Garde Capital Inc. Has $354,000 Holdings in Home Depot Inc (HD)

Garde Capital Inc. grew its position in shares of Home Depot Inc (NYSE:HD) by 23.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,866 shares of the home improvement retailer’s stock after purchasing an additional 350 shares during the quarter. Garde Capital Inc.’s holdings in Home Depot were worth $354,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in HD. Investment Partners Ltd. OH ADV grew its position in shares of Home Depot by 2.6% during the 4th quarter. Investment Partners Ltd. OH ADV now owns 9,867 shares of the home improvement retailer’s stock worth $1,870,000 after buying an additional 251 shares during the period. Telos Capital Management Inc. grew its position in shares of Home Depot by 11.1% during the 4th quarter. Telos Capital Management Inc. now owns 2,634 shares of the home improvement retailer’s stock worth $499,000 after buying an additional 264 shares during the period. Davis R M Inc. grew its position in shares of Home Depot by 2.0% during the 4th quarter. Davis R M Inc. now owns 13,457 shares of the home improvement retailer’s stock worth $2,551,000 after buying an additional 270 shares during the period. Waldron LP grew its position in shares of Home Depot by 9.6% during the 4th quarter. Waldron LP now owns 3,193 shares of the home improvement retailer’s stock worth $605,000 after buying an additional 279 shares during the period. Finally, Northstar Investment Advisors LLC grew its position in shares of Home Depot by 0.3% during the 4th quarter. Northstar Investment Advisors LLC now owns 88,026 shares of the home improvement retailer’s stock worth $16,684,000 after buying an additional 284 shares during the period. Hedge funds and other institutional investors own 69.23% of the company’s stock.

Several brokerages have recently commented on HD. Gabelli began coverage on shares of Home Depot in a research report on Wednesday, April 11th. They set a “buy” rating and a $206.00 price objective for the company. Credit Suisse Group set a $222.00 price objective on shares of Home Depot and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Bank of America reaffirmed a “buy” rating and set a $190.60 price objective (down previously from $219.00) on shares of Home Depot in a research report on Tuesday, February 20th. Deutsche Bank set a $210.00 price objective on shares of Home Depot and gave the stock a “buy” rating in a research report on Tuesday, May 15th. Finally, Wells Fargo & Co began coverage on shares of Home Depot in a research report on Monday, April 23rd. They set an “outperform” rating and a $205.00 price objective for the company. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $195.95.



In other Home Depot news, Director Stephanie Linnartz bought 1,000 shares of the stock in a transaction dated Friday, June 1st. The shares were bought at an average cost of $187.57 per share, for a total transaction of $187,570.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Gregory D. Brenneman bought 16,827 shares of the stock in a transaction dated Wednesday, March 21st. The shares were acquired at an average price of $178.29 per share, for a total transaction of $3,000,085.83. Following the completion of the purchase, the director now directly owns 46,332 shares in the company, valued at $8,260,532.28. The disclosure for this purchase can be found here. 0.25% of the stock is currently owned by company insiders.

Shares of Home Depot opened at $200.31 on Thursday, Marketbeat reports. The company has a current ratio of 1.17, a quick ratio of 0.37 and a debt-to-equity ratio of 14.37. Home Depot Inc has a 1-year low of $144.25 and a 1-year high of $207.60. The firm has a market cap of $230.29 billion, a price-to-earnings ratio of 26.85, a P/E/G ratio of 1.49 and a beta of 1.13.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, May 15th. The home improvement retailer reported $2.08 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.03. Home Depot had a return on equity of 399.15% and a net margin of 8.85%. The business had revenue of $24.95 billion for the quarter, compared to analysts’ expectations of $25.17 billion. During the same period last year, the business earned $1.67 EPS. The business’s revenue was up 4.4% on a year-over-year basis. sell-side analysts forecast that Home Depot Inc will post 9.45 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 14th. Shareholders of record on Thursday, May 31st will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Wednesday, May 30th. Home Depot’s dividend payout ratio (DPR) is presently 55.23%.

Home Depot Profile

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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