Home Depot Inc (NYSE:HD) Stock Holdings Reduced by Marshall & Sullivan Inc. WA

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Marshall & Sullivan Inc. WA decreased its holdings in shares of Home Depot Inc (NYSE:HD) by 0.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 24,449 shares of the home improvement retailer’s stock after selling 65 shares during the period. Home Depot accounts for about 4.2% of Marshall & Sullivan Inc. WA’s portfolio, making the stock its 4th largest position. Marshall & Sullivan Inc. WA’s holdings in Home Depot were worth $5,673,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Community Trust & Investment Co. boosted its holdings in shares of Home Depot by 1.6% in the 3rd quarter. Community Trust & Investment Co. now owns 2,736 shares of the home improvement retailer’s stock valued at $635,000 after buying an additional 43 shares in the last quarter. First American Trust FSB boosted its holdings in shares of Home Depot by 2.1% in the 3rd quarter. First American Trust FSB now owns 2,186 shares of the home improvement retailer’s stock valued at $508,000 after buying an additional 45 shares in the last quarter. Lindbrook Capital LLC boosted its holdings in shares of Home Depot by 1.6% in the 2nd quarter. Lindbrook Capital LLC now owns 3,056 shares of the home improvement retailer’s stock valued at $635,000 after buying an additional 49 shares in the last quarter. First Command Financial Services Inc. boosted its holdings in shares of Home Depot by 0.9% in the 2nd quarter. First Command Financial Services Inc. now owns 5,608 shares of the home improvement retailer’s stock valued at $1,167,000 after buying an additional 50 shares in the last quarter. Finally, Canton Hathaway LLC boosted its stake in Home Depot by 4.3% in the 2nd quarter. Canton Hathaway LLC now owns 1,202 shares of the home improvement retailer’s stock worth $250,000 after purchasing an additional 50 shares in the last quarter. 69.92% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE HD opened at $234.66 on Friday. Home Depot Inc has a 12 month low of $158.09 and a 12 month high of $236.70. The company has a 50 day simple moving average of $227.71 and a two-hundred day simple moving average of $209.58. The stock has a market cap of $250.72 billion, a price-to-earnings ratio of 22.44, a PEG ratio of 2.24 and a beta of 1.05.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 20th. The home improvement retailer reported $3.17 EPS for the quarter, beating the consensus estimate of $3.07 by $0.10. Home Depot had a net margin of 10.18% and a negative return on equity of 1,179.69%. The business had revenue of $30.84 billion during the quarter, compared to analysts’ expectations of $30.98 billion. During the same period in the previous year, the business posted $3.05 EPS. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. Sell-side analysts forecast that Home Depot Inc will post 10.12 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.32%. The ex-dividend date of this dividend was Wednesday, September 4th. Home Depot’s payout ratio is 55.01%.

In other Home Depot news, CFO Carol B. Tome sold 145,400 shares of Home Depot stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $219.04, for a total transaction of $31,848,416.00. Following the completion of the sale, the chief financial officer now directly owns 496,374 shares in the company, valued at approximately $108,725,760.96. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP William G. Lennie sold 9,200 shares of Home Depot stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $220.05, for a total transaction of $2,024,460.00. Following the sale, the executive vice president now owns 84,123 shares of the company’s stock, valued at $18,511,266.15. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 177,508 shares of company stock valued at $39,076,428. Company insiders own 0.27% of the company’s stock.

A number of analysts recently commented on the stock. Royal Bank of Canada lifted their target price on shares of Home Depot from $229.00 to $233.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 20th. Credit Suisse Group set a $213.00 target price on shares of Home Depot and gave the stock a “neutral” rating in a research note on Tuesday, August 20th. Wedbush reiterated a “neutral” rating and issued a $230.00 target price (up from $190.00) on shares of Home Depot in a research note on Wednesday, August 21st. Goldman Sachs Group assumed coverage on shares of Home Depot in a research note on Thursday, July 11th. They issued a “buy” rating and a $235.00 target price for the company. Finally, KeyCorp reiterated a “hold” rating on shares of Home Depot in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $228.24.

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 d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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