Home Depot, Inc. (The) (HD) Shares Sold by DF Dent & Co. Inc.

DF Dent & Co. Inc. lowered its position in shares of Home Depot, Inc. (The) (NYSE:HD) by 3.7% during the first quarter, Holdings Channel reports. The firm owned 2,608 shares of the home improvement retailer’s stock after selling 100 shares during the period. DF Dent & Co. Inc.’s holdings in Home Depot, Inc. (The) were worth $383,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. boosted its position in shares of Home Depot, Inc. (The) by 43.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 5,731,806 shares of the home improvement retailer’s stock valued at $841,602,000 after buying an additional 1,734,963 shares during the last quarter. Nicholas Investment Partners LP bought a new position in shares of Home Depot, Inc. (The) during the first quarter valued at about $280,000. Brown Advisory Securities LLC boosted its position in shares of Home Depot, Inc. (The) by 4.1% in the first quarter. Brown Advisory Securities LLC now owns 10,693 shares of the home improvement retailer’s stock valued at $1,569,000 after buying an additional 421 shares during the last quarter. Jacobson & Schmitt Advisors LLC bought a new position in shares of Home Depot, Inc. (The) during the first quarter valued at about $202,000. Finally, Stockman Wealth Management Inc. boosted its position in shares of Home Depot, Inc. (The) by 0.4% in the first quarter. Stockman Wealth Management Inc. now owns 16,607 shares of the home improvement retailer’s stock valued at $2,438,000 after buying an additional 67 shares during the last quarter. Institutional investors own 71.52% of the company’s stock.

Home Depot, Inc. (HD) traded up 1.063% on Friday, reaching $155.515. The company’s stock had a trading volume of 907,274 shares. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $160.86. The company has a market capitalization of $185.93 billion, a price-to-earnings ratio of 23.270 and a beta of 1.08. The firm’s 50 day moving average price is $151.35 and its 200-day moving average price is $149.49.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings data on Tuesday, May 16th. The home improvement retailer reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.06. The business had revenue of $23.89 billion during the quarter, compared to analyst estimates of $23.74 billion. Home Depot, Inc. (The) had a return on equity of 158.80% and a net margin of 8.53%. The company’s revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company posted $1.44 EPS. On average, equities analysts predict that Home Depot, Inc. will post $7.25 EPS for the current year.

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Several equities analysts have recently issued reports on the company. Stifel Nicolaus reiterated a “buy” rating and issued a $178.00 price objective (up previously from $165.00) on shares of Home Depot, Inc. (The) in a research note on Wednesday, May 17th. Vetr upgraded Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $160.62 price objective for the company in a research note on Tuesday, May 30th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $152.00 price objective on shares of Home Depot, Inc. (The) in a research note on Wednesday, July 12th. Zacks Investment Research upgraded Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $169.00 price objective for the company in a research note on Wednesday, July 12th. Finally, Jefferies Group LLC reiterated a “buy” rating on shares of Home Depot, Inc. (The) in a research note on Monday, July 24th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and twenty have issued a buy rating to the company. Home Depot, Inc. (The) has a consensus rating of “Buy” and a consensus price target of $164.72.

In related news, Director Wayne M. Hewett acquired 350 shares of Home Depot, Inc. (The) stock in a transaction dated Wednesday, May 17th. The stock was acquired at an average cost of $157.11 per share, with a total value of $54,988.50. Following the purchase, the director now directly owns 1,400 shares in the company, valued at approximately $219,954. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Craig A. Menear sold 90,661 shares of the firm’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $156.79, for a total value of $14,214,738.19. Following the sale, the chief executive officer now directly owns 240,090 shares of the company’s stock, valued at $37,643,711.10. The disclosure for this sale can be found here. Over the last three months, insiders have sold 128,900 shares of company stock valued at $20,167,386. Corporate insiders own 0.26% of the company’s stock.

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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