Deltec Asset Management LLC increased its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 1.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,433 shares of the home improvement retailer’s stock after purchasing an additional 450 shares during the period. Deltec Asset Management LLC’s holdings in Home Depot, Inc. (The) were worth $5,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Jackson Grant Investment Advisers Inc. raised its holdings in shares of Home Depot, Inc. (The) by 0.4% during the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock worth $241,000 after purchasing an additional 6 shares during the last quarter. Mascoma Wealth Management LLC raised its holdings in shares of Home Depot, Inc. (The) by 0.6% during the second quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock worth $175,000 after purchasing an additional 7 shares during the last quarter. Pineno Levin & Ford Asset Management Inc. raised its holdings in shares of Home Depot, Inc. (The) by 0.3% during 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 purchasing an additional 9 shares during the last quarter. Piershale Financial Group Inc. raised its holdings in shares of Home Depot, Inc. (The) by 0.6% during the first quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock worth $322,000 after purchasing an additional 13 shares during the last quarter. Finally, Baldwin Brothers Inc. MA raised its holdings in shares of Home Depot, Inc. (The) by 1.8% during the first quarter. Baldwin Brothers Inc. MA now owns 1,354 shares of the home improvement retailer’s stock worth $199,000 after purchasing an additional 24 shares during the last quarter. 71.45% of the stock is owned by hedge funds and other institutional investors.

Home Depot, Inc. (HD) traded down 0.61% during trading on Friday, reaching $158.40. 9,124,244 shares of the company were exchanged. The stock has a 50 day moving average price of $152.78 and a 200 day moving average price of $151.82. Home Depot, Inc. has a 12 month low of $119.20 and a 12 month high of $161.38. The firm has a market capitalization of $186.72 billion, a PE ratio of 22.80 and a beta of 1.07.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, topping 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 company had revenue of $28.11 billion for the quarter, compared to analysts’ expectations of $27.84 billion. During the same period last year, the company earned $1.97 EPS. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, analysts expect that Home Depot, Inc. will post $7.33 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, September 14th. Shareholders of record on Thursday, August 31st were paid a dividend of $0.89 per share. The ex-dividend date was Tuesday, August 29th. This represents a $3.56 annualized dividend and a dividend yield of 2.25%. Home Depot, Inc. (The)’s dividend payout ratio is currently 51.15%.

In related news, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’s stock in a transaction that occurred 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 directly owns 33,147 shares of the company’s stock, valued at $4,984,977.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ann Marie Campbell sold 10,717 shares of the firm’s 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 completion of the sale, the executive vice president now directly owns 64,810 shares in the company, valued at $9,877,044. The disclosure for this sale can be found here. Insiders have sold a total of 57,717 shares of company stock worth $8,916,321 over the last ninety days. 0.26% of the stock is owned by corporate insiders.

Several brokerages recently issued reports on HD. Zacks Investment Research raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $167.00 target price for the company in a report on Thursday, August 24th. Vetr raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $160.62 target price for the company in a report on Tuesday, May 30th. Longbow Research reissued a “buy” rating and set a $175.00 target price on shares of Home Depot, Inc. (The) in a report on Monday, August 14th. BidaskClub cut shares of Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a report on Wednesday, August 23rd. Finally, Barclays PLC set a $165.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $169.86.

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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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