Home Depot, Inc. (The) (HD) Shares Sold by Goodman Financial Corp

Goodman Financial Corp reduced its stake in shares of Home Depot, Inc. (The) (NYSE:HD) by 3.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,855 shares of the home improvement retailer’s stock after selling 1,724 shares during the period. Home Depot, Inc. (The) makes up 4.2% of Goodman Financial Corp’s portfolio, making the stock its 3rd largest position. Goodman Financial Corp’s holdings in Home Depot, Inc. (The) were worth $7,059,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HD. Nisa Investment Advisors LLC increased its stake in shares of Home Depot, Inc. (The) by 7.8% in the second quarter. Nisa Investment Advisors LLC now owns 481,412 shares of the home improvement retailer’s stock valued at $61,472,000 after buying an additional 34,936 shares during the period. Douglass Winthrop Advisors LLC increased its stake in Home Depot, Inc. (The) by 1.3% in the second quarter. Douglass Winthrop Advisors LLC now owns 35,326 shares of the home improvement retailer’s stock worth $4,511,000 after buying an additional 461 shares during the last quarter. Carlton Hofferkamp & Jenks Wealth Management LLC bought a new stake in Home Depot, Inc. (The) during the second quarter worth about $765,000. iAB Financial Bank increased its stake in Home Depot, Inc. (The) by 5.3% in the second quarter. iAB Financial Bank now owns 3,600 shares of the home improvement retailer’s stock worth $460,000 after buying an additional 180 shares during the last quarter. Finally, Investment Counsel Inc. increased its stake in Home Depot, Inc. (The) by 50.4% in the second quarter. Investment Counsel Inc. now owns 14,550 shares of the home improvement retailer’s stock worth $1,858,000 after buying an additional 4,873 shares during the last quarter. Institutional investors and hedge funds own 70.23% of the company’s stock.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

Shares of Home Depot, Inc. (NYSE:HD) traded down 0.07% during trading on Wednesday, reaching $136.01. 1,847,978 shares of the company traded hands. Home Depot, Inc. has a 12 month low of $109.62 and a 12 month high of $139.00. The stock has a market capitalization of $165.68 billion, a PE ratio of 22.08 and a beta of 1.09. The company has a 50-day moving average of $133.47 and a 200-day moving average of $131.13.

Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings data on Tuesday, November 15th. The home improvement retailer reported $1.60 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.58 by $0.02. The company had revenue of $23.20 billion for the quarter, compared to analyst estimates of $23.05 billion. Home Depot, Inc. (The) had a net margin of 8.23% and a return on equity of 123.29%. The company’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.36 earnings per share. Analysts forecast that Home Depot, Inc. will post $6.34 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st were given a $0.69 dividend. This represents a $2.76 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend was Tuesday, November 29th. Home Depot, Inc. (The)’s payout ratio is presently 44.66%.

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A number of equities research analysts have issued reports on HD shares. Argus reiterated a “hold” rating and issued a $154.00 target price on shares of Home Depot, Inc. (The) in a research report on Friday, September 16th. Morgan Stanley set a $145.00 target price on shares of Home Depot, Inc. (The) and gave the stock a “hold” rating in a research report on Wednesday, September 28th. Vetr downgraded shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $132.30 target price for the company. in a research report on Monday, October 3rd. Zacks Investment Research upgraded shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $144.00 target price for the company in a research report on Tuesday, October 4th. Finally, Piper Jaffray Companies downgraded shares of Home Depot, Inc. (The) from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $152.00 to $121.00 in a research report on Monday, October 31st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eighteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $144.38.

In other Home Depot, Inc. (The) news, Director Mark C. Vadon purchased 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 29th. The shares were acquired at an average cost of $129.87 per share, for a total transaction of $1,948,050.00. Following the completion of the purchase, the director now owns 31,095 shares of the company’s stock, valued at approximately $4,038,307.65. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffery H. Boyd purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 18th. The stock was acquired at an average price of $128.27 per share, for a total transaction of $1,282,700.00. Following the completion of the purchase, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $1,282,700. The disclosure for this purchase can be found here. 0.26% of the stock is currently owned by insiders.

Home Depot, Inc. (The) Company Profile

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

5 Day Chart for NYSE:HD

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