Toth Financial Advisory Corp increased its stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 15.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 8,240 shares of the home improvement retailer’s stock after purchasing an additional 1,112 shares during the quarter. Toth Financial Advisory Corp’s holdings in Home Depot were worth $2,432,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the stock. Northstar Asset Management LLC increased its position in shares of Home Depot by 2.0% during the 1st quarter. Northstar Asset Management LLC now owns 12,114 shares of the home improvement retailer’s stock valued at $3,575,000 after purchasing an additional 239 shares during the last quarter. Successful Portfolios LLC increased its position in shares of Home Depot by 0.7% during the 1st quarter. Successful Portfolios LLC now owns 8,049 shares of the home improvement retailer’s stock valued at $2,375,000 after purchasing an additional 55 shares during the last quarter. Chatham Capital Group Inc. increased its position in shares of Home Depot by 5.0% during the 1st quarter. Chatham Capital Group Inc. now owns 10,175 shares of the home improvement retailer’s stock valued at $3,003,000 after purchasing an additional 485 shares during the last quarter. Asset Dedication LLC increased its position in shares of Home Depot by 3.8% during the 1st quarter. Asset Dedication LLC now owns 17,536 shares of the home improvement retailer’s stock valued at $5,189,000 after purchasing an additional 636 shares during the last quarter. Finally, Syntal Capital Partners LLC increased its position in shares of Home Depot by 7.7% during the 1st quarter. Syntal Capital Partners LLC now owns 4,189 shares of the home improvement retailer’s stock valued at $1,236,000 after purchasing an additional 298 shares during the last quarter. Institutional investors own 69.91% of the company’s stock.
Insider Activity at Home Depot
In related news, EVP Hector A. Padilla sold 1,502 shares of the company’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $293.09, for a total transaction of $440,221.18. Following the transaction, the executive vice president now directly owns 13,958 shares of the company’s stock, valued at approximately $4,090,950.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.19% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Home Depot Trading Up 0.3 %
Shares of NYSE HD opened at $302.81 on Friday. The company has a debt-to-equity ratio of 113.02, a current ratio of 1.27 and a quick ratio of 0.28. The stock has a market capitalization of $304.44 billion, a P/E ratio of 18.45, a price-to-earnings-growth ratio of 1.96 and a beta of 0.94. The Home Depot, Inc. has a 1-year low of $265.61 and a 1-year high of $347.25. The business has a fifty day moving average price of $296.89 and a 200 day moving average price of $302.46.
Home Depot (NYSE:HD – Free Report) last announced its earnings results on Tuesday, May 16th. The home improvement retailer reported $3.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.80 by $0.02. Home Depot had a return on equity of 1,936.63% and a net margin of 10.75%. The company had revenue of $37.26 billion for the quarter, compared to analyst estimates of $38.35 billion. During the same period in the prior year, the company posted $4.09 EPS. The firm’s quarterly revenue was down 4.2% compared to the same quarter last year. Equities research analysts expect that The Home Depot, Inc. will post 14.97 EPS for the current fiscal year.
Home Depot Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Thursday, June 1st were given a dividend of $2.09 per share. This represents a $8.36 annualized dividend and a yield of 2.76%. The ex-dividend date was Wednesday, May 31st. Home Depot’s dividend payout ratio is currently 50.94%.
Home Depot Company 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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