Chatham Capital Group Inc. lowered its stake in Home Depot Inc (NYSE:HD) by 1.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,051 shares of the home improvement retailer’s stock after selling 50 shares during the quarter. Chatham Capital Group Inc.’s holdings in Home Depot were worth $1,125,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Price Wealth LLC lifted 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 period. Selective Wealth Management Inc. lifted 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 period. JJJ Advisors Inc. lifted its stake in shares of Home Depot by 201.6% in the 3rd quarter. JJJ Advisors Inc. now owns 184 shares of the home improvement retailer’s stock valued at $51,000 after purchasing an additional 123 shares during the period. Evolution Wealth Advisors LLC lifted its stake in shares of Home Depot by 138.8% in the 2nd quarter. Evolution Wealth Advisors LLC now owns 191 shares of the home improvement retailer’s stock valued at $48,000 after purchasing an additional 111 shares during the period. Finally, Your Advocates Ltd. LLP raised its stake in Home Depot by 51.4% during the 2nd quarter. Your Advocates Ltd. LLP now owns 221 shares of the home improvement retailer’s stock worth $57,000 after buying an additional 75 shares during the period. 69.00% of the stock is currently owned by institutional investors.

Shares of NYSE HD traded up $1.84 during mid-day trading on Friday, hitting $283.00. The company had a trading volume of 1,750,747 shares, compared to its average volume of 4,899,439. Home Depot Inc has a one year low of $140.63 and a one year high of $292.95. The company has a market capitalization of $304.64 billion, a PE ratio of 25.94, a price-to-earnings-growth ratio of 2.36 and a beta of 1.09. The firm has a 50-day simple moving average of $278.20 and a two-hundred day simple moving average of $254.81.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.20 by $0.82. Home Depot had a net margin of 9.91% and a negative return on equity of 583.91%. The business had revenue of $38.05 billion during the quarter, compared to the consensus estimate of $32.13 billion. During the same period last year, the business posted $3.17 EPS. Home Depot’s revenue was up 23.4% on a year-over-year basis. On average, sell-side analysts forecast that Home Depot Inc will post 11.41 earnings per share for the current year.

Several brokerages recently commented on HD. Raymond James raised their price objective on Home Depot from $295.00 to $305.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Morgan Stanley raised their price objective on Home Depot from $295.00 to $300.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Exane BNP Paribas began coverage on Home Depot in a research note on Monday, October 5th. They set an “outperform” rating and a $310.00 price objective on the stock. Wedbush raised their price objective on Home Depot from $270.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Finally, BofA Securities raised their price objective on Home Depot from $330.00 to $350.00 and gave the stock a “buy” rating in a research note on Tuesday, October 20th. Eight equities research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $290.00.

In related news, EVP William G. Lennie sold 13,199 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $283.22, for a total value of $3,738,220.78. Following the completion of the sale, the executive vice president now directly owns 49,736 shares in the company, valued at approximately $14,086,229.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Matt Carey sold 13,680 shares of the firm’s stock in a transaction dated Sunday, August 16th. The shares were sold at an average price of $194.35, for a total transaction of $2,658,708.00. The disclosure for this sale can be found here. Insiders sold a total of 119,304 shares of company stock valued at $32,088,591 over the last quarter. 0.26% of the stock is currently owned by company insiders.

About Home Depot

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 d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

Read More: How is an ETF different from a mutual fund?

Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Home Depot Inc (NYSE:HD).

Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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