Twin Capital Management Inc. raised its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 5.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 104,460 shares of the home improvement retailer’s stock after acquiring an additional 5,160 shares during the quarter. Home Depot, Inc. (The) makes up about 0.9% of Twin Capital Management Inc.’s investment portfolio, making the stock its 19th biggest position. Twin Capital Management Inc.’s holdings in Home Depot, Inc. (The) were worth $16,024,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of HD. American Beacon Advisors Inc. bought a new stake in shares of Home Depot, Inc. (The) in the first quarter worth about $100,000. Riggs Asset Managment Co. Inc. increased its holdings in shares of Home Depot, Inc. (The) by 114.1% in the first 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 during the last quarter. St. Johns Investment Management Company LLC increased its holdings in shares of Home Depot, Inc. (The) by 81.8% in the second 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 during the last quarter. Mascoma Wealth Management LLC increased its holdings in shares of Home Depot, Inc. (The) by 0.6% in the second 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 during the last quarter. Finally, Thompson Davis & CO. Inc. increased its holdings in shares of Home Depot, Inc. (The) by 32.2% in the first quarter. Thompson Davis & CO. Inc. now owns 1,338 shares of the home improvement retailer’s stock worth $196,000 after purchasing an additional 326 shares during the last quarter. 71.36% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Home Depot, Inc. (HD) opened at $167.74 on Friday. The stock has a market capitalization of $197,450.00, a P/E ratio of 23.34, a P/E/G ratio of 1.71 and a beta of 1.08. Home Depot, Inc. has a twelve month low of $127.41 and a twelve month high of $168.43. The company has a quick ratio of 0.48, a current ratio of 1.30 and a debt-to-equity ratio of 6.87.

Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings data on Tuesday, November 14th. The home improvement retailer reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.03. The company had revenue of $25.03 billion during the quarter, compared to the consensus estimate of $24.53 billion. Home Depot, Inc. (The) had a net margin of 8.66% and a return on equity of 217.61%. Home Depot, Inc. (The)’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 firm posted $1.60 earnings per share. research analysts expect that Home Depot, Inc. will post 7.34 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Wednesday, November 29th. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is 49.38%.

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In related news, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction that occurred 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was 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 own 0.26% of the company’s stock.

Several equities research analysts have recently issued reports on the company. Argus lifted their target price on Home Depot, Inc. (The) from $180.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday. SunTrust Banks, Inc. lifted their target price on Home Depot, Inc. (The) to $167.00 and gave the stock a “hold” rating in a report on Wednesday. UBS AG reaffirmed a “buy” rating and issued a $186.00 target price (up from $175.00) on shares of Home Depot, Inc. (The) in a report on Wednesday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $182.00 target price on shares of Home Depot, Inc. (The) in a report on Thursday, August 10th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $178.00 target price on shares of Home Depot, Inc. (The) in a report on Wednesday, August 16th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. Home Depot, Inc. (The) currently has an average 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.

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Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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