Horan Capital Management lowered its position in shares of Home Depot, Inc. (The) (NYSE:HD) by 17.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,064 shares of the home improvement retailer’s stock after selling 1,067 shares during the period. Horan Capital Management’s holdings in Home Depot, Inc. (The) were worth $776,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Clean Yield Group boosted its position in Home Depot, Inc. (The) by 0.3% in the second quarter. Clean Yield Group now owns 12,285 shares of the home improvement retailer’s stock worth $1,878,000 after buying an additional 35 shares during the last quarter. Peoples Financial Services CORP. boosted its position in Home Depot, Inc. (The) by 12.2% in the second quarter. Peoples Financial Services CORP. now owns 1,150 shares of the home improvement retailer’s stock worth $176,000 after buying an additional 125 shares during the last quarter. Harwood Advisory Group LLC boosted its position in Home Depot, Inc. (The) by 22.7% in the second quarter. Harwood Advisory Group LLC now owns 8,338 shares of the home improvement retailer’s stock worth $1,279,000 after buying an additional 1,543 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Home Depot, Inc. (The) during the second quarter worth about $66,540,000. Finally, Oregon Public Employees Retirement Fund boosted its position in Home Depot, Inc. (The) by 14.0% in the second quarter. Oregon Public Employees Retirement Fund now owns 327,192 shares of the home improvement retailer’s stock worth $50,191,000 after buying an additional 40,300 shares during the last quarter. Institutional investors own 71.63% of the company’s stock.
Shares of Home Depot, Inc. (NYSE HD) opened at 153.30 on Thursday. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $160.86. The stock has a market cap of $183.28 billion, a P/E ratio of 22.94 and a beta of 1.09. The stock has a 50 day moving average price of $153.83 and a 200-day moving average price of $148.09.
Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings results on Tuesday, May 16th. The home improvement retailer reported $1.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.06. The firm had revenue of $23.89 billion for the quarter, compared to analysts’ expectations of $23.74 billion. Home Depot, Inc. (The) had a return on equity of 158.80% and a net margin of 8.53%. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.44 EPS. Equities analysts predict that Home Depot, Inc. will post $7.24 EPS for the current fiscal year.
A number of equities analysts recently issued reports on the company. Sanford C. Bernstein restated a “market perform” rating and set a $152.00 price objective on shares of Home Depot, Inc. (The) in a report on Wednesday, July 12th. Zacks Investment Research upgraded Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $169.00 target price for the company in a report on Wednesday, July 12th. Jefferies Group LLC reiterated a “buy” rating and issued a $182.00 target price on shares of Home Depot, Inc. (The) in a report on Friday, June 23rd. Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Home Depot, Inc. (The) in a report on Thursday, June 22nd. Finally, Vetr cut Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 target price for the company. in a report on Monday, June 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. Home Depot, Inc. (The) currently has a consensus rating of “Buy” and an average target price of $164.67.
In related news, EVP Ann Marie Campbell sold 7,000 shares of the business’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $156.56, for a total value of $1,095,920.00. Following the transaction, the executive vice president now owns 54,091 shares in the company, valued at approximately $8,468,486.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Wayne M. Hewett purchased 350 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The stock was bought at an average price of $157.11 per share, for a total transaction of $54,988.50. Following the transaction, the director now directly owns 1,400 shares in the company, valued at $219,954. The disclosure for this purchase can be found here. Insiders sold a total of 128,900 shares of company stock worth $20,167,386 in the last 90 days. 0.26% of the stock is currently owned by insiders.
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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