Hoertkorn Richard Charles trimmed its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 0.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 42,335 shares of the home improvement retailer’s stock after selling 165 shares during the period. Home Depot, Inc. (The) makes up 4.3% of Hoertkorn Richard Charles’ investment portfolio, making the stock its 9th largest holding. Hoertkorn Richard Charles’ holdings in Home Depot, Inc. (The) were worth $6,494,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. American Beacon Advisors Inc. bought a new stake in shares of Home Depot, Inc. (The) in the 1st quarter valued at $100,000. Riggs Asset Managment Co. Inc. lifted its position in shares of 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 acquiring an additional 397 shares during the period. University of Texas Investment Managment Co. acquired a new position in shares of Home Depot, Inc. (The) during the 1st quarter valued at $132,000. Motco lifted its position in shares of Home Depot, Inc. (The) by 79.3% during the 1st quarter. Motco now owns 1,244 shares of the home improvement retailer’s stock valued at $183,000 after acquiring an additional 550 shares during the period. Finally, Thompson Davis & CO. Inc. lifted its position in shares of Home Depot, Inc. (The) by 32.2% during the 1st quarter. Thompson Davis & CO. Inc. now owns 1,338 shares of the home improvement retailer’s stock valued at $196,000 after acquiring an additional 326 shares during the period. Hedge funds and other institutional investors own 71.39% of the company’s stock.

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Home Depot, Inc. (HD) traded up 0.13% during trading on Monday, reaching $163.77. 1,425,085 shares of the company traded hands. The firm has a market capitalization of $193.05 billion, a price-to-earnings ratio of 23.57 and a beta of 1.07. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $164.25. The company’s 50-day moving average price is $153.29 and its 200 day moving average price is $152.05.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings data on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The business had revenue of $28.11 billion for the quarter, compared to analysts’ expectations of $27.84 billion. During the same period in the prior year, the firm posted $1.97 EPS. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. On average, equities research analysts expect 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. Shareholders of record on Thursday, August 31st were issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date was Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is 51.15%.

HD has been the topic of several research analyst reports. Piper Jaffray Companies reissued a “hold” rating and set a $164.00 target price on shares of Home Depot, Inc. (The) in a research note on Sunday. Zacks Investment Research downgraded shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $179.00 price target on shares of Home Depot, Inc. (The) in a research note on Monday, September 18th. BMO Capital Markets reiterated an “outperform” rating on shares of Home Depot, Inc. (The) in a report on Tuesday, September 12th. Finally, Robert W. Baird set a $175.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Sunday, September 10th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $171.69.

In other news, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’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 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 SEC, which is accessible through this hyperlink. Also, EVP Matt Carey sold 32,000 shares of the firm’s stock in a transaction dated Thursday, September 7th. The shares were 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 approximately $9,816,079.30. The disclosure for this sale can be found here. In the last three months, insiders sold 57,717 shares of company stock valued at $8,916,321. Corporate 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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