Investors bought shares of The Home Depot Inc. (NYSE:HD) on weakness during trading hours on Monday following insider selling activity. $128.42 million flowed into the stock on the tick-up and $83.58 million flowed out of the stock on the tick-down, for a money net flow of $44.84 million into the stock. Of all companies tracked, The Home Depot had the 9th highest net in-flow for the day. The Home Depot traded down ($0.11) for the day and closed at $128.22Specifically, EVP Mark Holifield sold 15,606 shares of the business’s stock in a transaction on Thursday, November 17th. The shares were sold at an average price of $128.39, for a total transaction of $2,003,654.34. Following the sale, the executive vice president now owns 39,499 shares in the company, valued at approximately $5,071,276.61. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.26% of the company’s stock.

HD has been the topic of a number of analyst reports. Vetr cut shares of The Home Depot from a “buy” rating to a “hold” rating and set a $129.26 price target on the stock. in a research note on Wednesday, November 9th. RBC Capital Markets reiterated an “outperform” rating and issued a $155.00 price target (up previously from $150.00) on shares of The Home Depot in a research note on Wednesday, August 17th. Zacks Investment Research upgraded shares of The Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, August 9th. Citigroup Inc. upped their price target on shares of The Home Depot from $152.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, August 17th. Finally, Macquarie reiterated a “buy” rating on shares of The Home Depot in a research note on Tuesday, November 1st. Seven investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $145.58.

The company has a market capitalization of $156.94 billion, a P/E ratio of 20.81 and a beta of 1.05. The stock has a 50 day moving average price of $125.67 and a 200 day moving average price of $130.65.

The Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, November 15th. The home improvement retailer reported $1.60 EPS for the quarter, beating the Zacks’ consensus estimate of $1.58 by $0.02. The business earned $23.20 billion during the quarter, compared to analysts’ expectations of $23.05 billion. The Home Depot had a return on equity of 123.29% and a net margin of 8.23%. The business’s revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.36 earnings per share. Analysts anticipate that The Home Depot Inc. will post $6.34 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st will be given a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend is Tuesday, November 29th. The Home Depot’s dividend payout ratio (DPR) is presently 44.66%.

Several hedge funds have recently bought and sold shares of the stock. Edge Wealth Management LLC boosted its stake in The Home Depot by 0.3% in the third quarter. Edge Wealth Management LLC now owns 1,068 shares of the home improvement retailer’s stock worth $137,000 after buying an additional 3 shares during the period. West Coast Financial LLC boosted its stake in shares of The Home Depot by 0.3% in the third quarter. West Coast Financial LLC now owns 1,760 shares of the home improvement retailer’s stock valued at $226,000 after buying an additional 5 shares during the last quarter. Jackson Grant Investment Advisers Inc. boosted its stake in shares of The Home Depot by 0.5% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 1,701 shares of the home improvement retailer’s stock valued at $217,000 after buying an additional 9 shares during the last quarter. Piershale Financial Group Inc. boosted its stake in shares of The Home Depot by 0.5% in the second quarter. Piershale Financial Group Inc. now owns 2,258 shares of the home improvement retailer’s stock valued at $288,000 after buying an additional 12 shares during the last quarter. Finally, Cape ANN Savings Bank boosted its stake in shares of The Home Depot by 0.7% in the third quarter. Cape ANN Savings Bank now owns 1,759 shares of the home improvement retailer’s stock valued at $226,000 after buying an additional 12 shares during the last quarter. Institutional investors and hedge funds own 71.31% of the company’s stock.

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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