Alesco Advisors LLC lifted its holdings in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 13.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 893 shares of the home improvement retailer’s stock after buying an additional 104 shares during the quarter. Alesco Advisors LLC’s holdings in Home Depot were worth $264,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the business. Geode Capital Management LLC raised its stake in shares of Home Depot by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 19,008,019 shares of the home improvement retailer’s stock worth $5,993,612,000 after buying an additional 585,226 shares during the period. Morgan Stanley increased its position in shares of Home Depot by 10.0% during the fourth quarter. Morgan Stanley now owns 18,737,490 shares of the home improvement retailer’s stock worth $5,918,425,000 after purchasing an additional 1,698,402 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Home Depot by 5.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 12,435,687 shares of the home improvement retailer’s stock worth $3,899,964,000 after purchasing an additional 607,480 shares in the last quarter. Norges Bank purchased a new stake in shares of Home Depot during the fourth quarter worth approximately $3,740,875,000. Finally, Moneta Group Investment Advisors LLC increased its position in shares of Home Depot by 105,205.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,994,957 shares of the home improvement retailer’s stock worth $3,472,867,000 after purchasing an additional 10,984,516 shares in the last quarter. 69.91% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Home Depot
In other Home Depot news, EVP Hector A. Padilla sold 1,502 shares of the stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $293.09, for a total value of $440,221.18. Following the sale, the executive vice president now owns 13,958 shares of the company’s stock, valued at approximately $4,090,950.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.19% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Home Depot Price Performance
HD opened at $302.81 on Friday. The stock’s 50-day moving average price is $296.89 and its 200 day moving average price is $302.46. The Home Depot, Inc. has a 12-month low of $265.61 and a 12-month high of $347.25. The company has a current ratio of 1.27, a quick ratio of 0.28 and a debt-to-equity ratio of 113.02. The firm has a market cap of $304.44 billion, a price-to-earnings ratio of 18.45, a PEG ratio of 1.96 and a beta of 0.94.
Home Depot (NYSE:HD – Free Report) last posted its earnings results on Tuesday, May 16th. The home improvement retailer reported $3.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.80 by $0.02. The firm had revenue of $37.26 billion for the quarter, compared to analyst estimates of $38.35 billion. Home Depot had a return on equity of 1,936.63% and a net margin of 10.75%. Home Depot’s revenue was down 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.09 EPS. As a group, sell-side analysts expect that The Home Depot, Inc. will post 14.97 earnings per share for the current year.
Home Depot Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st were given a $2.09 dividend. This represents a $8.36 dividend on an annualized basis 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 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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