Investors Asset Management of Georgia Inc. GA ADV Has $2,783,000 Stake in Home Depot, Inc. (The) (NYSE:HD)

Investors Asset Management of Georgia Inc. GA ADV held its position in shares of Home Depot, Inc. (The) (NYSE:HD) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,759 shares of the home improvement retailer’s stock at the end of the first quarter. Home Depot, Inc. (The) accounts for about 2.1% of Investors Asset Management of Georgia Inc. GA ADV’s investment portfolio, making the stock its 6th largest position. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Home Depot, Inc. (The) were worth $2,783,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. CT Financial Advisors LLC increased its position in Home Depot, Inc. (The) by 0.4% in the first quarter. CT Financial Advisors LLC now owns 758 shares of the home improvement retailer’s stock worth $111,000 after buying an additional 3 shares in the last quarter. Piershale Financial Group Inc. increased its position in Home Depot, Inc. (The) by 0.6% in the first quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock worth $322,000 after buying an additional 13 shares in the last quarter. LVM Capital Management Ltd. MI increased its position in Home Depot, Inc. (The) by 1.1% in the first quarter. LVM Capital Management Ltd. MI now owns 2,087 shares of the home improvement retailer’s stock worth $306,000 after buying an additional 23 shares in the last quarter. Newman Dignan & Sheerar Inc. increased its position in Home Depot, Inc. (The) by 0.7% in the first quarter. Newman Dignan & Sheerar Inc. now owns 3,622 shares of the home improvement retailer’s stock worth $532,000 after buying an additional 24 shares in the last quarter. Finally, Baldwin Brothers Inc. MA increased its position in Home Depot, Inc. (The) by 1.8% in the first quarter. Baldwin Brothers Inc. MA now owns 1,354 shares of the home improvement retailer’s stock worth $199,000 after buying an additional 24 shares in the last quarter. 71.44% of the stock is owned by hedge funds and other institutional investors.

Home Depot, Inc. (HD) traded up 0.24% during midday trading on Friday, hitting $148.08. 3,421,081 shares of the stock traded hands. The stock’s 50-day moving average price is $152.29 and its 200-day moving average price is $148.52. Home Depot, Inc. has a 52 week low of $119.20 and a 52 week high of $160.86. The stock has a market capitalization of $177.04 billion, a P/E ratio of 22.16 and a beta of 1.09.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings data on Tuesday, May 16th. The home improvement retailer reported $1.67 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.61 by $0.06. Home Depot, Inc. (The) had a return on equity of 158.80% and a net margin of 8.53%. The business had revenue of $23.89 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same quarter in the prior year, the firm posted $1.44 EPS. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. Equities research analysts expect that Home Depot, Inc. will post $7.24 EPS for the current fiscal year.

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HD has been the subject of several recent analyst reports. Vetr raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $153.35 price target on the stock in a report on Monday, April 10th. Zacks Investment Research raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $170.00 target price on the stock in a report on Tuesday, April 25th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $158.00 target price on shares of Home Depot, Inc. (The) in a report on Tuesday, May 2nd. Credit Suisse Group set a $163.00 target price on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Tuesday, May 2nd. Finally, BTIG Research raised their target price on shares of Home Depot, Inc. (The) from $155.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, May 5th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and twenty have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $164.68.

In other news, Director Wayne M. Hewett acquired 350 shares of the firm’s stock in a transaction on Wednesday, May 17th. The shares were bought at an average price of $157.11 per share, for a total transaction of $54,988.50. Following the acquisition, the director now owns 1,400 shares of the company’s stock, valued at approximately $219,954. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP William G. Lennie sold 31,239 shares of the firm’s stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $155.47, for a total value of $4,856,727.33. Following the completion of the transaction, the executive vice president now owns 46,294 shares in the company, valued at approximately $7,197,328.18. The disclosure for this sale can be found here. Insiders have sold a total of 128,900 shares of company stock worth $20,167,386 in the last quarter. Insiders own 0.26% of the company’s stock.

About Home Depot, Inc. (The)

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 serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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