The Home Depot, Inc. (NYSE:HD) Shares Sold by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. decreased its position in The Home Depot, Inc. (NYSE:HD) by 8.2% during the 1st quarter, Holdings Channel reports. The firm owned 1,980 shares of the home improvement retailer’s stock after selling 177 shares during the quarter. Tilia Fiduciary Partners Inc.’s holdings in Home Depot were worth $726,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Wingate Wealth Advisors Inc. acquired a new stake in shares of Home Depot during the fourth quarter valued at $28,000. Navigoe LLC acquired a new stake in Home Depot in the 4th quarter worth about $29,000. Bradley & Co. Private Wealth Management LLC acquired a new stake in Home Depot in the 4th quarter worth about $32,000. Quarry LP boosted its stake in Home Depot by 220.0% in the 4th quarter. Quarry LP now owns 96 shares of the home improvement retailer’s stock worth $37,000 after buying an additional 66 shares during the last quarter. Finally, Marshall Investment Management LLC acquired a new stake in Home Depot in the 4th quarter worth about $41,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Price Performance

Shares of NYSE HD opened at $367.45 on Friday. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $439.37. The business has a 50 day moving average price of $361.63 and a two-hundred day moving average price of $384.62. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. The firm has a market cap of $365.59 billion, a PE ratio of 24.96, a price-to-earnings-growth ratio of 4.03 and a beta of 1.02.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, May 20th. The home improvement retailer reported $3.56 earnings per share for the quarter, missing analysts’ consensus estimates of $3.59 by ($0.03). Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The business had revenue of $39.86 billion for the quarter, compared to analyst estimates of $39.24 billion. During the same quarter last year, the business earned $3.63 EPS. Home Depot’s revenue for the quarter was up 9.4% compared to the same quarter last year. Sell-side analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, June 5th will be given a $2.30 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $9.20 annualized dividend and a dividend yield of 2.50%. Home Depot’s payout ratio is 62.42%.

Analysts Set New Price Targets

A number of brokerages have issued reports on HD. Hsbc Global Res raised Home Depot from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, February 26th. Royal Bank of Canada decreased their price target on Home Depot from $424.00 to $399.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 15th. TD Securities lowered Home Depot to a “buy” rating in a research note on Monday, June 2nd. Stifel Nicolaus upgraded Home Depot from a “hold” rating to a “buy” rating and raised their price objective for the stock from $405.00 to $425.00 in a report on Wednesday, May 21st. Finally, Wells Fargo & Company cut their price objective on Home Depot from $445.00 to $420.00 and set an “overweight” rating on the stock in a report on Thursday, May 8th. Seven equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $426.77.

Insider Transactions at Home Depot

In related news, EVP Fahim Siddiqui sold 2,600 shares of the business’s stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $367.14, for a total transaction of $954,564.00. Following the completion of the transaction, the executive vice president now owns 7,951 shares in the company, valued at $2,919,130.14. The trade was a 24.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 5,406 shares of Home Depot stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $369.28, for a total value of $1,996,327.68. Following the sale, the executive vice president now directly owns 17,367 shares in the company, valued at $6,413,285.76. The trade was a 23.74% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.10% of the company’s stock.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.