Gradient Investments LLC grew its holdings in Home Depot Inc (NYSE:HD) by 104.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,727 shares of the home improvement retailer’s stock after buying an additional 6,514 shares during the period. Gradient Investments LLC’s holdings in Home Depot were worth $2,647,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Oregon Public Employees Retirement Fund grew its position in shares of Home Depot by 8,331.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,467,191 shares of the home improvement retailer’s stock worth $125,000 after acquiring an additional 21,212,570 shares during the last quarter. Clearbridge Investments LLC grew its position in shares of Home Depot by 2.2% during the first quarter. Clearbridge Investments LLC now owns 7,199,871 shares of the home improvement retailer’s stock worth $1,381,583,000 after acquiring an additional 158,174 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Home Depot by 3.1% during the fourth quarter. Fisher Asset Management LLC now owns 4,582,792 shares of the home improvement retailer’s stock worth $787,415,000 after acquiring an additional 136,686 shares during the last quarter. Thoroughbred Financial Services LLC grew its position in shares of Home Depot by 21,191.0% during the second quarter. Thoroughbred Financial Services LLC now owns 3,534,097 shares of the home improvement retailer’s stock worth $353,410,000 after acquiring an additional 3,517,498 shares during the last quarter. Finally, Nordea Investment Management AB grew its position in shares of Home Depot by 1.8% during the fourth quarter. Nordea Investment Management AB now owns 1,607,357 shares of the home improvement retailer’s stock worth $276,176,000 after acquiring an additional 28,991 shares during the last quarter. Institutional investors and hedge funds own 69.44% of the company’s stock.

A number of brokerages have recently issued reports on HD. Robert W. Baird raised their target price on shares of Facebook from $195.00 to $215.00 and gave the stock an “outperform” rating in a research report on Thursday, April 25th. Wells Fargo & Co restated a “hold” rating and set a $70.00 target price on shares of Church & Dwight in a research report on Thursday, May 2nd. Morgan Stanley lowered their target price on shares of Wells Fargo & Co from $55.00 to $51.00 and set an “equal weight” rating on the stock in a research report on Monday, April 15th. Citigroup lowered their target price on shares of GrafTech International from $21.00 to $17.00 and set a “buy” rating on the stock in a research report on Monday, April 1st. Finally, Royal Bank of Canada set a €86.00 ($100.00) target price on shares of Henkel AG & Co KGaA and gave the stock a “neutral” rating in a research report on Tuesday, May 7th. Nine investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $207.78.

In other Home Depot news, EVP Timothy A. Hourigan sold 13,000 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $193.30, for a total transaction of $2,512,900.00. Following the sale, the executive vice president now directly owns 64,575 shares in the company, valued at approximately $12,482,347.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 8,500 shares of the business’s stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $194.38, for a total transaction of $1,652,230.00. Following the sale, the executive vice president now owns 13,357 shares in the company, valued at $2,596,333.66. The disclosure for this sale can be found here. Over the last quarter, insiders sold 82,522 shares of company stock worth $16,156,831. 0.27% of the stock is currently owned by insiders.

NYSE:HD traded up $1.36 during midday trading on Friday, reaching $216.91. The stock had a trading volume of 2,675,534 shares, compared to its average volume of 3,228,037. The business’s fifty day simple moving average is $209.35. Home Depot Inc has a 12-month low of $158.09 and a 12-month high of $219.30. The company has a current ratio of 1.04, a quick ratio of 0.26 and a debt-to-equity ratio of 17.68. The stock has a market cap of $237.17 billion, a PE ratio of 21.93, a P/E/G ratio of 1.98 and a beta of 1.12.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 21st. The home improvement retailer reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.10. Home Depot had a net margin of 10.24% and a negative return on equity of 6,597.69%. The firm had revenue of $26.38 billion for the quarter, compared to analyst estimates of $26.34 billion. During the same period last year, the firm posted $2.08 EPS. Home Depot’s quarterly revenue was up 5.7% on a year-over-year basis. As a group, sell-side analysts expect that Home Depot Inc will post 10.17 EPS for the current year.

Home Depot 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.

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

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