NS Partners Ltd cut its position in Home Depot, Inc. (The) (NYSE:HD) by 0.4% during the first quarter, Holdings Channel reports. The fund owned 23,208 shares of the home improvement retailer’s stock after selling 93 shares during the period. NS Partners Ltd’s holdings in Home Depot, Inc. (The) were worth $3,408,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. RB Capital Management LLC bought a new stake in shares of Home Depot, Inc. (The) during the fourth quarter worth approximately $321,000. Lebenthal Asset Management LLC increased its stake in shares of Home Depot, Inc. (The) by 1.4% in the fourth quarter. Lebenthal Asset Management LLC now owns 66,937 shares of the home improvement retailer’s stock worth $8,974,000 after buying an additional 899 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of Home Depot, Inc. (The) during the fourth quarter worth approximately $139,356,000. Independent Advisor Alliance bought a new stake in shares of Home Depot, Inc. (The) during the fourth quarter worth approximately $4,634,000. Finally, LeJeune Puetz Investment Counsel LLC bought a new stake in shares of Home Depot, Inc. (The) during the fourth quarter worth approximately $1,564,000. Hedge funds and other institutional investors own 71.52% of the company’s stock.

Home Depot, Inc. (HD) traded up 0.65% on Friday, hitting $154.88. The stock had a trading volume of 3,650,541 shares. Home Depot, Inc. has a one year low of $119.20 and a one year high of $160.86. The firm has a market cap of $185.17 billion, a price-to-earnings ratio of 23.18 and a beta of 1.08. The company’s 50-day moving average price is $151.33 and its 200 day moving average price is $149.61.

Home Depot, Inc. (The) (NYSE:HD) last announced its quarterly earnings results on Tuesday, May 16th. The home improvement retailer reported $1.67 earnings per share (EPS) for the quarter, beating the 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 firm had revenue of $23.89 billion during the quarter, compared to the consensus estimate of $23.74 billion. During the same period in the prior year, the firm earned $1.44 EPS. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. Analysts expect that Home Depot, Inc. will post $7.25 earnings per share for the current year.

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HD has been the topic of a number of recent research reports. Vetr downgraded Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $153.61 target price on the stock. in a research note on Monday, April 24th. Zacks Investment Research upgraded Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $170.00 target price on the stock in a research note on Tuesday, April 25th. Royal Bank Of Canada restated a “buy” rating and issued a $158.00 target price on shares of Home Depot, Inc. (The) in a research note on Tuesday, May 2nd. Credit Suisse Group set a $163.00 target price on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research note on Tuesday, May 2nd. Finally, BTIG Research upped their target price on Home Depot, Inc. (The) from $155.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, May 5th. One analyst has rated the stock with a sell rating, seven have given a hold rating and twenty have given a buy rating to the company. Home Depot, Inc. (The) has an average rating of “Buy” and an average target price of $164.72.

In related news, Director Wayne M. Hewett purchased 350 shares of the stock in a transaction that occurred on Wednesday, May 17th. The stock was purchased at an average cost of $157.11 per share, for a total transaction of $54,988.50. Following the acquisition, the director now owns 1,400 shares in the company, valued at $219,954. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ann Marie Campbell sold 7,000 shares of the stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $156.56, for a total value of $1,095,920.00. Following the completion of the sale, the executive vice president now owns 54,091 shares of the company’s stock, valued at $8,468,486.96. The disclosure for this sale can be found here. Over the last quarter, insiders sold 128,900 shares of company stock valued at $20,167,386. 0.26% of the stock is owned by insiders.

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.

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

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