Middleton & Co Inc MA cut its position in Home Depot, Inc. (The) (NYSE:HD) by 0.7% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 31,727 shares of the home improvement retailer’s stock after selling 238 shares during the period. Middleton & Co Inc MA’s holdings in Home Depot, Inc. (The) were worth $4,867,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in HD. Parallel Advisors LLC acquired a new position in Home Depot, Inc. (The) during the fourth quarter worth $1,637,000. Menta Capital LLC boosted its position in Home Depot, Inc. (The) by 77.3% in the fourth quarter. Menta Capital LLC now owns 36,691 shares of the home improvement retailer’s stock worth $4,920,000 after buying an additional 16,000 shares during the last quarter. Carbonado Capital boosted its position in Home Depot, Inc. (The) by 90.9% in the fourth quarter. Carbonado Capital now owns 525,000 shares of the home improvement retailer’s stock worth $70,392,000 after buying an additional 250,000 shares during the last quarter. Tyers Asset Management LLC acquired a new position in Home Depot, Inc. (The) during the fourth quarter worth $34,768,000. Finally, Honeycomb Asset Management LP acquired a new position in Home Depot, Inc. (The) during the fourth quarter worth $13,408,000. 71.52% of the stock is owned by institutional investors.

Shares of Home Depot, Inc. (NYSE:HD) traded up 0.39% during midday trading on Monday, reaching $153.35. 3,832,792 shares of the company were exchanged. Home Depot, Inc. has a 52-week low of $119.20 and a 52-week high of $160.86. The company’s 50-day moving average price is $152.13 and its 200 day moving average price is $148.91. The stock has a market capitalization of $183.34 billion, a price-to-earnings ratio of 22.95 and a beta of 1.08.

Home Depot, Inc. (The) (NYSE:HD) last released its earnings results on Tuesday, May 16th. The home improvement retailer reported $1.67 EPS for the quarter, beating the consensus estimate of $1.61 by $0.06. Home Depot, Inc. (The) had a net margin of 8.53% and a return on equity of 158.80%. The business had revenue of $23.89 billion during the quarter, compared to analyst estimates of $23.74 billion. During the same period in the prior year, the business earned $1.44 earnings per share. The business’s quarterly revenue was up 4.9% on a year-over-year basis. On average, equities analysts predict that Home Depot, Inc. will post $7.24 earnings per share for the current year.

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A number of equities analysts recently weighed in on HD shares. Vetr raised Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $153.35 price target for the company in a report on Monday, April 10th. Zacks Investment Research raised Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $170.00 price target for the company in a report on Tuesday, April 25th. Royal Bank Of Canada reiterated a “buy” rating and set a $158.00 price objective on shares of Home Depot, Inc. (The) in a research note on Tuesday, May 2nd. Credit Suisse Group set a $163.00 price objective on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Tuesday, May 2nd. Finally, BTIG Research boosted their price objective on Home Depot, Inc. (The) from $155.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, May 5th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and twenty have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $164.68.

In related news, CEO Craig A. Menear sold 90,661 shares of the stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $156.79, for a total transaction of $14,214,738.19. Following the completion of the sale, the chief executive officer now directly owns 240,090 shares of the company’s stock, valued at $37,643,711.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP William G. Lennie sold 31,239 shares of the stock in a transaction that occurred on Thursday, May 18th. The shares were sold at an average price of $155.47, for a total transaction of $4,856,727.33. Following the sale, the executive vice president now directly owns 46,294 shares of the company’s stock, valued at $7,197,328.18. The disclosure for this sale can be found here. Over the last three months, insiders have sold 128,900 shares of company stock valued at $20,167,386. Company insiders own 0.26% of the company’s stock.

About Home Depot, Inc. (The)

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.

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

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