Home Depot, Inc. (The) (HD) Holdings Boosted by California Capital Advisors Inc.

California Capital Advisors Inc. raised its holdings in Home Depot, Inc. (The) (NYSE:HD) by 1.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,075 shares of the home improvement retailer’s stock after purchasing an additional 233 shares during the quarter. Home Depot, Inc. (The) accounts for approximately 5.3% of California Capital Advisors Inc.’s investment portfolio, making the stock its 8th biggest position. California Capital Advisors Inc.’s holdings in Home Depot, Inc. (The) were worth $3,540,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. American Beacon Advisors Inc. acquired a new stake in shares of Home Depot, Inc. (The) in the 1st quarter valued at $100,000. Riggs Asset Managment Co. Inc. boosted its holdings in shares of Home Depot, Inc. (The) by 114.1% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock valued at $109,000 after purchasing an additional 397 shares in the last quarter. St. Johns Investment Management Company LLC boosted its holdings in shares of Home Depot, Inc. (The) by 81.8% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock valued at $169,000 after purchasing an additional 495 shares in the last quarter. Mascoma Wealth Management LLC boosted its holdings in shares of Home Depot, Inc. (The) by 0.6% in the 2nd quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock valued at $175,000 after purchasing an additional 7 shares in the last quarter. Finally, Peoples Financial Services CORP. boosted its holdings in shares of Home Depot, Inc. (The) by 12.2% in the 2nd quarter. Peoples Financial Services CORP. now owns 1,150 shares of the home improvement retailer’s stock valued at $176,000 after purchasing an additional 125 shares in the last quarter. 71.36% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts recently weighed in on the company. Bank of America Corporation raised their price objective on Home Depot, Inc. (The) from $170.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. KeyCorp assumed coverage on Home Depot, Inc. (The) in a report on Tuesday, November 7th. They set a “sector weight” rating on the stock. Royal Bank Of Canada set a $179.00 price objective on Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Monday, October 30th. Robert W. Baird set a $175.00 price objective on Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Friday, October 13th. Finally, Credit Suisse Group set a $171.00 price objective on Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $173.18.

In other news, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $157.10, for a total value of $5,027,200.00. Following the transaction, the executive vice president now owns 62,483 shares in the company, valued at approximately $9,816,079.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now owns 33,147 shares in the company, valued at approximately $4,984,977.33. The disclosure for this sale can be found here. Insiders sold a total of 57,717 shares of company stock worth $8,916,321 in the last 90 days. Company insiders own 0.26% of the company’s stock.

Home Depot, Inc. (HD) opened at $165.35 on Tuesday. The stock has a market capitalization of $193,455.83, a PE ratio of 23.58, a price-to-earnings-growth ratio of 1.65 and a beta of 1.08. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.48 and a current ratio of 1.30. Home Depot, Inc. has a 12 month low of $122.92 and a 12 month high of $167.94.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $27.84 billion. During the same quarter in the previous year, the business earned $1.97 EPS. The company’s quarterly revenue was up 6.2% on a year-over-year basis. equities research analysts expect that Home Depot, Inc. will post 7.32 earnings per share for the current fiscal year.

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Home Depot, Inc. (The) 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)

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