Investors bought shares of The Home Depot Inc. (NYSE:HD) on weakness during trading on Wednesday. $156.87 million flowed into the stock on the tick-up and $140.70 million flowed out of the stock on the tick-down, for a money net flow of $16.17 million into the stock. Of all equities tracked, The Home Depot had the 20th highest net in-flow for the day. The Home Depot traded down ($0.08) for the day and closed at $136.15

HD has been the subject of several analyst reports. Vetr cut shares of The Home Depot from a “buy” rating to a “hold” rating and set a $135.32 target price for the company. in a research note on Monday, July 11th. Jefferies Group reissued a “buy” rating on shares of The Home Depot in a research note on Sunday, July 3rd. Zacks Investment Research cut shares of The Home Depot from a “buy” rating to a “sell” rating in a research note on Tuesday, July 19th. Deutsche Bank AG reissued a “buy” rating and issued a $143.00 target price on shares of The Home Depot in a research note on Friday, June 17th. Finally, Citigroup Inc. raised shares of The Home Depot to a “buy” rating and set a $152.00 target price for the company in a research note on Thursday, May 19th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nineteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $146.53.

The company has a market cap of $169.37 billion and a price-to-earnings ratio of 23.92. The company’s 50 day moving average is $135.14 and its 200 day moving average is $130.89.

The Home Depot (NYSE:HD) last issued its earnings results on Tuesday, August 16th. The home improvement retailer reported $1.97 EPS for the quarter, hitting the consensus estimate of $1.97. During the same quarter in the prior year, the business earned $1.71 EPS. The company earned $26.47 billion during the quarter, compared to the consensus estimate of $26.47 billion. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. On average, equities analysts predict that The Home Depot Inc. will post $6.33 EPS for the current fiscal year.

In other The Home Depot news, Director Wayne M. Hewett purchased 350 shares of the company’s stock in a transaction dated Tuesday, May 31st. The stock was purchased at an average price of $132.53 per share, for a total transaction of $46,385.50. Following the transaction, the director now owns 1,050 shares in the company, valued at approximately $139,156.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Other hedge funds have modified their holdings of the company. Schwab Charles Investment Management Inc. increased its stake in shares of The Home Depot by 3.8% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 4,722,039 shares of the home improvement retailer’s stock worth $624,490,000 after buying an additional 173,923 shares during the period. Calvert Investment Management Inc. increased its stake in shares of The Home Depot by 25.5% in the fourth quarter. Calvert Investment Management Inc. now owns 64,064 shares of the home improvement retailer’s stock worth $8,472,000 after buying an additional 13,029 shares during the period. American International Group Inc. increased its stake 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 period. RS Investment Management Co. LLC increased its stake 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 period. Finally, Capital Counsel LLC NY increased its stake 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 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.