Investors sold shares of The Home Depot Inc. (NYSE:HD) on strength during trading on Tuesday. $62.72 million flowed into the stock on the tick-up and $88.10 million flowed out of the stock on the tick-down, for a money net flow of $25.38 million out of the stock. Of all equities tracked, The Home Depot had the 0th highest net out-flow for the day. The Home Depot traded up $0.25 for the day and closed at $136.75

HD has been the topic of a number of recent research reports. Barclays PLC initiated coverage on shares of The Home Depot in a research note on Wednesday, March 30th. They set an “overweight” rating and a $150.00 price target on the stock. Goldman Sachs Group Inc. upped their price target on shares of The Home Depot from $137.00 to $143.00 and gave the company a “neutral” rating in a research note on Wednesday, April 6th. Jefferies Group restated a “buy” rating and set a $140.00 price target on shares of The Home Depot in a research note on Friday, April 8th. Vetr raised shares of The Home Depot from a “hold” rating to a “buy” rating and set a $140.59 target price on the stock in a report on Wednesday, April 13th. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of The Home Depot in a report on Thursday, April 14th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. The Home Depot currently has an average rating of “Buy” and a consensus price target of $144.51.

The stock has a 50-day moving average of $130.92 and a 200 day moving average of $129.28. The firm has a market capitalization of $170.12 billion and a P/E ratio of 24.02.

The Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, May 17th. The home improvement retailer reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.09. During the same quarter in the prior year, the firm posted $1.16 EPS. The business earned $22.80 billion during the quarter, compared to the consensus estimate of $22.35 billion. The company’s revenue for the quarter 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.

In other news, Director Wayne M. Hewett acquired 350 shares of the business’s stock in a transaction on Tuesday, May 31st. The shares were acquired at an average price of $132.53 per share, for a total transaction of $46,385.50. Following the completion of the transaction, the director now directly owns 1,050 shares of the company’s stock, valued at approximately $139,156.50. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Craig A. Menear sold 46,227 shares of the business’s stock in a transaction on Thursday, May 19th. The shares were sold at an average price of $131.37, for a total transaction of $6,072,840.99. Following the transaction, the chief executive officer now owns 177,068 shares in the company, valued at approximately $23,261,423.16. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently bought and sold shares of the stock. Boston Family Office LLC boosted its position in The Home Depot by 0.5% in the fourth quarter. Boston Family Office LLC now owns 16,786 shares of the home improvement retailer’s stock worth $2,220,000 after buying an additional 84 shares during the period. Greenwood Capital Associates LLC boosted its position in The Home Depot by 0.3% in the fourth quarter. Greenwood Capital Associates LLC now owns 35,032 shares of the home improvement retailer’s stock worth $4,633,000 after buying an additional 102 shares during the period. Northeast Investment Management boosted its position in The Home Depot by 0.7% in the fourth quarter. Northeast Investment Management now owns 16,302 shares of the home improvement retailer’s stock worth $2,156,000 after buying an additional 107 shares during the period. Leisure Capital Management boosted its position in The Home Depot by 0.8% in the fourth quarter. Leisure Capital Management now owns 20,633 shares of the home improvement retailer’s stock worth $2,729,000 after buying an additional 167 shares during the period. Finally, Patriot Wealth Management Inc. boosted its position in The Home Depot by 0.3% in the fourth quarter. Patriot Wealth Management Inc. now owns 56,174 shares of the home improvement retailer’s stock worth $7,429,000 after buying an additional 177 shares during the period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.