Alethea Capital Management LLC boosted its stake in shares of Home Depot, Inc. (The) (NYSE:HD) by 136.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,206 shares of the home improvement retailer’s stock after purchasing an additional 3,006 shares during the period. Alethea Capital Management LLC’s holdings in Home Depot, Inc. (The) were worth $798,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HD. American Beacon Advisors Inc. purchased a new stake in Home Depot, Inc. (The) during the first quarter valued at approximately $100,000. Riggs Asset Managment Co. Inc. increased its holdings in Home Depot, Inc. (The) by 114.1% during the first quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock valued at $109,000 after buying an additional 397 shares during the last quarter. St. Johns Investment Management Company LLC increased its holdings in Home Depot, Inc. (The) by 81.8% during the second quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock valued at $169,000 after buying an additional 495 shares during the last quarter. Mascoma Wealth Management LLC increased its holdings in Home Depot, Inc. (The) by 0.6% during the second quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock valued at $175,000 after buying an additional 7 shares during the last quarter. Finally, Thompson Davis & CO. Inc. increased its holdings in Home Depot, Inc. (The) by 32.2% during the first quarter. Thompson Davis & CO. Inc. now owns 1,338 shares of the home improvement retailer’s stock valued at $196,000 after buying an additional 326 shares during the last quarter. Institutional investors own 71.36% of the company’s stock.

Home Depot, Inc. (HD) opened at $167.50 on Friday. Home Depot, Inc. has a 12-month low of $125.70 and a 12-month high of $168.14. The company has a debt-to-equity ratio of 9.54, a quick ratio of 0.48 and a current ratio of 1.23. The company has a market cap of $195,059.02, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 1.68 and a beta of 1.08.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings data on Tuesday, November 14th. The home improvement retailer reported $1.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.81 by $0.03. Home Depot, Inc. (The) had a net margin of 8.66% and a return on equity of 238.88%. The business had revenue of $25.03 billion during the quarter, compared to analyst estimates of $24.53 billion. During the same quarter last year, the business earned $1.60 earnings per share. Home Depot, Inc. (The)’s quarterly revenue was up 8.1% compared to the same quarter last year. equities research analysts forecast that Home Depot, Inc. will post 7.37 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.13%. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is currently 49.44%.

COPYRIGHT VIOLATION NOTICE: “Home Depot, Inc. (The) (HD) Shares Bought by Alethea Capital Management LLC” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.thecerbatgem.com/2017/11/17/home-depot-inc-the-hd-shares-bought-by-alethea-capital-management-llc.html.

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 value of $2,255,850.00. Following the completion of the sale, the executive vice president now owns 33,147 shares in the company, valued at approximately $4,984,977.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Matt Carey sold 32,000 shares of the firm’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 completion of 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. 0.26% of the stock is owned by company insiders.

A number of analysts have commented on HD shares. Argus upped their target price on shares of Home Depot, Inc. (The) from $180.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday. Zacks Investment Research cut shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a report on Friday, September 8th. Oppenheimer Holdings, Inc. set a $178.00 target price on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Tuesday. Jefferies Group LLC reaffirmed a “buy” rating and set a $182.00 target price on shares of Home Depot, Inc. (The) in a report on Thursday, August 10th. Finally, SunTrust Banks, Inc. upped their target price on shares of Home Depot, Inc. (The) to $167.00 and gave the company a “hold” rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $175.66.

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)

Receive News & Stock Ratings for Home Depot Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot Inc. (The) and related stocks with our FREE daily email newsletter.