Court Place Advisors LLC lowered its stake in Home Depot, Inc. (The) (NYSE:HD) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,466 shares of the home improvement retailer’s stock after selling 203 shares during the period. Home Depot, Inc. (The) accounts for approximately 1.8% of Court Place Advisors LLC’s holdings, making the stock its 14th largest position. Court Place Advisors LLC’s holdings in Home Depot, Inc. (The) were worth $3,753,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of HD. American Beacon Advisors Inc. acquired a new stake in Home Depot, Inc. (The) during the first quarter valued at approximately $100,000. Riggs Asset Managment Co. Inc. increased its stake in Home Depot, Inc. (The) by 114.1% in the first quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock valued at $109,000 after buying an additional 397 shares in the last quarter. CT Financial Advisors LLC increased its stake in Home Depot, Inc. (The) by 0.4% in the first quarter. CT Financial Advisors LLC now owns 758 shares of the home improvement retailer’s stock valued at $111,000 after buying an additional 3 shares in the last quarter. University of Texas Investment Managment Co. acquired a new stake in Home Depot, Inc. (The) during the first quarter valued at approximately $132,000. Finally, Peoples Financial Services CORP. increased its stake in Home Depot, Inc. (The) by 13.9% in the first quarter. Peoples Financial Services CORP. now owns 1,025 shares of the home improvement retailer’s stock valued at $151,000 after buying an additional 125 shares in the last quarter. Institutional investors and hedge funds own 71.27% of the company’s stock.

Shares of Home Depot, Inc. (NYSE HD) traded up 0.94% during mid-day trading on Friday, reaching $149.65. 3,047,971 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $150.67 and a 200 day moving average of $150.48. The firm has a market capitalization of $176.41 billion, a P/E ratio of 21.54 and a beta of 1.08. Home Depot, Inc. has a one year low of $119.20 and a one year high of $160.86.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The company had revenue of $28.11 billion during the quarter, compared to analysts’ expectations of $27.84 billion. During the same period last year, the business posted $1.97 earnings per share. The firm’s revenue was up 6.2% compared to the same quarter last year. On average, analysts forecast that Home Depot, Inc. will post $7.32 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 31st will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Tuesday, August 29th. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is presently 51.15%.

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A number of research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $167.00 price target on the stock in a research report on Thursday. Stifel Nicolaus restated a “buy” rating and issued a $178.00 price target (up previously from $165.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, May 17th. Vetr upgraded shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $160.62 price target on the stock in a research report on Tuesday, May 30th. Longbow Research restated a “buy” rating and issued a $175.00 price target on shares of Home Depot, Inc. (The) in a research report on Monday, August 14th. Finally, BidaskClub downgraded shares of Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $169.77.

In other Home Depot, Inc. (The) news, EVP Ann Marie Campbell sold 10,717 shares of the stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $152.40, for a total value of $1,633,270.80. Following the completion of the sale, the executive vice president now directly owns 64,810 shares in the company, valued at $9,877,044. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $150.39, for a total value of $2,255,850.00. Following the completion of the sale, the executive vice president now owns 33,147 shares of the company’s stock, valued at $4,984,977.33. The disclosure for this sale can be found here. 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.

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

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