Bank of The Ozarks Reduces Holdings in Home Depot, Inc. (The) (HD)

Bank of The Ozarks decreased its position in shares of Home Depot, Inc. (The) (NYSE:HD) by 3.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,281 shares of the home improvement retailer’s stock after selling 291 shares during the quarter. Bank of The Ozarks’ holdings in Home Depot, Inc. (The) were worth $1,270,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the business. Schwab Charles Investment Management Inc. grew its holdings in shares of Home Depot, Inc. (The) by 1.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 5,839,272 shares of the home improvement retailer’s stock worth $895,745,000 after buying an additional 107,466 shares during the last quarter. Forward Management LLC grew its holdings in shares of Home Depot, Inc. (The) by 0.7% during the second quarter. Forward Management LLC now owns 5,946 shares of the home improvement retailer’s stock worth $912,000 after buying an additional 41 shares during the last quarter. Wetherby Asset Management Inc. grew its holdings in shares of Home Depot, Inc. (The) by 1.9% during the second quarter. Wetherby Asset Management Inc. now owns 23,075 shares of the home improvement retailer’s stock worth $3,539,000 after buying an additional 436 shares during the last quarter. Paragon Wealth Strategies LLC grew its holdings in shares of Home Depot, Inc. (The) by 0.4% during the second quarter. Paragon Wealth Strategies LLC now owns 1,825 shares of the home improvement retailer’s stock worth $280,000 after buying an additional 7 shares during the last quarter. Finally, Ruggie Capital Group grew its holdings in shares of Home Depot, Inc. (The) by 12.2% during the second quarter. Ruggie Capital Group now owns 1,299 shares of the home improvement retailer’s stock worth $199,000 after buying an additional 141 shares during the last quarter. 71.52% of the stock is currently owned by institutional investors.

In related news, EVP Ann Marie Campbell sold 10,717 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $152.40, for a total value of $1,633,270.80. Following the completion of the sale, the executive vice president now owns 64,810 shares in the company, valued at approximately $9,877,044. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $150.39, for a total transaction of $2,255,850.00. Following the completion of the sale, the executive vice president now owns 33,147 shares of the company’s stock, valued at approximately $4,984,977.33. The disclosure for this sale can be found here. In the last 90 days, insiders sold 57,717 shares of company stock valued at $8,916,321. 0.26% of the stock is owned by insiders.

TRADEMARK VIOLATION WARNING: This article was first posted by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another domain, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The original version of this article can be viewed at https://www.com-unik.info/2017/10/31/bank-of-the-ozarks-reduces-holdings-in-home-depot-inc-the-hd.html.

A number of equities analysts recently issued reports on the company. Zacks Investment Research raised Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $167.00 price target on the stock in a report on Thursday, August 24th. Robert W. Baird set a $175.00 price target on Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Friday, October 13th. Longbow Research reissued a “buy” rating and set a $175.00 price target on shares of Home Depot, Inc. (The) in a report on Monday, August 14th. BidaskClub lowered Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a report on Wednesday, August 23rd. Finally, Barclays PLC set a $165.00 price target on Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $172.38.

Shares of Home Depot, Inc. (NYSE:HD) opened at 165.31 on Tuesday. The stock has a market capitalization of $194.87 billion, a PE ratio of 23.79 and a beta of 1.07. Home Depot, Inc. has a 1-year low of $119.20 and a 1-year high of $167.94. The firm has a 50-day moving average of $162.92 and a 200 day moving average of $155.56.

Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.21 by $0.04. The business had revenue of $28.11 billion during the quarter, compared to the consensus estimate of $27.84 billion. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.97 EPS. On average, equities analysts anticipate that Home Depot, Inc. will post $7.33 earnings per share for the current fiscal year.

About Home Depot, Inc. (The)

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.

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

What are top analysts saying about Home Depot Inc. (The)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Home Depot Inc. (The) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit