Home Depot, Inc. (The) (HD) Holdings Cut by First American Trust FSB

First American Trust FSB lessened its holdings in Home Depot, Inc. (The) (NYSE:HD) by 4.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,476 shares of the home improvement retailer’s stock after selling 75 shares during the quarter. First American Trust FSB’s holdings in Home Depot, Inc. (The) were worth $227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the business. Jackson Grant Investment Advisers Inc. grew its stake in Home Depot, Inc. (The) by 0.4% in the 1st quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock valued at $241,000 after purchasing an additional 6 shares during the period. Pineno Levin & Ford Asset Management Inc. grew its stake in Home Depot, Inc. (The) by 0.3% in the 1st quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock valued at $400,000 after purchasing an additional 9 shares during the period. Piershale Financial Group Inc. grew its stake in Home Depot, Inc. (The) by 0.6% in the 1st quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock valued at $322,000 after purchasing an additional 13 shares during the period. Baldwin Brothers Inc. MA grew its stake in Home Depot, Inc. (The) by 1.8% in the 1st quarter. Baldwin Brothers Inc. MA now owns 1,354 shares of the home improvement retailer’s stock valued at $199,000 after purchasing an additional 24 shares during the period. Finally, Howland Capital Management LLC grew its stake in Home Depot, Inc. (The) by 0.3% in the 1st quarter. Howland Capital Management LLC now owns 9,936 shares of the home improvement retailer’s stock valued at $1,459,000 after purchasing an additional 26 shares during the period. Hedge funds and other institutional investors own 71.45% of the company’s stock.

In other news, EVP Teresa Wynn Roseborough sold 15,000 shares of the business’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $150.39, for a total value of $2,255,850.00. Following the transaction, the executive vice president now directly owns 33,147 shares in the company, valued at $4,984,977.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ann Marie Campbell sold 10,717 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $152.40, for a total value of $1,633,270.80. Following the completion of the transaction, the executive vice president now owns 64,810 shares in the company, valued at $9,877,044. The disclosure for this sale can be found here. Insiders sold 57,717 shares of company stock worth $8,916,321 over the last 90 days. Company insiders own 0.26% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This news story was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this news story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright law. The correct version of this news story can be accessed at https://www.chaffeybreeze.com/2017/09/16/home-depot-inc-the-hd-holdings-cut-by-first-american-trust-fsb.html.

A number of brokerages have issued reports on HD. Zacks Investment Research upgraded Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $167.00 price objective for the company in a research note on Thursday, August 24th. Vetr raised Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $160.62 price target on the stock in a research report on Tuesday, May 30th. Longbow Research reaffirmed a “buy” rating and set a $175.00 price target on shares of Home Depot, Inc. (The) in a research report on Monday, August 14th. BidaskClub cut Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. Finally, Barclays PLC set a $165.00 price target on Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, August 16th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $169.86.

Shares of Home Depot, Inc. (NYSE HD) traded down 0.61% during trading on Friday, reaching $158.40. The company’s stock had a trading volume of 9,124,244 shares. Home Depot, Inc. has a 12-month low of $119.20 and a 12-month high of $161.38. The company has a market cap of $186.72 billion, a PE ratio of 22.80 and a beta of 1.07. The company has a 50 day moving average of $152.78 and a 200 day moving average of $151.82.

Home Depot, Inc. (The) (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The business had revenue of $28.11 billion for the quarter, compared to the consensus estimate of $27.84 billion. During the same period in the previous year, the business earned $1.97 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. On average, analysts anticipate that Home Depot, Inc. will post $7.33 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Stockholders of record on Thursday, August 31st were given a $0.89 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $3.56 annualized dividend and a dividend yield of 2.25%. Home Depot, Inc. (The)’s payout ratio is 51.15%.

Home Depot, Inc. (The) Company Profile

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)

Receive News & Ratings for Home Depot Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply