First Houston Capital Inc. Has $1.70 Million Stake in Home Depot, Inc. (The) (NYSE:HD)

First Houston Capital Inc. cut its position in Home Depot, Inc. (The) (NYSE:HD) by 14.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,575 shares of the home improvement retailer’s stock after selling 1,900 shares during the period. First Houston Capital Inc.’s holdings in Home Depot, Inc. (The) were worth $1,700,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in HD. Tyers Asset Management LLC purchased a new position in Home Depot, Inc. (The) during the fourth quarter worth approximately $34,768,000. Carbonado Capital increased its stake in shares of Home Depot, Inc. (The) by 90.9% in the fourth quarter. Carbonado Capital now owns 525,000 shares of the home improvement retailer’s stock valued at $70,392,000 after buying an additional 250,000 shares during the last quarter. Menta Capital LLC increased its stake in shares of Home Depot, Inc. (The) by 77.3% in the fourth quarter. Menta Capital LLC now owns 36,691 shares of the home improvement retailer’s stock valued at $4,920,000 after buying an additional 16,000 shares during the last quarter. Parallel Advisors LLC bought a new stake in shares of Home Depot, Inc. (The) during the fourth quarter valued at approximately $1,637,000. Finally, Sand Hill Global Advisors LLC increased its stake in shares of Home Depot, Inc. (The) by 35.2% in the fourth quarter. Sand Hill Global Advisors LLC now owns 2,522 shares of the home improvement retailer’s stock valued at $338,000 after buying an additional 656 shares during the last quarter. Institutional investors own 71.27% of the company’s stock.

Home Depot, Inc. (HD) traded down 1.46% during trading on Friday, reaching $147.49. The company’s stock had a trading volume of 6,989,147 shares. The stock has a market cap of $174.48 billion, a P/E ratio of 21.23 and a beta of 1.08. The firm’s 50-day moving average is $151.15 and its 200-day moving average is $150.06. Home Depot, Inc. has a 52-week low of $119.20 and a 52-week high of $160.86.

Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings data on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.21 by $0.04. The firm had revenue of $28.11 billion during the quarter, compared to the consensus estimate of $27.84 billion. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the business posted $1.97 earnings per share. Equities research analysts forecast that Home Depot, Inc. will post $7.33 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.89 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $3.56 annualized dividend and a yield of 2.41%. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is presently 51.15%.

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HD has been the subject of a number of recent analyst 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 note on Friday, June 16th. Robert W. Baird set a $175.00 price objective on Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, May 17th. Zacks Investment Research upgraded Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $170.00 price objective for the company in a research note on Tuesday, April 25th. Vetr lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 target price for the company. in a research report on Monday, June 19th. Finally, Atlantic Securities lowered Home Depot, Inc. (The) from an “overweight” rating to a “neutral” rating and set a $168.00 target price for the company. in a research report on Thursday, May 11th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nineteen have issued a buy rating to the company. Home Depot, Inc. (The) has a consensus rating of “Buy” and an average price target of $169.81.

In other Home Depot, Inc. (The) news, EVP Ann Marie Campbell sold 10,717 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $152.40, for a total transaction of $1,633,270.80. Following the completion of the sale, the executive vice president now directly owns 64,810 shares in the company, valued at $9,877,044. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.26% of the company’s stock.

Home Depot, Inc. (The) Company Profile

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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