Bridgeworth LLC raised its stake in Home Depot Inc (NYSE:HD) by 7.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,869 shares of the home improvement retailer’s stock after purchasing an additional 280 shares during the period. Bridgeworth LLC’s holdings in Home Depot were worth $754,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Lucia Wealth Services LLC purchased a new position in shares of Home Depot during the first quarter worth approximately $101,000. Institutional & Family Asset Management LLC purchased a new position in shares of Home Depot during the first quarter worth approximately $108,000. CSat Investment Advisory L.P. purchased a new position in shares of Home Depot during the second quarter worth approximately $112,000. RPg Family Wealth Advisory LLC grew its position in shares of Home Depot by 84.6% during the second quarter. RPg Family Wealth Advisory LLC now owns 600 shares of the home improvement retailer’s stock worth $117,000 after acquiring an additional 275 shares during the last quarter. Finally, Fort L.P. purchased a new position in shares of Home Depot during the second quarter worth approximately $120,000. Institutional investors own 69.52% of the company’s stock.

In other Home Depot news, CEO Craig A. Menear sold 117,327 shares of the firm’s stock in a transaction on Wednesday, November 14th. The stock was sold at an average price of $180.42, for a total value of $21,168,137.34. Following the completion of the sale, the chief executive officer now owns 264,970 shares of the company’s stock, valued at $47,805,887.40. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP William G. Lennie sold 10,854 shares of the firm’s stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of $201.64, for a total value of $2,188,600.56. Following the completion of the sale, the executive vice president now directly 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 company insiders.

Home Depot stock opened at $173.59 on Tuesday. Home Depot Inc has a one year low of $167.80 and a one year high of $215.43. The company has a debt-to-equity ratio of 17.68, a current ratio of 1.09 and a quick ratio of 0.28. The firm has a market capitalization of $202.54 billion, a price-to-earnings ratio of 23.27, a price-to-earnings-growth ratio of 1.36 and a beta of 1.26.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Shareholders of record on Thursday, November 29th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Wednesday, November 28th. Home Depot’s dividend payout ratio (DPR) is currently 55.23%.

HD has been the topic of a number of research reports. Citigroup restated a “buy” rating and set a $227.00 target price on shares of Home Depot in a research report on Wednesday, August 15th. Zacks Investment Research raised Home Depot from a “hold” rating to a “buy” rating and set a $228.00 price target for the company in a report on Friday, October 5th. Wells Fargo & Co reaffirmed a “buy” rating and set a $230.00 price target 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 price target for the company. Finally, UBS Group decreased their price target on Home Depot from $225.00 to $220.00 and set a “buy” rating for the company in a report on Wednesday, November 14th. Ten investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. Home Depot presently has an average rating of “Buy” and a consensus price target of $204.16.

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About Home Depot

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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