4,534 Shares in The Home Depot, Inc. (NYSE:HD) Acquired by 111 Capital

111 Capital purchased a new stake in The Home Depot, Inc. (NYSE:HD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,534 shares of the home improvement retailer's stock, valued at approximately $1,764,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. POM Investment Strategies LLC boosted its holdings in shares of Home Depot by 1.1% in the 4th quarter. POM Investment Strategies LLC now owns 2,117 shares of the home improvement retailer's stock worth $824,000 after acquiring an additional 24 shares in the last quarter. Center for Financial Planning Inc. raised its position in Home Depot by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 4,653 shares of the home improvement retailer's stock valued at $1,810,000 after purchasing an additional 24 shares during the last quarter. Live Oak Private Wealth LLC raised its position in Home Depot by 0.5% in the 4th quarter. Live Oak Private Wealth LLC now owns 4,915 shares of the home improvement retailer's stock valued at $1,912,000 after purchasing an additional 25 shares during the last quarter. Mezzasalma Advisors LLC boosted its stake in Home Depot by 4.0% in the fourth quarter. Mezzasalma Advisors LLC now owns 655 shares of the home improvement retailer's stock worth $255,000 after purchasing an additional 25 shares in the last quarter. Finally, Focused Wealth Management Inc grew its holdings in shares of Home Depot by 2.4% during the fourth quarter. Focused Wealth Management Inc now owns 1,082 shares of the home improvement retailer's stock worth $421,000 after purchasing an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company's stock.

Wall Street Analyst Weigh In

HD has been the topic of several research analyst reports. Evercore ISI set a $400.00 price target on shares of Home Depot and gave the company an "outperform" rating in a research note on Thursday, May 22nd. KGI Securities upgraded Home Depot to a "strong-buy" rating in a research report on Monday, March 3rd. Morgan Stanley restated an "overweight" rating and set a $415.00 target price (up previously from $410.00) on shares of Home Depot in a research report on Tuesday, May 20th. DA Davidson cut their price target on Home Depot from $470.00 to $450.00 in a research note on Tuesday, May 20th. Finally, Stifel Nicolaus upgraded Home Depot from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $405.00 to $425.00 in a research report on Wednesday, May 21st. Seven analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Home Depot has a consensus rating of "Moderate Buy" and a consensus target price of $426.77.

Home Depot Stock Down 0.1%

HD traded down $0.44 on Friday, hitting $367.85. 4,110,311 shares of the company were exchanged, compared to its average volume of 3,424,960. The Home Depot, Inc. has a 12 month low of $323.93 and a 12 month high of $439.37. The company has a market cap of $365.98 billion, a PE ratio of 24.99, a PEG ratio of 4.03 and a beta of 1.05. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13. The stock's fifty day moving average is $360.92 and its 200-day moving average is $385.73.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The home improvement retailer reported $3.56 earnings per share for the quarter, missing the consensus estimate of $3.59 by ($0.03). The company had revenue of $39.86 billion for the quarter, compared to analyst estimates of $39.24 billion. Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The firm's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the firm earned $3.63 EPS. Equities research analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th will be paid a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date is Thursday, June 5th. Home Depot's dividend payout ratio is currently 62.42%.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 5,406 shares of the firm's stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $369.28, for a total transaction of $1,996,327.68. Following the completion of the sale, the executive vice president now owns 17,367 shares of the company's stock, valued at $6,413,285.76. This trade represents a 23.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Fahim Siddiqui sold 2,600 shares of the company's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $367.14, for a total transaction of $954,564.00. Following the completion of the transaction, the executive vice president now owns 7,951 shares in the company, valued at approximately $2,919,130.14. This represents a 24.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.10% of the company's stock.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells 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, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.