Consilium Wealth Advisory LLC lessened its stake in shares of The Home Depot, Inc. (NYSE:HD – Get Rating) by 3.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,976 shares of the home improvement retailer’s stock after selling 69 shares during the period. Consilium Wealth Advisory LLC’s holdings in Home Depot were worth $583,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the stock. Teamwork Financial Advisors LLC lifted its position in Home Depot by 1.4% during the fourth quarter. Teamwork Financial Advisors LLC now owns 2,309 shares of the home improvement retailer’s stock valued at $729,000 after purchasing an additional 31 shares during the last quarter. Retirement Planning Co of New England Inc. lifted its position in Home Depot by 0.5% during the fourth quarter. Retirement Planning Co of New England Inc. now owns 5,769 shares of the home improvement retailer’s stock valued at $1,822,000 after purchasing an additional 31 shares during the last quarter. Summit Asset Management LLC lifted its holdings in shares of Home Depot by 0.9% in the 4th quarter. Summit Asset Management LLC now owns 3,491 shares of the home improvement retailer’s stock worth $1,103,000 after acquiring an additional 31 shares during the last quarter. Insight Wealth Strategies LLC lifted its holdings in shares of Home Depot by 0.6% in the 4th quarter. Insight Wealth Strategies LLC now owns 5,794 shares of the home improvement retailer’s stock worth $1,830,000 after acquiring an additional 32 shares during the last quarter. Finally, Monterey Private Wealth Inc. lifted its holdings in shares of Home Depot by 2.2% in the 4th quarter. Monterey Private Wealth Inc. now owns 1,495 shares of the home improvement retailer’s stock worth $472,000 after acquiring an additional 32 shares during the last quarter. Hedge funds and other institutional investors own 69.91% of the company’s stock.
Home Depot Stock Performance
Shares of Home Depot stock opened at $300.81 on Monday. The stock has a market cap of $302.43 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 1.96 and a beta of 0.93. The firm’s 50-day moving average is $294.65 and its 200 day moving average is $303.46. The Home Depot, Inc. has a 1 year low of $265.61 and a 1 year high of $347.25. The company has a debt-to-equity ratio of 113.02, a current ratio of 1.27 and a quick ratio of 0.28.
Home Depot Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st were paid a dividend of $2.09 per share. This represents a $8.36 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend was Wednesday, May 31st. Home Depot’s dividend payout ratio is currently 50.94%.
Analysts Set New Price Targets
HD has been the subject of a number of recent research reports. Citigroup lowered their price objective on shares of Home Depot from $332.00 to $327.00 in a report on Wednesday, May 10th. Credit Suisse Group lowered their price objective on shares of Home Depot from $320.00 to $310.00 in a report on Wednesday, May 17th. Telsey Advisory Group lowered their price target on shares of Home Depot from $340.00 to $315.00 and set an “outperform” rating for the company in a report on Wednesday, May 17th. TheStreet lowered shares of Home Depot from a “b” rating to a “c+” rating in a report on Tuesday, May 16th. Finally, Sanford C. Bernstein lowered their price target on shares of Home Depot from $333.00 to $314.00 in a report on Wednesday, May 17th. Twelve equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and a consensus target price of $323.43.
Insider Buying and Selling at Home Depot
In other Home Depot news, EVP Hector A. Padilla sold 1,502 shares of the company’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $293.09, for a total transaction of $440,221.18. Following the transaction, the executive vice president now owns 13,958 shares in the company, valued at approximately $4,090,950.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.19% of the company’s stock.
Home Depot Profile
The Home Depot, Inc operates as a home improvement retailer. 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.
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