Traders sold shares of Home Depot, Inc. (The) (NYSE:HD) on strength during trading on Tuesday. $254.53 million flowed into the stock on the tick-up and $307.02 million flowed out of the stock on the tick-down, for a money net flow of $52.49 million out of the stock. Of all companies tracked, Home Depot, Inc. (The) had the 0th highest net out-flow for the day. Home Depot, Inc. (The) traded up $2.15 for the day and closed at $152.93

A number of analysts recently issued reports on HD shares. Royal Bank Of Canada reissued an “outperform” rating and set a $176.00 price objective on shares of Home Depot, Inc. (The) in a research report on Friday, June 16th. Robert W. Baird set a $175.00 price objective on Home Depot, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday, May 17th. Vetr downgraded Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price objective for the company. in a research report on Monday, June 19th. Atlantic Securities downgraded 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. Finally, Jefferies Group LLC reissued a “buy” rating and set a $182.00 price objective on shares of Home Depot, Inc. (The) in a research report on Thursday, August 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $169.40.

The firm has a market capitalization of $184.98 billion, a PE ratio of 22.58 and a beta of 1.07. The firm has a 50 day moving average of $150.47 and a 200-day moving average of $151.22.

Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.04. The firm had revenue of $28.11 billion during the quarter, compared to the consensus estimate of $27.84 billion. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. Home Depot, Inc. (The)’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.97 earnings per share. On average, equities analysts forecast that Home Depot, Inc. will post $7.32 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Thursday, August 31st will be issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Tuesday, August 29th. Home Depot, Inc. (The)’s dividend payout ratio is currently 51.15%.

In related news, EVP Teresa Wynn Roseborough sold 15,000 shares of the stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $150.39, for a total value of $2,255,850.00. Following the completion of the transaction, the executive vice president now owns 33,147 shares of the company’s stock, valued at $4,984,977.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ann Marie Campbell sold 10,717 shares of the stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $152.40, for a total value of $1,633,270.80. Following the completion of the transaction, the executive vice president now directly owns 64,810 shares of the company’s stock, valued at approximately $9,877,044. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. American Beacon Advisors Inc. bought a new position in Home Depot, Inc. (The) during the 1st quarter worth approximately $100,000. Jacobi Capital Management LLC lifted its holdings in Home Depot, Inc. (The) by 16.4% during the 2nd quarter. Jacobi Capital Management LLC now owns 717 shares of the home improvement retailer’s stock worth $108,000 after buying an additional 101 shares during the last quarter. Riggs Asset Managment Co. Inc. lifted its holdings in Home Depot, Inc. (The) by 114.1% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock worth $109,000 after buying an additional 397 shares during the last quarter. University of Texas Investment Managment Co. bought a new position in Home Depot, Inc. (The) during the 1st quarter worth approximately $132,000. Finally, Peoples Financial Services CORP. lifted its holdings in Home Depot, Inc. (The) by 13.9% during the 1st quarter. Peoples Financial Services CORP. now owns 1,025 shares of the home improvement retailer’s stock worth $151,000 after buying an additional 125 shares during the last quarter. 71.45% of the stock is owned by hedge funds and other institutional investors.

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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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