Fidelis Capital Partners LLC Buys 792 Shares of The Home Depot, Inc. (NYSE:HD)

Fidelis Capital Partners LLC increased its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 7.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,992 shares of the home improvement retailer's stock after purchasing an additional 792 shares during the period. Fidelis Capital Partners LLC's holdings in Home Depot were worth $4,493,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Geode Capital Management LLC boosted its holdings in shares of Home Depot by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 21,700,427 shares of the home improvement retailer's stock worth $8,767,449,000 after buying an additional 433,126 shares during the period. Fisher Asset Management LLC lifted its position in Home Depot by 1.3% during the 4th quarter. Fisher Asset Management LLC now owns 9,552,090 shares of the home improvement retailer's stock worth $3,715,668,000 after acquiring an additional 125,441 shares during the last quarter. FMR LLC boosted its holdings in Home Depot by 10.1% during the third quarter. FMR LLC now owns 8,679,237 shares of the home improvement retailer's stock valued at $3,516,827,000 after acquiring an additional 795,438 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Home Depot by 5.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,030,483 shares of the home improvement retailer's stock valued at $3,253,952,000 after purchasing an additional 409,890 shares during the last quarter. Finally, Swiss National Bank increased its stake in shares of Home Depot by 0.3% in the third quarter. Swiss National Bank now owns 2,943,400 shares of the home improvement retailer's stock worth $1,192,666,000 after purchasing an additional 9,200 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently weighed in on HD. Telsey Advisory Group restated an "outperform" rating and set a $455.00 target price on shares of Home Depot in a research note on Wednesday, February 26th. HSBC upgraded Home Depot from a "reduce" rating to a "hold" rating and upped their price target for the stock from $356.00 to $410.00 in a report on Wednesday, February 26th. Stifel Nicolaus raised their price objective on shares of Home Depot from $375.00 to $400.00 and gave the stock a "hold" rating in a research note on Monday, November 11th. Wells Fargo & Company upped their target price on shares of Home Depot from $440.00 to $450.00 and gave the company an "overweight" rating in a research note on Thursday, February 13th. Finally, Guggenheim restated a "buy" rating and issued a $450.00 price target on shares of Home Depot in a research report on Wednesday, February 26th. Nine research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $436.50.

Home Depot Trading Up 0.5 %

Shares of Home Depot stock traded up $1.96 on Wednesday, hitting $383.64. 456,755 shares of the company's stock traded hands, compared to its average volume of 3,244,869. The company has a market capitalization of $381.09 billion, a price-to-earnings ratio of 26.05, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. The company has a fifty day moving average of $401.00 and a two-hundred day moving average of $399.71. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The Home Depot, Inc. has a one year low of $323.77 and a one year high of $439.37.

Home Depot (NYSE:HD - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The home improvement retailer reported $3.13 EPS for the quarter, beating analysts' consensus estimates of $3.04 by $0.09. The firm had revenue of $39.70 billion during the quarter, compared to analysts' expectations of $39.15 billion. Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The company's revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.82 earnings per share. As a group, sell-side analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a yield of 2.40%. This is an increase from Home Depot's previous quarterly dividend of $2.25. The ex-dividend date of this dividend is Thursday, March 13th. Home Depot's payout ratio is currently 61.66%.

About Home Depot

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.