Apriem Advisors boosted its stake in Home Depot, Inc. (The) (NYSE:HD) by 2.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,216 shares of the home improvement retailer’s stock after purchasing an additional 73 shares during the period. Apriem Advisors’ holdings in Home Depot, Inc. (The) were worth $493,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. American Beacon Advisors Inc. acquired a new stake in Home Depot, Inc. (The) in the 1st quarter valued at $100,000. Riggs Asset Managment Co. Inc. increased its holdings in 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 valued at $109,000 after purchasing an additional 397 shares in the last quarter. St. Johns Investment Management Company LLC increased its holdings in 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 valued at $169,000 after purchasing an additional 495 shares in the last quarter. Mascoma Wealth Management LLC increased its holdings in 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 valued at $175,000 after purchasing an additional 7 shares in the last quarter. Finally, Peoples Financial Services CORP. increased its holdings in Home Depot, Inc. (The) by 12.2% in the 2nd quarter. Peoples Financial Services CORP. now owns 1,150 shares of the home improvement retailer’s stock valued at $176,000 after purchasing an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 71.36% of the company’s stock.

Shares of Home Depot, Inc. (NYSE HD) opened at $165.47 on Thursday. The firm has a market capitalization of $198,112.16, a P/E ratio of 23.34, a PEG ratio of 1.71 and a beta of 1.08. The company has a current ratio of 1.30, a quick ratio of 0.48 and a debt-to-equity ratio of 6.87. Home Depot, Inc. has a twelve month low of $123.28 and a twelve month high of $168.14.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.81 by $0.03. The company had revenue of $25.03 billion for the quarter, compared to analysts’ expectations of $24.53 billion. Home Depot, Inc. (The) had a return on equity of 217.61% and a net margin of 8.66%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 earnings per share. sell-side analysts forecast that Home Depot, Inc. will post 7.34 EPS for the current year.

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In other news, EVP Matt Carey sold 32,000 shares of Home Depot, Inc. (The) stock in a transaction that occurred on 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 owns 62,483 shares of the company’s stock, valued at $9,816,079.30. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. (The) 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 in the company, valued at approximately $4,984,977.33. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

Several brokerages have recently weighed in on HD. Argus raised their target price on Home Depot, Inc. (The) from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday. SunTrust Banks, Inc. raised their target price on Home Depot, Inc. (The) to $167.00 and gave the company a “hold” rating in a research note on Wednesday. UBS AG restated a “buy” rating and set a $186.00 target price (up from $175.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday. BMO Capital Markets set a $176.00 target price on Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday. Finally, Jefferies Group LLC restated a “buy” rating and set a $182.00 target price on shares of Home Depot, Inc. (The) in a research note on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Home Depot, Inc. (The) currently has an average rating of “Buy” and an average target price of $175.30.

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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