Yeomans Consulting Group Inc. Has $1.70 Million Stock Position in The Home Depot, Inc. (NYSE:HD)

Yeomans Consulting Group Inc. trimmed its stake in The Home Depot, Inc. (NYSE:HD - Free Report) by 19.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,644 shares of the home improvement retailer's stock after selling 1,092 shares during the period. Home Depot makes up 0.7% of Yeomans Consulting Group Inc.'s investment portfolio, making the stock its 28th largest holding. Yeomans Consulting Group Inc.'s holdings in Home Depot were worth $1,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of HD. Navigoe LLC purchased a new position in Home Depot in the 4th quarter valued at $29,000. Abound Financial LLC purchased a new stake in shares of Home Depot in the first quarter valued at about $31,000. Quarry LP increased its stake in shares of Home Depot by 220.0% during the fourth quarter. Quarry LP now owns 96 shares of the home improvement retailer's stock worth $37,000 after acquiring an additional 66 shares during the period. Iron Horse Wealth Management LLC increased its stake in shares of Home Depot by 86.8% during the first quarter. Iron Horse Wealth Management LLC now owns 99 shares of the home improvement retailer's stock worth $36,000 after acquiring an additional 46 shares during the period. Finally, Sellwood Investment Partners LLC purchased a new position in Home Depot during the fourth quarter worth about $39,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Fahim Siddiqui sold 2,600 shares of Home Depot stock in a transaction that occurred 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 sale, the executive vice president directly owned 7,951 shares in the company, valued at approximately $2,919,130.14. The trade was a 24.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 value of $1,996,327.68. Following the transaction, the executive vice president owned 17,367 shares in the company, valued at approximately $6,413,285.76. This trade represents a 23.74% decrease in their position. The disclosure for this sale can be found here. 0.10% of the stock is owned by corporate insiders.

Home Depot Price Performance

Shares of NYSE:HD traded up $0.28 during trading on Friday, reaching $359.32. The stock had a trading volume of 3,360,940 shares, compared to its average volume of 3,438,531. The business's 50-day moving average price is $366.09 and its 200 day moving average price is $374.69. 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 stock has a market capitalization of $357.50 billion, a PE ratio of 24.38, a P/E/G ratio of 3.41 and a beta of 1.00. 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 issued 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). Home Depot had a return on equity of 242.51% and a net margin of 8.98%. The company had revenue of $39.86 billion for the quarter, compared to analyst estimates of $39.24 billion. During the same quarter last year, the company earned $3.63 EPS. The firm's quarterly revenue was up 9.4% on a year-over-year basis. As a group, equities analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th were paid a $2.30 dividend. This represents a $9.20 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend was Thursday, June 5th. Home Depot's payout ratio is 62.42%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Sanford C. Bernstein reiterated a "market perform" rating and set a $398.00 target price (up previously from $380.00) on shares of Home Depot in a research report on Wednesday, May 21st. Morgan Stanley restated an "overweight" rating and issued a $415.00 price target (up previously from $410.00) on shares of Home Depot in a research report on Tuesday, May 20th. Evercore ISI set a $400.00 price objective on shares of Home Depot and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. DA Davidson lowered their price target on shares of Home Depot from $470.00 to $450.00 in a research report on Tuesday, May 20th. Finally, Wells Fargo & Company set a $420.00 price objective on Home Depot and gave the stock an "overweight" rating in a research report on Monday, June 30th. Seven investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $426.77.

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.