Home Depot Inc (HD) EVP Ann Marie Campbell Sells 13,457 Shares

Home Depot Inc (NYSE:HD) EVP Ann Marie Campbell sold 13,457 shares of the company’s stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $172.64, for a total value of $2,323,216.48. Following the completion of the transaction, the executive vice president now directly owns 56,198 shares in the company, valued at $9,702,022.72. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

NYSE:HD traded up $4.66 during mid-day trading on Friday, hitting $180.32. 8,941,417 shares of the company’s stock traded hands, compared to its average volume of 5,919,138. Home Depot Inc has a 12 month low of $167.00 and a 12 month high of $215.43. The company has a market cap of $198.41 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 1.38 and a beta of 1.26. The company has a quick ratio of 0.28, a current ratio of 1.09 and a debt-to-equity ratio of 17.68.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, November 13th. The home improvement retailer reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.24. Home Depot had a return on equity of 664.88% and a net margin of 10.00%. The firm had revenue of $26.30 billion during the quarter, compared to the consensus estimate of $26.23 billion. During the same quarter in the prior year, the company earned $1.84 EPS. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. Analysts anticipate that Home Depot Inc will post 9.79 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Investors of record on Thursday, November 29th will be paid a dividend of $1.03 per share. The ex-dividend date of this dividend is Wednesday, November 28th. This represents a $4.12 annualized dividend and a yield of 2.28%. Home Depot’s payout ratio is 55.23%.

A number of large investors have recently made changes to their positions in the stock. Ontario Teachers Pension Plan Board lifted its position in shares of Home Depot by 11.9% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 231,160 shares of the home improvement retailer’s stock worth $41,202,000 after acquiring an additional 24,525 shares during the period. Mutual Advisors LLC lifted its position in shares of Home Depot by 166.8% in the 1st quarter. Mutual Advisors LLC now owns 7,472 shares of the home improvement retailer’s stock worth $1,332,000 after acquiring an additional 4,671 shares during the period. Pitcairn Co. lifted its position in shares of Home Depot by 13.9% in the 1st quarter. Pitcairn Co. now owns 10,899 shares of the home improvement retailer’s stock worth $1,942,000 after acquiring an additional 1,329 shares during the period. Claraphi Advisory Network LLC bought a new stake in shares of Home Depot in the 1st quarter worth approximately $455,000. Finally, Asset Management One Co. Ltd. lifted its position in shares of Home Depot by 1.6% in the 1st quarter. Asset Management One Co. Ltd. now owns 1,943,538 shares of the home improvement retailer’s stock worth $346,417,000 after acquiring an additional 31,530 shares during the period. Hedge funds and other institutional investors own 69.52% of the company’s stock.

HD has been the topic of several research reports. Zacks Investment Research lowered Home Depot from a “buy” rating to a “sell” rating in a research report on Tuesday, October 16th. Credit Suisse Group decreased their price target on Home Depot from $204.00 to $194.00 and set a “neutral” rating for the company in a research note on Thursday, November 15th. Deutsche Bank decreased their price target on Home Depot from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, November 14th. Citigroup upped their price target on Home Depot from $205.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, August 10th. Finally, Wells Fargo & Co reiterated a “buy” rating and set a $230.00 price target on shares of Home Depot in a research note on Sunday, September 16th. Ten equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Home Depot has an average rating of “Buy” and an average target price of $205.43.

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Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

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