Richard Bernstein Advisors LLC maintained its stake in Home Depot, Inc. (The) (NYSE:HD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,096 shares of the home improvement retailer’s stock at the end of the 2nd quarter. Home Depot, Inc. (The) comprises about 0.8% of Richard Bernstein Advisors LLC’s investment portfolio, making the stock its 28th largest holding. Richard Bernstein Advisors LLC’s holdings in Home Depot, Inc. (The) were worth $10,293,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in HD. Beaumont Financial Partners LLC increased its position in shares of Home Depot, Inc. (The) by 2.8% during the first quarter. Beaumont Financial Partners LLC now owns 1,689 shares of the home improvement retailer’s stock valued at $248,000 after acquiring an additional 46 shares during the last quarter. Exane Derivatives purchased a new position in shares of Home Depot, Inc. (The) in the first quarter valued at approximately $2,240,000. Central Bank & Trust Co. boosted its stake in shares of Home Depot, Inc. (The) by 25.5% in the first quarter. Central Bank & Trust Co. now owns 9,506 shares of the home improvement retailer’s stock valued at $1,396,000 after purchasing an additional 1,929 shares during the period. Barrett Asset Management LLC boosted its stake in shares of Home Depot, Inc. (The) by 4.5% in the first quarter. Barrett Asset Management LLC now owns 64,891 shares of the home improvement retailer’s stock valued at $9,528,000 after purchasing an additional 2,824 shares during the period. Finally, BB&T Corp boosted its stake in shares of Home Depot, Inc. (The) by 14.0% in the first quarter. BB&T Corp now owns 95,905 shares of the home improvement retailer’s stock valued at $14,082,000 after purchasing an additional 11,750 shares during the period. Institutional investors and hedge funds own 71.36% of the company’s stock.

In other Home Depot, Inc. (The) news, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $157.10, for a total value of $5,027,200.00. Following the transaction, the executive vice president now directly owns 62,483 shares of the company’s stock, valued at approximately $9,816,079.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the business’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $150.39, for a total transaction of $2,255,850.00. Following the completion of the transaction, the executive vice president now directly owns 33,147 shares in the company, valued at $4,984,977.33. The disclosure for this sale can be found here. Insiders sold a total of 57,717 shares of company stock worth $8,916,321 over the last ninety days. Corporate insiders own 0.26% of the company’s stock.

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Home Depot, Inc. (NYSE HD) opened at $165.35 on Tuesday. The company has a market cap of $193,455.83, a price-to-earnings ratio of 23.58, a PEG ratio of 1.65 and a beta of 1.08. Home Depot, Inc. has a 1-year low of $122.92 and a 1-year high of $167.94. The company has a debt-to-equity ratio of 6.87, a current ratio of 1.30 and a quick ratio of 0.48.

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 analysts’ consensus estimates of $2.21 by $0.04. The business had revenue of $28.11 billion for the quarter, compared to analysts’ expectations of $27.84 billion. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.97 EPS. analysts predict that Home Depot, Inc. will post 7.32 earnings per share for the current fiscal year.

Several research analysts have recently commented on the stock. Royal Bank Of Canada set a $179.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Monday, October 30th. Credit Suisse Group set a $171.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Friday, October 13th. Robert W. Baird set a $175.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Friday, October 13th. Gordon Haskett assumed coverage on shares of Home Depot, Inc. (The) in a research note on Tuesday, October 3rd. They issued a “buy” rating and a $189.00 price objective for the company. Finally, KeyCorp assumed coverage on shares of Home Depot, Inc. (The) in a research note on Tuesday, November 7th. They issued a “sector weight” rating for the company. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $173.18.

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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