Wills Financial Group Inc. grew its holdings in shares of Home Depot Inc (NYSE:HD) by 14.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,156 shares of the home improvement retailer’s stock after buying an additional 278 shares during the quarter. Wills Financial Group Inc.’s holdings in Home Depot were worth $420,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HD. Viridian Ria LLC lifted its holdings in Home Depot by 12.1% during the second quarter. Viridian Ria LLC now owns 2,355 shares of the home improvement retailer’s stock worth $465,000 after buying an additional 255 shares during the period. Nadler Financial Group Inc. lifted its holdings in Home Depot by 11.6% during the second quarter. Nadler Financial Group Inc. now owns 2,545 shares of the home improvement retailer’s stock worth $496,000 after buying an additional 264 shares during the period. Exencial Wealth Advisors LLC lifted its holdings in Home Depot by 6.5% during the second quarter. Exencial Wealth Advisors LLC now owns 4,385 shares of the home improvement retailer’s stock worth $856,000 after buying an additional 266 shares during the period. Bingham Osborn & Scarborough LLC lifted its holdings in Home Depot by 11.2% during the second quarter. Bingham Osborn & Scarborough LLC now owns 2,712 shares of the home improvement retailer’s stock worth $529,000 after buying an additional 273 shares during the period. Finally, Burns J W & Co. Inc. NY lifted its holdings in Home Depot by 1.4% during the second quarter. Burns J W & Co. Inc. NY now owns 20,081 shares of the home improvement retailer’s stock worth $3,918,000 after buying an additional 275 shares during the period. 69.52% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have weighed in on the company. Wells Fargo & Co restated a “buy” rating and set a $230.00 target price on shares of Home Depot in a report on Sunday, September 16th. Jefferies Financial Group assumed coverage on Home Depot in a report on Tuesday, August 21st. They set a “buy” rating and a $228.00 target price for the company. Zacks Investment Research upgraded Home Depot from a “hold” rating to a “buy” rating and set a $228.00 target price for the company in a report on Friday, October 5th. Citigroup upped their price target on Home Depot from $205.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday, August 10th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $203.00 price target on shares of Home Depot in a research report on Thursday, August 16th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $204.16.

In other news, Director Manuel Kadre bought 2,000 shares of the stock in a transaction dated Wednesday, November 14th. The shares were acquired at an average cost of $177.48 per share, with a total value of $354,960.00. Following the purchase, the director now directly owns 2,000 shares in the company, valued at approximately $354,960. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Craig A. Menear sold 117,327 shares of the stock in a transaction dated Wednesday, November 14th. The stock was sold at an average price of $180.42, for a total transaction of $21,168,137.34. Following the sale, the chief executive officer now directly owns 264,970 shares in the company, valued at $47,805,887.40. The disclosure for this sale can be found here. Corporate insiders own 0.25% of the company’s stock.

Shares of HD opened at $177.02 on Monday. The stock has a market cap of $202.54 billion, a price-to-earnings ratio of 23.73, a P/E/G ratio of 1.36 and a beta of 1.26. The company has a debt-to-equity ratio of 17.68, a quick ratio of 0.28 and a current ratio of 1.09. Home Depot Inc has a fifty-two week low of $166.06 and a fifty-two week high of $215.43.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, November 13th. The home improvement retailer reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.24. The company had revenue of $26.30 billion for the quarter, compared to the consensus estimate of $26.23 billion. Home Depot had a return on equity of 664.88% and a net margin of 10.00%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $1.84 EPS. On average, analysts expect that Home Depot Inc will post 9.79 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Stockholders of record on Thursday, November 29th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend is Wednesday, November 28th. Home Depot’s payout ratio is currently 55.23%.

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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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