Great West Life Assurance Co. Can decreased its holdings in shares of Home Depot Inc (NYSE:HD) by 4.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,054,735 shares of the home improvement retailer’s stock after selling 44,077 shares during the period. Great West Life Assurance Co. Can owned approximately 0.09% of Home Depot worth $218,683,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Pinnacle Financial Partners Inc. raised its position in shares of Home Depot by 13.5% in the third quarter. Pinnacle Financial Partners Inc. now owns 21,114 shares of the home improvement retailer’s stock valued at $4,374,000 after purchasing an additional 2,504 shares during the period. Parsons Capital Management Inc. RI boosted its stake in Home Depot by 1.9% during the second quarter. Parsons Capital Management Inc. RI now owns 49,045 shares of the home improvement retailer’s stock worth $9,569,000 after buying an additional 938 shares in the last quarter. Physicians Financial Services Inc. boosted its stake in Home Depot by 3.3% during the second quarter. Physicians Financial Services Inc. now owns 8,676 shares of the home improvement retailer’s stock worth $1,693,000 after buying an additional 280 shares in the last quarter. Sanders Morris Harris LLC boosted its stake in Home Depot by 5.6% during the third quarter. Sanders Morris Harris LLC now owns 5,619 shares of the home improvement retailer’s stock worth $1,164,000 after buying an additional 300 shares in the last quarter. Finally, Private Wealth Partners LLC boosted its stake in Home Depot by 2.1% during the third quarter. Private Wealth Partners LLC now owns 39,983 shares of the home improvement retailer’s stock worth $8,282,000 after buying an additional 838 shares in the last quarter. Institutional investors own 71.53% of the company’s stock.

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

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, November 13th. The home improvement retailer reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.24. The company had revenue of $26.30 billion during the quarter, compared to analysts’ expectations of $26.23 billion. Home Depot had a return on equity of 664.88% and a net margin of 10.00%. Home Depot’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.84 EPS. As a group, sell-side analysts expect that Home Depot Inc will post 9.8 earnings per share for the current fiscal year.

In related news, EVP Teresa Wynn Roseborough sold 7,203 shares of the business’s stock in a transaction that occurred on Friday, December 7th. The stock was sold at an average price of $177.45, for a total value of $1,278,172.35. Following the completion of the transaction, the executive vice president now directly owns 23,109 shares in the company, valued at approximately $4,100,692.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ann Marie Campbell sold 13,457 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 56,198 shares of the company’s stock, valued at $9,702,022.72. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 13,750 shares of company stock valued at $2,401,470 and sold 137,987 shares valued at $24,769,526. Corporate insiders own 0.25% of the company’s stock.

Several equities research analysts have recently commented on the stock. Robert W. Baird reduced their target price on shares of Home Depot from $215.00 to $210.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 13th. Morgan Stanley reduced their target price on shares of Home Depot from $225.00 to $200.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 23rd. Loop Capital reduced their target price on shares of Home Depot from $200.00 to $180.00 and set a “hold” rating on the stock in a research note on Tuesday, November 13th. Zacks Investment Research upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Wednesday, October 24th. Finally, Credit Suisse Group set a $204.00 target price on shares of Home Depot and gave the company a “hold” rating in a research note on Tuesday, November 13th. Eight analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $204.60.

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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.

Further Reading: Quiet Period

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

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