Cornerstone Advisory LLP decreased its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 0.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,451 shares of the home improvement retailer’s stock after selling 4 shares during the period. Cornerstone Advisory LLP’s holdings in Home Depot were worth $223,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of HD. IFP Advisors Inc increased its position in shares of Home Depot by 3.0% in the 2nd quarter. IFP Advisors Inc now owns 73,631 shares of the home improvement retailer’s stock valued at $11,295,000 after buying an additional 2,133 shares in the last quarter. Smithfield Trust Co. increased its position in shares of Home Depot by 0.3% in the 2nd quarter. Smithfield Trust Co. now owns 8,387 shares of the home improvement retailer’s stock valued at $1,287,000 after buying an additional 25 shares in the last quarter. Quantitative Systematic Strategies LLC increased its position in shares of Home Depot by 12.2% in the 2nd quarter. Quantitative Systematic Strategies LLC now owns 19,718 shares of the home improvement retailer’s stock valued at $3,001,000 after buying an additional 2,139 shares in the last quarter. BP PLC increased its position in shares of Home Depot by 16.2% in the 2nd quarter. BP PLC now owns 179,000 shares of the home improvement retailer’s stock valued at $27,459,000 after buying an additional 25,000 shares in the last quarter. Finally, Karp Capital Management Corp bought a new stake in shares of Home Depot in the 1st quarter valued at $99,739,000. Institutional investors own 69.70% of the company’s stock.

In other news, EVP Matt Carey sold 32,000 shares of the stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the completion of the transaction, the executive vice president now directly owns 62,483 shares in the company, valued at approximately $9,816,079.30. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.26% of the company’s stock.

Shares of Home Depot, Inc. (NYSE:HD) traded up $0.60 during midday trading on Friday, reaching $180.42. 4,682,483 shares of the company were exchanged, compared to its average volume of 4,432,599. Home Depot, Inc. has a 12-month low of $128.68 and a 12-month high of $180.67. The company has a debt-to-equity ratio of 9.54, a quick ratio of 0.39 and a current ratio of 1.23. The firm has a market cap of $210,690.00, a price-to-earnings ratio of 24.52, a PEG ratio of 1.79 and a beta of 1.08.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.89 per share. The ex-dividend date is Wednesday, November 29th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 1.97%. Home Depot’s dividend payout ratio is 49.38%.

A number of analysts recently commented on HD shares. BTIG Research restated a “buy” rating and issued a $175.00 price objective on shares of Home Depot in a research report on Tuesday, August 15th. Credit Suisse Group set a $171.00 price objective on shares of Home Depot and gave the company a “buy” rating in a research report on Tuesday, August 15th. Robert W. Baird set a $175.00 price objective on shares of Home Depot and gave the company a “buy” rating in a research report on Tuesday, August 15th. Oppenheimer set a $178.00 price objective on shares of Home Depot and gave the company a “buy” rating in a research report on Tuesday, August 15th. Finally, Longbow Research restated a “buy” rating and issued a $175.00 price objective on shares of Home Depot in a research report on Monday, August 14th. Two analysts have rated the stock with a sell rating, five have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $176.82.

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Home Depot Company 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 (NYSE:HD)

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