Flinton Capital Management LLC reduced its stake in Home Depot, Inc. (The) (NYSE:HD) by 5.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 297,228 shares of the home improvement retailer’s stock after selling 17,646 shares during the period. Home Depot, Inc. (The) comprises approximately 1.7% of Flinton Capital Management LLC’s portfolio, making the stock its 11th largest position. Flinton Capital Management LLC’s holdings in Home Depot, Inc. (The) were worth $43,642,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in HD. Riggs Asset Managment Co. Inc. raised its stake in shares of 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 raised its stake in shares of 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. bought a new stake in shares of Home Depot, Inc. (The) during the first quarter valued at approximately $132,000. Peoples Financial Services CORP. raised its stake in shares of 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. Finally, Edge Wealth Management LLC raised its stake in shares of Home Depot, Inc. (The) by 5.0% in the first quarter. Edge Wealth Management LLC now owns 1,125 shares of the home improvement retailer’s stock valued at $165,000 after buying an additional 54 shares in the last quarter. 71.27% of the stock is currently owned by institutional investors and hedge funds.

Home Depot, Inc. (HD) traded up 0.94% during trading on Friday, reaching $149.65. 3,047,971 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $150.67 and its 200-day moving average is $150.48. Home Depot, Inc. has a 12-month low of $119.20 and a 12-month high of $160.86. The company has a market cap of $176.41 billion, a P/E ratio of 21.54 and a beta of 1.08.

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, topping the consensus estimate of $2.21 by $0.04. The company had revenue of $28.11 billion for the quarter, compared to analyst estimates of $27.84 billion. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.97 earnings per share. Analysts predict that Home Depot, Inc. will post $7.32 EPS for the current fiscal year.

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

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Several analysts have recently issued reports on HD shares. Zacks Investment Research raised 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 reissued 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 raised 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 reissued 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 lowered shares of Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $169.77.

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