1,512 Shares in The Home Depot, Inc. (NYSE:HD) Purchased by Legacy Financial Group LLC

Legacy Financial Group LLC bought a new position in The Home Depot, Inc. (NYSE:HD - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,512 shares of the home improvement retailer's stock, valued at approximately $588,000.

A number of other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new stake in shares of Home Depot in the third quarter valued at approximately $41,000. Sugar Maple Asset Management LLC acquired a new position in Home Depot in the fourth quarter worth approximately $41,000. Livelsberger Financial Advisory acquired a new stake in shares of Home Depot during the 3rd quarter valued at $46,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Home Depot in the 2nd quarter worth $47,000. Finally, Quarry LP raised its holdings in Home Depot by 36.0% during the 2nd quarter. Quarry LP now owns 136 shares of the home improvement retailer's stock worth $47,000 after buying an additional 36 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Insider Activity at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 22,084 shares of the company's stock in a transaction 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 represents a 51.98 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ann Marie Campbell sold 100 shares of the firm's stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 12,465 shares of the company's stock, valued at approximately $5,018,159.70. This trade represents a 0.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 38,188 shares of company stock valued at $15,624,585. 0.10% of the stock is owned by corporate insiders.

Home Depot Trading Down 0.6 %

Shares of HD stock traded down $2.64 on Friday, hitting $411.86. The company had a trading volume of 2,761,013 shares, compared to its average volume of 2,883,614. The stock's 50-day moving average is $407.86 and its two-hundred day moving average is $392.46. The Home Depot, Inc. has a twelve month low of $323.77 and a twelve month high of $439.37. The firm has a market cap of $409.13 billion, a P/E ratio of 27.98, a P/E/G ratio of 4.35 and a beta of 1.05. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13.

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

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Wednesday, November 27th were issued a $2.25 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 2.19%. Home Depot's dividend payout ratio is presently 61.14%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Evercore ISI upped their target price on Home Depot from $420.00 to $430.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 13th. DA Davidson raised their target price on Home Depot from $430.00 to $466.00 and gave the company a "buy" rating in a report on Friday, October 25th. Sanford C. Bernstein assumed coverage on Home Depot in a report on Tuesday, October 22nd. They set a "market perform" rating and a $451.00 price target for the company. Stifel Nicolaus boosted their price target on Home Depot from $375.00 to $400.00 and gave the company a "hold" rating in a research note on Monday, November 11th. Finally, Telsey Advisory Group raised Home Depot from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $360.00 to $455.00 in a report on Friday, November 8th. One 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. Based on data from MarketBeat.com, Home Depot has an average rating of "Moderate Buy" and an average target price of $426.00.

Home Depot Company 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.