Hirtle Callaghan & Co LLC cut its holdings in shares of The Home Depot (NYSE:HD) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,400 shares of the home improvement retailer’s stock after selling 402 shares during the period. The Home Depot comprises about 0.1% of Hirtle Callaghan & Co LLC’s portfolio, making the stock its 27th biggest position. Hirtle Callaghan & Co LLC’s holdings in The Home Depot were worth $1,403,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the business. Atlantic Trust LLC lifted its holdings in shares of The Home Depot by 12.8% during the second quarter. Atlantic Trust LLC now owns 20,332 shares of the home improvement retailer’s stock worth $3,119,000 after purchasing an additional 2,309 shares during the period. APG Asset Management N.V. lifted its holdings in The Home Depot by 6.3% in the third quarter. APG Asset Management N.V. now owns 2,242,180 shares of the home improvement retailer’s stock valued at $366,731,000 after acquiring an additional 133,300 shares during the period. Dimensional Fund Advisors LP increased its position in shares of The Home Depot by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 3,133,380 shares of the home improvement retailer’s stock valued at $512,473,000 after buying an additional 8,344 shares in the last quarter. HM Payson & Co. increased its position in shares of The Home Depot by 88.2% in the third quarter. HM Payson & Co. now owns 143,617 shares of the home improvement retailer’s stock valued at $23,490,000 after buying an additional 67,309 shares in the last quarter. Finally, Andra AP fonden increased its position in shares of The Home Depot by 1.4% in the second quarter. Andra AP fonden now owns 106,299 shares of the home improvement retailer’s stock valued at $16,306,000 after buying an additional 1,499 shares in the last quarter. Institutional investors own 70.69% of the company’s stock.
In other The Home Depot news, CEO Craig A. Menear sold 113,687 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $183.79, for a total value of $20,894,533.73. Following the completion of the sale, the chief executive officer now owns 237,957 shares in the company, valued at approximately $43,734,117.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Armando M. Codina bought 6,650 shares of the company’s stock in a transaction dated Friday, March 2nd. The stock was bought at an average cost of $178.66 per share, with a total value of $1,188,089.00. Following the completion of the acquisition, the director now owns 42,300 shares in the company, valued at approximately $7,557,318. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 169,027 shares of company stock valued at $31,220,882. 0.26% of the stock is owned by corporate insiders.
A number of analysts recently commented on the company. Credit Suisse Group reiterated a “hold” rating on shares of The Home Depot in a research report on Tuesday, December 12th. Bank of America reissued a “buy” rating and issued a $190.60 price target (down from $219.00) on shares of The Home Depot in a research note on Tuesday, February 20th. Morgan Stanley set a $185.00 price target on The Home Depot and gave the stock a “buy” rating in a research note on Friday, December 8th. Wedbush reaffirmed a “hold” rating and issued a $190.00 price objective (up from $170.00) on shares of The Home Depot in a research note on Wednesday, February 21st. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $220.00 price objective (up from $190.00) on shares of The Home Depot in a research note on Friday, January 19th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company. The Home Depot presently has a consensus rating of “Buy” and an average target price of $194.04.
Shares of HD stock opened at $174.45 on Friday. The stock has a market capitalization of $207,205.39, a price-to-earnings ratio of 23.38, a PEG ratio of 1.42 and a beta of 1.15. The Home Depot has a fifty-two week low of $144.25 and a fifty-two week high of $207.60. The company has a current ratio of 1.17, a quick ratio of 0.38 and a debt-to-equity ratio of 16.69.
The Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 20th. The home improvement retailer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.07. The company had revenue of $23.88 billion during the quarter, compared to the consensus estimate of $23.65 billion. The Home Depot had a return on equity of 306.73% and a net margin of 8.55%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.44 EPS. equities research analysts expect that The Home Depot will post 9.43 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 22nd. Investors of record on Thursday, March 8th were paid a dividend of $1.03 per share. This is an increase from The Home Depot’s previous quarterly dividend of $0.89. The ex-dividend date was Wednesday, March 7th. This represents a $4.12 annualized dividend and a yield of 2.36%. The Home Depot’s dividend payout ratio is presently 55.23%.
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The Home Depot Company 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 décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.
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