Edmonds Duncan Registered Investment Advisors LLC lowered its position in Home Depot, Inc. (The) (NYSE:HD) by 1.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,166 shares of the home improvement retailer’s stock after selling 25 shares during the period. Edmonds Duncan Registered Investment Advisors LLC’s holdings in Home Depot, Inc. (The) were worth $334,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. CT Financial Advisors LLC raised 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. Jackson Grant Investment Advisers Inc. raised its position in Home Depot, Inc. (The) by 0.4% in the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock worth $241,000 after buying an additional 6 shares in the last quarter. Pineno Levin & Ford Asset Management Inc. raised its position in Home Depot, Inc. (The) by 0.3% in the first quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock worth $400,000 after buying an additional 9 shares in the last quarter. Piershale Financial Group Inc. raised its position in Home Depot, Inc. (The) by 0.6% in the first quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock worth $322,000 after buying an additional 13 shares in the last quarter. Finally, LVM Capital Management Ltd. MI raised its position in Home Depot, Inc. (The) by 1.1% in the first quarter. LVM Capital Management Ltd. MI now owns 2,087 shares of the home improvement retailer’s stock worth $306,000 after buying an additional 23 shares in the last quarter. Institutional investors and hedge funds own 71.44% of the company’s stock.

Shares of Home Depot, Inc. (NYSE:HD) traded up 0.416% during midday trading on Thursday, hitting $150.624. 1,196,563 shares of the stock were exchanged. The firm has a market cap of $177.56 billion, a P/E ratio of 21.679 and a beta of 1.08. 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. Home Depot, Inc. (The) also was the recipient of some unusual options trading activity on Monday. Stock traders bought 24,916 call options on the stock. This represents an increase of 105% compared to the typical daily volume of 12,141 call options.

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 the Thomson Reuters’ consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The business had revenue of $28.11 billion for the quarter, compared to the consensus estimate of $27.84 billion. During the same period in the prior year, the company posted $1.97 earnings per share. Home Depot, Inc. (The)’s revenue was up 6.2% compared to the same quarter last year. On average, equities research analysts forecast that Home Depot, Inc. will post $7.32 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Investors 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 dividend yield of 2.37%. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is presently 51.15%.

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A number of equities analysts recently issued reports on HD shares. Vetr lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price target on the stock. in a report on Monday, June 19th. Barclays PLC reissued an “overweight” rating and set a $165.00 price target (up previously from $150.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, May 17th. Royal Bank Of Canada reissued an “outperform” rating and set a $176.00 price target on shares of Home Depot, Inc. (The) in a report on Friday, June 16th. Citigroup Inc. reissued a “buy” rating and set a $179.00 price target (up previously from $168.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, May 17th. Finally, BTIG Research raised their price target on Home Depot, Inc. (The) from $155.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, May 5th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $169.77.

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