Alpha Omega Wealth Management LLC decreased its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 12.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,197 shares of the home improvement retailer’s stock after selling 311 shares during the period. Alpha Omega Wealth Management LLC’s holdings in Home Depot, Inc. (The) were worth $337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. American Beacon Advisors Inc. purchased a new position in shares of Home Depot, Inc. (The) during the 1st quarter valued at approximately $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 buying an additional 397 shares in the last quarter. St. Johns Investment Management Company LLC lifted its position in shares of Home Depot, Inc. (The) by 81.8% during 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 buying an additional 495 shares in the last quarter. Mascoma Wealth Management LLC lifted its position in shares of Home Depot, Inc. (The) by 0.6% during the 2nd 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 in the last quarter. Finally, Ruggie Capital Group lifted its position in shares of Home Depot, Inc. (The) by 12.2% during the 2nd quarter. Ruggie Capital Group now owns 1,299 shares of the home improvement retailer’s stock valued at $199,000 after buying an additional 141 shares in the last quarter. Hedge funds and other institutional investors own 71.14% of the company’s stock.

Home Depot, Inc. (NYSE:HD) opened at $172.86 on Wednesday. Home Depot, Inc. has a twelve month low of $128.38 and a twelve month high of $172.86. The company has a market capitalization of $200,941.33, a PE ratio of 23.67, a P/E/G ratio of 1.73 and a beta of 1.08. The company has a current ratio of 1.23, a quick ratio of 0.39 and a debt-to-equity ratio of 9.54.

Home Depot, Inc. (The) (NYSE:HD) last announced its earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.03. Home Depot, Inc. (The) had a return on equity of 238.88% and a net margin of 8.66%. The company had revenue of $25.03 billion during the quarter, compared to analysts’ expectations of $24.53 billion. During the same period last year, the business posted $1.60 EPS. Home Depot, Inc. (The)’s revenue for the quarter was up 8.1% on a year-over-year basis. equities analysts anticipate that Home Depot, Inc. will post 7.37 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Wednesday, November 29th. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is 49.44%.

In related news, 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 transaction, the executive vice president now directly owns 62,483 shares in the company, valued at approximately $9,816,079.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.26% of the company’s stock.

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A number of research analysts have recently issued reports on the company. Telsey Advisory Group increased their target price on Home Depot, Inc. (The) from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 15th. Royal Bank Of Canada increased their target price on Home Depot, Inc. (The) from $183.00 to $186.00 and gave the company an “outperform” rating in a research report on Wednesday, November 15th. UBS AG reiterated a “buy” rating and set a $186.00 target price (up previously from $175.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, November 15th. BMO Capital Markets set a $176.00 target price on Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, November 15th. Finally, Argus increased their price objective on Home Depot, Inc. (The) from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, November 15th. Two analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently 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)

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