Carl Domino Inc cut its position in Home Depot, Inc. (The) (NYSE:HD) by 9.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,833 shares of the home improvement retailer’s stock after selling 1,185 shares during the quarter. Home Depot, Inc. (The) accounts for about 1.9% of Carl Domino Inc’s portfolio, making the stock its 7th largest holding. Carl Domino Inc’s holdings in Home Depot, Inc. (The) were worth $1,662,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Jackson Grant Investment Advisers Inc. raised its position in shares of Home Depot, Inc. (The) by 0.4% in the 1st quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock valued at $241,000 after buying an additional 6 shares in the last quarter. Mascoma Wealth Management LLC raised its position in shares of Home Depot, Inc. (The) by 0.6% in the 2nd quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock valued at $175,000 after buying an additional 7 shares in the last quarter. Pineno Levin & Ford Asset Management Inc. raised its position in shares of Home Depot, Inc. (The) by 0.3% in the 1st quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock valued at $400,000 after buying an additional 9 shares in the last quarter. Piershale Financial Group Inc. raised its position in shares of Home Depot, Inc. (The) by 0.6% in the 1st quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock valued at $322,000 after buying an additional 13 shares in the last quarter. Finally, Baldwin Brothers Inc. MA raised its position in shares of Home Depot, Inc. (The) by 1.8% in the 1st quarter. Baldwin Brothers Inc. MA now owns 1,354 shares of the home improvement retailer’s stock valued at $199,000 after buying an additional 24 shares in the last quarter. Institutional investors own 71.45% of the company’s stock.

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Home Depot, Inc. (HD) traded up 0.3655% during midday trading on Wednesday, hitting $160.4944. 2,354,516 shares of the stock were exchanged. The company’s 50 day moving average is $151.74 and its 200-day moving average is $151.62. Home Depot, Inc. has a 1-year low of $119.20 and a 1-year high of $161.38. The stock has a market cap of $189.19 billion, a PE ratio of 23.0994 and a beta of 1.07.

Home Depot, Inc. (The) (NYSE:HD) last issued its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $27.84 billion. During the same quarter last year, the business earned $1.97 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. On average, analysts expect that Home Depot, Inc. will post $7.32 earnings per share for the current year.

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

HD has been the subject of several analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $176.00 target price on shares of Home Depot, Inc. (The) in a research report on Friday, June 16th. Robert W. Baird set a $175.00 target price on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, May 17th. Zacks Investment Research cut shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Vetr cut shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 target price for the company. in a research report on Monday, June 19th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $182.00 target price on shares of Home Depot, Inc. (The) in a research report on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $169.86.

In related news, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. (The) stock in a transaction on 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 sale, the executive vice president now owns 33,147 shares in the company, valued at $4,984,977.33. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ann Marie Campbell sold 10,717 shares of Home Depot, Inc. (The) stock in a transaction on 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 sale, the executive vice president now owns 64,810 shares in the company, valued at approximately $9,877,044. The disclosure for this sale can be found here. Insiders sold 57,717 shares of company stock worth $8,916,321 in the last 90 days. Company 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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