Colonial Trust Advisors increased its position in shares of Home Depot, Inc. (The) (NYSE:HD) by 5.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,615 shares of the home improvement retailer’s stock after acquiring an additional 1,290 shares during the quarter. Home Depot, Inc. (The) comprises 1.2% of Colonial Trust Advisors’ holdings, making the stock its 24th biggest position. Colonial Trust Advisors’ holdings in Home Depot, Inc. (The) were worth $3,845,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp grew its position in Home Depot, Inc. (The) by 0.7% during the 1st quarter. State Street Corp now owns 55,747,883 shares of the home improvement retailer’s stock worth $8,185,463,000 after purchasing an additional 396,271 shares during the last quarter. Fisher Asset Management LLC grew its position in Home Depot, Inc. (The) by 1.3% during the 1st quarter. Fisher Asset Management LLC now owns 8,649,798 shares of the home improvement retailer’s stock worth $1,270,050,000 after purchasing an additional 108,242 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Home Depot, Inc. (The) by 43.4% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 5,731,806 shares of the home improvement retailer’s stock worth $841,602,000 after purchasing an additional 1,734,963 shares during the last quarter. Jennison Associates LLC grew its position in Home Depot, Inc. (The) by 11.7% during the 1st quarter. Jennison Associates LLC now owns 5,304,624 shares of the home improvement retailer’s stock worth $778,878,000 after purchasing an additional 556,596 shares during the last quarter. Finally, Pioneer Investment Management Inc. grew its position in Home Depot, Inc. (The) by 6.6% during the 1st quarter. Pioneer Investment Management Inc. now owns 4,893,585 shares of the home improvement retailer’s stock worth $718,525,000 after purchasing an additional 301,905 shares during the last quarter. Hedge funds and other institutional investors own 71.45% of the company’s stock.

Home Depot, Inc. (NYSE:HD) traded down 1.20% during trading on Monday, reaching $157.74. 5,054,277 shares of the company’s stock were exchanged. The firm has a market capitalization of $185.95 billion, a price-to-earnings ratio of 22.70 and a beta of 1.07. The stock has a 50-day moving average price of $151.09 and a 200 day moving average price of $151.42. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $160.86.

Home Depot, Inc. (The) (NYSE:HD) last announced 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. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The firm had revenue of $28.11 billion during the quarter, compared to the consensus estimate of $27.84 billion. During the same quarter in the previous year, the company posted $1.97 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. Equities research analysts forecast that Home Depot, Inc. will post $7.32 earnings per share for the current fiscal year.

The company also recently announced 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. This represents a $3.56 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is 51.15%.

HD has been the topic of several research analyst reports. Vetr downgraded shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 target price on the stock. in a research report on Monday, June 19th. Barclays PLC reissued an “overweight” rating and set a $165.00 target price (up previously from $150.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, May 17th. Royal Bank Of Canada reissued an “outperform” rating and set a $176.00 target price on shares of Home Depot, Inc. (The) in a research report on Friday, June 16th. Citigroup Inc. reissued a “buy” rating and set a $179.00 target price (up previously from $168.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, May 17th. Finally, Robert W. Baird set a $175.00 target price on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday, May 17th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $169.40.

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In related news, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $157.10, for a total value of $5,027,200.00. Following the completion of the transaction, the executive vice president now owns 62,483 shares of the company’s stock, valued at approximately $9,816,079.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the business’s stock in a transaction dated Monday, August 21st. The shares were 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 directly 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. Insiders sold a total of 57,717 shares of company stock valued at $8,916,321 in the last three months. 0.26% of the stock is currently owned by corporate 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.

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Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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