Investors sold shares of The Home Depot Inc. (NYSE:HD) on strength during trading hours on Friday. $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 equities 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 research firms recently commented on HD. Stifel Nicolaus began coverage on shares of The Home Depot in a research note on Tuesday, August 2nd. They set a “buy” rating and a $157.00 price target for the company. Zacks Investment Research raised shares of The Home Depot from a “hold” rating to a “buy” rating and set a $149.00 price objective for the company in a research report on Monday, May 16th. Telsey Advisory Group reissued an “outperform” rating and issued a $150.00 price objective (up from $148.00) on shares of The Home Depot in a research report on Tuesday, May 17th. Topeka Capital Markets initiated 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 objective for the company. Finally, Royal Bank Of Canada boosted their price objective on shares of The Home Depot from $150.00 to $155.00 and gave the company an “outperform” rating in a research report 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 company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $147.17.

The stock has a market cap of $166.99 billion and a PE ratio of 22.88. The stock has a 50 day moving average price of $136.12 and a 200 day moving average price of $132.13.

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

The company also recently declared 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. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $2.76 dividend on an annualized basis and a yield of 2.04%.

In other news, EVP Matt Carey sold 29,357 shares of the business’s stock in a transaction that occurred on Wednesday, August 17th. The shares were sold at an average price of $136.26, for a total transaction of $4,000,184.82. Following the completion of the sale, the executive vice president now owns 88,872 shares in the company, valued at approximately $12,109,698.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Carol B. Tome sold 97,610 shares of the business’s stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $135.35, for a total transaction of $13,211,513.50. Following the sale, the chief financial officer now owns 644,831 shares of the company’s stock, valued at approximately $87,277,875.85. The disclosure for this sale can be found here.

Several hedge funds recently modified their holdings of the company. GSA Capital Partners LLP bought a new stake in shares of The Home Depot during the fourth quarter valued at $3,570,000. Azimuth Capital Management LLC increased its stake in shares of The Home Depot by 0.3% in the fourth quarter. Azimuth Capital Management LLC now owns 124,638 shares of the home improvement retailer’s stock valued at $16,483,000 after buying an additional 323 shares in the last quarter. Gulf International Bank UK Ltd increased its stake in shares of The Home Depot by 1.4% in the fourth quarter. Gulf International Bank UK Ltd now owns 383,059 shares of the home improvement retailer’s stock valued at $50,660,000 after buying an additional 5,310 shares in the last quarter. Howland Capital Management LLC increased its stake in shares of The Home Depot by 3.4% in the fourth quarter. Howland Capital Management LLC now owns 10,328 shares of the home improvement retailer’s stock valued at $1,366,000 after buying an additional 337 shares in the last quarter. Finally, Haverford Trust Co. increased its stake in shares of The Home Depot by 6.9% in the fourth quarter. Haverford Trust Co. now owns 47,970 shares of the home improvement retailer’s stock valued at $6,344,000 after buying an additional 3,084 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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