Aprio Wealth Management LLC decreased its stake in shares of Home Depot Inc (NYSE:HD) by 7.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 2,983 shares of the home improvement retailer’s stock after selling 225 shares during the period. Home Depot accounts for about 0.6% of Aprio Wealth Management LLC’s holdings, making the stock its 29th largest position. Aprio Wealth Management LLC’s holdings in Home Depot were worth $828,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Skandinaviska Enskilda Banken AB publ grew its stake in Home Depot by 1.3% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 326,905 shares of the home improvement retailer’s stock valued at $61,036,000 after buying an additional 4,303 shares during the last quarter. Morgan Stanley boosted its holdings in Home Depot by 2.4% during the first quarter. Morgan Stanley now owns 9,255,927 shares of the home improvement retailer’s stock valued at $1,728,173,000 after acquiring an additional 216,078 shares during the period. Guardian Capital LP grew its position in shares of Home Depot by 3.8% in the first quarter. Guardian Capital LP now owns 55,925 shares of the home improvement retailer’s stock valued at $10,442,000 after purchasing an additional 2,028 shares during the last quarter. Aspen Investment Management Inc increased its stake in shares of Home Depot by 3.8% in the first quarter. Aspen Investment Management Inc now owns 7,576 shares of the home improvement retailer’s stock worth $1,415,000 after purchasing an additional 280 shares during the period. Finally, Full Sail Capital LLC lifted its position in shares of Home Depot by 51.9% during the 1st quarter. Full Sail Capital LLC now owns 6,780 shares of the home improvement retailer’s stock worth $1,589,000 after purchasing an additional 2,318 shares during the last quarter. 69.00% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have commented on the company. Barclays lifted their price target on Home Depot from $260.00 to $315.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. BNP Paribas assumed coverage on shares of Home Depot in a research report on Monday, October 5th. They set an “outperform” rating and a $310.00 target price on the stock. Raymond James increased their price target on shares of Home Depot from $295.00 to $305.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. Gordon Haskett upgraded shares of Home Depot from a “hold” rating to an “accumulate” rating and set a $306.00 price objective on the stock in a report on Wednesday, August 12th. Finally, Credit Suisse Group reiterated a “buy” rating and issued a $300.00 target price on shares of Home Depot in a research note on Monday, August 17th. Eight investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $288.79.

Shares of HD stock opened at $287.66 on Friday. Home Depot Inc has a 52 week low of $140.63 and a 52 week high of $292.95. The stock has a market capitalization of $309.65 billion, a PE ratio of 26.37, a PEG ratio of 2.38 and a beta of 1.09. The stock’s fifty day moving average is $278.34 and its 200-day moving average is $251.27.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.20 by $0.82. The business had revenue of $38.05 billion for the quarter, compared to the consensus estimate of $32.13 billion. Home Depot had a net margin of 9.91% and a negative return on equity of 583.91%. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.17 EPS. Equities research analysts forecast that Home Depot Inc will post 11.36 earnings per share for the current year.

In related news, EVP William G. Lennie sold 13,199 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $283.22, for a total value of $3,738,220.78. Following the transaction, the executive vice president now owns 49,736 shares in the company, valued at $14,086,229.92. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Matt Carey sold 13,680 shares of Home Depot stock in a transaction dated Sunday, August 16th. The stock was sold at an average price of $194.35, for a total value of $2,658,708.00. The disclosure for this sale can be found here. Insiders have sold 119,304 shares of company stock worth $32,088,591 over the last quarter. 0.26% of the stock is owned by company insiders.

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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