Winthrop Advisory Group LLC Has $3.99 Million Holdings in The Home Depot, Inc. (NYSE:HD)

Winthrop Advisory Group LLC increased its stake in The Home Depot, Inc. (NYSE:HD) by 1.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,244 shares of the home improvement retailer’s stock after purchasing an additional 121 shares during the period. Winthrop Advisory Group LLC’s holdings in Home Depot were worth $3,985,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Fairway Wealth LLC acquired a new stake in Home Depot in the 2nd quarter valued at about $25,000. Legacy Investment Solutions LLC acquired a new stake in Home Depot in the 3rd quarter valued at about $41,000. Livelsberger Financial Advisory acquired a new stake in Home Depot in the 3rd quarter valued at about $46,000. Strategic Investment Solutions Inc. IL acquired a new stake in Home Depot in the 2nd quarter valued at about $47,000. Finally, Quarry LP lifted its stake in Home Depot by 36.0% in the 2nd quarter. Quarry LP now owns 136 shares of the home improvement retailer’s stock valued at $47,000 after purchasing an additional 36 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Home Depot

In related news, EVP Ann Marie Campbell sold 100 shares of Home Depot stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $402.58, for a total transaction of $40,258.00. Following the completion of the transaction, the executive vice president now owns 12,465 shares of the company’s stock, valued at $5,018,159.70. This trade represents a 0.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Teresa Wynn Roseborough sold 22,084 shares of Home Depot stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $408.91, for a total transaction of $9,030,368.44. Following the completion of the sale, the executive vice president now directly owns 20,404 shares of the company’s stock, valued at approximately $8,343,399.64. This trade represents a 51.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 38,188 shares of company stock worth $15,624,585. Company insiders own 0.10% of the company’s stock.

Home Depot Price Performance

Home Depot stock traded up $4.31 during mid-day trading on Monday, reaching $394.20. The company had a trading volume of 864,529 shares, compared to its average volume of 2,703,965. The company has a market cap of $391.58 billion, a P/E ratio of 26.78, a P/E/G ratio of 2.90 and a beta of 1.05. The business has a fifty day simple moving average of $406.15 and a 200 day simple moving average of $385.97. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The Home Depot, Inc. has a fifty-two week low of $323.77 and a fifty-two week high of $439.37.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, November 12th. The home improvement retailer reported $3.78 EPS for the quarter, topping analysts’ consensus estimates of $3.64 by $0.14. The company had revenue of $40.22 billion for the quarter, compared to analyst estimates of $39.31 billion. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. Home Depot’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.81 earnings per share. On average, equities research analysts predict that The Home Depot, Inc. will post 15.12 earnings per share for the current year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th were issued a dividend of $2.25 per share. The ex-dividend date was Wednesday, November 27th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 2.28%. Home Depot’s dividend payout ratio (DPR) is presently 61.14%.

Wall Street Analyst Weigh In

HD has been the topic of several research analyst reports. DA Davidson increased their price target on shares of Home Depot from $430.00 to $466.00 and gave the company a “buy” rating in a report on Friday, October 25th. Telsey Advisory Group raised shares of Home Depot from a “market perform” rating to an “outperform” rating and increased their price target for the company from $360.00 to $455.00 in a report on Friday, November 8th. Loop Capital raised shares of Home Depot from a “hold” rating to a “buy” rating and increased their price target for the company from $360.00 to $460.00 in a report on Wednesday, October 9th. Wells Fargo & Company raised their target price on shares of Home Depot from $400.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. Finally, Gordon Haskett raised shares of Home Depot from an “accumulate” rating to a “buy” rating and set a $450.00 target price on the stock in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-three have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $426.00.

Home Depot Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.