The Home Depot, Inc. (NYSE:HD) Shares Bought by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC boosted its stake in shares of The Home Depot, Inc. (NYSE:HDGet Rating) by 7.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,909 shares of the home improvement retailer’s stock after purchasing an additional 195 shares during the period. Van Hulzen Asset Management LLC’s holdings in Home Depot were worth $1,207,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quantinno Capital Management LP raised its stake in Home Depot by 1.6% during the third quarter. Quantinno Capital Management LP now owns 1,730 shares of the home improvement retailer’s stock worth $568,000 after purchasing an additional 27 shares during the period. Trilogy Capital Inc. raised its stake in shares of Home Depot by 4.0% in the 4th quarter. Trilogy Capital Inc. now owns 732 shares of the home improvement retailer’s stock valued at $304,000 after acquiring an additional 28 shares during the period. Smith Anglin Financial LLC raised its stake in shares of Home Depot by 1.1% in the 4th quarter. Smith Anglin Financial LLC now owns 2,574 shares of the home improvement retailer’s stock valued at $1,068,000 after acquiring an additional 28 shares during the period. Palisades Hudson Asset Management L.P. raised its stake in shares of Home Depot by 1.1% in the 4th quarter. Palisades Hudson Asset Management L.P. now owns 2,518 shares of the home improvement retailer’s stock valued at $1,045,000 after acquiring an additional 28 shares during the period. Finally, Charter Oak Capital Management LLC raised its stake in shares of Home Depot by 1.2% in the 3rd quarter. Charter Oak Capital Management LLC now owns 2,465 shares of the home improvement retailer’s stock valued at $809,000 after acquiring an additional 29 shares during the period. 69.52% of the stock is currently owned by institutional investors.

In other Home Depot news, EVP Hector A. Padilla sold 504 shares of the business’s stock in a transaction dated Friday, March 25th. The shares were sold at an average price of $309.80, for a total transaction of $156,139.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.18% of the company’s stock.

HD has been the topic of a number of research reports. OTR Global raised shares of Home Depot from a “mixed” rating to a “positive” rating in a research note on Tuesday, February 15th. JPMorgan Chase & Co. lowered their price target on shares of Home Depot from $406.00 to $365.00 in a report on Wednesday, February 23rd. Morgan Stanley lowered their price target on shares of Home Depot from $420.00 to $380.00 and set an “overweight” rating for the company in a report on Wednesday, February 23rd. Loop Capital lowered their price target on shares of Home Depot from $380.00 to $320.00 in a report on Wednesday, February 23rd. Finally, UBS Group lowered their price target on shares of Home Depot from $470.00 to $430.00 and set a “buy” rating for the company in a report on Wednesday, February 23rd. Five analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $387.08.

NYSE:HD traded up $5.62 during mid-day trading on Tuesday, hitting $305.83. The stock had a trading volume of 83,525 shares, compared to its average volume of 5,082,088. The stock has a market capitalization of $316.03 billion, a price-to-earnings ratio of 19.51, a P/E/G ratio of 1.95 and a beta of 1.04. The company has a 50 day simple moving average of $322.40 and a 200-day simple moving average of $359.63. The Home Depot, Inc. has a 52 week low of $293.59 and a 52 week high of $420.61. The company has a current ratio of 1.01, a quick ratio of 0.24 and a debt-to-equity ratio of 35.47.

Home Depot (NYSE:HDGet Rating) last issued its quarterly earnings data on Tuesday, February 22nd. The home improvement retailer reported $3.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $3.20 by $0.01. The firm had revenue of $35.72 billion for the quarter, compared to the consensus estimate of $34.85 billion. Home Depot had a net margin of 10.87% and a return on equity of 2,082.76%. Home Depot’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period last year, the firm posted $2.74 EPS. As a group, equities research analysts anticipate that The Home Depot, Inc. will post 16 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 24th. Investors of record on Thursday, March 10th were given a $1.90 dividend. The ex-dividend date of this dividend was Wednesday, March 9th. This is an increase from Home Depot’s previous quarterly dividend of $1.65. This represents a $7.60 annualized dividend and a yield of 2.49%. Home Depot’s dividend payout ratio (DPR) is currently 48.97%.

Home Depot Company Profile (Get Rating)

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 facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows.

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

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