Community Bank N.A. boosted its stake in Home Depot, Inc. (The) (NYSE:HD) by 4.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 7,386 shares of the home improvement retailer’s stock after buying an additional 299 shares during the period. Community Bank N.A.’s holdings in Home Depot, Inc. (The) were worth $1,085,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Daiwa Securities Group Inc. boosted its stake in shares of Home Depot, Inc. (The) by 5.9% in the first quarter. Daiwa Securities Group Inc. now owns 57,631 shares of the home improvement retailer’s stock valued at $8,462,000 after buying an additional 3,220 shares during the period. Moody Lynn & Lieberson LLC boosted its stake in shares of Home Depot, Inc. (The) by 1.9% in the first quarter. Moody Lynn & Lieberson LLC now owns 39,199 shares of the home improvement retailer’s stock valued at $5,756,000 after buying an additional 729 shares during the period. DekaBank Deutsche Girozentrale boosted its stake in shares of Home Depot, Inc. (The) by 32.1% in the first quarter. DekaBank Deutsche Girozentrale now owns 613,204 shares of the home improvement retailer’s stock valued at $90,510,000 after buying an additional 149,177 shares during the period. Bbva Compass Bancshares Inc. boosted its stake in shares of Home Depot, Inc. (The) by 10.6% in the first quarter. Bbva Compass Bancshares Inc. now owns 32,328 shares of the home improvement retailer’s stock valued at $4,746,000 after buying an additional 3,101 shares during the period. Finally, Copeland Capital Management LLC boosted its stake in shares of Home Depot, Inc. (The) by 12.3% in the first quarter. Copeland Capital Management LLC now owns 78,645 shares of the home improvement retailer’s stock valued at $11,625,000 after buying an additional 8,598 shares during the period. 71.44% of the stock is currently owned by institutional investors and hedge funds.

Home Depot, Inc. (HD) traded down 0.13% during trading on Tuesday, hitting $150.31. The stock had a trading volume of 1,282,867 shares. The firm has a 50 day moving average of $150.67 and a 200-day moving average of $150.48. The company has a market cap of $177.19 billion, a P/E ratio of 21.63 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) also was the recipient of some unusual options trading on Monday. Investors purchased 24,916 call options on the stock. This represents an increase of 105% compared to the typical volume of 12,141 call options.

Home Depot, Inc. (The) (NYSE:HD) last announced its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.04. The firm had revenue of $28.11 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.97 EPS. Equities analysts anticipate that Home Depot, Inc. will post $7.32 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.89 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $3.56 annualized dividend and a dividend yield of 2.35%. Home Depot, Inc. (The)’s dividend payout ratio is presently 51.15%.

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Several brokerages have recently issued reports on HD. Vetr raised Home Depot, Inc. (The) from a “buy” rating to a “strong-buy” rating and set a $166.59 price objective on the stock in a report on Monday. Zacks Investment Research raised Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $167.00 target price on the stock in a research report on Thursday, August 24th. BidaskClub downgraded Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. UBS AG reissued a “buy” rating and set a $175.00 target price on shares of Home Depot, Inc. (The) in a research report on Friday, August 18th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $178.00 target price on shares of Home Depot, Inc. (The) in a research report on Wednesday, August 16th. 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 issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $169.77.

In other news, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 33,147 shares in the company, valued at $4,984,977.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ann Marie Campbell sold 10,717 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $152.40, for a total value of $1,633,270.80. Following the sale, the executive vice president now owns 64,810 shares of the company’s stock, valued at $9,877,044. The disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.

Home Depot, Inc. (The) 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 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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