The Home Depot Inc. (NYSE:HD) shares reached a new 52-week high during mid-day 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 changing hands. The stock had previously closed at $136.31.

Several research analysts have issued reports on HD shares. Goldman Sachs Group Inc. upped their price target on The Home Depot from $137.00 to $143.00 and gave the company a “neutral” rating in a report on Wednesday, April 6th. Jefferies Group reaffirmed a “buy” rating and issued a $140.00 price target on shares of The Home Depot in a report on Friday, April 8th. Vetr raised The Home Depot from a “hold” rating to a “buy” rating and set a $140.59 price target on the stock in a report on Wednesday, April 13th. Deutsche Bank AG reaffirmed a “buy” rating on shares of The Home Depot in a report on Thursday, April 14th. Finally, Zacks Investment Research raised The Home Depot from a “hold” rating to a “buy” rating and set a $152.00 price target on the stock in a report on Wednesday, April 20th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $144.51.

The company’s 50-day moving average price is $131.60 and its 200 day moving average price is $129.48. The company has a market capitalization of $171.97 billion and a price-to-earnings ratio of 24.28.

The Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, May 17th. The home improvement retailer reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.09. During the same quarter in the previous year, the business earned $1.16 earnings per share. The company had revenue of $22.80 billion for the quarter, compared to analyst estimates of $22.35 billion. The company’s revenue was up 9.0% on a year-over-year basis. On average, equities research analysts forecast that The Home Depot Inc. will post $6.31 EPS for the current fiscal year.

In other The Home Depot news, Director Wayne M. Hewett bought 350 shares of the firm’s stock in a transaction that occurred on Tuesday, May 31st. The stock was acquired 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 $139,156.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP William G. Lennie sold 22,996 shares of the firm’s stock in a transaction on Thursday, May 19th. The shares were sold at an average price of $131.49, for a total transaction of $3,023,744.04. Following the completion of the transaction, the executive vice president now directly owns 57,361 shares of the company’s stock, valued at approximately $7,542,397.89. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have added to or reduced their stakes in HD. Trexquant Investment LP acquired a new position in The Home Depot during the fourth quarter worth $1,058,000. Stevens Capital Management LP increased its position in 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 worth $1,072,000 after buying an additional 1,651 shares during the period. Crossvault Capital Management LLC increased its position in 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 worth $1,218,000 after buying an additional 389 shares during the period. Balasa Dinverno & Foltz LLC increased its position in 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 worth $1,270,000 after buying an additional 230 shares during the period. Finally, Penobscot Investment Management Company Inc. increased its position in 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 worth $1,354,000 after buying an additional 6,575 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.

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