Central Bank & Trust Co. raised its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,749 shares of the home improvement retailer’s stock after buying an additional 243 shares during the period. Central Bank & Trust Co.’s holdings in Home Depot, Inc. (The) were worth $1,495,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. American Beacon Advisors Inc. acquired a new position in Home Depot, Inc. (The) during the first quarter valued at approximately $100,000. Riggs Asset Managment Co. Inc. lifted its position in Home Depot, Inc. (The) by 114.1% during the first quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock valued at $109,000 after buying an additional 397 shares in the last quarter. University of Texas Investment Managment Co. acquired a new position in Home Depot, Inc. (The) during the first quarter valued at approximately $132,000. Motco lifted its position in Home Depot, Inc. (The) by 79.3% during the first quarter. Motco now owns 1,244 shares of the home improvement retailer’s stock valued at $183,000 after buying an additional 550 shares in the last quarter. Finally, Thompson Davis & CO. Inc. lifted its position in Home Depot, Inc. (The) by 32.2% during the first quarter. Thompson Davis & CO. Inc. now owns 1,338 shares of the home improvement retailer’s stock valued at $196,000 after buying an additional 326 shares in the last quarter. 71.39% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have weighed in on the stock. Zacks Investment Research raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $177.00 price target on the stock in a research report on Thursday. Royal Bank Of Canada reissued a “buy” rating and set a $179.00 target price on shares of Home Depot, Inc. (The) in a research report on Monday, September 18th. BMO Capital Markets reissued an “outperform” rating on shares of Home Depot, Inc. (The) in a research report on Tuesday, September 12th. Robert W. Baird set a $175.00 target price on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a research report on Sunday, September 10th. Finally, Bank of America Corporation reissued a “buy” rating and set a $170.00 target price on shares of Home Depot, Inc. (The) in a research report on Tuesday, September 5th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $169.90.

In other Home Depot, Inc. (The) news, EVP Matt Carey sold 32,000 shares of the company’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $157.10, for a total value of $5,027,200.00. Following the completion of the transaction, the executive vice president now owns 62,483 shares of the company’s stock, valued at approximately $9,816,079.30. 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 company’s 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 directly 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. Insiders have sold a total of 57,717 shares of company stock valued at $8,916,321 in the last three months. 0.26% of the stock is owned by insiders.

Home Depot, Inc. (NYSE HD) traded up 0.49% on Friday, reaching $159.97. The company’s stock had a trading volume of 3,576,479 shares. The company has a market cap of $188.58 billion, a P/E ratio of 23.02 and a beta of 1.07. The company has a 50-day moving average price of $153.29 and a 200 day moving average price of $152.05. Home Depot, Inc. has a 12 month low of $119.20 and a 12 month high of $161.38.

Home Depot, Inc. (The) (NYSE:HD) last released its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm had revenue of $28.11 billion during the quarter, compared to the consensus estimate of $27.84 billion. During the same period in the prior year, the company posted $1.97 EPS. The company’s revenue was up 6.2% compared to the same quarter last year. On average, equities research analysts anticipate that Home Depot, Inc. will post $7.33 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 14th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.23%. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is currently 51.15%.

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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.

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

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