter. Wealth Group Ltd. now owns 563 shares of the home improvement retailer’s stock worth $219,000 after purchasing an additional 27 shares in the last quarter. Tallon Kerry Patrick acquired a new stake in Home Depot during the 4th quarter valued at $281,000. Capital & Planning LLC increased its position in Home Depot by 110.2% during the fourth quarter. Capital & Planning LLC now owns 1,074 shares of the home improvement retailer’s stock worth $418,000 after buying an additional 563 shares in the last quarter. Ironwood Wealth Management LLC. increased its position in Home Depot by 0.7% during the fourth quarter. Ironwood Wealth Management LLC. now owns 4,537 shares of the home improvement retailer’s stock worth $1,765,000 after buying an additional 32 shares in the last quarter. Finally, Brighton Jones LLC raised its holdings in shares of Home Depot by 36.5% in the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after acquiring an additional 7,203 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Fahim Siddiqui sold 2,600 shares of the company’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $367.14, for a total value of $954,564.00. Following the completion of the transaction, the executive vice president now directly owns 7,951 shares of the company’s stock, valued at $2,919,130.14. This represents a 24.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Teresa Wynn Roseborough sold 5,406 shares of the firm’s stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $369.28, for a total value of $1,996,327.68. Following the sale, the executive vice president now owns 17,367 shares of the company’s stock, valued at $6,413,285.76. This represents a 23.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is owned by corporate insiders.

Home Depot Stock Down 0.5%

Shares of NYSE HD opened at $367.45 on Monday. The stock has a fifty day moving average price of $361.63 and a 200 day moving average price of $384.44. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month high of $439.37. The company has a market cap of $365.59 billion, a P/E ratio of 24.96, a P/E/G ratio of 4.03 and a beta of 1.02.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, May 20th. The home improvement retailer reported $3.56 earnings per share for the quarter, missing the consensus estimate of $3.59 by ($0.03). Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The company had revenue of $39.86 billion during the quarter, compared to analysts’ expectations of $39.24 billion. During the same period in the previous year, the company earned $3.63 EPS. Home Depot’s quarterly revenue was up 9.4% on a year-over-year basis. Research analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th will be issued a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend is Thursday, June 5th. Home Depot’s dividend payout ratio is presently 62.42%.

Wall Street Analyst Weigh In

A number of research firms recently commented on HD. Wells Fargo & Company dropped their price objective on Home Depot from $445.00 to $420.00 and set an “overweight” rating for the company in a research report on Thursday, May 8th. KGI Securities raised shares of Home Depot to a “strong-buy” rating in a research note on Monday, March 3rd. Robert W. Baird cut their price objective on shares of Home Depot from $430.00 to $425.00 and set an “outperform” rating for the company in a research report on Wednesday, May 21st. Mizuho decreased their target price on shares of Home Depot from $450.00 to $435.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 21st. Finally, Stifel Nicolaus raised shares of Home Depot from a “hold” rating to a “buy” rating and lifted their target price for the stock from $405.00 to $425.00 in a research note on Wednesday, May 21st. Seven research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Home Depot currently has a consensus rating of “Moderate Buy” and an average target price of $426.77.

Home Depot 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.