Marble Harbor Investment Counsel LLC lifted its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 4.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,263 shares of the home improvement retailer’s stock after acquiring an additional 284 shares during the quarter. Marble Harbor Investment Counsel LLC’s holdings in Home Depot were worth $1,114,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. American Beacon Advisors Inc. acquired a new position in Home Depot in the first quarter worth about $100,000. St. Johns Investment Management Company LLC grew its stake in Home Depot 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 in the last quarter. Mascoma Wealth Management LLC grew its stake in Home Depot 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 in the last quarter. Ruggie Capital Group grew its stake in Home Depot by 12.2% in the second quarter. Ruggie Capital Group now owns 1,299 shares of the home improvement retailer’s stock worth $199,000 after purchasing an additional 141 shares in the last quarter. Finally, Well Done LLC acquired a new position in Home Depot in the second quarter worth about $201,000. 69.70% of the stock is currently owned by institutional investors and hedge funds.

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 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.26% of the stock is owned by insiders.

A number of equities analysts recently commented on HD shares. Bank of America restated a “buy” rating and issued a $170.00 target price on shares of Home Depot in a research note on Tuesday, September 5th. Vetr upgraded Home Depot from a “buy” rating to a “strong-buy” rating and set a $166.59 target price for the company in a research note on Monday, August 28th. Zacks Investment Research downgraded Home Depot from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Credit Suisse Group set a $171.00 target price on Home Depot and gave the company a “buy” rating in a research note on Friday, October 13th. Finally, BidaskClub downgraded Home Depot from a “hold” rating to a “sell” rating in a research note on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Home Depot presently has an average rating of “Buy” and a consensus target price of $176.82.

Shares of Home Depot, Inc. (NYSE HD) opened at $180.42 on Friday. Home Depot, Inc. has a twelve month low of $128.68 and a twelve month high of $180.67. The company has a market capitalization of $209,981.72, a P/E ratio of 24.98, a P/E/G ratio of 1.82 and a beta of 1.11. 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 (NYSE:HD) last announced its earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.81 by $0.03. Home Depot had a return on equity of 238.88% and a net margin of 8.66%. The firm had revenue of $25.03 billion for the quarter, compared to analysts’ expectations of $24.53 billion. During the same quarter in the previous year, the company earned $1.60 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. analysts expect that Home Depot, Inc. will post 7.38 EPS for the current 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. The ex-dividend date is Wednesday, November 29th. This represents a $3.56 annualized dividend and a yield of 1.97%. Home Depot’s payout ratio is 49.44%.

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Home Depot 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 (NYSE:HD)

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