Investors purchased shares of The Home Depot Inc. (NYSE:HD) on weakness during trading on Wednesday. $154.84 million flowed into the stock on the tick-up and $115.56 million flowed out of the stock on the tick-down, for a money net flow of $39.28 million into the stock. Of all stocks tracked, The Home Depot had the 12th highest net in-flow for the day. The Home Depot traded down ($1.28) for the day and closed at $133.56

A number of equities analysts have commented on HD shares. Oppenheimer Holdings Inc. reissued a “buy” rating on shares of The Home Depot in a research note on Wednesday, March 16th. Barclays PLC started coverage on shares of The Home Depot in a research note on Wednesday, March 30th. They issued an “overweight” rating and a $150.00 price target for the company. Goldman Sachs Group Inc. boosted their price target on shares of The Home Depot from $137.00 to $143.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 6th. Jefferies Group reissued a “buy” rating and issued a $140.00 price target on shares of The Home Depot in a research note on Friday, April 8th. Finally, Vetr raised shares of The Home Depot from a “hold” rating to a “buy” rating and set a $140.59 price target for the company in a research note on Wednesday, April 13th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nineteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $144.51.

The stock has a 50-day moving average of $129.85 and a 200 day moving average of $128.88. The firm has a market capitalization of $166.15 billion and a P/E ratio of 23.46.

The Home Depot (NYSE:HD) last issued its earnings results on Tuesday, May 17th. The home improvement retailer reported $1.44 EPS for the quarter, beating the Zacks’ consensus estimate of $1.35 by $0.09. During the same quarter in the prior year, the company earned $1.16 EPS. The firm earned $22.80 billion during the quarter, compared to analysts’ expectations of $22.35 billion. The Home Depot’s quarterly revenue was up 9.0% on a year-over-year basis. Equities research analysts anticipate that The Home Depot Inc. will post $6.31 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 16th. Investors of record on Thursday, June 2nd were given a $0.69 dividend. The ex-dividend date was Tuesday, May 31st. This represents a $2.76 dividend on an annualized basis and a yield of 2.07%.

In related news, EVP William G. Lennie sold 22,996 shares of the company’s stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of $131.49, for a total value of $3,023,744.04. Following the sale, the executive vice president now owns 57,361 shares in the company, valued at $7,542,397.89. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Wayne M. Hewett bought 350 shares of the company’s stock in a transaction that occurred on Tuesday, May 31st. The stock was purchased at an average price of $132.53 per share, for a total transaction of $46,385.50. Following the transaction, the director now owns 1,050 shares of the company’s stock, valued at $139,156.50. The disclosure for this purchase can be found here.

Other large investors recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC raised its stake in The Home Depot by 1.9% in the fourth quarter. Northwest Investment Counselors LLC now owns 12,318 shares of the home improvement retailer’s stock valued at $1,629,000 after buying an additional 234 shares in the last quarter. Nationwide Fund Advisors raised its stake in The Home Depot by 4.9% in the fourth quarter. Nationwide Fund Advisors now owns 1,336,686 shares of the home improvement retailer’s stock valued at $176,777,000 after buying an additional 62,390 shares in the last quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its stake in The Home Depot by 309.9% in the fourth quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 157,879 shares of the home improvement retailer’s stock valued at $21,074,000 after buying an additional 119,367 shares in the last quarter. California State Teachers Retirement System raised its stake in The Home Depot by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 2,407,239 shares of the home improvement retailer’s stock valued at $318,357,000 after buying an additional 38,428 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in The Home Depot by 1.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 383,729 shares of the home improvement retailer’s stock valued at $50,748,000 after buying an additional 6,700 shares in the last quarter.

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 serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

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