Private Advisor Group LLC raised its position in Home Depot, Inc. (The) (NYSE:HD) by 0.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,672 shares of the home improvement retailer’s stock after buying an additional 663 shares during the period. Private Advisor Group LLC’s holdings in Home Depot, Inc. (The) were worth $12,768,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Signature Financial Management Inc. increased its stake in Home Depot, Inc. (The) by 28.5% in the first quarter. Signature Financial Management Inc. now owns 2,707 shares of the home improvement retailer’s stock worth $396,000 after buying an additional 600 shares during the period. Trexquant Investment LP purchased a new stake in shares of Home Depot, Inc. (The) during the first quarter valued at about $3,039,000. Assetmark Inc. increased its stake in shares of Home Depot, Inc. (The) by 22.1% in the first quarter. Assetmark Inc. now owns 4,412 shares of the home improvement retailer’s stock valued at $648,000 after buying an additional 800 shares during the period. Mogy Joel R Investment Counsel Inc. increased its stake in shares of Home Depot, Inc. (The) by 2.0% in the first quarter. Mogy Joel R Investment Counsel Inc. now owns 108,385 shares of the home improvement retailer’s stock valued at $15,914,000 after buying an additional 2,125 shares during the period. Finally, Pettee Investors Inc. increased its stake in shares of Home Depot, Inc. (The) by 1.7% in the first quarter. Pettee Investors Inc. now owns 8,812 shares of the home improvement retailer’s stock valued at $1,294,000 after buying an additional 150 shares during the period. 71.52% of the stock is owned by hedge funds and other institutional investors.

Shares of Home Depot, Inc. (NYSE HD) opened at 152.75 on Monday. The firm has a 50-day moving average price of $152.13 and a 200-day moving average price of $148.91. Home Depot, Inc. has a 1-year low of $119.20 and a 1-year high of $160.86. The company has a market capitalization of $182.62 billion, a PE ratio of 22.86 and a beta of 1.08.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings data on Tuesday, May 16th. The home improvement retailer reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.06. The business had revenue of $23.89 billion for the quarter, compared to analysts’ expectations of $23.74 billion. Home Depot, Inc. (The) had a return on equity of 158.80% and a net margin of 8.53%. Home Depot, Inc. (The)’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.44 earnings per share. Equities analysts anticipate that Home Depot, Inc. will post $7.24 earnings per share for the current year.

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HD has been the subject of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $176.00 price objective on shares of Home Depot, Inc. (The) in a research report on Friday, June 16th. Vetr raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $153.35 price objective for the company in a research report on Monday, April 10th. Robert W. Baird set a $175.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, May 17th. Zacks Investment Research raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $170.00 price objective for the company in a research report on Tuesday, April 25th. Finally, Atlantic Securities downgraded shares of Home Depot, Inc. (The) from an “overweight” rating to a “neutral” rating and set a $168.00 price objective for the company. in a research report on Thursday, May 11th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and twenty have assigned a buy rating to the stock. Home Depot, Inc. (The) has an average rating of “Buy” and a consensus target price of $164.68.

In related news, CEO Craig A. Menear sold 90,661 shares of the business’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $156.79, for a total value of $14,214,738.19. Following the sale, the chief executive officer now owns 240,090 shares of the company’s stock, valued at approximately $37,643,711.10. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP William G. Lennie sold 31,239 shares of the business’s stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $155.47, for a total value of $4,856,727.33. Following the completion of the sale, the executive vice president now directly owns 46,294 shares in the company, valued at approximately $7,197,328.18. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 128,900 shares of company stock worth $20,167,386. 0.26% of the stock is currently owned by company insiders.

About Home Depot, Inc. (The)

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 serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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