D. Scott Neal Inc. decreased its position in Home Depot, Inc. (The) (NYSE:HD) by 5.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 666 shares of the home improvement retailer’s stock after selling 35 shares during the quarter. D. Scott Neal Inc.’s holdings in Home Depot, Inc. (The) were worth $102,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp grew its position in shares of Home Depot, Inc. (The) by 0.7% in the 1st quarter. State Street Corp now owns 55,747,883 shares of the home improvement retailer’s stock worth $8,185,463,000 after acquiring an additional 396,271 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of Home Depot, Inc. (The) by 1.3% in the 1st quarter. Fisher Asset Management LLC now owns 8,649,798 shares of the home improvement retailer’s stock worth $1,270,050,000 after acquiring an additional 108,242 shares in the last quarter. Clearbridge Investments LLC grew its position in shares of Home Depot, Inc. (The) by 1.8% in the 1st quarter. Clearbridge Investments LLC now owns 7,890,301 shares of the home improvement retailer’s stock worth $1,158,533,000 after acquiring an additional 140,221 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in shares of Home Depot, Inc. (The) by 43.4% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 5,731,806 shares of the home improvement retailer’s stock worth $841,602,000 after acquiring an additional 1,734,963 shares in the last quarter. Finally, Jennison Associates LLC grew its position in shares of Home Depot, Inc. (The) by 11.7% in the 1st quarter. Jennison Associates LLC now owns 5,304,624 shares of the home improvement retailer’s stock worth $778,878,000 after acquiring an additional 556,596 shares in the last quarter. Institutional investors own 71.38% of the company’s stock.

HD has been the subject of several research reports. Zacks Investment Research lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Robert W. Baird set a $175.00 target price on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research report on Sunday, September 10th. Royal Bank Of Canada reiterated a “buy” rating and issued a $179.00 target price on shares of Home Depot, Inc. (The) in a research report on Monday, September 18th. Bank of America Corporation restated a “buy” rating and set a $170.00 price objective on shares of Home Depot, Inc. (The) in a research report on Tuesday, September 5th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Home Depot, Inc. (The) in a research report on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $172.38.

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Home Depot, Inc. (NYSE HD) traded up 0.07% during trading on Monday, hitting $165.96. The company had a trading volume of 943,254 shares. The stock has a market capitalization of $195.64 billion, a PE ratio of 23.89 and a beta of 1.07. Home Depot, Inc. has a one year low of $119.20 and a one year high of $166.63. The stock has a 50-day moving average of $157.07 and a 200-day moving average of $153.39.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $27.84 billion. During the same quarter last year, the company posted $1.97 earnings per share. Home Depot, Inc. (The)’s quarterly revenue was up 6.2% on a year-over-year basis. On average, equities analysts anticipate that Home Depot, Inc. will post $7.33 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Thursday, August 31st were issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is currently 51.15%.

In other news, EVP Ann Marie Campbell sold 10,717 shares of the business’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 owns 64,810 shares in the company, valued at $9,877,044. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $157.10, for a total value of $5,027,200.00. Following the sale, the executive vice president now owns 62,483 shares of the company’s stock, valued at approximately $9,816,079.30. The disclosure for this sale can be found here. Insiders have sold 57,717 shares of company stock valued at $8,916,321 in the last quarter. 0.26% of the stock is currently owned by corporate insiders.

Home Depot, Inc. (The) 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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