Aberdeen Asset Management PLC UK reduced its stake in shares of Home Depot, Inc. (The) (NYSE:HD) by 5.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 654,225 shares of the home improvement retailer’s stock after selling 36,494 shares during the period. Aberdeen Asset Management PLC UK owned approximately 0.05% of Home Depot, Inc. (The) worth $96,060,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Union Bankshares Corp raised its stake in shares of Home Depot, Inc. (The) by 1.8% during the 1st quarter. Union Bankshares Corp now owns 6,550 shares of the home improvement retailer’s stock worth $962,000 after buying an additional 116 shares during the last quarter. Vontobel Asset Management Inc. acquired a new position in shares of Home Depot, Inc. (The) during the 1st quarter worth $16,760,000. Koshinski Asset Management Inc. raised its stake in shares of Home Depot, Inc. (The) by 30.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 5,817 shares of the home improvement retailer’s stock worth $854,000 after buying an additional 1,371 shares during the last quarter. Newman Dignan & Sheerar Inc. raised its stake in shares of Home Depot, Inc. (The) by 0.7% during the 1st quarter. Newman Dignan & Sheerar Inc. now owns 3,622 shares of the home improvement retailer’s stock worth $532,000 after buying an additional 24 shares during the last quarter. Finally, National Pension Service raised its stake in shares of Home Depot, Inc. (The) by 3.1% during the 1st quarter. National Pension Service now owns 856,264 shares of the home improvement retailer’s stock worth $125,828,000 after buying an additional 25,903 shares during the last quarter. Institutional investors own 71.45% of the company’s stock.

In other news, 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 transaction of $1,633,270.80. Following the sale, the executive vice president now owns 64,810 shares of the company’s stock, valued at approximately $9,877,044. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’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 approximately $4,984,977.33. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by company insiders.

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Several research analysts have recently issued reports on the company. Oppenheimer Holdings, Inc. set a $178.00 price target on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Tuesday, May 16th. Atlantic Securities downgraded shares of Home Depot, Inc. (The) from an “overweight” rating to a “neutral” rating and set a $168.00 target price for the company. in a research note on Thursday, May 11th. UBS AG reissued a “buy” rating and issued a $175.00 target price (up previously from $173.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday, May 17th. Stifel Nicolaus reissued a “buy” rating and issued a $178.00 target price (up previously from $165.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday, May 17th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $152.00 target price on shares of Home Depot, Inc. (The) in a research note on Wednesday, July 12th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. Home Depot, Inc. (The) currently has a consensus rating of “Buy” and a consensus price target of $169.40.

Home Depot, Inc. (HD) traded up 1.89% during midday trading on Wednesday, hitting $155.82. The company had a trading volume of 3,419,079 shares. The company’s 50 day moving average is $150.35 and its 200-day moving average is $151.18. The company has a market cap of $183.68 billion, a P/E ratio of 22.43 and a beta of 1.07. Home Depot, Inc. has a one year low of $119.20 and a one year high of $160.86.

Home Depot, Inc. (The) (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The company had revenue of $28.11 billion for the quarter, compared to analyst estimates of $27.84 billion. During the same quarter last year, the firm earned $1.97 EPS. Home Depot, Inc. (The)’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, equities analysts predict that Home Depot, Inc. will post $7.32 EPS for the current year.

The company 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 dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend is Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is presently 51.15%.

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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