Coldstream Capital Management Inc. lowered its holdings in Home Depot Inc (NYSE:HD) by 6.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,833 shares of the home improvement retailer’s stock after selling 1,334 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Home Depot were worth $3,713,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the business. Assetmark Inc. raised its position in shares of Home Depot by 7.3% during the first quarter. Assetmark Inc. now owns 228,888 shares of the home improvement retailer’s stock worth $40,797,000 after acquiring an additional 15,518 shares during the last quarter. WealthPLAN Partners LLC increased its holdings in Home Depot by 106.1% in the first quarter. WealthPLAN Partners LLC now owns 5,471 shares of the home improvement retailer’s stock valued at $975,000 after purchasing an additional 2,817 shares during the last quarter. Rainier Group Investment Advisory LLC increased its holdings in Home Depot by 35.3% in the first quarter. Rainier Group Investment Advisory LLC now owns 5,368 shares of the home improvement retailer’s stock valued at $957,000 after purchasing an additional 1,400 shares during the last quarter. Kiwi Wealth Investments Limited Partnership increased its holdings in Home Depot by 30.5% in the first quarter. Kiwi Wealth Investments Limited Partnership now owns 105,392 shares of the home improvement retailer’s stock valued at $18,785,000 after purchasing an additional 24,628 shares during the last quarter. Finally, Verition Fund Management LLC bought a new stake in Home Depot in the first quarter valued at about $1,425,000. 68.94% of the stock is currently owned by institutional investors.

Shares of Home Depot stock opened at $194.14 on Tuesday. Home Depot Inc has a 1 year low of $146.89 and a 1 year high of $207.60. The stock has a market capitalization of $226.44 billion, a price-to-earnings ratio of 26.02, a price-to-earnings-growth ratio of 1.50 and a beta of 1.14. The company has a quick ratio of 0.37, a current ratio of 1.17 and a debt-to-equity ratio of 14.37.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, May 15th. The home improvement retailer reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.03. Home Depot had a return on equity of 399.15% and a net margin of 8.85%. The company had revenue of $24.95 billion during the quarter, compared to the consensus estimate of $25.17 billion. During the same period in the prior year, the company earned $1.67 earnings per share. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. research analysts predict that Home Depot Inc will post 9.46 EPS for the current fiscal year.

A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded Home Depot from a “buy” rating to a “hold” rating in a report on Wednesday, July 18th. UBS Group upped their price objective on Home Depot from $212.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, June 20th. Citigroup upped their price objective on Home Depot from $205.00 to $220.00 and gave the company a “positive” rating in a report on Friday. Loop Capital set a $200.00 price objective on Home Depot and gave the company a “hold” rating in a report on Wednesday, July 11th. Finally, ValuEngine upgraded Home Depot from a “hold” rating to a “buy” rating in a report on Monday, July 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty-five have assigned a buy rating and one has given a strong buy rating to the stock. Home Depot currently has a consensus rating of “Buy” and a consensus target price of $198.32.

In other Home Depot news, EVP Mark Holifield sold 45,549 shares of the stock in a transaction dated Wednesday, May 16th. The stock was sold at an average price of $186.84, for a total value of $8,510,375.16. Following the completion of the sale, the executive vice president now directly owns 51,879 shares in the company, valued at $9,693,072.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephanie Linnartz purchased 1,000 shares of the stock in a transaction on Friday, June 1st. The stock was acquired at an average price of $187.57 per share, with a total value of $187,570.00. The disclosure for this purchase can be found here. 0.25% of the stock is owned by corporate insiders.

Home Depot Profile

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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