Rational Advisors LLC Has $1.31 Million Stake in Home Depot, Inc. (The) (HD)

Rational Advisors LLC reduced its stake in shares of Home Depot, Inc. (The) (NYSE:HD) by 3.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,555 shares of the home improvement retailer’s stock after selling 270 shares during the quarter. Rational Advisors LLC’s holdings in Home Depot, Inc. (The) were worth $1,312,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HD. Boston Partners acquired a new position in shares of Home Depot, Inc. (The) during the 1st quarter worth about $326,895,000. Harbour Capital Advisors LLC grew its position in shares of Home Depot, Inc. (The) by 15,121.1% during the 2nd quarter. Harbour Capital Advisors LLC now owns 1,865,037 shares of the home improvement retailer’s stock worth $12,158,000 after buying an additional 1,852,784 shares during the period. Schwab Charles Investment Management Inc. grew its position in shares of Home Depot, Inc. (The) by 43.4% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 5,731,806 shares of the home improvement retailer’s stock worth $841,602,000 after buying an additional 1,734,963 shares during the period. Karp Capital Management Corp acquired a new position in shares of Home Depot, Inc. (The) during the 1st quarter worth about $99,739,000. Finally, Jennison Associates LLC grew its position in shares of Home Depot, Inc. (The) by 11.7% during the 1st quarter. Jennison Associates LLC now owns 5,304,624 shares of the home improvement retailer’s stock worth $778,878,000 after buying an additional 556,596 shares during the period. Institutional investors own 71.55% of the company’s stock.

Home Depot, Inc. (NYSE HD) opened at $164.39 on Monday. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.48 and a current ratio of 1.30. The firm has a market capitalization of $193,785.89, a P/E ratio of 23.62, a P/E/G ratio of 1.66 and a beta of 1.08. Home Depot, Inc. has a 1-year low of $120.06 and a 1-year high of $167.94.

Home Depot, Inc. (The) (NYSE:HD) last posted its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.21 by $0.04. The business had revenue of $28.11 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.97 EPS. analysts anticipate that Home Depot, Inc. will post 7.32 earnings per share for the current fiscal year.

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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 directly owns 62,483 shares of the company’s stock, valued at approximately $9,816,079.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the company’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $150.39, for a total value of $2,255,850.00. Following the completion of the transaction, the executive vice president now directly owns 33,147 shares in the company, valued at $4,984,977.33. The disclosure for this sale can be found here. Insiders have sold a total of 57,717 shares of company stock worth $8,916,321 over the last three months. 0.26% of the stock is owned by insiders.

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

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.

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

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