Investors sold shares of The Home Depot Inc. (NYSE:HD) on strength during trading hours on Thursday. $67.98 million flowed into the stock on the tick-up and $90.71 million flowed out of the stock on the tick-down, for a money net flow of $22.73 million out of the stock. Of all companies tracked, The Home Depot had the 0th highest net out-flow for the day. The Home Depot traded up $0.37 for the day and closed at $135.43

A number of equities analysts have recently commented on HD shares. BTIG Research started coverage on shares of The Home Depot in a research report on Wednesday, June 1st. They issued a “buy” rating and a $155.00 price target on the stock. Vetr lowered shares of The Home Depot from a “strong-buy” rating to a “buy” rating and set a $147.57 price target on the stock. in a research report on Wednesday, May 25th. Topeka Capital Markets started coverage on shares of The Home Depot in a research report on Monday, May 23rd. They issued a “buy” rating and a $158.00 price target on the stock. Argus reissued a “buy” rating and issued a $150.00 price target (up previously from $145.00) on shares of The Home Depot in a research report on Wednesday, May 18th. Finally, Robert W. Baird reissued a “buy” rating on shares of The Home Depot in a research report on Monday, May 16th. Seven investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $147.17.

The stock’s 50-day moving average is $136.02 and its 200 day moving average is $131.38. The firm has a market capitalization of $167.26 billion and a price-to-earnings ratio of 22.92.

The Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, August 16th. The home improvement retailer reported $1.97 earnings per share for the quarter, meeting the consensus estimate of $1.97. The business earned $26.47 billion during the quarter, compared to analyst estimates of $26.47 billion. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the business earned $1.71 earnings per share. Equities research analysts anticipate that The Home Depot Inc. will post $6.33 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, September 1st will be paid a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 2.04%. The ex-dividend date is Tuesday, August 30th.

In other The Home Depot news, CFO Carol B. Tome sold 97,610 shares of the stock in a transaction dated Monday, August 22nd. The stock was sold at an average price of $135.35, for a total value of $13,211,513.50. Following the completion of the transaction, the chief financial officer now directly owns 644,831 shares in the company, valued at $87,277,875.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Wayne M. Hewett bought 350 shares of the company’s stock in a transaction on Tuesday, May 31st. The stock was purchased 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 directly owns 1,050 shares of the company’s stock, valued at approximately $139,156.50. The disclosure for this purchase can be found here.

Other institutional investors have recently bought and sold shares of the company. Synovus Financial Corp increased its position in The Home Depot by 0.5% in the fourth quarter. Synovus Financial Corp now owns 211,354 shares of the home improvement retailer’s stock valued at $27,943,000 after buying an additional 1,057 shares in the last quarter. Alpha Cubed Investments LLC increased its position in The Home Depot by 17.6% in the fourth quarter. Alpha Cubed Investments LLC now owns 47,671 shares of the home improvement retailer’s stock valued at $6,305,000 after buying an additional 7,121 shares in the last quarter. Usca Ria LLC increased its position in The Home Depot by 6.4% in the fourth quarter. Usca Ria LLC now owns 10,840 shares of the home improvement retailer’s stock valued at $1,434,000 after buying an additional 650 shares in the last quarter. State of Wisconsin Investment Board increased its position in The Home Depot by 0.6% in the fourth quarter. State of Wisconsin Investment Board now owns 1,547,260 shares of the home improvement retailer’s stock valued at $204,625,000 after buying an additional 9,110 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in The Home Depot by 82.1% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 762,852 shares of the home improvement retailer’s stock valued at $100,888,000 after buying an additional 343,906 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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