TRUE Private Wealth Advisors raised its stake in shares of Home Depot, Inc. (The) (NYSE:HD) by 2.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,516 shares of the home improvement retailer’s stock after buying an additional 126 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Home Depot, Inc. (The) were worth $999,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Zweig DiMenna Associates LLC acquired a new stake in Home Depot, Inc. (The) during the 2nd quarter valued at $445,000. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in shares of Home Depot, Inc. (The) by 4.3% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 71,839 shares of the home improvement retailer’s stock worth $11,020,000 after purchasing an additional 2,945 shares during the last quarter. Intersect Capital LLC boosted its holdings in shares of Home Depot, Inc. (The) by 6.6% during the second quarter. Intersect Capital LLC now owns 2,242 shares of the home improvement retailer’s stock worth $344,000 after purchasing an additional 138 shares during the last quarter. Concentric Wealth Management LLC boosted its holdings in shares of Home Depot, Inc. (The) by 5.6% during the second quarter. Concentric Wealth Management LLC now owns 5,984 shares of the home improvement retailer’s stock worth $918,000 after purchasing an additional 315 shares during the last quarter. Finally, Blue Chip Partners Inc. boosted its holdings in shares of Home Depot, Inc. (The) by 45.1% during the second quarter. Blue Chip Partners Inc. now owns 21,335 shares of the home improvement retailer’s stock worth $3,273,000 after purchasing an additional 6,634 shares during the last quarter. Hedge funds and other institutional investors own 71.14% of the company’s stock.

HD has been the topic of several analyst reports. Argus raised their price objective on Home Depot, Inc. (The) from $180.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th. Zacks Investment Research cut Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a report on Friday, September 8th. Oppenheimer Holdings, Inc. set a $178.00 price objective on Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Tuesday, November 14th. Jefferies Group LLC restated a “buy” rating and set a $182.00 price objective on shares of Home Depot, Inc. (The) in a report on Thursday, August 10th. Finally, SunTrust Banks, Inc. raised their price objective on Home Depot, Inc. (The) to $167.00 and gave the stock a “hold” rating in a report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $175.66.

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In other news, EVP Matt Carey sold 32,000 shares of Home Depot, Inc. (The) stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the sale, the executive vice president now directly owns 62,483 shares of the company’s stock, valued at $9,816,079.30. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.26% of the stock is currently owned by insiders.

Home Depot, Inc. (NYSE HD) opened at $170.45 on Tuesday. The company has a debt-to-equity ratio of 9.54, a current ratio of 1.23 and a quick ratio of 0.39. Home Depot, Inc. has a 52-week low of $127.41 and a 52-week high of $170.69. The company has a market capitalization of $200,930.00, a PE ratio of 23.30, a price-to-earnings-growth ratio of 1.70 and a beta of 1.08.

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

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

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.

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

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