The Home Depot, Inc. (NYSE:HD) Stock Holdings Boosted by Achmea Investment Management B.V.

Achmea Investment Management B.V. raised its position in The Home Depot, Inc. (NYSE:HD - Free Report) by 10.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 134,643 shares of the home improvement retailer's stock after acquiring an additional 12,956 shares during the period. Home Depot makes up approximately 0.7% of Achmea Investment Management B.V.'s holdings, making the stock its 29th biggest holding. Achmea Investment Management B.V.'s holdings in Home Depot were worth $49,346,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Border to Coast Pensions Partnership Ltd lifted its position in Home Depot by 5.9% during the first quarter. Border to Coast Pensions Partnership Ltd now owns 210,536 shares of the home improvement retailer's stock valued at $77,159,000 after purchasing an additional 11,801 shares during the period. Canvas Wealth Advisors LLC increased its holdings in Home Depot by 22.0% in the first quarter. Canvas Wealth Advisors LLC now owns 2,564 shares of the home improvement retailer's stock valued at $909,000 after buying an additional 463 shares in the last quarter. Transcend Capital Advisors LLC increased its holdings in Home Depot by 1.7% in the first quarter. Transcend Capital Advisors LLC now owns 29,252 shares of the home improvement retailer's stock valued at $10,721,000 after buying an additional 487 shares in the last quarter. Victrix Investment Advisors increased its holdings in Home Depot by 3.3% in the first quarter. Victrix Investment Advisors now owns 10,093 shares of the home improvement retailer's stock valued at $3,610,000 after buying an additional 320 shares in the last quarter. Finally, Family Investment Center Inc. increased its stake in shares of Home Depot by 21.6% during the first quarter. Family Investment Center Inc. now owns 1,843 shares of the home improvement retailer's stock worth $675,000 after purchasing an additional 327 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HD has been the subject of a number of research reports. Robert W. Baird cut their target price on shares of Home Depot from $430.00 to $425.00 and set an "outperform" rating for the company in a research note on Wednesday, May 21st. Gordon Haskett boosted their target price on shares of Home Depot from $350.00 to $360.00 in a research note on Tuesday, May 20th. DA Davidson cut their target price on shares of Home Depot from $470.00 to $450.00 in a research note on Tuesday, May 20th. Royal Bank Of Canada cut their target price on shares of Home Depot from $424.00 to $399.00 and set a "sector perform" rating for the company in a research note on Thursday, May 15th. Finally, KGI Securities raised shares of Home Depot to a "strong-buy" rating in a research note on Monday, March 3rd. Seven research 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 company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $426.77.

Home Depot Stock Up 1.3%

Shares of NYSE HD traded up $4.86 during trading on Friday, reaching $368.36. 5,502,278 shares of the stock were exchanged, compared to its average volume of 3,419,944. The company has a market capitalization of $366.49 billion, a price-to-earnings ratio of 24.99, a price-to-earnings-growth ratio of 3.51 and a beta of 1.02. The business's 50-day moving average price is $363.55 and its 200 day moving average price is $377.53. The company has a quick ratio of 0.28, a current ratio of 1.09 and a debt-to-equity ratio of 5.95. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $439.37.

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 (EPS) for the quarter, missing the consensus estimate of $3.59 by ($0.03). The company had revenue of $39.86 billion during the quarter, compared to analyst estimates of $39.24 billion. Home Depot had a net margin of 8.98% and a return on equity of 242.51%. The company's revenue was up 9.4% on a year-over-year basis. During the same period in the prior year, the company earned $3.63 earnings per share. As a group, equities analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th were issued a dividend of $2.30 per share. The ex-dividend date of this dividend was Thursday, June 5th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.50%. Home Depot's dividend payout ratio (DPR) is 62.42%.

Insiders Place Their Bets

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

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.