Fulcrum Capital LLC Has $322,000 Stock Holdings in The Home Depot, Inc. (NYSE:HD)

Fulcrum Capital LLC decreased its position in The Home Depot, Inc. (NYSE:HD - Free Report) by 55.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 879 shares of the home improvement retailer's stock after selling 1,101 shares during the quarter. Fulcrum Capital LLC's holdings in Home Depot were worth $322,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in HD. Synergy Asset Management LLC bought a new position in Home Depot in the 4th quarter worth approximately $26,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Home Depot during the 4th quarter worth approximately $28,000. Navigoe LLC bought a new stake in shares of Home Depot during the fourth quarter valued at approximately $29,000. Bradley & Co. Private Wealth Management LLC bought a new stake in Home Depot in the 4th quarter valued at $32,000. Finally, Quarry LP raised its stake in shares of Home Depot by 220.0% in the 4th quarter. Quarry LP now owns 96 shares of the home improvement retailer's stock valued at $37,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company's stock.

Insider Buying and Selling

In related news, EVP Teresa Wynn Roseborough sold 5,406 shares of the business's stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $369.28, for a total value of $1,996,327.68. Following the completion of the sale, the executive vice president now directly owns 17,367 shares in the company, valued at $6,413,285.76. The trade was a 23.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 value of $954,564.00. Following the completion of the transaction, the executive vice president now directly 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. 0.10% of the stock is currently owned by insiders.

Home Depot Stock Up 0.5%

NYSE:HD traded up $1.93 during trading hours on Wednesday, reaching $375.01. 926,783 shares of the stock were exchanged, compared to its average volume of 3,410,179. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The Home Depot, Inc. has a twelve month low of $323.93 and a twelve month high of $439.37. The stock has a market cap of $373.11 billion, a PE ratio of 25.48, a PEG ratio of 4.03 and a beta of 1.05. The firm has a 50 day moving average of $361.24 and a 200 day moving average of $385.37.

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

Home Depot Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, June 5th will be paid a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Thursday, June 5th. Home Depot's dividend payout ratio is presently 62.42%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HD. Telsey Advisory Group reissued an "outperform" rating on shares of Home Depot in a research note on Monday. Wedbush reaffirmed an "outperform" rating and set a $440.00 price objective on shares of Home Depot in a report on Wednesday, February 26th. Robert W. Baird dropped their target price on Home Depot from $430.00 to $425.00 and set an "outperform" rating for the company in a report on Wednesday, May 21st. KGI Securities raised Home Depot to a "strong-buy" rating in a research note on Monday, March 3rd. Finally, Royal Bank of Canada dropped their price objective on 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. Seven research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $426.77.

Home Depot Company Profile

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.