Oppenheimer & Co. Inc. lowered its stake in Home Depot, Inc. (The) (NYSE:HD) by 3.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 146,605 shares of the home improvement retailer’s stock after selling 5,536 shares during the period. Home Depot, Inc. (The) makes up about 0.6% of Oppenheimer & Co. Inc.’s investment portfolio, making the stock its 26th largest position. Oppenheimer & Co. Inc.’s holdings in Home Depot, Inc. (The) were worth $21,526,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of HD. Edmond DE Rothschild Holding S.A. boosted its position in shares of Home Depot, Inc. (The) by 1.2% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 11,410 shares of the home improvement retailer’s stock valued at $1,675,000 after buying an additional 133 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Home Depot, Inc. (The) by 43.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 5,731,806 shares of the home improvement retailer’s stock valued at $841,602,000 after buying an additional 1,734,963 shares during the last quarter. Nicholas Investment Partners LP acquired a new position in shares of Home Depot, Inc. (The) during the first quarter valued at about $280,000. Brown Advisory Securities LLC boosted its position in shares of Home Depot, Inc. (The) by 4.1% in the first quarter. Brown Advisory Securities LLC now owns 10,693 shares of the home improvement retailer’s stock valued at $1,569,000 after buying an additional 421 shares during the last quarter. Finally, Jacobson & Schmitt Advisors LLC acquired a new position in shares of Home Depot, Inc. (The) during the first quarter valued at about $202,000. Institutional investors own 71.52% of the company’s stock.

Home Depot, Inc. (NYSE HD) traded down 0.287% during trading on Thursday, reaching $154.815. 1,153,139 shares of the company’s stock were exchanged. The stock has a market capitalization of $185.09 billion, a PE ratio of 23.165 and a beta of 1.08. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $160.86. The stock has a 50-day moving average of $151.43 and a 200-day moving average of $149.46.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings results on Tuesday, May 16th. The home improvement retailer reported $1.67 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.61 by $0.06. Home Depot, Inc. (The) had a return on equity of 158.80% and a net margin of 8.53%. The business had revenue of $23.89 billion during the quarter, compared to analysts’ expectations of $23.74 billion. During the same quarter in the prior year, the business earned $1.44 earnings per share. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, equities research analysts anticipate that Home Depot, Inc. will post $7.24 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This story was reported by Daily Political and is the property of of Daily Political. If you are viewing this story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/08/10/oppenheimer-co-inc-sells-5536-shares-of-home-depot-inc-the-nysehd.html.

Several brokerages have issued reports on HD. Vetr upgraded shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $165.39 target price on the stock in a report on Wednesday. BidaskClub cut shares of Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Jefferies Group LLC reiterated a “buy” rating on shares of Home Depot, Inc. (The) in a report on Monday, July 24th. Sanford C. Bernstein reiterated a “market perform” rating and set a $152.00 target price on shares of Home Depot, Inc. (The) in a report on Wednesday, July 12th. Finally, Zacks Investment Research upgraded shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $169.00 target price on the stock in a report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twenty have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $164.72.

In other news, EVP William G. Lennie sold 31,239 shares of the company’s stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of $155.47, for a total transaction of $4,856,727.33. Following the completion of the sale, the executive vice president now owns 46,294 shares in the company, valued at $7,197,328.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Wayne M. Hewett purchased 350 shares of the business’s stock in a transaction dated Wednesday, May 17th. The shares were bought at an average price of $157.11 per share, with a total value of $54,988.50. Following the purchase, the director now directly owns 1,400 shares of the company’s stock, valued at $219,954. The disclosure for this purchase can be found here. Insiders have sold 128,900 shares of company stock valued at $20,167,386 in the last 90 days. Company insiders own 0.26% of the company’s stock.

Home Depot, Inc. (The) Company Profile

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.

Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Home Depot, Inc. (The) (NYSE:HD).

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

Receive News & Ratings for Home Depot Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.