Somerville Kurt F lifted its stake in Home Depot, Inc. (The) (NYSE:HD) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,743 shares of the home improvement retailer’s stock after purchasing an additional 2,660 shares during the quarter. Home Depot, Inc. (The) comprises approximately 1.9% of Somerville Kurt F’s holdings, making the stock its 23rd largest position. Somerville Kurt F’s holdings in Home Depot, Inc. (The) were worth $9,472,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. American Beacon Advisors Inc. bought a new stake in shares of Home Depot, Inc. (The) in the 1st quarter worth approximately $100,000. Riggs Asset Managment Co. Inc. boosted its position in shares of Home Depot, Inc. (The) by 114.1% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock worth $109,000 after purchasing an additional 397 shares in the last quarter. University of Texas Investment Managment Co. bought a new stake in shares of Home Depot, Inc. (The) in the 1st quarter worth approximately $132,000. St. Johns Investment Management Company LLC boosted its position in shares of Home Depot, Inc. (The) by 81.8% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock worth $169,000 after purchasing an additional 495 shares in the last quarter. Finally, Mascoma Wealth Management LLC boosted 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 worth $175,000 after purchasing an additional 7 shares in the last quarter. 71.39% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently commented on HD. Sanford C. Bernstein reissued a “market perform” rating and issued a $152.00 price target on shares of Home Depot, Inc. (The) in a research report on Wednesday, July 12th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Home Depot, Inc. (The) in a research report on Monday, July 24th. Oppenheimer Holdings, Inc. set a $178.00 price objective on Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Tuesday, August 15th. Zacks Investment Research cut Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Finally, Wedbush reaffirmed a “market perform” rating on shares of Home Depot, Inc. (The) in a research report on Wednesday, August 16th. Two research 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’s stock. Home Depot, Inc. (The) presently has an average rating of “Buy” and an average target price of $169.90.

In other Home Depot, Inc. (The) news, EVP Matt Carey sold 32,000 shares of Home Depot, Inc. (The) stock in a transaction on 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 $9,816,079.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 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 have sold 57,717 shares of company stock valued at $8,916,321 over the last 90 days. 0.26% of the stock is currently owned by insiders.

Home Depot, Inc. (NYSE:HD) traded up 0.49% during midday trading on Friday, hitting $159.97. The stock had a trading volume of 3,576,479 shares. The firm has a market capitalization of $188.58 billion, a P/E ratio of 22.98 and a beta of 1.07. The firm has a 50-day moving average of $153.29 and a 200 day moving average of $152.05. Home Depot, Inc. has a 52-week low of $119.20 and a 52-week high of $161.38.

Home Depot, Inc. (The) (NYSE:HD) last posted its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.04. The company had revenue of $28.11 billion during the quarter, compared to the consensus estimate of $27.84 billion. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.97 earnings per share. On average, equities analysts forecast that Home Depot, Inc. will post $7.33 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Thursday, August 31st were given a dividend of $0.89 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $3.56 dividend on an annualized basis and a yield of 2.23%. Home Depot, Inc. (The)’s dividend payout ratio is presently 51.15%.

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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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