Israel Discount Bank of New York trimmed its holdings in The Home Depot (NYSE:HD) by 24.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,833 shares of the home improvement retailer’s stock after selling 1,210 shares during the period. Israel Discount Bank of New York’s holdings in The Home Depot were worth $726,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Jennison Associates LLC grew its position in shares of The Home Depot by 65.4% during the 4th quarter. Jennison Associates LLC now owns 8,227,834 shares of the home improvement retailer’s stock valued at $1,559,421,000 after purchasing an additional 3,254,382 shares in the last quarter. Capital International Investors grew its position in shares of The Home Depot by 132.5% during the 3rd quarter. Capital International Investors now owns 3,268,036 shares of the home improvement retailer’s stock valued at $534,520,000 after purchasing an additional 1,862,134 shares in the last quarter. APG Asset Management N.V. grew its position in shares of The Home Depot by 66.3% during the 4th quarter. APG Asset Management N.V. now owns 3,727,680 shares of the home improvement retailer’s stock valued at $588,364,000 after purchasing an additional 1,485,500 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of The Home Depot by 46.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,059,019 shares of the home improvement retailer’s stock valued at $769,306,000 after purchasing an additional 1,279,244 shares in the last quarter. Finally, Stifel Financial Corp grew its position in shares of The Home Depot by 8,118.8% during the 3rd quarter. Stifel Financial Corp now owns 1,174,227 shares of the home improvement retailer’s stock valued at $191,976,000 after purchasing an additional 1,159,940 shares in the last quarter. Institutional investors and hedge funds own 68.42% of the company’s stock.

A number of research analysts have recently commented on the stock. Loop Capital set a $187.00 price target on shares of The Home Depot and gave the company a “hold” rating in a research report on Tuesday, May 15th. Deutsche Bank set a $210.00 price target on shares of The Home Depot and gave the company a “buy” rating in a research report on Tuesday, May 15th. Argus restated a “buy” rating and set a $215.00 price target (up from $190.00) on shares of The Home Depot in a research report on Wednesday, February 21st. Wedbush restated a “hold” rating and set a $190.00 price target (up from $170.00) on shares of The Home Depot in a research report on Wednesday, February 21st. Finally, Credit Suisse Group set a $222.00 target price on shares of The Home Depot and gave the stock a “buy” rating in a research report on Monday, May 14th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $195.95.

The Home Depot opened at $186.85 on Friday, Marketbeat Ratings reports. The company has a quick ratio of 0.37, a current ratio of 1.17 and a debt-to-equity ratio of 14.37. The firm has a market capitalization of $215.54 billion, a price-to-earnings ratio of 23.77, a price-to-earnings-growth ratio of 1.40 and a beta of 1.14. The Home Depot has a twelve month low of $144.25 and a twelve month high of $207.60.

The Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, May 15th. The home improvement retailer reported $2.08 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.03. The business had revenue of $24.95 billion during the quarter, compared to the consensus estimate of $25.17 billion. The Home Depot had a net margin of 8.85% and a return on equity of 399.15%. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.67 earnings per share. equities analysts anticipate that The Home Depot will post 9.45 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 14th. Stockholders of record on Thursday, May 31st will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Wednesday, May 30th. The Home Depot’s dividend payout ratio (DPR) is 55.23%.

In other news, EVP Edward P. Decker sold 17,660 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $187.32, for a total transaction of $3,308,071.20. Following the completion of the transaction, the executive vice president now directly owns 73,815 shares of the company’s stock, valued at $13,827,025.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Armando M. Codina acquired 6,650 shares of the stock in a transaction dated Friday, March 2nd. The shares were purchased at an average cost of $178.66 per share, with a total value of $1,188,089.00. Following the completion of the purchase, the director now owns 42,300 shares of the company’s stock, valued at approximately $7,557,318. The disclosure for this purchase can be found here. Corporate insiders own 0.25% of the company’s stock.

The Home Depot Profile

Home Depot, Inc is a home improvement retailer which engages in the sale of building materials and home improvement products. Its producst include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services and tool and equipment rental.

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

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