Pineno Levin & Ford Asset Management Inc. increased its position in Home Depot, Inc. (The) (NYSE:HD) by 0.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,725 shares of the home improvement retailer’s stock after buying an additional 9 shares during the period. Pineno Levin & Ford Asset Management Inc.’s holdings in Home Depot, Inc. (The) were worth $400,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Riggs Asset Managment Co. Inc. raised 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 raised 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 about $132,000. Peoples Financial Services CORP. raised 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. Finally, Edge Wealth Management LLC raised its stake 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 valued at $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.

Shares of Home Depot, Inc. (NYSE HD) traded up 0.41% on Thursday, reaching $150.62. The company had a trading volume of 1,190,492 shares. The stock’s 50 day moving average is $150.67 and its 200 day moving average is $150.48. The firm has a market capitalization of $177.55 billion, a price-to-earnings ratio of 21.68 and a beta of 1.08. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $160.86. Home Depot, Inc. (The) also saw some unusual options trading activity on Monday. Traders acquired 24,916 call options on the stock. This represents an increase of 105% compared to the average volume of 12,141 call options.

Home Depot, Inc. (The) (NYSE:HD) last posted its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share for the quarter, beating 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 net margin of 8.63% and a return on equity of 192.30%. Home Depot, Inc. (The)’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.97 EPS. On average, equities analysts anticipate that Home Depot, Inc. will post $7.32 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Thursday, August 31st will be issued a $0.89 dividend. The ex-dividend date of this dividend 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 is currently 51.15%.

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Several equities research analysts recently issued reports on the company. UBS AG reissued a “buy” rating and set a $175.00 price objective (up previously from $173.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday, May 17th. Jefferies Group LLC reissued a “buy” rating and set a $182.00 price objective on shares of Home Depot, Inc. (The) in a research note on Thursday, August 10th. Stifel Nicolaus reissued a “buy” rating and set a $178.00 price objective on shares of Home Depot, Inc. (The) in a research note on Wednesday, August 16th. Wedbush reissued a “market perform” rating on shares of Home Depot, Inc. (The) in a research note on Wednesday, August 16th. Finally, Telsey Advisory Group reissued an “outperform” rating on shares of Home Depot, Inc. (The) in a research note on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $169.77.

In other news, 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 transaction, the executive vice president now directly owns 64,810 shares in the company, valued at approximately $9,877,044. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $2,255,850.00. Following the completion of the transaction, the executive vice president now owns 33,147 shares in the company, valued at $4,984,977.33. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.

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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