Foundry Partners LLC Sells 4,675 Shares of Home Depot, Inc. (The) (HD)

Foundry Partners LLC lessened its holdings in Home Depot, Inc. (The) (NYSE:HD) by 46.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,369 shares of the home improvement retailer’s stock after selling 4,675 shares during the quarter. Foundry Partners LLC’s holdings in Home Depot, Inc. (The) were worth $824,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in HD. Boston Partners purchased a new stake in Home Depot, Inc. (The) in the first quarter worth about $326,895,000. Harbour Capital Advisors LLC grew its holdings in shares of Home Depot, Inc. (The) by 15,121.1% during the second quarter. Harbour Capital Advisors LLC now owns 1,865,037 shares of the home improvement retailer’s stock valued at $12,158,000 after buying an additional 1,852,784 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Home Depot, Inc. (The) by 43.4% during 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. Karp Capital Management Corp purchased a new stake in shares of Home Depot, Inc. (The) during the first quarter valued at approximately $99,739,000. Finally, Jennison Associates LLC grew its holdings in shares of Home Depot, Inc. (The) by 11.7% during the first quarter. Jennison Associates LLC now owns 5,304,624 shares of the home improvement retailer’s stock valued at $778,878,000 after buying an additional 556,596 shares during the last quarter. Institutional investors and hedge funds own 71.52% of the company’s stock.

In related news, EVP Ann Marie Campbell sold 10,717 shares of the business’s stock in a transaction 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 transaction, the executive vice president now directly owns 64,810 shares in the company, valued at approximately $9,877,044. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the completion of the transaction, the executive vice president now owns 62,483 shares of the company’s stock, valued at $9,816,079.30. The disclosure for this sale can be found here. Insiders sold a total of 57,717 shares of company stock worth $8,916,321 over the last ninety days. Insiders own 0.26% of the company’s stock.

Home Depot, Inc. (NYSE HD) opened at 165.78 on Wednesday. Home Depot, Inc. has a 52-week low of $119.82 and a 52-week high of $167.94. The company has a market capitalization of $195.42 billion, a P/E ratio of 23.86 and a beta of 1.07. The firm has a 50-day moving average of $163.12 and a 200 day moving average of $155.63.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings data on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, beating the consensus estimate of $2.21 by $0.04. The business had revenue of $28.11 billion for 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 business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.97 EPS. Equities analysts predict that Home Depot, Inc. will post $7.33 earnings per share for the current fiscal year.

HD has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $169.00 price target on the stock in a report on Wednesday, July 12th. Sanford C. Bernstein reiterated a “market perform” rating and set a $152.00 price target on shares of Home Depot, Inc. (The) in a report on Wednesday, July 12th. Vetr upgraded shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $164.18 price target on the stock in a report on Thursday, July 20th. Jefferies Group LLC reiterated a “buy” rating on shares of Home Depot, Inc. (The) in a report on Monday, July 24th. Finally, BidaskClub cut shares of Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $172.38.

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Home Depot, Inc. (The) 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.

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

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