San Francisco Sentry Investment Group CA lowered its position in shares of Home Depot Inc (NYSE:HD) by 0.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,870 shares of the home improvement retailer’s stock after selling 114 shares during the quarter. Home Depot accounts for about 2.3% of San Francisco Sentry Investment Group CA’s investment portfolio, making the stock its 5th largest position. San Francisco Sentry Investment Group CA’s holdings in Home Depot were worth $4,407,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of HD. Vanguard Group Inc. boosted its stake in shares of Home Depot by 6.7% in the second quarter. Vanguard Group Inc. now owns 91,547,627 shares of the home improvement retailer’s stock worth $22,933,597,000 after acquiring an additional 5,714,595 shares during the period. Capital Research Global Investors lifted its holdings in Home Depot by 28.6% in the 1st quarter. Capital Research Global Investors now owns 21,071,595 shares of the home improvement retailer’s stock worth $3,934,286,000 after purchasing an additional 4,690,072 shares in the last quarter. FMR LLC boosted its stake in Home Depot by 2.4% in the 2nd quarter. FMR LLC now owns 19,084,248 shares of the home improvement retailer’s stock worth $4,780,796,000 after purchasing an additional 441,321 shares during the period. Bank of New York Mellon Corp grew its holdings in Home Depot by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,095,006 shares of the home improvement retailer’s stock valued at $2,528,899,000 after buying an additional 43,968 shares in the last quarter. Finally, Morgan Stanley raised its position in shares of 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 buying an additional 216,078 shares during the last quarter. Institutional investors and hedge funds own 69.00% of the company’s stock.

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

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.20 by $0.82. The firm had revenue of $38.05 billion during the quarter, compared to analyst estimates of $32.13 billion. Home Depot had a net margin of 9.91% and a negative return on equity of 583.91%. The business’s revenue was up 23.4% on a year-over-year basis. During the same period in the previous year, the firm earned $3.17 earnings per share. On average, equities analysts anticipate that Home Depot Inc will post 11.36 EPS for the current year.

In other Home Depot news, EVP Matt Carey sold 50,478 shares of Home Depot stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $276.43, for a total transaction of $13,953,633.54. Following the completion of the sale, the executive vice president now directly owns 62,735 shares of the company’s stock, valued at approximately $17,341,836.05. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP William G. Lennie sold 13,199 shares of the company’s stock in a transaction on 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 completion of the sale, the executive vice president now owns 49,736 shares of the company’s stock, valued at $14,086,229.92. The disclosure for this sale can be found here. Over the last three months, insiders sold 119,304 shares of company stock valued at $32,088,591. 0.26% of the stock is owned by corporate insiders.

HD has been the subject of several research analyst reports. Raymond James raised their target price on shares of Home Depot from $295.00 to $305.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. UBS Group lifted their target price on Home Depot from $300.00 to $315.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Jefferies Financial Group boosted their target price on Home Depot from $306.00 to $332.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Morgan Stanley raised their price target on Home Depot from $295.00 to $300.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Finally, Nomura lifted their price objective on Home Depot from $252.00 to $266.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Eight investment analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the company. Home Depot currently has a consensus rating of “Buy” and a consensus price target of $288.79.

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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