Delta Lloyd Asset Management N.V. Purchases New Holdings in Home Depot, Inc. (The) (HD)

Delta Lloyd Asset Management N.V. purchased a new stake in Home Depot, Inc. (The) (NYSE:HD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 286,429 shares of the home improvement retailer’s stock, valued at approximately $43,938,000. Home Depot comprises 1.2% of Delta Lloyd Asset Management N.V.’s portfolio, making the stock its 13th largest holding.

A number of other institutional investors have also recently bought and sold shares of HD. IFP Advisors Inc boosted its holdings in Home Depot by 3.0% during the second quarter. IFP Advisors Inc now owns 73,631 shares of the home improvement retailer’s stock worth $11,295,000 after buying an additional 2,133 shares during the last quarter. Smithfield Trust Co. boosted its holdings in Home Depot by 0.3% during the second quarter. Smithfield Trust Co. now owns 8,387 shares of the home improvement retailer’s stock worth $1,287,000 after buying an additional 25 shares during the last quarter. Quantitative Systematic Strategies LLC boosted its holdings in Home Depot by 12.2% during the second quarter. Quantitative Systematic Strategies LLC now owns 19,718 shares of the home improvement retailer’s stock worth $3,001,000 after buying an additional 2,139 shares during the last quarter. BP PLC boosted its holdings in Home Depot by 16.2% during the second quarter. BP PLC now owns 179,000 shares of the home improvement retailer’s stock worth $27,459,000 after buying an additional 25,000 shares during the last quarter. Finally, Karp Capital Management Corp bought a new position in Home Depot during the first quarter worth about $99,739,000. Institutional investors and hedge funds own 69.70% of the company’s stock.

In related news, EVP Matt Carey sold 32,000 shares of Home Depot stock in a transaction that occurred 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 sale, the executive vice president now 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 can be accessed through this link. 0.26% of the stock is currently owned by company insiders.

A number of equities analysts have issued reports on the company. Robert W. Baird restated an “outperform” rating and set a $195.00 target price on shares of Home Depot in a report on Thursday. Jefferies Group restated a “buy” rating and set a $182.00 target price on shares of Home Depot in a report on Thursday, August 10th. Stifel Nicolaus restated a “buy” rating and set a $178.00 target price on shares of Home Depot in a report on Wednesday, August 16th. Telsey Advisory Group restated an “outperform” rating on shares of Home Depot in a report on Friday, August 11th. Finally, Wedbush restated a “market perform” rating on shares of Home Depot in a report on Wednesday, August 16th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $176.82.

Shares of Home Depot, Inc. (NYSE HD) opened at $180.42 on Friday. The company has a market capitalization of $210,685.28, a PE ratio of 25.06, a PEG ratio of 1.83 and a beta of 1.11. The company has a current ratio of 1.23, a quick ratio of 0.39 and a debt-to-equity ratio of 9.54. Home Depot, Inc. has a 1 year low of $128.68 and a 1 year high of $180.67.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, November 14th. The home improvement retailer reported $1.84 EPS for the quarter, topping the Zacks’ consensus estimate of $1.81 by $0.03. The company had revenue of $25.03 billion for the quarter, compared to analyst estimates of $24.53 billion. Home Depot had a return on equity of 238.88% and a net margin of 8.66%. Home Depot’s revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.60 earnings per share. research analysts forecast that Home Depot, Inc. will post 7.38 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be given a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, November 29th. Home Depot’s dividend payout ratio is presently 49.44%.

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Home Depot 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 (NYSE:HD)

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