The Home Depot, Inc. (NYSE:HD) Stock Position Decreased by Householder Group Estate & Retirement Specialist LLC

Householder Group Estate & Retirement Specialist LLC lessened its holdings in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 63.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 984 shares of the home improvement retailer's stock after selling 1,676 shares during the quarter. Householder Group Estate & Retirement Specialist LLC's holdings in Home Depot were worth $382,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Walker Asset Management LLC boosted its holdings in Home Depot by 1.0% in the 4th quarter. Walker Asset Management LLC now owns 3,208 shares of the home improvement retailer's stock worth $1,248,000 after acquiring an additional 31 shares during the period. First National Bank of Mount Dora Trust Investment Services boosted its stake in shares of Home Depot by 0.5% in the fourth quarter. First National Bank of Mount Dora Trust Investment Services now owns 16,879 shares of the home improvement retailer's stock valued at $6,566,000 after purchasing an additional 82 shares during the period. Chemistry Wealth Management LLC grew its holdings in Home Depot by 3.6% during the 4th quarter. Chemistry Wealth Management LLC now owns 4,214 shares of the home improvement retailer's stock valued at $1,639,000 after purchasing an additional 148 shares in the last quarter. Relyea Zuckerberg Hanson LLC increased its stake in Home Depot by 80.3% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 6,945 shares of the home improvement retailer's stock worth $2,701,000 after buying an additional 3,093 shares during the period. Finally, Saxon Interests Inc. lifted its holdings in Home Depot by 7.5% in the 4th quarter. Saxon Interests Inc. now owns 6,334 shares of the home improvement retailer's stock worth $2,464,000 after buying an additional 443 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HD. DA Davidson lifted their target price on Home Depot from $430.00 to $466.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Wells Fargo & Company lifted their price objective on Home Depot from $400.00 to $430.00 and gave the stock an "overweight" rating in a report on Wednesday, November 6th. Oppenheimer increased their target price on Home Depot from $345.00 to $400.00 and gave the company a "market perform" rating in a research note on Tuesday, September 24th. TD Cowen lifted their price target on shares of Home Depot from $440.00 to $460.00 and gave the stock a "buy" rating in a research note on Monday, October 28th. Finally, Royal Bank of Canada increased their price objective on shares of Home Depot from $363.00 to $413.00 and gave the company a "sector perform" rating in a research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $426.00.

Insider Transactions at Home Depot

In other news, EVP Ann Marie Campbell sold 100 shares of the company's stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $402.58, for a total transaction of $40,258.00. Following the completion of the sale, the executive vice president now directly owns 12,465 shares of the company's stock, valued at $5,018,159.70. This represents a 0.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Teresa Wynn Roseborough sold 22,084 shares of Home Depot 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 completion of the transaction, the executive vice president now directly owns 20,404 shares in the company, valued at approximately $8,343,399.64. This trade represents a 51.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,188 shares of company stock valued at $15,624,585. Corporate insiders own 0.10% of the company's stock.

Home Depot Stock Performance

Home Depot stock traded up $0.09 during mid-day trading on Friday, hitting $409.42. 3,194,517 shares of the company's stock traded hands, compared to its average volume of 2,543,379. The Home Depot, Inc. has a one year low of $323.77 and a one year high of $439.37. The company has a market cap of $406.70 billion, a PE ratio of 27.81, a price-to-earnings-growth ratio of 4.11 and a beta of 1.05. The firm has a 50 day moving average price of $406.51 and a 200 day moving average price of $387.81. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

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

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend 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%.

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.