Mastrapasqua Asset Management Inc. trimmed its position in shares of Home Depot, Inc. (The) (NYSE:HD) by 2.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 52,184 shares of the home improvement retailer’s stock after selling 1,062 shares during the quarter. Home Depot, Inc. (The) comprises about 1.7% of Mastrapasqua Asset Management Inc.’s investment portfolio, making the stock its 15th largest holding. Mastrapasqua Asset Management Inc.’s holdings in Home Depot, Inc. (The) were worth $8,004,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. American Beacon Advisors Inc. purchased a new position in shares of Home Depot, Inc. (The) in the 1st quarter valued at approximately $100,000. Riggs Asset Managment Co. Inc. raised its position in shares of Home Depot, Inc. (The) by 114.1% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock valued at $109,000 after purchasing an additional 397 shares during the last quarter. St. Johns Investment Management Company LLC raised its position in shares of Home Depot, Inc. (The) by 81.8% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock valued at $169,000 after purchasing an additional 495 shares during the last quarter. Mascoma Wealth Management LLC raised its position in shares of Home Depot, Inc. (The) by 0.6% in the 2nd quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock valued at $175,000 after purchasing an additional 7 shares during the last quarter. Finally, Thompson Davis & CO. Inc. raised its position in shares of Home Depot, Inc. (The) by 32.2% in the 1st quarter. Thompson Davis & CO. Inc. now owns 1,338 shares of the home improvement retailer’s stock valued at $196,000 after purchasing an additional 326 shares during the last quarter. 71.14% of the stock is owned by institutional investors and hedge funds.

Shares of Home Depot, Inc. (HD) opened at $170.45 on Tuesday. Home Depot, Inc. has a one year low of $127.41 and a one year high of $170.69. The company has a market cap of $200,930.00, a P/E ratio of 23.30, a PEG ratio of 1.70 and a beta of 1.08. The company has a debt-to-equity ratio of 9.54, a quick ratio of 0.39 and a current ratio of 1.23.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.03. Home Depot, Inc. (The) had a net margin of 8.66% and a return on equity of 238.88%. The firm had revenue of $25.03 billion for the quarter, compared to analysts’ expectations of $24.53 billion. During the same quarter last year, the company earned $1.60 EPS. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. research analysts forecast that Home Depot, Inc. will post 7.37 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $3.56 dividend on an annualized basis and a yield of 2.09%. Home Depot, Inc. (The)’s dividend payout ratio is currently 49.38%.

Several brokerages recently commented on HD. Telsey Advisory Group increased their price objective on shares of Home Depot, Inc. (The) from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 15th. Royal Bank Of Canada increased their price objective on shares of Home Depot, Inc. (The) from $183.00 to $186.00 and gave the company an “outperform” rating in a research report on Wednesday, November 15th. UBS AG reaffirmed a “buy” rating and issued a $186.00 price objective (up from $175.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, November 15th. BMO Capital Markets set a $176.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, November 15th. Finally, Argus increased their price objective on shares of Home Depot, Inc. (The) from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $175.66.

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In related news, EVP Matt Carey sold 32,000 shares of Home Depot, Inc. (The) 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 sale, the executive vice president now owns 62,483 shares of the company’s stock, valued at approximately $9,816,079.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.26% of the stock is currently owned by company insiders.

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.

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

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