Home Depot Inc (HD) Stake Held by Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P.

Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. held its stake in Home Depot Inc (NYSE:HD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,800 shares of the home improvement retailer’s stock at the end of the fourth quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P.’s holdings in Home Depot were worth $510,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Edge Wealth Management LLC boosted its position in Home Depot by 0.3% in the third quarter. Edge Wealth Management LLC now owns 1,068 shares of the home improvement retailer’s stock valued at $137,000 after buying an additional 3 shares during the last quarter. West Coast Financial LLC boosted its position in Home Depot by 0.3% in the third quarter. West Coast Financial LLC now owns 1,760 shares of the home improvement retailer’s stock valued at $226,000 after buying an additional 5 shares during the last quarter. Piershale Financial Group Inc. boosted its position in Home Depot by 0.5% in the third quarter. Piershale Financial Group Inc. now owns 2,270 shares of the home improvement retailer’s stock valued at $292,000 after buying an additional 12 shares during the last quarter. Cape ANN Savings Bank boosted its position in Home Depot by 0.7% in the third quarter. Cape ANN Savings Bank now owns 1,759 shares of the home improvement retailer’s stock valued at $226,000 after buying an additional 12 shares during the last quarter. Finally, SignalPoint Asset Management LLC boosted its position in Home Depot by 0.3% in the third quarter. SignalPoint Asset Management LLC now owns 4,781 shares of the home improvement retailer’s stock valued at $615,000 after buying an additional 12 shares during the last quarter. Institutional investors and hedge funds own 71.53% of the company’s stock.

Institutional Ownership by Quarter for Home Depot (NYSE:HD)

Shares of Home Depot Inc (NYSE:HD) traded up 0.81% during midday trading on Thursday, reaching $148.41. 1,294,340 shares of the company traded hands. The company has a 50 day moving average of $147.27 and a 200 day moving average of $136.34. Home Depot Inc has a 12 month low of $119.20 and a 12 month high of $150.15. The firm has a market capitalization of $178.53 billion, a P/E ratio of 23.01 and a beta of 1.09.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, February 21st. The home improvement retailer reported $1.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.11. Home Depot had a net margin of 8.23% and a return on equity of 123.29%. The business had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $21.74 billion. During the same quarter last year, the company earned $1.17 EPS. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. On average, equities research analysts predict that Home Depot Inc will post $7.19 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 23rd. Investors of record on Thursday, March 9th were issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date was Tuesday, March 7th. This is a boost from Home Depot’s previous quarterly dividend of $0.69. Home Depot’s dividend payout ratio (DPR) is 44.66%.

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HD has been the topic of a number of recent analyst reports. Wedbush reissued a “neutral” rating and set a $145.00 price target on shares of Home Depot in a report on Wednesday, February 22nd. Vetr upgraded Home Depot from a “hold” rating to a “buy” rating and set a $153.35 target price for the company in a research report on Monday, April 10th. Zacks Investment Research raised shares of Home Depot from a “hold” rating to a “buy” rating and set a $151.00 price target for the company in a research note on Tuesday, January 17th. Telsey Advisory Group lifted their price target on shares of Home Depot from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, February 22nd. Finally, Morgan Stanley raised shares of Home Depot from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $150.00 to $165.00 in a research note on Thursday, February 23rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. Home Depot has a consensus rating of “Buy” and a consensus target price of $150.23.

About Home Depot

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

5 Day Chart for NYSE:HD

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