North Capital Inc. Acquires New Holdings in The Home Depot, Inc. (NYSE:HD)

North Capital Inc. bought a new stake in shares of The Home Depot, Inc. (NYSE:HD - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,702 shares of the home improvement retailer's stock, valued at approximately $624,000. Home Depot makes up 0.6% of North Capital Inc.'s holdings, making the stock its 23rd biggest position.

Several other large investors have also bought and sold shares of the company. D.A. Davidson & CO. boosted its stake in Home Depot by 0.5% during the first quarter. D.A. Davidson & CO. now owns 75,392 shares of the home improvement retailer's stock valued at $27,631,000 after buying an additional 355 shares in the last quarter. Xcel Wealth Management LLC boosted its stake in Home Depot by 7.7% during the first quarter. Xcel Wealth Management LLC now owns 31,420 shares of the home improvement retailer's stock valued at $11,515,000 after buying an additional 2,236 shares in the last quarter. MBM Wealth Consultants LLC boosted its stake in Home Depot by 0.9% during the first quarter. MBM Wealth Consultants LLC now owns 4,524 shares of the home improvement retailer's stock valued at $1,658,000 after buying an additional 42 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Home Depot by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 85,434 shares of the home improvement retailer's stock valued at $31,311,000 after buying an additional 279 shares in the last quarter. Finally, Clark Asset Management LLC boosted its stake in Home Depot by 50.8% during the first quarter. Clark Asset Management LLC now owns 2,439 shares of the home improvement retailer's stock valued at $894,000 after buying an additional 822 shares in the last quarter. Institutional investors own 70.86% of the company's stock.

Insider Transactions at Home Depot

In other news, EVP Fahim Siddiqui sold 2,600 shares of the firm'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 completion of the sale, the executive vice president directly owned 7,951 shares of the company's stock, valued at $2,919,130.14. This trade represents a 24.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 5,406 shares of the firm's stock in a transaction dated 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 sale, the executive vice president directly owned 17,367 shares of the company's stock, valued at $6,413,285.76. This trade represents a 23.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

Home Depot Stock Down 0.1%

Home Depot stock traded down $0.49 during mid-day trading on Friday, hitting $371.36. The company's stock had a trading volume of 2,573,629 shares, compared to its average volume of 3,438,198. The firm's 50 day moving average is $365.14 and its 200 day moving average is $376.15. The company has a market cap of $369.47 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 3.53 and a beta of 1.00. The company has a debt-to-equity ratio of 5.95, a current ratio of 1.09 and a quick ratio of 0.28. The Home Depot, Inc. has a 52-week low of $326.31 and a 52-week high of $439.37.

Home Depot (NYSE:HD - Get Free Report) last announced its quarterly earnings data 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). Home Depot had a return on equity of 242.51% and a net margin of 8.98%. The business had revenue of $39.86 billion during the quarter, compared to analysts' expectations of $39.24 billion. During the same period in the prior year, the company posted $3.63 earnings per share. The firm's revenue was up 9.4% on a year-over-year basis. On average, analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Thursday, June 5th were paid a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend was Thursday, June 5th. Home Depot's dividend payout ratio (DPR) is presently 62.42%.

Analyst Ratings Changes

Several brokerages recently weighed in on HD. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $398.00 target price (up previously from $380.00) on shares of Home Depot in a research note on Wednesday, May 21st. Evercore ISI set a $400.00 target price on Home Depot and gave the company an "outperform" rating in a research note on Thursday, May 22nd. DA Davidson decreased their target price on Home Depot from $470.00 to $450.00 in a research note on Tuesday, May 20th. Robert W. Baird decreased their price target on Home Depot from $430.00 to $425.00 and set an "outperform" rating for the company in a research report on Wednesday, May 21st. Finally, Guggenheim restated a "buy" rating and set a $450.00 price objective on shares of Home Depot in a report on Wednesday, May 21st. Seven research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $426.77.

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.