The Home Depot Inc. (NYSE:HD)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $138.12 and last traded at $138.06, with a volume of 2,243,480 shares trading hands. The stock had previously closed at $136.31.

Several equities analysts have commented on HD shares. Barclays PLC started coverage on The Home Depot in a report on Wednesday, March 30th. They set an “overweight” rating and a $150.00 price target on the stock. Jefferies Group reiterated a “buy” rating and set a $140.00 price target on shares of The Home Depot in a report on Friday, April 8th. Zacks Investment Research downgraded The Home Depot from a “buy” rating to a “sell” rating in a report on Tuesday, July 19th. Nomura upgraded The Home Depot from a “neutral” rating to a “buy” rating and increased their price target for the company from $140.00 to $155.00 in a report on Thursday, June 23rd. Finally, Vetr upgraded The Home Depot from a “buy” rating to a “strong-buy” rating and set a $148.82 price target on the stock in a report on Wednesday, June 1st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seventeen have issued a buy rating to the company. The Home Depot currently has a consensus rating of “Buy” and a consensus price target of $144.51.

The stock has a 50-day moving average price of $131.34 and a 200 day moving average price of $129.39. The company has a market cap of $171.62 billion and a PE ratio of 24.23.

The Home Depot (NYSE:HD) last released its earnings results on Tuesday, May 17th. The home improvement retailer reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.09. During the same quarter in the previous year, the company posted $1.16 earnings per share. The company had revenue of $22.80 billion for the quarter, compared to the consensus estimate of $22.35 billion. The business’s revenue was up 9.0% compared to the same quarter last year. On average, equities analysts expect that The Home Depot Inc. will post $6.31 EPS for the current year.

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

Other hedge funds recently added to or reduced their stakes in the company. Trexquant Investment LP bought a new stake in The Home Depot during the fourth quarter worth $1,058,000. Stevens Capital Management LP increased its stake in shares of The Home Depot by 25.6% in the fourth quarter. Stevens Capital Management LP now owns 8,105 shares of the home improvement retailer’s stock valued at $1,072,000 after buying an additional 1,651 shares in the last quarter. Crossvault Capital Management LLC increased its stake in shares of The Home Depot by 4.4% in the fourth quarter. Crossvault Capital Management LLC now owns 9,211 shares of the home improvement retailer’s stock valued at $1,218,000 after buying an additional 389 shares in the last quarter. Balasa Dinverno & Foltz LLC increased its stake in shares of The Home Depot by 2.5% in the fourth quarter. Balasa Dinverno & Foltz LLC now owns 9,601 shares of the home improvement retailer’s stock valued at $1,270,000 after buying an additional 230 shares in the last quarter. Finally, Penobscot Investment Management Company Inc. increased its stake in shares of The Home Depot by 179.6% in the fourth quarter. Penobscot Investment Management Company Inc. now owns 10,235 shares of the home improvement retailer’s stock valued at $1,354,000 after buying an additional 6,575 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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