FundX Investment Group LLC held its position in shares of Home Depot, Inc. (The) (NYSE:HD) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 3,330 shares of the home improvement retailer’s stock at the end of the second quarter. Home Depot, Inc. (The) accounts for 0.2% of FundX Investment Group LLC’s investment portfolio, making the stock its 27th biggest holding. FundX Investment Group LLC’s holdings in Home Depot, Inc. (The) were worth $511,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Boston Partners purchased a new stake in shares of Home Depot, Inc. (The) during the 1st quarter worth approximately $326,895,000. Harbour Capital Advisors LLC raised its holdings in shares of Home Depot, Inc. (The) by 15,121.1% during the 2nd quarter. Harbour Capital Advisors LLC now owns 1,865,037 shares of the home improvement retailer’s stock worth $12,158,000 after acquiring an additional 1,852,784 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Home Depot, Inc. (The) by 43.4% during 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. Jennison Associates LLC raised its holdings in shares of Home Depot, Inc. (The) by 14.4% during the 2nd quarter. Jennison Associates LLC now owns 6,068,468 shares of the home improvement retailer’s stock worth $930,903,000 after acquiring an additional 761,586 shares in the last quarter. Finally, Karp Capital Management Corp purchased a new stake in shares of Home Depot, Inc. (The) during the 1st quarter worth approximately $99,739,000. Institutional investors and hedge funds own 71.14% of the company’s stock.

Several brokerages have recently issued reports on HD. Telsey Advisory Group upped their price objective on Home Depot, Inc. (The) from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 15th. Royal Bank Of Canada upped their price objective on Home Depot, Inc. (The) from $183.00 to $186.00 and gave the stock an “outperform” rating in a report on Wednesday, November 15th. UBS AG reaffirmed a “buy” rating and set a $186.00 price objective (up from $175.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, November 15th. BMO Capital Markets set a $176.00 price objective on Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Wednesday, November 15th. Finally, Argus upped their price objective on Home Depot, Inc. (The) from $180.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $175.66.

In other news, EVP Matt Carey sold 32,000 shares of the stock in a transaction 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 transaction, the executive vice president now owns 62,483 shares of the company’s stock, valued at approximately $9,816,079.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is currently owned by corporate insiders.

Home Depot, Inc. (NYSE HD) opened at $172.06 on Thursday. Home Depot, Inc. has a 12-month low of $128.68 and a 12-month high of $172.94. The company has a debt-to-equity ratio of 9.54, a quick ratio of 0.39 and a current ratio of 1.23. The stock has a market capitalization of $201,857.09, a price-to-earnings ratio of 24.01, a PEG ratio of 1.75 and a beta of 1.08.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share (EPS) for the quarter, topping 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 business had revenue of $25.03 billion for the quarter, compared to the consensus estimate of $24.53 billion. During the same quarter in the prior year, the company earned $1.60 EPS. The business’s revenue was up 8.1% compared to the same quarter last year. research analysts forecast that Home Depot, Inc. will post 7.37 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Wednesday, November 29th. Home Depot, Inc. (The)’s payout ratio is 49.44%.

ILLEGAL ACTIVITY NOTICE: This piece was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another publication, it was copied illegally and republished in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/11/23/fundx-investment-group-llc-maintains-stake-in-home-depot-inc-the-hd.html.

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.