Vishria Bird Financial Group LLC acquired a new position in Home Depot Inc (NYSE:HD) during the second quarter, according to its most recent filing with the SEC. The firm acquired 1,075 shares of the home improvement retailer’s stock, valued at approximately $210,000.

Other hedge funds have also modified their holdings of the company. Lucia Wealth Services LLC bought a new stake in shares of Home Depot in the 1st quarter worth approximately $101,000. Institutional & Family Asset Management LLC bought a new stake in shares of Home Depot during the first quarter valued at approximately $108,000. Clarus Wealth Advisors bought a new stake in shares of Home Depot during the second quarter valued at approximately $136,000. Princeton Capital Management LLC bought a new stake in shares of Home Depot during the first quarter valued at approximately $151,000. Finally, Capital Management Associates NY bought a new stake in shares of Home Depot during the second quarter valued at approximately $203,000. Hedge funds and other institutional investors own 69.01% of the company’s stock.

In other news, EVP Matt Carey sold 4,125 shares of the business’s stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $195.43, for a total value of $806,148.75. Following the completion of the transaction, the executive vice president now owns 60,179 shares in the company, valued at $11,760,781.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP William G. Lennie sold 10,854 shares of the business’s stock in a transaction on Wednesday, August 22nd. The stock was sold at an average price of $201.64, for a total value of $2,188,600.56. Following the completion of the transaction, the executive vice president now owns 40,057 shares of the company’s stock, valued at approximately $8,077,093.48. The disclosure for this sale can be found here. 0.25% of the stock is currently owned by insiders.

Shares of NYSE:HD opened at $192.47 on Friday. The firm has a market cap of $237.01 billion, a price-to-earnings ratio of 25.80, a P/E/G ratio of 1.63 and a beta of 1.11. Home Depot Inc has a 12-month low of $160.53 and a 12-month high of $215.43. The company has a debt-to-equity ratio of 11.60, a current ratio of 1.13 and a quick ratio of 0.37.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 14th. The home improvement retailer reported $3.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.84 by $0.21. The business had revenue of $30.46 billion during the quarter, compared to analysts’ expectations of $30.04 billion. Home Depot had a return on equity of 522.68% and a net margin of 9.45%. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.59 earnings per share. As a group, research analysts anticipate that Home Depot Inc will post 9.58 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 13th. Shareholders of record on Thursday, August 30th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, August 29th. Home Depot’s payout ratio is 55.23%.

HD has been the topic of several research reports. UBS Group lifted their price target on Home Depot from $212.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, June 20th. ValuEngine upgraded Home Depot from a “hold” rating to a “buy” rating in a research report on Monday, July 2nd. Loop Capital set a $200.00 price target on Home Depot and gave the company a “hold” rating in a research report on Wednesday, July 11th. Zacks Investment Research upgraded Home Depot from a “hold” rating to a “buy” rating and set a $223.00 price target on the stock in a research report on Tuesday, July 17th. Finally, Citigroup lifted their price target on Home Depot from $205.00 to $220.00 and gave the company a “positive” rating in a research report on Friday, August 10th. Six equities research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the stock. Home Depot presently has an average rating of “Buy” and a consensus price target of $207.40.

Home Depot Profile

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

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

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