Winfield Associates Inc. decreased its position in Home Depot Inc (NYSE:HD) by 0.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,569 shares of the home improvement retailer’s stock after selling 60 shares during the period. Home Depot comprises 1.1% of Winfield Associates Inc.’s investment portfolio, making the stock its 26th biggest position. Winfield Associates Inc.’s holdings in Home Depot were worth $2,380,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ increased its position in shares of Home Depot by 1.3% in the first 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 in the last quarter. Morgan Stanley grew its stake in Home Depot by 2.4% in the 1st 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 increased its holdings in Home Depot by 3.8% in the 1st quarter. Guardian Capital LP now owns 55,925 shares of the home improvement retailer’s stock worth $10,442,000 after acquiring an additional 2,028 shares in the last quarter. Aspen Investment Management Inc raised its position in Home Depot by 3.8% during the first quarter. Aspen Investment Management Inc now owns 7,576 shares of the home improvement retailer’s stock worth $1,415,000 after acquiring an additional 280 shares during the period. Finally, Full Sail Capital LLC raised its position in Home Depot by 51.9% during the first quarter. Full Sail Capital LLC now owns 6,780 shares of the home improvement retailer’s stock worth $1,589,000 after acquiring an additional 2,318 shares during the period. 69.00% of the stock is currently owned by institutional investors and hedge funds.

NYSE HD opened at $287.66 on Friday. The stock has a fifty day simple moving average of $278.34 and a 200-day simple moving average of $251.27. The stock has a market cap of $309.65 billion, a PE ratio of 26.37, a P/E/G ratio of 2.38 and a beta of 1.09. Home Depot Inc has a twelve month low of $140.63 and a twelve month high of $292.95.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.02 EPS for the quarter, beating the Zacks’ consensus estimate of $3.20 by $0.82. Home Depot had a net margin of 9.91% and a negative return on equity of 583.91%. The company had revenue of $38.05 billion for the quarter, compared to analysts’ expectations of $32.13 billion. During the same quarter in the prior year, the company posted $3.17 earnings per share. Home Depot’s revenue for the quarter was up 23.4% compared to the same quarter last year. Analysts expect that Home Depot Inc will post 11.36 EPS for the current fiscal year.

A number of research firms have recently commented on HD. Jefferies Financial Group boosted their target price on shares of Home Depot from $306.00 to $332.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Bank of America raised Home Depot from a “neutral” rating to a “buy” rating and increased their target price for the company from $290.00 to $330.00 in a report on Wednesday, August 19th. BofA Securities raised Home Depot from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $290.00 to $330.00 in a research note on Wednesday, August 19th. Nomura increased their price objective on Home Depot from $252.00 to $266.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, Argus lifted their target price on shares of Home Depot from $300.00 to $320.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. 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. Home Depot presently has an average rating of “Buy” and an average target price of $288.79.

In other news, EVP Teresa Wynn Roseborough sold 41,947 shares of Home Depot stock in a transaction on Friday, August 21st. The stock was sold at an average price of $279.83, for a total value of $11,738,029.01. Also, EVP William G. Lennie sold 13,199 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were 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 in the company, valued at approximately $14,086,229.92. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 119,304 shares of company stock worth $32,088,591. Company insiders own 0.26% of the company’s stock.

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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