1,000 Shares in Home Depot Inc (NYSE:HD) Acquired by Sicart Associates LLC
Sicart Associates LLC purchased a new position in shares of Home Depot Inc (NYSE:HD) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,000 shares of the home improvement retailer’s stock, valued at approximately $251,000.
Other large investors have also recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP bought a new position in Home Depot during the 1st quarter worth $27,000. Lion Street Advisors LLC bought a new position in shares of Home Depot in the 1st quarter valued at $28,000. Price Wealth LLC increased its stake in shares of Home Depot by 138.5% in the 2nd quarter. Price Wealth LLC now owns 124 shares of the home improvement retailer’s stock valued at $31,000 after purchasing an additional 72 shares during the last quarter. Selective Wealth Management Inc. increased its stake in shares of Home Depot by 243.9% in the 2nd quarter. Selective Wealth Management Inc. now owns 141 shares of the home improvement retailer’s stock valued at $35,000 after purchasing an additional 100 shares during the last quarter. Finally, Cordasco Financial Network increased its stake in shares of Home Depot by 120.5% in the 1st quarter. Cordasco Financial Network now owns 247 shares of the home improvement retailer’s stock valued at $46,000 after purchasing an additional 135 shares during the last quarter. 69.65% of the stock is owned by institutional investors and hedge funds.
In related news, EVP William G. Lennie sold 17,993 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $236.02, for a total value of $4,246,707.86. Following the completion of the sale, the executive vice president now directly owns 54,405 shares of the company’s stock, valued at approximately $12,840,668.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.26% of the company’s stock.
Shares of NYSE:HD traded down $0.82 during midday trading on Friday, reaching $265.49. The company’s stock had a trading volume of 3,640,388 shares, compared to its average volume of 2,813,202. The firm has a market capitalization of $285.54 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 2.31 and a beta of 1.06. The firm has a 50 day moving average price of $252.21 and a two-hundred day moving average price of $229.53. Home Depot Inc has a fifty-two week low of $140.63 and a fifty-two week high of $269.07.
Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $2.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.27 by ($0.19). The business had revenue of $28.26 billion during the quarter, compared to analyst estimates of $27.59 billion. Home Depot had a net margin of 9.79% and a negative return on equity of 496.11%. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.27 earnings per share. As a group, sell-side analysts anticipate that Home Depot Inc will post 10.09 EPS for the current year.
Home Depot Company Profile
The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.
See Also: Net Margin
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