The Home Depot, Inc. (NYSE:HD) Stock Holdings Lifted by Central Valley Advisors LLC

Central Valley Advisors LLC raised its position in The Home Depot, Inc. (NYSE:HDFree Report) by 0.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,352 shares of the home improvement retailer’s stock after purchasing an additional 45 shares during the quarter. Home Depot makes up approximately 2.1% of Central Valley Advisors LLC’s holdings, making the stock its 12th biggest position. Central Valley Advisors LLC’s holdings in Home Depot were worth $3,972,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in HD. Bare Financial Services Inc acquired a new stake in shares of Home Depot in the fourth quarter worth about $26,000. Frank Rimerman Advisors LLC acquired a new position in shares of Home Depot during the 4th quarter worth about $27,000. Keener Financial Planning LLC acquired a new position in shares of Home Depot during the 4th quarter worth about $31,000. PFG Private Wealth Management LLC lifted its position in shares of Home Depot by 53.3% during the 4th quarter. PFG Private Wealth Management LLC now owns 92 shares of the home improvement retailer’s stock worth $32,000 after purchasing an additional 32 shares during the last quarter. Finally, Gilfoyle & Co LLC acquired a new position in shares of Home Depot during the 4th quarter worth about $35,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insiders Place Their Bets

In other Home Depot news, EVP Matt Carey sold 56,008 shares of the company’s stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $345.18, for a total transaction of $19,332,841.44. Following the transaction, the executive vice president now owns 33,325 shares of the company’s stock, valued at approximately $11,503,123.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.10% of the company’s stock.

Home Depot Price Performance

Shares of HD stock traded down $13.72 during trading hours on Tuesday, hitting $337.16. 1,433,839 shares of the company’s stock were exchanged, compared to its average volume of 3,419,155. The Home Depot, Inc. has a 52 week low of $274.26 and a 52 week high of $396.87. The stock has a market cap of $334.33 billion, a price-to-earnings ratio of 22.72, a price-to-earnings-growth ratio of 2.46 and a beta of 1.00. The company has a debt-to-equity ratio of 23.11, a current ratio of 1.34 and a quick ratio of 0.42. The stock’s 50-day moving average is $337.91 and its 200-day moving average is $352.58.

Home Depot (NYSE:HDGet Free Report) last issued its quarterly earnings data on Tuesday, May 14th. The home improvement retailer reported $3.63 EPS for the quarter, topping analysts’ consensus estimates of $3.61 by $0.02. Home Depot had a net margin of 9.79% and a return on equity of 1,056.67%. The firm had revenue of $36.42 billion for the quarter, compared to analyst estimates of $36.65 billion. During the same quarter in the prior year, the firm earned $3.82 EPS. The company’s revenue was down 2.3% on a year-over-year basis. As a group, research analysts forecast that The Home Depot, Inc. will post 15.28 EPS for the current year.

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Thursday, May 30th were issued a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Thursday, May 30th. Home Depot’s dividend payout ratio is 60.36%.

Analyst Ratings Changes

Several equities analysts recently weighed in on HD shares. Bank of America boosted their price objective on Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Royal Bank of Canada boosted their price objective on Home Depot from $299.00 to $377.00 and gave the stock a “sector perform” rating in a research report on Monday, February 26th. Raymond James reissued a “market perform” rating on shares of Home Depot in a research report on Wednesday, May 15th. DA Davidson reissued a “neutral” rating and set a $370.00 price objective on shares of Home Depot in a research report on Monday, April 1st. Finally, TD Cowen lowered their price target on Home Depot from $440.00 to $420.00 and set a “buy” rating on the stock in a research note on Wednesday, May 15th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $377.46.

Read Our Latest Analysis on HD

Home Depot Profile

(Free Report)

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.

Recommended Stories

Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HDFree Report).

Institutional Ownership by Quarter for Home Depot (NYSE:HD)

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.