Wesbanco Bank Inc. decreased its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 4.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 108,115 shares of the home improvement retailer’s stock after selling 5,096 shares during the period. Wesbanco Bank Inc.’s holdings in Home Depot were worth $16,584,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. American Beacon Advisors Inc. purchased a new stake in shares of Home Depot in the first quarter valued at about $100,000. St. Johns Investment Management Company LLC raised its holdings in shares of Home Depot by 81.8% in the second 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 holdings in shares of Home Depot by 0.6% in the second 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. Thompson Davis & CO. Inc. raised its holdings in shares of Home Depot by 32.2% in the first 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. Finally, Ruggie Capital Group raised its holdings in shares of Home Depot by 12.2% in the second quarter. Ruggie Capital Group now owns 1,299 shares of the home improvement retailer’s stock valued at $199,000 after purchasing an additional 141 shares during the last quarter. Hedge funds and other institutional investors own 69.70% of the company’s stock.

HD has been the subject of several analyst reports. Argus increased their target price on shares of Home Depot from $180.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, November 15th. Zacks Investment Research lowered shares of Home Depot from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Oppenheimer set a $178.00 price target on shares of Home Depot and gave the company a “buy” rating in a research report on Tuesday, November 14th. Jefferies Group restated a “buy” rating and set a $182.00 price target on shares of Home Depot in a research report on Thursday, August 10th. Finally, SunTrust Banks increased their price target on shares of Home Depot to $167.00 and gave the company a “hold” rating in a research report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $176.82.

Shares of Home Depot, Inc. (HD) opened at $180.42 on Friday. Home Depot, Inc. has a fifty-two week low of $128.68 and a fifty-two week high of $180.67. The stock has a market cap of $209,981.72, a PE ratio of 24.98, a PEG ratio of 1.82 and a beta of 1.11. 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 (NYSE:HD) last announced its quarterly earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.03. Home Depot 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 the consensus estimate of $24.53 billion. During the same period in the prior year, the firm posted $1.60 earnings per share. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. research analysts predict that Home Depot, Inc. will post 7.38 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date is Wednesday, November 29th. Home Depot’s payout ratio is 49.44%.

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 value 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 legal filing with the SEC, which is available at this link. Corporate insiders own 0.26% of the company’s stock.

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About Home Depot

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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