Home Depot, Inc. (The) (HD) Stake Maintained by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC held its position in shares of Home Depot, Inc. (The) (NYSE:HD) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,903 shares of the home improvement retailer’s stock at the close of the second quarter. Patton Albertson Miller Group LLC’s holdings in Home Depot, Inc. (The) were worth $285,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. American Beacon Advisors Inc. bought a new stake in Home Depot, Inc. (The) during the first quarter worth about $100,000. Riggs Asset Managment Co. Inc. lifted its position in Home Depot, Inc. (The) by 114.1% during the first quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock worth $109,000 after purchasing an additional 397 shares during the period. St. Johns Investment Management Company LLC lifted its position in Home Depot, Inc. (The) by 81.8% during the second quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock worth $169,000 after purchasing an additional 495 shares during the period. Mascoma Wealth Management LLC lifted its position in Home Depot, Inc. (The) by 0.6% during the second quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock worth $175,000 after purchasing an additional 7 shares during the period. Finally, Peoples Financial Services CORP. lifted its position in Home Depot, Inc. (The) by 12.2% during the second quarter. Peoples Financial Services CORP. now owns 1,150 shares of the home improvement retailer’s stock worth $176,000 after purchasing an additional 125 shares during the period. Institutional investors and hedge funds own 71.52% of the company’s stock.

In related news, EVP Teresa Wynn Roseborough sold 15,000 shares of the stock in a transaction dated Monday, August 21st. The stock was 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 in the company, valued at $4,984,977.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ann Marie Campbell sold 10,717 shares of the stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $152.40, for a total value of $1,633,270.80. Following the sale, the executive vice president now owns 64,810 shares of the company’s stock, valued at approximately $9,877,044. The disclosure for this sale can be found here. Insiders sold 57,717 shares of company stock worth $8,916,321 in the last ninety days. Corporate insiders own 0.26% of the company’s stock.

A number of research firms have recently commented on HD. Zacks Investment Research cut shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a report on Friday, September 8th. Jefferies Group LLC reissued a “buy” rating and issued a $182.00 target price on shares of Home Depot, Inc. (The) in a report on Thursday, August 10th. Citigroup Inc. reissued a “buy” rating and issued a $179.00 target price on shares of Home Depot, Inc. (The) in a report on Wednesday, August 16th. Oppenheimer Holdings, Inc. set a $178.00 target price on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Tuesday, August 15th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Home Depot, Inc. (The) in a report on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Home Depot, Inc. (The) currently has an average rating of “Buy” and a consensus target price of $172.38.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings data on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, topping the consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm had revenue of $28.11 billion for the quarter, compared to the consensus estimate of $27.84 billion. During the same quarter last year, the company earned $1.97 earnings per share. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year.

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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.

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

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