Bradley Foster & Sargent Inc. CT lifted its position in shares of Home Depot Inc (NYSE:HD) by 2.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 178,165 shares of the home improvement retailer’s stock after purchasing an additional 4,313 shares during the period. Home Depot comprises 1.1% of Bradley Foster & Sargent Inc. CT’s investment portfolio, making the stock its 26th largest holding. Bradley Foster & Sargent Inc. CT owned approximately 151.14% of Home Depot worth $29,141,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in HD. Jacobi Capital Management LLC boosted its holdings in Home Depot by 16.4% in the second quarter. Jacobi Capital Management LLC now owns 717 shares of the home improvement retailer’s stock valued at $108,000 after acquiring an additional 101 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its holdings in Home Depot by 63.4% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 876 shares of the home improvement retailer’s stock valued at $145,000 after acquiring an additional 340 shares during the last quarter. Glassman Wealth Services boosted its holdings in Home Depot by 38.3% in the second quarter. Glassman Wealth Services now owns 1,084 shares of the home improvement retailer’s stock valued at $166,000 after acquiring an additional 300 shares during the last quarter. St. Johns Investment Management Company LLC boosted its holdings in 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 acquiring an additional 495 shares during the last quarter. Finally, Mascoma Wealth Management LLC boosted its holdings in 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 acquiring an additional 7 shares during the last quarter. Institutional investors own 70.18% of the company’s stock.

HD has been the topic of several analyst reports. Credit Suisse Group reiterated a “hold” rating on shares of Home Depot in a report on Tuesday, December 12th. Deutsche Bank upped their target price on Home Depot from $176.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, December 7th. SunTrust Banks upped their target price on Home Depot from $167.00 to $175.00 and gave the company a “hold” rating in a report on Thursday, December 7th. Citigroup reiterated a “buy” rating and issued a $213.00 target price on shares of Home Depot in a report on Thursday, December 7th. Finally, BTIG Research upped their target price on Home Depot to $215.00 and gave the company a “buy” rating in a report on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $184.39.

In other news, EVP Matt Carey sold 41,396 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $183.03, for a total transaction of $7,576,709.88. Following the transaction, the executive vice president now directly owns 29,559 shares of the company’s stock, valued at $5,410,183.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is owned by corporate insiders.

Home Depot Inc (NYSE:HD) opened at $201.33 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.39 and a debt-to-equity ratio of 9.54. Home Depot Inc has a 12-month low of $134.60 and a 12-month high of $201.33. The firm has a market capitalization of $235,100.00, a P/E ratio of 27.92, a PEG ratio of 1.85 and a beta of 1.11.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.03. Home Depot 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 in the prior year, the firm earned $1.60 earnings per share. Home Depot’s revenue for the quarter was up 8.1% on a year-over-year basis. research analysts predict that Home Depot Inc will post 7.39 EPS for the current fiscal year.

Home Depot announced that its board has approved a share repurchase plan on Wednesday, December 6th that authorizes the company to repurchase $15.00 billion in shares. This repurchase authorization authorizes the home improvement retailer to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

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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.

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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