The Home Depot, Inc. (NYSE:HD) Shares Bought by Sapient Capital LLC

Sapient Capital LLC grew its stake in The Home Depot, Inc. (NYSE:HD - Free Report) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,999 shares of the home improvement retailer's stock after buying an additional 1,496 shares during the period. Sapient Capital LLC's holdings in Home Depot were worth $29,563,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HD. International Assets Investment Management LLC lifted its position in Home Depot by 51,250.1% during the third quarter. International Assets Investment Management LLC now owns 8,779,833 shares of the home improvement retailer's stock valued at $35,575,880,000 after buying an additional 8,762,735 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Home Depot in the third quarter valued at $336,231,000. FMR LLC raised its holdings in Home Depot by 10.1% in 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 in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its stake in Home Depot by 295.6% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 693,318 shares of the home improvement retailer's stock valued at $280,932,000 after purchasing an additional 518,054 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its stake in Home Depot by 37,025.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 480,780 shares of the home improvement retailer's stock valued at $187,019,000 after purchasing an additional 479,485 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company's stock.

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Insider Transactions at Home Depot

In other news, EVP Ann Marie Campbell sold 100 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $402.58, for a total value of $40,258.00. Following the completion of the transaction, the executive vice president now owns 12,465 shares of the company's stock, valued at approximately $5,018,159.70. This represents a 0.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Timothy A. Hourigan sold 16,004 shares of the firm's stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $409.52, for a total value of $6,553,958.08. Following the transaction, the executive vice president now directly owns 77,475 shares of the company's stock, valued at approximately $31,727,562. This trade represents a 17.12 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.10% of the company's stock.

Home Depot Stock Performance

Shares of HD traded down $2.96 during mid-day trading on Friday, hitting $409.47. The stock had a trading volume of 3,001,846 shares, compared to its average volume of 2,987,510. The firm has a market cap of $406.75 billion, a P/E ratio of 27.82, a PEG ratio of 4.22 and a beta of 1.05. The business has a fifty day moving average price of $404.49 and a 200-day moving average price of $395.91. 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 52 week low of $323.77 and a 52 week high of $439.37.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings data 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 company had revenue of $40.22 billion for the quarter, compared to analyst estimates of $39.31 billion. Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The firm's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company posted $3.81 EPS. On average, equities research analysts expect that The Home Depot, Inc. will post 15.12 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Barclays upped their price target on shares of Home Depot from $372.00 to $420.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. TD Cowen upped their price target on shares of Home Depot from $440.00 to $460.00 and gave the company a "buy" rating in a report on Monday, October 28th. Telsey Advisory Group raised shares of Home Depot from a "market perform" rating to an "outperform" rating and upped their price objective for the company from $360.00 to $455.00 in a research note on Friday, November 8th. Wells Fargo & Company upped their price objective on shares of Home Depot from $440.00 to $450.00 and gave the company an "overweight" rating in a research note on Thursday. Finally, Morgan Stanley upped their price objective on shares of Home Depot from $380.00 to $450.00 and gave the company an "overweight" rating in a research note on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $433.44.

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.