Home Depot, Inc. (The) (NYSE:HD) Shares Bought by Gilbert & Cook Inc.

Gilbert & Cook Inc. boosted its holdings in shares of Home Depot, Inc. (The) (NYSE:HD) by 96.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,485 shares of the home improvement retailer’s stock after acquiring an additional 2,692 shares during the quarter. Gilbert & Cook Inc.’s holdings in Home Depot, Inc. (The) were worth $841,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. American Beacon Advisors Inc. acquired a new stake in Home Depot, Inc. (The) in the 1st quarter worth approximately $100,000. Riggs Asset Managment Co. Inc. increased its position in Home Depot, Inc. (The) by 114.1% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock worth $109,000 after buying an additional 397 shares during the period. University of Texas Investment Managment Co. bought a new position in Home Depot, Inc. (The) in the 1st quarter worth approximately $132,000. Peoples Financial Services CORP. increased its position in Home Depot, Inc. (The) by 13.9% in the 1st quarter. Peoples Financial Services CORP. now owns 1,025 shares of the home improvement retailer’s stock worth $151,000 after buying an additional 125 shares during the period. Finally, St. Johns Investment Management Company LLC increased its position in Home Depot, Inc. (The) by 81.8% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock worth $169,000 after buying an additional 495 shares during the period. Institutional investors and hedge funds own 71.45% of the company’s stock.

Shares of Home Depot, Inc. (NYSE:HD) traded down 0.35% during midday trading on Friday, hitting $158.83. The company’s stock had a trading volume of 3,990,163 shares. The company has a market cap of $187.23 billion, a P/E ratio of 22.86 and a beta of 1.07. Home Depot, Inc. has a 1-year low of $119.20 and a 1-year high of $161.38. The company has a 50-day moving average price of $152.48 and a 200 day moving average price of $151.73.

Home Depot, Inc. (The) (NYSE:HD) last released its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The firm had revenue of $28.11 billion during the quarter, compared to analyst estimates of $27.84 billion. During the same period last year, the business earned $1.97 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. On average, equities research analysts predict that Home Depot, Inc. will post $7.33 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Thursday, August 31st were given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.23%. The ex-dividend date was Tuesday, August 29th. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is currently 51.15%.

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HD has been the topic of a number of research reports. Royal Bank Of Canada restated an “outperform” rating and set a $176.00 price objective on shares of Home Depot, Inc. (The) in a research report on Friday, June 16th. Zacks Investment Research cut Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Vetr cut Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price target on the stock. in a research report on Monday, June 19th. Jefferies Group LLC reiterated a “buy” rating and issued a $182.00 price target on shares of Home Depot, Inc. (The) in a research report on Thursday, August 10th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a $179.00 price target on shares of Home Depot, Inc. (The) in a research report on Wednesday, August 16th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $169.86.

In other news, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. (The) stock in a transaction on 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 transaction, the executive vice president now owns 33,147 shares in the company, valued at approximately $4,984,977.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ann Marie Campbell sold 10,717 shares of Home Depot, Inc. (The) stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $152.40, for a total transaction of $1,633,270.80. Following the transaction, the executive vice president now owns 64,810 shares in the company, valued at approximately $9,877,044. The disclosure for this sale can be found here. Insiders have sold 57,717 shares of company stock valued at $8,916,321 in the last three months. 0.26% of the stock is owned by insiders.

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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