Iberiabank Corp grew its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 5.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,055 shares of the home improvement retailer’s stock after purchasing an additional 618 shares during the quarter. Iberiabank Corp’s holdings in Home Depot, Inc. (The) were worth $1,696,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Jackson Grant Investment Advisers Inc. raised its holdings in shares of Home Depot, Inc. (The) by 0.4% during the 1st quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock worth $241,000 after acquiring an additional 6 shares during the period. Pineno Levin & Ford Asset Management Inc. raised its holdings in shares of Home Depot, Inc. (The) by 0.3% during the 1st quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock worth $400,000 after acquiring an additional 9 shares during the period. Piershale Financial Group Inc. raised its holdings in shares of Home Depot, Inc. (The) by 0.6% during the 1st quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock worth $322,000 after acquiring an additional 13 shares during the period. Howland Capital Management LLC raised its holdings in shares of Home Depot, Inc. (The) by 0.3% during the 1st quarter. Howland Capital Management LLC now owns 9,936 shares of the home improvement retailer’s stock worth $1,459,000 after acquiring an additional 26 shares during the period. Finally, Halbert Hargrove Russell LLC raised its holdings in shares of Home Depot, Inc. (The) by 1.9% during the 1st quarter. Halbert Hargrove Russell LLC now owns 1,904 shares of the home improvement retailer’s stock worth $280,000 after acquiring an additional 35 shares during the period. 71.39% of the stock is currently owned by institutional investors.

Several research analysts have recently commented on HD shares. Vetr lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price target on the stock. in a report on Monday, June 19th. Bank of America Corporation reiterated a “buy” rating and set a $170.00 price target on shares of Home Depot, Inc. (The) in a report on Tuesday, September 5th. Royal Bank Of Canada reiterated an “outperform” rating and set a $176.00 price target on shares of Home Depot, Inc. (The) in a report on Friday, June 16th. Sanford C. Bernstein reiterated a “market perform” rating and set a $152.00 price target on shares of Home Depot, Inc. (The) in a report on Wednesday, July 12th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $182.00 price objective on shares of Home Depot, Inc. (The) in a report on Friday, June 23rd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. Home Depot, Inc. (The) currently has a consensus rating of “Buy” and a consensus target price of $169.90.

Shares of Home Depot, Inc. (HD) traded up 0.49% during trading on Friday, reaching $159.97. The company had a trading volume of 3,576,479 shares. Home Depot, Inc. has a 52-week low of $119.20 and a 52-week high of $161.38. The firm has a 50-day moving average price of $153.29 and a 200-day moving average price of $152.05. The company has a market capitalization of $188.58 billion, a P/E ratio of 23.02 and a beta of 1.07.

Home Depot, Inc. (The) (NYSE:HD) last announced its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, beating the consensus estimate of $2.21 by $0.04. The business had revenue of $28.11 billion for 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%. The company’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the business posted $1.97 EPS. On average, analysts predict that Home Depot, Inc. will post $7.33 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Thursday, August 31st were issued a dividend of $0.89 per share. The ex-dividend date was Tuesday, August 29th. This represents a $3.56 annualized dividend and a dividend yield of 2.23%. Home Depot, Inc. (The)’s payout ratio is currently 51.15%.

In other Home Depot, Inc. (The) news, EVP Ann Marie Campbell sold 10,717 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $152.40, for a total transaction of $1,633,270.80. Following the completion of the sale, the executive vice president now owns 64,810 shares in the company, valued at approximately $9,877,044. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $150.39, for a total value of $2,255,850.00. Following the sale, the executive vice president now owns 33,147 shares of the company’s stock, valued at approximately $4,984,977.33. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 57,717 shares of company stock worth $8,916,321. Company insiders own 0.26% of the company’s stock.

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Home Depot, Inc. (The) 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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