Mizuho Securities USA LLC bought a new stake in Home Depot, Inc. (The) (NYSE:HD) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 21,507 shares of the home improvement retailer’s stock, valued at approximately $3,518,000.

A number of other large investors have also bought and sold shares of HD. Jacobi Capital Management LLC grew its stake in shares of Home Depot by 16.4% in the second quarter. Jacobi Capital Management LLC now owns 717 shares of the home improvement retailer’s stock valued at $108,000 after buying an additional 101 shares in the last quarter. Glassman Wealth Services grew its stake in shares of Home Depot by 38.3% in the second quarter. Glassman Wealth Services now owns 1,084 shares of the home improvement retailer’s stock valued at $166,000 after buying an additional 300 shares in the last quarter. St. Johns Investment Management Company LLC grew its stake in shares of Home Depot by 81.8% in the second quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock valued at $169,000 after buying an additional 495 shares in the last quarter. Mascoma Wealth Management LLC grew its stake in shares of Home Depot by 0.6% in the second quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock valued at $175,000 after buying an additional 7 shares in the last quarter. Finally, Acrospire Investment Management LLC grew its stake in shares of Home Depot by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the home improvement retailer’s stock valued at $184,000 after buying an additional 900 shares in the last quarter. Institutional investors own 70.16% of the company’s stock.

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets set a $191.00 price objective on Home Depot and gave the company a “buy” rating in a research note on Friday, December 15th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $164.00 price objective on shares of Home Depot in a research note on Sunday, October 1st. Zacks Investment Research cut Home Depot from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Sanford C. Bernstein set a $170.00 price objective on Home Depot and gave the company a “hold” rating in a research note on Thursday, December 7th. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $195.00 price objective on shares of Home Depot in a research note on Thursday, November 30th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $183.28.

In other news, EVP Matt Carey sold 41,396 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $183.03, for a total transaction of $7,576,709.88. Following the completion of the transaction, the executive vice president now directly owns 29,559 shares of the company’s stock, valued at approximately $5,410,183.77. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.26% of the company’s stock.

Home Depot, Inc. (NYSE:HD) opened at $188.13 on Monday. The stock has a market capitalization of $219,690.00, a PE ratio of 26.09, a PEG ratio of 1.92 and a beta of 1.11. Home Depot, Inc. has a 1 year low of $133.05 and a 1 year high of $188.84. The company has a current ratio of 1.23, a quick ratio of 0.39 and a debt-to-equity ratio of 9.54.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.81 by $0.03. The business had revenue of $25.03 billion during the quarter, compared to analysts’ expectations of $24.53 billion. Home Depot had a return on equity of 238.88% and a net margin of 8.66%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.60 EPS. equities research analysts predict that Home Depot, Inc. will post 7.35 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th were given a dividend of $0.89 per share. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $3.56 annualized dividend and a dividend yield of 1.89%. Home Depot’s dividend payout ratio is currently 49.38%.

Home Depot declared that its board has initiated a stock buyback program on Wednesday, December 6th that allows the company to buyback $15.00 billion in shares. This buyback authorization allows the home improvement retailer to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

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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 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 (NYSE:HD)

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