Wellington Shields Capital Management LLC boosted its holdings in Home Depot, Inc. (The) (NYSE:HD) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,744 shares of the home improvement retailer’s stock after acquiring an additional 233 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in Home Depot, Inc. (The) were worth $2,722,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of HD. American Beacon Advisors Inc. bought a new position in Home Depot, Inc. (The) during the 1st quarter valued at $100,000. Riggs Asset Managment Co. Inc. boosted its stake in Home Depot, Inc. (The) by 114.1% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock valued at $109,000 after purchasing an additional 397 shares in the last quarter. University of Texas Investment Managment Co. bought a new position in Home Depot, Inc. (The) during the 1st quarter valued at $132,000. Peoples Financial Services CORP. boosted its stake in Home Depot, Inc. (The) by 13.9% during the 1st quarter. Peoples Financial Services CORP. now owns 1,025 shares of the home improvement retailer’s stock valued at $151,000 after purchasing an additional 125 shares in the last quarter. Finally, St. Johns Investment Management Company LLC boosted its stake in Home Depot, Inc. (The) by 81.8% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock valued at $169,000 after purchasing an additional 495 shares in the last quarter. Hedge funds and other institutional investors own 71.39% of the company’s stock.

Shares of Home Depot, Inc. (HD) traded down 0.11% during mid-day trading on Tuesday, hitting $157.63. The company had a trading volume of 1,745,375 shares. The firm’s 50-day moving average price is $153.06 and its 200 day moving average price is $151.98. The company has a market capitalization of $185.82 billion, a P/E ratio of 22.69 and a beta of 1.07. Home Depot, Inc. has a one year low of $119.20 and a one year high of $161.38.

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, topping the Zacks’ consensus estimate of $2.21 by $0.04. The firm had revenue of $28.11 billion during 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%. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.97 EPS. Analysts predict that Home Depot, Inc. will post $7.33 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Thursday, August 31st were paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date of this dividend was Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is presently 51.15%.

In other Home Depot, Inc. (The) news, 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 sale, the executive vice president now directly owns 33,147 shares of the company’s stock, valued at approximately $4,984,977.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the sale, the executive vice president now directly owns 62,483 shares in the company, valued at $9,816,079.30. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 57,717 shares of company stock valued at $8,916,321. Company insiders own 0.26% of the company’s stock.

HD has been the subject of a number of research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $176.00 price target on shares of Home Depot, Inc. (The) in a research note on Friday, June 16th. Zacks Investment Research lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Friday, September 8th. Vetr lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price target for the company. in a research note on Monday, June 19th. 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. Finally, Citigroup Inc. reissued a “buy” rating and set a $179.00 price objective on shares of Home Depot, Inc. (The) in a research note on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Home Depot, Inc. (The) has an average rating of “Buy” and an average target price of $169.98.

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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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