Brown Advisory Securities LLC increased its stake in Home Depot, Inc. (The) (NYSE:HD) by 4.1% during the first quarter, Holdings Channel reports. The institutional investor owned 10,693 shares of the home improvement retailer’s stock after buying an additional 421 shares during the period. Brown Advisory Securities LLC’s holdings in Home Depot, Inc. (The) were worth $1,569,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jacobson & Schmitt Advisors LLC bought a new position in shares of Home Depot, Inc. (The) during the first quarter valued at $202,000. Stockman Wealth Management Inc. boosted its position in shares of Home Depot, Inc. (The) by 0.4% in the first quarter. Stockman Wealth Management Inc. now owns 16,607 shares of the home improvement retailer’s stock valued at $2,438,000 after buying an additional 67 shares in the last quarter. Good Life Advisors LLC boosted its position in shares of Home Depot, Inc. (The) by 49.4% in the first quarter. Good Life Advisors LLC now owns 4,196 shares of the home improvement retailer’s stock valued at $613,000 after buying an additional 1,388 shares in the last quarter. WINTON GROUP Ltd boosted its position in shares of Home Depot, Inc. (The) by 1,136.2% in the first quarter. WINTON GROUP Ltd now owns 312,737 shares of the home improvement retailer’s stock valued at $40,243,000 after buying an additional 287,439 shares in the last quarter. Finally, Vontobel Swiss Wealth Advisors AG boosted its position in shares of Home Depot, Inc. (The) by 2.6% in the first quarter. Vontobel Swiss Wealth Advisors AG now owns 12,956 shares of the home improvement retailer’s stock valued at $1,902,000 after buying an additional 327 shares in the last quarter. Institutional investors and hedge funds own 71.52% of the company’s stock.

Home Depot, Inc. (HD) traded up 1.01% during mid-day trading on Friday, hitting $155.44. The stock had a trading volume of 898,904 shares. The company has a 50 day moving average price of $151.35 and a 200-day moving average price of $149.49. Home Depot, Inc. has a one year low of $119.20 and a one year high of $160.86. The company has a market cap of $185.84 billion, a price-to-earnings ratio of 23.26 and a beta of 1.08.

Home Depot, Inc. (The) (NYSE:HD) last released its earnings results on Tuesday, May 16th. The home improvement retailer reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.06. Home Depot, Inc. (The) had a net margin of 8.53% and a return on equity of 158.80%. The business had revenue of $23.89 billion for the quarter, compared to the consensus estimate of $23.74 billion. During the same period in the previous year, the firm earned $1.44 EPS. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. Equities analysts expect that Home Depot, Inc. will post $7.25 earnings per share for the current fiscal year.

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Several research analysts have recently weighed in on the company. Jefferies Group LLC restated a “buy” rating and set a $182.00 target price on shares of Home Depot, Inc. (The) in a report on Thursday. Vetr upgraded 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 Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Sanford C. Bernstein restated 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 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 equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and twenty have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $164.72.

In related news, CEO Craig A. Menear sold 90,661 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The shares were 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 directly owns 240,090 shares in the company, valued at approximately $37,643,711.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ann Marie Campbell sold 7,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $156.56, for a total transaction of $1,095,920.00. Following the completion of the sale, the executive vice president now owns 54,091 shares in the company, valued at $8,468,486.96. The disclosure for this sale can be found here. Insiders sold a total of 128,900 shares of company stock worth $20,167,386 over the last quarter. Insiders own 0.26% of the company’s stock.

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.

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

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