Home Depot, Inc. (The) (HD) Shares Sold by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can decreased its position in shares of Home Depot, Inc. (The) (NYSE:HD) by 4.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,189,131 shares of the home improvement retailer’s stock after selling 60,419 shares during the period. Great West Life Assurance Co. Can owned about 0.10% of Home Depot, Inc. (The) worth $182,191,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Diversified Trust Co grew its stake in shares of Home Depot, Inc. (The) by 50.6% in the 1st quarter. Diversified Trust Co now owns 4,512 shares of the home improvement retailer’s stock worth $662,000 after buying an additional 1,516 shares during the last quarter. James Investment Research Inc. grew its stake in shares of Home Depot, Inc. (The) by 223.7% in the 1st quarter. James Investment Research Inc. now owns 5,820 shares of the home improvement retailer’s stock worth $855,000 after buying an additional 4,022 shares during the last quarter. V Wealth Management LLC purchased a new stake in shares of Home Depot, Inc. (The) in the 1st quarter worth approximately $432,000. CAPROCK Group Inc. grew its stake in shares of Home Depot, Inc. (The) by 3.0% in the 1st quarter. CAPROCK Group Inc. now owns 13,125 shares of the home improvement retailer’s stock worth $1,927,000 after buying an additional 377 shares during the last quarter. Finally, Nationwide Fund Advisors grew its stake in shares of Home Depot, Inc. (The) by 0.9% in the 1st quarter. Nationwide Fund Advisors now owns 1,117,538 shares of the home improvement retailer’s stock worth $164,088,000 after buying an additional 9,460 shares during the last quarter. Hedge funds and other institutional investors own 71.38% of the company’s stock.

In related news, EVP Ann Marie Campbell sold 10,717 shares of the 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 transaction, the executive vice president now owns 64,810 shares of the company’s stock, valued at approximately $9,877,044. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the stock in a transaction that occurred on Monday, August 21st. The stock was 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 directly owns 33,147 shares of the company’s stock, valued at approximately $4,984,977.33. The disclosure for this sale can be found here. In the last three months, insiders sold 57,717 shares of company stock valued at $8,916,321. Corporate insiders own 0.26% of the company’s stock.

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Shares of Home Depot, Inc. (NYSE:HD) opened at 165.25 on Thursday. The firm has a 50-day moving average price of $158.49 and a 200-day moving average price of $153.82. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $166.63. The stock has a market cap of $194.80 billion, a price-to-earnings ratio of 23.78 and a beta of 1.07.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share for the quarter, beating the 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 business had revenue of $28.11 billion during the quarter, compared to analysts’ expectations of $27.84 billion. During the same quarter in the prior year, the company posted $1.97 EPS. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, equities analysts anticipate that Home Depot, Inc. will post $7.33 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, September 14th. Stockholders of record on Thursday, August 31st were paid a $0.89 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $3.56 annualized dividend and a dividend yield of 2.15%. Home Depot, Inc. (The)’s dividend payout ratio (DPR) is 51.15%.

Several research firms recently weighed in on HD. Jefferies Group LLC restated a “buy” rating and issued a $182.00 price target on shares of Home Depot, Inc. (The) in a research note on Thursday, August 10th. Stifel Nicolaus restated a “buy” rating and issued a $178.00 price target on shares of Home Depot, Inc. (The) in a research note on Wednesday, August 16th. Telsey Advisory Group restated an “outperform” rating on shares of Home Depot, Inc. (The) in a research note on Friday, August 11th. Wedbush restated a “market perform” rating on shares of Home Depot, Inc. (The) in a research note on Wednesday, August 16th. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $164.00 target price on shares of Home Depot, Inc. (The) in a research note on Sunday, October 1st. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Home Depot, Inc. (The) has an average rating of “Buy” and an average target price of $172.38.

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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