Universal Beteiligungs und Servicegesellschaft mbH Has $253.80 Million Holdings in The Home Depot, Inc. (NYSE:HD)

Universal Beteiligungs und Servicegesellschaft mbH cut its stake in The Home Depot, Inc. (NYSE:HD - Free Report) by 2.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 692,509 shares of the home improvement retailer's stock after selling 15,530 shares during the period. Home Depot comprises approximately 0.5% of Universal Beteiligungs und Servicegesellschaft mbH's portfolio, making the stock its 27th largest position. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Home Depot worth $253,798,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Financial Gravity Asset Management Inc. acquired a new position in shares of Home Depot during the first quarter worth about $406,000. Wealth Management Partners LLC increased its stake in shares of Home Depot by 0.6% during the first quarter. Wealth Management Partners LLC now owns 6,506 shares of the home improvement retailer's stock worth $2,384,000 after acquiring an additional 36 shares during the period. Arbor Capital Management Inc. ADV increased its stake in shares of Home Depot by 4.8% during the first quarter. Arbor Capital Management Inc. ADV now owns 4,784 shares of the home improvement retailer's stock worth $1,757,000 after acquiring an additional 221 shares during the period. Disciplined Investors L.L.C. acquired a new position in Home Depot during the fourth quarter worth about $409,000. Finally, ARS Wealth Advisors Group LLC grew its position in Home Depot by 0.8% during the first quarter. ARS Wealth Advisors Group LLC now owns 31,728 shares of the home improvement retailer's stock worth $11,628,000 after buying an additional 239 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HD has been the topic of several recent analyst reports. Sanford C. Bernstein restated a "market perform" rating and set a $398.00 target price (up from $380.00) on shares of Home Depot in a research report on Wednesday, May 21st. JPMorgan Chase & Co. upped their price target on shares of Home Depot from $410.00 to $418.00 and gave the company an "overweight" rating in a report on Wednesday, May 21st. Mizuho reduced their price objective on shares of Home Depot from $450.00 to $435.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 21st. Guggenheim reissued a "buy" rating and set a $450.00 price objective on shares of Home Depot in a research note on Wednesday, May 21st. Finally, Morgan Stanley reissued an "overweight" rating and set a $415.00 price objective (up previously from $410.00) on shares of Home Depot in a research note on Tuesday, May 20th. Seven equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $426.77.

Insiders Place Their Bets

In other news, EVP Teresa Wynn Roseborough sold 5,406 shares of Home Depot 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 owned 17,367 shares of the company's stock, valued at approximately $6,413,285.76. This trade represents a 23.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Fahim Siddiqui sold 2,600 shares of Home Depot stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $367.14, for a total value of $954,564.00. Following the sale, the executive vice president directly owned 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 currently owned by company insiders.

Home Depot Trading Down 0.8%

Shares of NYSE:HD traded down $3.14 during mid-day trading on Thursday, reaching $373.22. The stock had a trading volume of 1,652,835 shares, compared to its average volume of 3,550,496. The firm has a market cap of $371.32 billion, a PE ratio of 25.32, a price-to-earnings-growth ratio of 3.53 and a beta of 1.00. The firm has a 50 day simple moving average of $365.82 and a two-hundred day simple moving average of $374.10. The company has a current ratio of 1.09, a quick ratio of 0.28 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 issued 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). 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 for the quarter, compared to the consensus estimate of $39.24 billion. During the same period in the prior year, the business earned $3.63 earnings per share. Home Depot's revenue was up 9.4% compared to the same quarter last year. On average, research analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th were given 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 yield of 2.47%. Home Depot's dividend payout ratio (DPR) is 62.42%.

Home Depot 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.