The Home Depot, Inc. (NYSE:HD) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. trimmed its stake in The Home Depot, Inc. (NYSE:HD - Free Report) by 6.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,414 shares of the home improvement retailer's stock after selling 1,595 shares during the period. Home Depot accounts for about 0.9% of Cozad Asset Management Inc.'s investment portfolio, making the stock its 28th biggest holding. Cozad Asset Management Inc.'s holdings in Home Depot were worth $9,488,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of HD. Abacus Wealth Partners LLC lifted its position in Home Depot by 3.7% during the 3rd quarter. Abacus Wealth Partners LLC now owns 704 shares of the home improvement retailer's stock worth $285,000 after acquiring an additional 25 shares during the period. Redhawk Wealth Advisors Inc. lifted its position in Home Depot by 0.7% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 3,624 shares of the home improvement retailer's stock worth $1,469,000 after acquiring an additional 25 shares during the period. Ruedi Wealth Management Inc. lifted its position in Home Depot by 1.2% during the 2nd quarter. Ruedi Wealth Management Inc. now owns 2,372 shares of the home improvement retailer's stock worth $817,000 after acquiring an additional 27 shares during the period. Acorn Creek Capital LLC lifted its holdings in shares of Home Depot by 3.4% in the 2nd quarter. Acorn Creek Capital LLC now owns 845 shares of the home improvement retailer's stock valued at $291,000 after buying an additional 28 shares during the period. Finally, Consolidated Portfolio Review Corp lifted its holdings in shares of Home Depot by 1.9% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 1,524 shares of the home improvement retailer's stock valued at $617,000 after buying an additional 28 shares during the period. Institutional investors own 70.86% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on HD. TD Cowen boosted their price objective on Home Depot from $440.00 to $460.00 and gave the company a "buy" rating in a report on Monday, October 28th. JPMorgan Chase & Co. boosted their price objective on Home Depot from $377.00 to $400.00 and gave the company an "overweight" rating in a report on Monday, August 5th. Daiwa America raised Home Depot to a "hold" rating in a report on Thursday, August 15th. DA Davidson boosted their price objective on Home Depot from $430.00 to $466.00 and gave the company a "buy" rating in a report on Friday, October 25th. Finally, Barclays boosted their price objective on Home Depot from $372.00 to $420.00 and gave the company an "overweight" rating in a report on Tuesday. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty-two have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $416.52.

Home Depot Trading Up 2.3 %

Home Depot stock traded up $8.87 during mid-day trading on Thursday, hitting $397.24. The company's stock had a trading volume of 1,602,361 shares, compared to its average volume of 3,357,170. The firm has a market capitalization of $394.57 billion, a PE ratio of 26.74, a price-to-earnings-growth ratio of 2.74 and a beta of 1.01. The Home Depot, Inc. has a 1 year low of $286.79 and a 1 year high of $421.56. The company has a current ratio of 1.15, a quick ratio of 0.33 and a debt-to-equity ratio of 11.74. The stock's fifty day moving average is $393.80 and its two-hundred day moving average is $363.10.

Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The home improvement retailer reported $4.67 earnings per share for the quarter, topping the consensus estimate of $4.59 by $0.08. Home Depot had a return on equity of 733.61% and a net margin of 9.71%. The company had revenue of $43.18 billion during the quarter, compared to analyst estimates of $42.57 billion. During the same period in the prior year, the business posted $4.65 earnings per share. The firm's revenue for the quarter was up .6% compared to the same quarter last year. On average, analysts anticipate that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 12th. Stockholders of record on Thursday, August 29th were given a dividend of $2.25 per share. The ex-dividend date was Thursday, August 29th. This represents a $9.00 annualized dividend and a dividend yield of 2.27%. Home Depot's dividend payout ratio is currently 60.57%.

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.