Swiss National Bank Has $1.19 Billion Holdings in The Home Depot, Inc. (NYSE:HD)

Swiss National Bank raised its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 0.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,943,400 shares of the home improvement retailer's stock after buying an additional 9,200 shares during the period. Home Depot comprises approximately 0.8% of Swiss National Bank's investment portfolio, making the stock its 17th biggest holding. Swiss National Bank owned approximately 0.30% of Home Depot worth $1,192,666,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. International Assets Investment Management LLC boosted 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 worth $35,575,880,000 after purchasing an additional 8,762,735 shares during the period. Wulff Hansen & CO. boosted its holdings in shares of Home Depot by 33,540.9% during the 2nd quarter. Wulff Hansen & CO. now owns 1,478,855 shares of the home improvement retailer's stock worth $509,081,000 after buying an additional 1,474,459 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Home Depot by 15.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,437,805 shares of the home improvement retailer's stock valued at $2,853,143,000 after buying an additional 971,833 shares during the last quarter. Swedbank AB bought a new position in Home Depot in the 1st quarter valued at about $301,364,000. Finally, Sarasin & Partners LLP lifted its position in Home Depot by 95.2% during the second quarter. Sarasin & Partners LLP now owns 1,139,934 shares of the home improvement retailer's stock worth $392,411,000 after acquiring an additional 556,053 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Home Depot news, EVP Teresa Wynn Roseborough sold 22,084 shares of the firm's stock in a transaction that occurred on Thursday, November 14th. The shares were 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 owns 20,404 shares in the company, valued at approximately $8,343,399.64. This trade represents a 51.98 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on HD shares. DA Davidson upped their target price on Home Depot from $430.00 to $466.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Barclays increased their price objective on Home Depot from $372.00 to $420.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. Royal Bank of Canada lifted their target price on Home Depot from $363.00 to $413.00 and gave the stock a "sector perform" rating in a report on Monday, November 11th. Bank of America upped their price target on shares of Home Depot from $425.00 to $450.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Stifel Nicolaus lifted 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. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-three have given a buy rating to the stock. Based on data from MarketBeat.com, Home Depot currently has an average rating of "Moderate Buy" and a consensus target price of $426.00.

Home Depot Price Performance

Shares of NYSE HD traded up $2.46 during mid-day trading on Friday, hitting $408.18. 3,239,545 shares of the stock traded hands, compared to its average volume of 3,475,878. The company has a market cap of $405.44 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 2.84 and a beta of 1.01. The Home Depot, Inc. has a twelve month low of $302.34 and a twelve month high of $421.56. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.33. The firm has a 50 day simple moving average of $399.51 and a two-hundred day simple moving average of $366.81.

Home Depot (NYSE:HD - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The home improvement retailer reported $3.78 EPS for the quarter, beating analysts' consensus estimates of $3.64 by $0.14. The firm 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 business's revenue for the quarter was up 6.6% on a year-over-year basis. During the same period last year, the firm posted $3.81 earnings per share. As a group, equities research analysts forecast that The Home Depot, Inc. will post 15.12 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be issued a $2.25 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $9.00 dividend on an annualized basis and a yield of 2.20%. Home Depot's payout ratio is 61.14%.

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.