Centaurus Financial Inc. raised its position in shares of Home Depot Inc (NYSE:HD) by 91.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,497 shares of the home improvement retailer’s stock after purchasing an additional 5,010 shares during the quarter. Centaurus Financial Inc.’s holdings in Home Depot were worth $2,048,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Viridian Ria LLC increased its position in Home Depot by 12.1% in the second quarter. Viridian Ria LLC now owns 2,355 shares of the home improvement retailer’s stock worth $465,000 after purchasing an additional 255 shares during the last quarter. Nadler Financial Group Inc. increased its position in Home Depot by 11.6% in the second quarter. Nadler Financial Group Inc. now owns 2,545 shares of the home improvement retailer’s stock worth $496,000 after purchasing an additional 264 shares during the last quarter. Exencial Wealth Advisors LLC increased its position in Home Depot by 6.5% in the second quarter. Exencial Wealth Advisors LLC now owns 4,385 shares of the home improvement retailer’s stock worth $856,000 after purchasing an additional 266 shares during the last quarter. Bingham Osborn & Scarborough LLC increased its position in Home Depot by 11.2% in the second quarter. Bingham Osborn & Scarborough LLC now owns 2,712 shares of the home improvement retailer’s stock worth $529,000 after purchasing an additional 273 shares during the last quarter. Finally, Burns J W & Co. Inc. NY increased its position in Home Depot by 1.4% in 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 purchasing an additional 275 shares during the last quarter. 69.52% of the stock is currently owned by institutional investors and hedge funds.

HD stock opened at $169.05 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 0.28 and a debt-to-equity ratio of 17.68. Home Depot Inc has a twelve month low of $167.00 and a twelve month high of $215.43. The firm has a market cap 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 posted its quarterly earnings data on Tuesday, November 13th. The home improvement retailer reported $2.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.27 by $0.24. Home Depot had a net margin of 10.00% and a return on equity of 664.88%. The business had revenue of $26.30 billion for the quarter, compared to analysts’ expectations of $26.23 billion. During the same quarter in the previous year, the business posted $1.84 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. As a group, analysts anticipate that Home Depot Inc will post 9.79 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 13th. Stockholders 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 dividend yield of 2.44%. The ex-dividend date of this dividend is Wednesday, November 28th. Home Depot’s payout ratio is presently 55.23%.

Several equities research analysts recently weighed in on HD shares. Zacks Investment Research cut shares of Home Depot from a “buy” rating to a “sell” rating in a research report on Tuesday, October 16th. Credit Suisse Group reduced their price target on shares of Home Depot from $204.00 to $194.00 and set a “neutral” rating on the stock in a research report on Thursday, November 15th. Deutsche Bank reduced their price target on shares of Home Depot from $210.00 to $200.00 and set a “buy” rating on the stock in a research report on Wednesday, November 14th. Citigroup boosted their price target on shares of Home Depot from $205.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday, August 10th. Finally, Wells Fargo & Co restated a “buy” rating and issued a $230.00 price target on shares of Home Depot in a research report on Sunday, September 16th. Ten equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $204.16.

In related news, Director Manuel Kadre purchased 2,000 shares of the business’s stock in a transaction dated Wednesday, November 14th. The shares were purchased at an average cost of $177.48 per share, for a total transaction of $354,960.00. Following the completion of the acquisition, the director now owns 2,000 shares in the company, valued at approximately $354,960. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Craig A. Menear sold 117,327 shares of the company’s 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 completion of the transaction, the chief executive officer now 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.

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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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