Investors sold shares of The Home Depot Inc. (NYSE:HD) on strength during trading on Thursday. $77.15 million flowed into the stock on the tick-up and $142.07 million flowed out of the stock on the tick-down, for a money net flow of $64.92 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 $0.11 for the day and closed at $134.23

A number of brokerages have recently issued reports on HD. Zacks Investment Research cut shares of The Home Depot from a “buy” rating to a “hold” rating in a research note on Thursday, August 18th. RBC Capital Markets reaffirmed an “outperform” rating and issued a $155.00 price objective (up previously from $150.00) on shares of The Home Depot in a research note on Wednesday, August 17th. Nomura reaffirmed an “in-line” rating and issued a $155.00 price objective on shares of The Home Depot in a research note on Wednesday, August 17th. Wedbush upped their price objective on shares of The Home Depot from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Wednesday, August 17th. Finally, Argus upped their price objective on shares of The Home Depot from $150.00 to $154.00 and gave the company a “buy” rating in a research note on Wednesday, August 17th. Seven equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $147.17.

The stock has a market capitalization of $165.85 billion and a P/E ratio of 22.72. The company has a 50-day moving average of $136.16 and a 200-day moving average of $132.10.

The Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, August 16th. The home improvement retailer reported $1.97 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.97. The company earned $26.47 billion during the quarter, compared to analysts’ expectations of $26.47 billion. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.71 EPS. On average, equities research analysts anticipate that The Home Depot Inc. will post $6.33 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st will be given a dividend of $0.69 per share. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.06%.

In other news, EVP Teresa Wynn Roseborough sold 11,671 shares of the stock in a transaction that occurred on Thursday, August 18th. The stock was sold at an average price of $136.03, for a total transaction of $1,587,606.13. Following the transaction, the executive vice president now owns 44,107 shares in the company, valued at approximately $5,999,875.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Timothy M. Crow sold 49,392 shares of the stock in a transaction that occurred on Friday, August 19th. The shares were sold at an average price of $135.06, for a total value of $6,670,883.52. Following the transaction, the executive vice president now owns 224,905 shares in the company, valued at approximately $30,375,669.30. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have made changes to their positions in the stock. Employees Retirement System of Texas raised its position in shares of The Home Depot by 21.3% in the fourth quarter. Employees Retirement System of Texas now owns 390,200 shares of the home improvement retailer’s stock worth $51,604,000 after buying an additional 68,400 shares during the period. Advantus Capital Management Inc raised its position in shares of The Home Depot by 2.0% in the fourth quarter. Advantus Capital Management Inc now owns 123,177 shares of the home improvement retailer’s stock worth $16,290,000 after buying an additional 2,471 shares during the period. Atlantic Trust Group LLC raised its position in shares of The Home Depot by 11.8% in the fourth quarter. Atlantic Trust Group LLC now owns 1,524,449 shares of the home improvement retailer’s stock worth $201,609,000 after buying an additional 160,593 shares during the period. Alley Co LLC raised its position in shares of The Home Depot by 3.3% in the fourth quarter. Alley Co LLC now owns 12,139 shares of the home improvement retailer’s stock worth $1,605,000 after buying an additional 384 shares during the period. Finally, Weatherly Asset Management L. P. raised its position in shares of The Home Depot by 4.0% in the fourth quarter. Weatherly Asset Management L. P. now owns 73,848 shares of the home improvement retailer’s stock worth $9,766,000 after buying an additional 2,863 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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