The Home Depot, Inc. (NYSE:HD) Shares Sold by Certified Advisory Corp

Certified Advisory Corp lowered its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 7.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,167 shares of the home improvement retailer's stock after selling 878 shares during the quarter. Certified Advisory Corp's holdings in Home Depot were worth $3,955,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HD. Legacy Investment Solutions LLC acquired a new stake in Home Depot during the third quarter valued at $41,000. Livelsberger Financial Advisory acquired a new stake in Home Depot during the third quarter valued at $46,000. Strategic Investment Solutions Inc. IL acquired a new stake in Home Depot during the second quarter valued at $47,000. Quarry LP grew its position in Home Depot by 36.0% during the second quarter. Quarry LP now owns 136 shares of the home improvement retailer's stock valued at $47,000 after buying an additional 36 shares during the period. Finally, Semmax Financial Advisors Inc. grew its position in Home Depot by 111.3% during the second quarter. Semmax Financial Advisors Inc. now owns 150 shares of the home improvement retailer's stock valued at $53,000 after buying an additional 79 shares during the period. Institutional investors and hedge funds own 70.86% of the company's stock.

Home Depot Trading Up 0.0 %

HD stock traded up $0.09 during trading on Friday, reaching $409.42. 3,194,517 shares of the stock were exchanged, compared to its average volume of 2,543,379. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The business has a 50 day moving average price of $406.44 and a 200-day moving average price of $386.94. The Home Depot, Inc. has a 1 year low of $323.77 and a 1 year high of $439.37. The firm has a market capitalization of $406.70 billion, a price-to-earnings ratio of 27.81, a P/E/G ratio of 4.11 and a beta of 1.05.

Home Depot (NYSE:HD - Get Free Report) last issued its earnings results on Tuesday, November 12th. The home improvement retailer reported $3.78 EPS for the quarter, topping analysts' consensus estimates of $3.64 by $0.14. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The company had revenue of $40.22 billion for the quarter, compared to the consensus estimate of $39.31 billion. During the same period in the previous year, the firm earned $3.81 earnings per share. Home Depot's quarterly revenue was up 6.6% compared to the same quarter last year. On average, research analysts predict that The Home Depot, Inc. will post 15.12 earnings per share for the current year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th were paid a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend was Wednesday, November 27th. Home Depot's dividend payout ratio (DPR) is presently 61.14%.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Ann Marie Campbell sold 100 shares of the business's stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $402.58, for a total transaction of $40,258.00. Following the completion of the transaction, the executive vice president now owns 12,465 shares in the company, valued at $5,018,159.70. The trade was a 0.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Teresa Wynn Roseborough sold 22,084 shares of the business's stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $408.91, for a total transaction of $9,030,368.44. Following the transaction, the executive vice president now owns 20,404 shares of the company's stock, valued at $8,343,399.64. This trade represents a 51.98 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,188 shares of company stock worth $15,624,585 over the last three months. Insiders own 0.10% of the company's stock.

Wall Street Analyst Weigh In

HD has been the topic of several analyst reports. DA Davidson raised their price target on shares of Home Depot from $430.00 to $466.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Barclays raised their price target on shares of Home Depot from $372.00 to $420.00 and gave the company an "overweight" rating in a research report on Tuesday, November 5th. Morgan Stanley raised their price target on shares of Home Depot from $380.00 to $450.00 and gave the company an "overweight" rating in a research report on Monday, October 21st. Mizuho lifted their target price on shares of Home Depot from $435.00 to $440.00 and gave the company an "outperform" rating in a research report on Wednesday, November 13th. Finally, Guggenheim lifted their target price on shares of Home Depot from $390.00 to $450.00 and gave the company a "buy" rating in a research report on Friday, October 4th. One analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-three have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $426.00.

Home Depot Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.