Traders bought shares of The Home Depot Inc. (NYSE:HD) on weakness during trading hours on Tuesday. $126.12 million flowed into the stock on the tick-up and $66.83 million flowed out of the stock on the tick-down, for a money net flow of $59.29 million into the stock. Of all companies tracked, The Home Depot had the 4th highest net in-flow for the day. The Home Depot traded down ($0.10) for the day and closed at $136.11

A number of equities analysts recently commented on HD shares. Zacks Investment Research raised The Home Depot from a “hold” rating to a “buy” rating and set a $152.00 price target for the company in a research note on Wednesday, April 20th. Deutsche Bank AG reissued a “buy” rating on shares of The Home Depot in a research note on Thursday, April 14th. Vetr raised 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. Argus reissued a “buy” rating and set a $150.00 price target (up from $145.00) on shares of The Home Depot in a research note on Wednesday, May 18th. Finally, Robert W. Baird restated a “buy” rating on shares of The Home Depot in a research report on Monday, May 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eighteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $145.01.

The stock has a market capitalization of $169.32 billion and a P/E ratio of 23.91. The stock has a 50-day moving average price of $133.53 and a 200 day moving average price of $130.35.

The Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 17th. The home improvement retailer reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.09. The company had revenue of $22.80 billion for the quarter, compared to analysts’ expectations of $22.35 billion. During the same period in the prior year, the company posted $1.16 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year. Equities research analysts forecast that The Home Depot Inc. will post $6.31 earnings per share for the current fiscal year.

In related news, EVP Mark Holifield sold 43,026 shares of the business’s stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of $131.14, for a total transaction of $5,642,429.64. Following the completion of the transaction, the executive vice president now owns 55,951 shares in the company, valued at $7,337,414.14. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Craig A. Menear sold 46,227 shares of the business’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 transaction, the chief executive officer now owns 177,068 shares of the company’s stock, valued at approximately $23,261,423.16. The disclosure for this sale can be found here.

Several institutional investors have recently modified their holdings of HD. American International Group Inc. increased its position in shares of The Home Depot by 0.9% in the fourth quarter. American International Group Inc. now owns 555,907 shares of the home improvement retailer’s stock worth $73,518,000 after buying an additional 4,835 shares during the last quarter. RS Investment Management Co. LLC increased its position in shares of The Home Depot by 32.7% in the fourth quarter. RS Investment Management Co. LLC now owns 74,925 shares of the home improvement retailer’s stock worth $9,909,000 after buying an additional 18,465 shares during the last quarter. Capital Counsel LLC NY increased its position in shares of The Home Depot by 0.3% in the fourth quarter. Capital Counsel LLC NY now owns 13,717 shares of the home improvement retailer’s stock worth $1,814,000 after buying an additional 35 shares during the last quarter. KBC Group NV increased its position in shares of The Home Depot by 45.3% in the fourth quarter. KBC Group NV now owns 289,452 shares of the home improvement retailer’s stock worth $38,280,000 after buying an additional 90,215 shares during the last quarter. Finally, State of Tennessee Treasury Department increased its position in shares of The Home Depot by 4.2% in the fourth quarter. State of Tennessee Treasury Department now owns 1,067,351 shares of the home improvement retailer’s stock worth $141,157,000 after buying an additional 42,993 shares during 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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