Gabalex Capital Management LLC held its position in shares of Home Depot, Inc. (The) (NYSE:HD) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 175,000 shares of the home improvement retailer’s stock at the end of the first quarter. Home Depot, Inc. (The) accounts for about 8.0% of Gabalex Capital Management LLC’s holdings, making the stock its largest position. Gabalex Capital Management LLC’s holdings in Home Depot, Inc. (The) were worth $25,695,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HD. Riggs Asset Managment Co. Inc. increased its position 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 worth $109,000 after buying an additional 397 shares in the last quarter. CT Financial Advisors LLC increased its position 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 worth $111,000 after buying an additional 3 shares in the last quarter. University of Texas Investment Managment Co. bought a new position in Home Depot, Inc. (The) during the first quarter worth approximately $132,000. Peoples Financial Services CORP. increased its position 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 worth $151,000 after buying an additional 125 shares in the last quarter. Finally, Edge Wealth Management LLC increased its position in 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 worth $165,000 after buying an additional 54 shares in the last quarter. 71.44% of the stock is owned by hedge funds and other institutional investors.

Home Depot, Inc. (NYSE:HD) traded down 0.03% during trading on Wednesday, hitting $149.80. The stock had a trading volume of 988,652 shares. 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 is $150.67 and its 200 day moving average is $150.48. The firm has a market cap of $176.59 billion, a PE ratio of 21.56 and a beta of 1.08. Home Depot, Inc. (The) also was the recipient of some unusual options trading on Monday. Stock traders purchased 24,916 call options on the stock. This represents an increase of approximately 105% compared to the typical daily volume of 12,141 call options.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings data 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 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 business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.97 earnings per share. Equities analysts expect that Home Depot, Inc. will post $7.32 EPS for the current fiscal year.

The firm also recently disclosed 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. The ex-dividend date is Tuesday, August 29th. This represents a $3.56 annualized dividend and a yield of 2.38%. Home Depot, Inc. (The)’s dividend payout ratio is 51.15%.

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A number of research analysts have recently commented on HD shares. Royal Bank Of Canada reaffirmed 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 shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Tuesday, May 2nd. BTIG Research upped their price objective on shares of Home Depot, Inc. (The) from $155.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, May 5th. Atlantic Securities downgraded shares of Home Depot, Inc. (The) from an “overweight” rating to a “neutral” rating and set a $168.00 price objective for the company. in a research note on Thursday, May 11th. Finally, Jefferies Group LLC upped their price objective on shares of Home Depot, Inc. (The) from $167.00 to $182.00 and gave the company a “buy” rating in a research note on Friday, May 12th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $169.77.

In other news, EVP Teresa Wynn Roseborough sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $150.39, for a total value 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ann Marie Campbell sold 10,717 shares of the company’s stock in a transaction that occurred on 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 completion of 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. 0.26% of the stock is owned by corporate insiders.

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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