Home Depot, Inc. (The) (HD) Shares Bought by United Asset Strategies Inc.

United Asset Strategies Inc. boosted its position in Home Depot, Inc. (The) (NYSE:HD) by 1.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,836 shares of the home improvement retailer’s stock after buying an additional 72 shares during the quarter. United Asset Strategies Inc.’s holdings in Home Depot, Inc. (The) were worth $895,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Jackson Grant Investment Advisers Inc. increased its holdings in Home Depot, Inc. (The) by 0.4% in the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock valued at $241,000 after buying an additional 6 shares during the last quarter. Mascoma Wealth Management LLC grew its holdings in shares of 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 valued at $175,000 after purchasing an additional 7 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 valued at $280,000 after purchasing an additional 7 shares during the last quarter. Pineno Levin & Ford Asset Management Inc. grew its holdings in shares of Home Depot, Inc. (The) by 0.3% during the first quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock valued at $400,000 after purchasing an additional 9 shares during the last quarter. Finally, Silicon Valley Capital Partners grew its holdings in shares of Home Depot, Inc. (The) by 0.6% during the second quarter. Silicon Valley Capital Partners now owns 1,485 shares of the home improvement retailer’s stock valued at $228,000 after purchasing an additional 9 shares during the last quarter. 71.52% of the stock is owned by hedge funds and other institutional investors.

Home Depot, Inc. (NYSE HD) opened at $164.39 on Friday. The stock has a market capitalization of $193,785.89, a price-to-earnings ratio of 23.62, a price-to-earnings-growth ratio of 1.66 and a beta of 1.08. Home Depot, Inc. has a twelve month low of $120.06 and a twelve month high of $167.94. The company has a debt-to-equity ratio of 6.87, a current ratio of 1.30 and a quick ratio of 0.48.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.21 by $0.04. The company had revenue of $28.11 billion for the quarter, compared to analysts’ expectations of $27.84 billion. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.97 earnings per share. equities research analysts forecast that Home Depot, Inc. will post 7.32 EPS for the current fiscal year.

In other Home Depot, Inc. (The) news, EVP Matt Carey sold 32,000 shares of the company’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $157.10, for a total value of $5,027,200.00. Following the transaction, the executive vice president now owns 62,483 shares of the company’s stock, valued at $9,816,079.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Ann Marie Campbell sold 10,717 shares of the company’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 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. 0.26% of the stock is owned by corporate insiders.

Several research firms have recently commented on HD. Royal Bank Of Canada set a $179.00 target price on Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Monday, October 30th. Credit Suisse Group set a $171.00 target price on Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Friday, October 13th. Robert W. Baird set a $175.00 target price on Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Friday, October 13th. Gordon Haskett began coverage on Home Depot, Inc. (The) in a report on Tuesday, October 3rd. They set a “buy” rating and a $189.00 target price for the company. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $164.00 target price on shares of Home Depot, Inc. (The) in a report on Sunday, October 1st. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $172.38.

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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.

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

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