Miracle Mile Advisors LLC purchased a new position in Home Depot Inc (NYSE:HD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,103 shares of the home improvement retailer’s stock, valued at approximately $228,000.

Other institutional investors have also bought and sold shares of the company. Amussen Hunsaker Associates LLC purchased a new position in Home Depot during the 2nd quarter worth approximately $107,000. CSat Investment Advisory L.P. purchased a new position in Home Depot during the 2nd quarter worth approximately $112,000. Mainstay Capital Management LLC ADV grew its position in Home Depot by 203.0% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 597 shares of the home improvement retailer’s stock worth $116,000 after purchasing an additional 400 shares in the last quarter. RPg Family Wealth Advisory LLC grew its position in Home Depot by 84.6% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 600 shares of the home improvement retailer’s stock worth $117,000 after purchasing an additional 275 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its position in Home Depot by 162.0% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 613 shares of the home improvement retailer’s stock worth $127,000 after purchasing an additional 379 shares in the last quarter. Hedge funds and other institutional investors own 69.75% of the company’s stock.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Home Depot from a “buy” rating to a “hold” rating in a research note on Monday, January 14th. Bank of America set a $195.00 target price on shares of Home Depot and gave the company a “hold” rating in a research note on Monday, December 10th. Credit Suisse Group decreased their target price on shares of Home Depot from $204.00 to $194.00 and set a “neutral” rating for the company in a research note on Thursday, November 15th. Deutsche Bank decreased their target price on shares of Home Depot from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, November 14th. Finally, Citigroup decreased their target price on shares of Home Depot from $227.00 to $226.00 and set a “buy” rating for the company in a research note on Wednesday, November 14th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Home Depot presently has a consensus rating of “Buy” and a consensus target price of $204.60.

HD stock opened at $184.54 on Friday. The company has a debt-to-equity ratio of 17.68, a current ratio of 1.09 and a quick ratio of 0.28. Home Depot Inc has a 1 year low of $158.09 and a 1 year high of $215.43. The firm has a market capitalization of $208.44 billion, a P/E ratio of 24.74, a price-to-earnings-growth ratio of 1.40 and a beta of 1.10.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, November 13th. The home improvement retailer reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.24. Home Depot had a net margin of 10.00% and a return on equity of 664.88%. The business had revenue of $26.30 billion during the quarter, compared to analyst estimates of $26.23 billion. During the same quarter in the previous year, the business earned $1.84 EPS. Home Depot’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities analysts forecast that Home Depot Inc will post 9.8 earnings per share for the current year.

In related news, EVP Ann Marie Campbell sold 13,457 shares of Home Depot stock in a transaction on Thursday, November 29th. The shares were sold at an average price of $172.64, for a total value of $2,323,216.48. Following the completion of the sale, the executive vice president now owns 56,198 shares of the company’s stock, valued at approximately $9,702,022.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Craig A. Menear sold 117,327 shares of the business’s stock in a transaction on Wednesday, November 14th. The stock was sold at an average price of $180.42, for a total transaction of $21,168,137.34. Following the transaction, the chief executive officer now directly owns 264,970 shares of the company’s stock, valued at approximately $47,805,887.40. The disclosure for this sale can be found here. In the last ninety days, insiders purchased 13,750 shares of company stock valued at $2,401,470 and sold 137,987 shares valued at $24,769,526. 0.25% of the stock is currently owned by insiders.

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About Home Depot

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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