Aspiriant LLC trimmed its holdings in shares of Home Depot Inc (NYSE:HD) by 21.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,395 shares of the home improvement retailer’s stock after selling 915 shares during the quarter. Aspiriant LLC’s holdings in Home Depot were worth $787,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also bought and sold shares of the company. Notis McConarty Edward grew its stake in shares of Home Depot by 3.6% in the 3rd quarter. Notis McConarty Edward now owns 13,807 shares of the home improvement retailer’s stock worth $3,203,000 after buying an additional 477 shares during the last quarter. Pettyjohn Wood & White Inc. boosted its stake in Home Depot by 18.4% during the 3rd quarter. Pettyjohn Wood & White Inc. now owns 38,956 shares of the home improvement retailer’s stock valued at $9,038,000 after purchasing an additional 6,067 shares during the last quarter. Haverford Trust Co. lifted its holdings in shares of Home Depot by 3.4% during the 3rd quarter. Haverford Trust Co. now owns 88,211 shares of the home improvement retailer’s stock valued at $20,467,000 after buying an additional 2,931 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of Home Depot by 0.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 77,274 shares of the home improvement retailer’s stock valued at $17,930,000 after buying an additional 431 shares during the period. Finally, Donaldson Capital Management LLC lifted its holdings in shares of Home Depot by 5.6% during the 3rd quarter. Donaldson Capital Management LLC now owns 193,058 shares of the home improvement retailer’s stock valued at $44,793,000 after buying an additional 10,321 shares during the period. Institutional investors and hedge funds own 69.62% of the company’s stock.
Shares of Home Depot stock opened at $220.51 on Monday. Home Depot Inc has a fifty-two week low of $158.09 and a fifty-two week high of $239.31. The firm has a 50-day simple moving average of $231.93 and a two-hundred day simple moving average of $217.30. The company has a market cap of $240.54 billion, a P/E ratio of 22.30, a price-to-earnings-growth ratio of 2.22 and a beta of 1.01.
Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, November 19th. The home improvement retailer reported $2.53 earnings per share for the quarter, hitting the consensus estimate of $2.53. Home Depot had a net margin of 10.01% and a negative return on equity of 721.00%. The firm had revenue of $27.22 billion during the quarter, compared to the consensus estimate of $27.51 billion. During the same quarter in the prior year, the firm earned $2.51 EPS. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, sell-side analysts expect that Home Depot Inc will post 10.07 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a $1.36 dividend. The ex-dividend date is Wednesday, December 4th. This represents a $5.44 annualized dividend and a dividend yield of 2.47%. Home Depot’s dividend payout ratio (DPR) is 55.01%.
HD has been the topic of several research analyst reports. Royal Bank of Canada increased their price target on Home Depot from $229.00 to $233.00 and gave the company an “outperform” rating in a report on Tuesday, August 20th. Edward Jones cut Home Depot from a “buy” rating to a “hold” rating in a report on Monday, November 11th. Goldman Sachs Group raised their price target on Home Depot to $246.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. They noted that the move was a valuation call. Raymond James reiterated an “outperform” rating and issued a $250.00 price target on shares of Home Depot in a research report on Tuesday, October 8th. Finally, Argus set a $240.00 price target on Home Depot and gave the stock a “buy” rating in a research report on Wednesday, August 21st. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fifteen have assigned a buy rating to the company. Home Depot presently has an average rating of “Hold” and an average target price of $235.29.
About Home Depot
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 décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.
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