Home Depot, Inc. (The) (HD) Position Maintained by Notis McConarty Edward

Notis McConarty Edward maintained its position in shares of Home Depot, Inc. (The) (NYSE:HD) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,083 shares of the home improvement retailer’s stock at the close of the 1st quarter. Notis McConarty Edward’s holdings in Home Depot, Inc. (The) were worth $1,186,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jackson Grant Investment Advisers Inc. increased its position in shares of Home Depot, Inc. (The) by 0.4% in the 1st quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock worth $241,000 after purchasing an additional 6 shares during the last quarter. Pineno Levin & Ford Asset Management Inc. increased its position in shares of Home Depot, Inc. (The) by 0.3% in the 1st quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock worth $400,000 after purchasing an additional 9 shares during the last quarter. Piershale Financial Group Inc. increased its position in shares of Home Depot, Inc. (The) by 0.6% in the 1st quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock worth $322,000 after purchasing an additional 13 shares during the last quarter. Baldwin Brothers Inc. MA increased its position in shares of Home Depot, Inc. (The) by 1.8% in the 1st quarter. Baldwin Brothers Inc. MA now owns 1,354 shares of the home improvement retailer’s stock worth $199,000 after purchasing an additional 24 shares during the last quarter. Finally, Howland Capital Management LLC increased its position in shares of Home Depot, Inc. (The) by 0.3% in the 1st quarter. Howland Capital Management LLC now owns 9,936 shares of the home improvement retailer’s stock worth $1,459,000 after purchasing an additional 26 shares during the last quarter. 71.45% of the stock is owned by institutional investors.

In other Home Depot, Inc. (The) news, EVP Matt Carey sold 32,000 shares of the firm’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $157.10, for a total value of $5,027,200.00. Following the completion of the sale, the executive vice president now owns 62,483 shares in the company, valued at approximately $9,816,079.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The shares were 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 of the company’s stock, valued at approximately $4,984,977.33. The disclosure for this sale can be found here. Insiders sold a total of 57,717 shares of company stock valued at $8,916,321 in the last 90 days. Corporate insiders own 0.26% of the company’s stock.

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Several equities research analysts have recently weighed in on HD shares. Zacks Investment Research downgraded shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Robert W. Baird set a $175.00 target price on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a research report on Sunday. Vetr raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $165.56 target price for the company in a research report on Tuesday, June 6th. Bank of America Corporation reissued a “buy” rating and issued a $170.00 target price on shares of Home Depot, Inc. (The) in a research report on Tuesday, September 5th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $173.00 target price (up previously from $165.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, May 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $169.86.

Shares of Home Depot, Inc. (NYSE:HD) traded up 1.18% during mid-day trading on Tuesday, hitting $160.24. 2,974,732 shares of the stock were exchanged. The firm has a market cap of $188.89 billion, a price-to-earnings ratio of 23.06 and a beta of 1.07. Home Depot, Inc. has a 1-year low of $119.20 and a 1-year high of $160.86. The company’s 50-day moving average is $151.09 and its 200-day moving average is $151.46.

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

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 31st will be given a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.25%. The ex-dividend date is Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is presently 51.15%.

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.

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

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