Strs Ohio decreased its position in shares of The Home Depot Inc. (NYSE:HD) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,193,588 shares of the home improvement retailer’s stock after selling 29,040 shares during the period. The Home Depot accounts for approximately 0.7% of Strs Ohio’s portfolio, making the stock its 27th largest position. Strs Ohio owned 0.10% of The Home Depot worth $152,409,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HD. First PREMIER Bank increased its position in shares of The Home Depot by 29.2% in the second quarter. First PREMIER Bank now owns 885 shares of the home improvement retailer’s stock valued at $113,000 after buying an additional 200 shares during the period. RPg Family Wealth Advisory LLC increased its position in shares of The Home Depot by 87.2% in the first quarter. RPg Family Wealth Advisory LLC now owns 1,404 shares of the home improvement retailer’s stock valued at $187,000 after buying an additional 654 shares during the period. Catamount Wealth Management increased its position in shares of The Home Depot by 2,784.0% in the first quarter. Catamount Wealth Management now owns 1,442 shares of the home improvement retailer’s stock valued at $192,000 after buying an additional 1,392 shares during the period. Highland Private Wealth Management purchased a new position in shares of The Home Depot during the first quarter valued at approximately $212,000. Finally, Cape ANN Savings Bank increased its position in shares of The Home Depot by 5.6% in the second quarter. Cape ANN Savings Bank now owns 1,747 shares of the home improvement retailer’s stock valued at $223,000 after buying an additional 92 shares during the period. Institutional investors and hedge funds own 71.87% of the company’s stock.

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

Shares of The Home Depot Inc. (NYSE:HD) traded down 1.01% on Monday, reaching $125.14. 3,753,022 shares of the company were exchanged. The company’s 50-day moving average price is $128.79 and its 200 day moving average price is $132.32. The company has a market cap of $154.62 billion, a price-to-earnings ratio of 21.18 and a beta of 0.97. The Home Depot Inc. has a 12 month low of $109.62 and a 12 month high of $139.00.

The Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 16th. The home improvement retailer reported $1.97 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.97. The firm had revenue of $26.47 billion for the quarter, compared to the consensus estimate of $26.47 billion. The Home Depot had a net margin of 8.08% and a return on equity of 110.52%. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.71 earnings per share. On average, equities research analysts expect that The Home Depot Inc. will post $6.33 EPS for the current year.

Several brokerages recently commented on HD. Argus lifted their target price on shares of The Home Depot from $150.00 to $154.00 and gave the stock a “buy” rating in a report on Wednesday, August 17th. Royal Bank Of Canada lifted their target price on shares of The Home Depot from $150.00 to $155.00 and gave the stock an “outperform” rating in a report on Wednesday, August 17th. Deutsche Bank AG raised their price target on shares of The Home Depot from $143.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, August 17th. Wedbush restated a “neutral” rating and issued a $140.00 price target (down from $145.00) on shares of The Home Depot in a research report on Tuesday, August 16th. Finally, Nomura restated an “in-line” rating and issued a $155.00 price target on shares of The Home Depot in a research report on Wednesday, August 17th. Seven investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $146.86.

In other news, CFO Carol B. Tome sold 97,610 shares of the firm’s stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $135.35, for a total value of $13,211,513.50. Following the sale, the chief financial officer now directly owns 644,831 shares in the company, valued at approximately $87,277,875.85. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Timothy M. Crow sold 49,392 shares of the firm’s stock in a transaction that occurred on Friday, August 19th. The shares were sold at an average price of $135.06, for a total transaction of $6,670,883.52. Following the completion of the sale, the executive vice president now owns 224,905 shares in the company, valued at $30,375,669.30. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by insiders.

The Home Depot 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 serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

5 Day Chart for NYSE:HD

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