Banco de Sabadell S.A raised its stake in shares of Home Depot Inc (NYSE:HD) by 19.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,336 shares of the home improvement retailer’s stock after purchasing an additional 5,531 shares during the period. Home Depot accounts for approximately 0.9% of Banco de Sabadell S.A’s holdings, making the stock its 29th biggest position. Banco de Sabadell S.A’s holdings in Home Depot were worth $6,703,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Institutional & Family Asset Management LLC purchased a new stake in Home Depot in the 1st quarter worth about $108,000. CSat Investment Advisory L.P. bought a new position in shares of Home Depot during the second quarter valued at approximately $112,000. RPg Family Wealth Advisory LLC boosted its stake 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 valued at $117,000 after purchasing an additional 275 shares in the last quarter. Fort L.P. bought a new position in shares of Home Depot during the second quarter valued at approximately $120,000. Finally, Advisors Preferred LLC boosted its stake in shares of Home Depot by 819.7% during the second quarter. Advisors Preferred LLC now owns 653 shares of the home improvement retailer’s stock valued at $127,000 after purchasing an additional 582 shares in the last quarter. 69.52% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on the stock. Robert W. Baird dropped their price objective on shares of Home Depot from $215.00 to $210.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 13th. Piper Jaffray Companies reiterated a “hold” rating and set a $203.00 price objective on shares of Home Depot in a research note on Thursday, August 16th. Citigroup restated a “buy” rating and issued a $227.00 target price on shares of Home Depot in a research note on Wednesday, August 15th. Jefferies Financial Group began coverage on shares of Home Depot in a research note on Tuesday, August 21st. They issued a “buy” rating and a $228.00 target price for the company. Finally, Morgan Stanley decreased their price target on shares of Home Depot from $225.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, October 23rd. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $204.16.

In other news, CEO Craig A. Menear sold 117,327 shares of the business’s stock in a transaction that occurred on Wednesday, November 14th. The shares were sold at an average price of $180.42, for a total value of $21,168,137.34. Following the sale, the chief executive officer now directly owns 264,970 shares of the company’s stock, valued at approximately $47,805,887.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Manuel Kadre purchased 2,000 shares of Home Depot stock in a transaction dated Wednesday, November 14th. The stock was bought at an average cost of $177.48 per share, for a total transaction of $354,960.00. Following the completion of the purchase, the director now directly owns 2,000 shares in the company, valued at approximately $354,960. The disclosure for this purchase can be found here. 0.25% of the stock is owned by company insiders.

HD opened at $169.05 on Wednesday. Home Depot Inc has a fifty-two week low of $167.00 and a fifty-two week 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 22.66, a PEG ratio of 1.36 and a beta of 1.26.

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

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Stockholders of record on Thursday, November 29th will be given a $1.03 dividend. The ex-dividend date of this dividend is Wednesday, November 28th. This represents a $4.12 annualized dividend and a dividend yield of 2.44%. Home Depot’s dividend payout ratio (DPR) is 55.23%.

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Home Depot Company 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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