Alliance Wealth Management Group maintained its position in shares of Home Depot, Inc. (The) (NYSE:HD) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,486 shares of the home improvement retailer’s stock at the close of the second quarter. Alliance Wealth Management Group’s holdings in Home Depot, Inc. (The) were worth $227,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc increased its position in shares of Home Depot, Inc. (The) by 3.0% in the second quarter. IFP Advisors Inc now owns 73,631 shares of the home improvement retailer’s stock worth $11,295,000 after purchasing an additional 2,133 shares during the last quarter. Smithfield Trust Co. increased its position in shares of Home Depot, Inc. (The) by 0.3% in the second quarter. Smithfield Trust Co. now owns 8,387 shares of the home improvement retailer’s stock worth $1,287,000 after purchasing an additional 25 shares during the last quarter. Quantitative Systematic Strategies LLC increased its position in shares of Home Depot, Inc. (The) by 12.2% in the second quarter. Quantitative Systematic Strategies LLC now owns 19,718 shares of the home improvement retailer’s stock worth $3,001,000 after purchasing an additional 2,139 shares during the last quarter. BP PLC increased its position in shares of Home Depot, Inc. (The) by 16.2% in the second quarter. BP PLC now owns 179,000 shares of the home improvement retailer’s stock worth $27,459,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Karp Capital Management Corp bought a new position in shares of Home Depot, Inc. (The) in the first quarter worth approximately $99,739,000. Institutional investors own 71.14% of the company’s stock.

Home Depot, Inc. (NYSE:HD) opened at $167.74 on Monday. The company has a current ratio of 1.23, a quick ratio of 0.39 and a debt-to-equity ratio of 9.54. The company has a market capitalization of $197,734.94, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 1.70 and a beta of 1.08. Home Depot, Inc. has a 52-week low of $127.41 and a 52-week high of $168.43.

Home Depot, Inc. (The) (NYSE:HD) last announced its quarterly earnings data on Tuesday, November 14th. The home improvement retailer reported $1.84 EPS for the quarter, beating the consensus estimate of $1.81 by $0.03. The business had revenue of $25.03 billion during the quarter, compared to analyst estimates of $24.53 billion. Home Depot, Inc. (The) had a return on equity of 238.88% and a net margin of 8.66%. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.60 earnings per share. equities research analysts forecast that Home Depot, Inc. will post 7.37 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Wednesday, November 29th. Home Depot, Inc. (The)’s dividend payout ratio is currently 49.44%.

In other Home Depot, Inc. (The) news, EVP Matt Carey sold 32,000 shares of the firm’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the completion of the transaction, the executive vice president now owns 62,483 shares of the company’s stock, valued at $9,816,079.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.26% of the company’s stock.

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A number of brokerages have commented on HD. Zacks Investment Research cut shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Robert W. Baird set a $175.00 price target on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Sunday, September 10th. Royal Bank Of Canada set a $179.00 price target on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Monday, October 30th. Credit Suisse Group set a $171.00 price target on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Friday, October 13th. Finally, Bank of America Corporation reiterated a “buy” rating and set a $170.00 price target on shares of Home Depot, Inc. (The) in a research report on Tuesday, September 5th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Home Depot, Inc. (The) has an average rating of “Buy” and a consensus target price of $175.66.

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.

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

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