Home Depot, Inc. (The) (NYSE:HD) Shares Bought by BB&T Corp

BB&T Corp raised its position in Home Depot, Inc. (The) (NYSE:HD) by 14.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 95,905 shares of the home improvement retailer’s stock after buying an additional 11,750 shares during the period. BB&T Corp’s holdings in Home Depot, Inc. (The) were worth $14,082,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Home Depot, Inc. (The) during the fourth quarter valued at $1,502,692,000. Fisher Asset Management LLC boosted its stake in shares of Home Depot, Inc. (The) by 1.3% in the first quarter. Fisher Asset Management LLC now owns 8,649,798 shares of the home improvement retailer’s stock valued at $1,270,050,000 after buying an additional 108,242 shares in the last quarter. Bank of Montreal Can boosted its stake in shares of Home Depot, Inc. (The) by 6.1% in the first quarter. Bank of Montreal Can now owns 3,086,386 shares of the home improvement retailer’s stock valued at $453,175,000 after buying an additional 178,101 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of Home Depot, Inc. (The) by 1.9% in the fourth quarter. Teachers Advisors LLC now owns 2,792,966 shares of the home improvement retailer’s stock valued at $374,481,000 after buying an additional 53,264 shares in the last quarter. Finally, Putnam Investments LLC boosted its stake in shares of Home Depot, Inc. (The) by 12.8% in the fourth quarter. Putnam Investments LLC now owns 2,596,938 shares of the home improvement retailer’s stock valued at $348,197,000 after buying an additional 295,244 shares in the last quarter. Institutional investors own 71.63% of the company’s stock.

Home Depot, Inc. (HD) opened at 153.89 on Tuesday. The company’s 50 day moving average price is $155.07 and its 200-day moving average price is $146.38. The company has a market cap of $183.98 billion, a P/E ratio of 23.03 and a beta of 1.09. Home Depot, Inc. has a one year low of $119.20 and a one year high of $160.86.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 16th. The home improvement retailer reported $1.67 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.06. Home Depot, Inc. (The) had a return on equity of 158.80% and a net margin of 8.53%. The company had revenue of $23.89 billion during the quarter, compared to analysts’ expectations of $23.74 billion. During the same quarter in the previous year, the business earned $1.44 EPS. Home Depot, Inc. (The)’s revenue was up 4.9% compared to the same quarter last year. On average, analysts forecast that Home Depot, Inc. will post $7.24 EPS for the current fiscal year.

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HD has been the topic of several analyst reports. Vetr upgraded Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $153.35 price target on the stock in a research report on Monday, April 10th. Stifel Nicolaus reiterated a “buy” rating and set a $178.00 price target (up from $165.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, May 17th. Royal Bank Of Canada set a $166.00 price target on Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Monday, May 15th. BTIG Research upped their price target on Home Depot, Inc. (The) from $155.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, May 15th. Finally, Jefferies Group LLC upped their price target on Home Depot, Inc. (The) from $167.00 to $182.00 and gave the company a “buy” rating in a research report on Friday, May 12th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and nineteen have assigned a buy rating to the stock. Home Depot, Inc. (The) has a consensus rating of “Buy” and a consensus target price of $164.67.

In related news, EVP Ann Marie Campbell sold 7,000 shares of the business’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $156.56, for a total transaction of $1,095,920.00. Following the completion of the transaction, the executive vice president now owns 54,091 shares in the company, valued at approximately $8,468,486.96. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP William G. Lennie sold 31,239 shares of the business’s stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $155.47, for a total value of $4,856,727.33. Following the transaction, the executive vice president now owns 46,294 shares of the company’s stock, valued at approximately $7,197,328.18. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 128,900 shares of company stock valued at $20,167,386. 0.26% of the stock is owned by company 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 serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

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

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