Investors purchased shares of The Home Depot Inc. (NYSE:HD) on weakness during trading hours on Wednesday. $134.95 million flowed into the stock on the tick-up and $81.78 million flowed out of the stock on the tick-down, for a money net flow of $53.17 million into the stock. Of all companies tracked, The Home Depot had the 10th highest net in-flow for the day. The Home Depot traded down ($0.16) for the day and closed at $137.06

A number of equities research analysts have recently commented on HD shares. Stifel Nicolaus started coverage on shares of The Home Depot in a research note on Tuesday. They issued a “buy” rating and a $157.00 price objective on the stock. Zacks Investment Research lowered shares of The Home Depot from a “buy” rating to a “sell” rating in a research note on Tuesday, July 19th. Vetr lowered shares of The Home Depot from a “buy” rating to a “hold” rating and set a $135.32 price objective on the stock. in a research note on Monday, July 11th. Jefferies Group reaffirmed a “buy” rating on shares of The Home Depot in a research note on Sunday, July 3rd. Finally, Nomura raised shares of The Home Depot from a “neutral” rating to a “buy” rating and upped their price objective for the company from $140.00 to $155.00 in a research note on Thursday, June 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued 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 $145.01.

The firm has a 50-day moving average price of $132.49 and a 200 day moving average price of $129.88. The firm has a market capitalization of $170.50 billion and a PE ratio of 24.08.

The Home Depot (NYSE:HD) last announced 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. The business had revenue of $22.80 billion for the quarter, compared to the consensus estimate of $22.35 billion. During the same quarter last year, the firm posted $1.16 EPS. The business’s quarterly revenue was up 9.0% on a year-over-year basis. Equities research analysts expect that The Home Depot Inc. will post $6.32 EPS for the current fiscal year.

In other news, EVP William G. Lennie sold 22,996 shares of the business’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 sale, the executive vice president now owns 57,361 shares in the company, valued at approximately $7,542,397.89. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Wayne M. Hewett bought 350 shares of the company’s stock in a transaction dated 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 acquisition, 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.

Several institutional investors recently bought and sold shares of the company. Essex Financial Services Inc. raised its position in The Home Depot by 1.3% in the fourth quarter. Essex Financial Services Inc. now owns 34,393 shares of the home improvement retailer’s stock valued at $4,549,000 after buying an additional 436 shares in the last quarter. Boys Arnold & Co. Inc. raised its position in The Home Depot by 89.6% in the fourth quarter. Boys Arnold & Co. Inc. now owns 91,759 shares of the home improvement retailer’s stock valued at $12,135,000 after buying an additional 43,369 shares in the last quarter. Boston Family Office LLC raised 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 valued at $2,220,000 after buying an additional 84 shares in the last quarter. GAM Holding AG raised its position in The Home Depot by 5.5% in the fourth quarter. GAM Holding AG now owns 175,137 shares of the home improvement retailer’s stock valued at $23,162,000 after buying an additional 9,190 shares in the last quarter. Finally, Stevens Capital Management LP raised 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 valued at $1,072,000 after buying an additional 1,651 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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