Everett Harris & Co. CA Purchases 8,167 Shares of Home Depot Inc (NYSE:HD)

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Everett Harris & Co. CA increased its position in Home Depot Inc (NYSE:HD) by 14.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,516 shares of the home improvement retailer’s stock after buying an additional 8,167 shares during the quarter. Everett Harris & Co. CA’s holdings in Home Depot were worth $16,663,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of HD. Cedar Mountain Advisors LLC raised its holdings in Home Depot by 4.5% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 934 shares of the home improvement retailer’s stock valued at $234,000 after buying an additional 40 shares during the last quarter. Alpha Windward LLC raised its holdings in Home Depot by 1.4% in the 2nd quarter. Alpha Windward LLC now owns 3,060 shares of the home improvement retailer’s stock worth $767,000 after purchasing an additional 41 shares in the last quarter. Iron Financial LLC raised its holdings in Home Depot by 2.9% in the 2nd quarter. Iron Financial LLC now owns 1,449 shares of the home improvement retailer’s stock worth $363,000 after purchasing an additional 41 shares in the last quarter. Tranquility Partners LLC grew its position in Home Depot by 1.3% during the 2nd quarter. Tranquility Partners LLC now owns 3,297 shares of the home improvement retailer’s stock valued at $826,000 after purchasing an additional 41 shares during the last quarter. Finally, Bay Harbor Wealth Management LLC grew its position in Home Depot by 15.2% during the 1st quarter. Bay Harbor Wealth Management LLC now owns 318 shares of the home improvement retailer’s stock valued at $59,000 after purchasing an additional 42 shares during the last quarter. Institutional investors own 69.65% of the company’s stock.

In other Home Depot news, EVP William G. Lennie sold 17,993 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $236.02, for a total transaction of $4,246,707.86. Following the completion of the transaction, the executive vice president now owns 54,405 shares of the company’s stock, valued at approximately $12,840,668.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.26% of the stock is owned by corporate insiders.

HD has been the topic of several recent analyst reports. Piper Sandler increased their price objective on shares of Home Depot from $231.00 to $236.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. They noted that the move was a valuation call. SunTrust Banks cut their price objective on shares of Home Depot from $240.00 to $220.00 and set a “hold” rating on the stock in a research report on Thursday, April 16th. Telsey Advisory Group raised their price target on shares of Home Depot from $220.00 to $250.00 and gave the company a “market perform” rating in a report on Wednesday, May 20th. Barclays reaffirmed a “buy” rating and set a $260.00 price target (up previously from $235.00) on shares of Home Depot in a report on Wednesday, May 20th. Finally, Zacks Investment Research raised shares of Home Depot from a “hold” rating to a “buy” rating and set a $261.00 price target on the stock in a report on Monday, June 1st. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $256.30.

Shares of HD stock opened at $265.49 on Friday. Home Depot Inc has a 52-week low of $140.63 and a 52-week high of $269.07. The firm has a market capitalization of $285.54 billion, a PE ratio of 26.39, a PEG ratio of 2.31 and a beta of 1.06. The stock has a fifty day simple moving average of $252.21 and a two-hundred day simple moving average of $229.53.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $2.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.27 by ($0.19). Home Depot had a negative return on equity of 496.11% and a net margin of 9.79%. The business had revenue of $28.26 billion during the quarter, compared to analysts’ expectations of $27.59 billion. During the same quarter in the previous year, the company posted $2.27 EPS. The company’s quarterly revenue was up 7.1% on a year-over-year basis. Equities analysts anticipate that Home Depot Inc will post 10.09 earnings per share for the current fiscal year.

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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