The Home Depot, Inc. (NYSE:HD) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 7.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 709,443 shares of the home improvement retailer's stock after purchasing an additional 52,155 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.07% of Home Depot worth $275,966,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HD. Pegasus Asset Management Inc. grew its stake in shares of Home Depot by 1.8% in the third quarter. Pegasus Asset Management Inc. now owns 4,994 shares of the home improvement retailer's stock valued at $2,024,000 after buying an additional 86 shares in the last quarter. Pensionfund Sabic grew its stake in shares of Home Depot by 51.4% in the fourth quarter. Pensionfund Sabic now owns 11,200 shares of the home improvement retailer's stock valued at $4,357,000 after buying an additional 3,800 shares in the last quarter. Swedbank AB grew its stake in Home Depot by 17.1% during the 3rd quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer's stock worth $368,542,000 after purchasing an additional 132,967 shares in the last quarter. Wedmont Private Capital grew its stake in Home Depot by 12.5% during the 4th quarter. Wedmont Private Capital now owns 13,569 shares of the home improvement retailer's stock worth $5,291,000 after purchasing an additional 1,506 shares in the last quarter. Finally, Johnson & White Wealth Management LLC acquired a new position in Home Depot during the 4th quarter worth $1,793,000. Hedge funds and other institutional investors own 70.86% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on HD. Royal Bank of Canada boosted their target price on Home Depot from $363.00 to $413.00 and gave the stock a "sector perform" rating in a research note on Monday, November 11th. DA Davidson boosted their target price on Home Depot from $430.00 to $466.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. TD Cowen boosted their target price on Home Depot from $440.00 to $460.00 and gave the stock a "buy" rating in a research note on Monday, October 28th. Loop Capital raised Home Depot from a "hold" rating to a "buy" rating and boosted their target price for the stock from $360.00 to $460.00 in a research note on Wednesday, October 9th. Finally, Sanford C. Bernstein began coverage on Home Depot in a research note on Tuesday, October 22nd. They set a "market perform" rating and a $451.00 target price for the company. One analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-three have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $426.00.

Home Depot Stock Performance

HD traded down $2.64 on Friday, hitting $411.86. 2,761,013 shares of the company traded hands, compared to its average volume of 2,883,614. The company has a 50 day moving average of $407.86 and a 200-day moving average of $392.46. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. The stock has a market capitalization of $409.13 billion, a PE ratio of 27.98, a PEG ratio of 4.35 and a beta of 1.05. The Home Depot, Inc. has a 12-month low of $323.77 and a 12-month high of $439.37.

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

Home Depot Dividend Announcement

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

Insiders Place Their Bets

In related news, EVP Teresa Wynn Roseborough sold 22,084 shares of the company's stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $408.91, for a total value of $9,030,368.44. Following the sale, the executive vice president now owns 20,404 shares in the company, valued at $8,343,399.64. This represents a 51.98 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Timothy A. Hourigan sold 16,004 shares of the company's stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $409.52, for a total value of $6,553,958.08. Following the completion of the sale, the executive vice president now owns 77,475 shares in the company, valued at approximately $31,727,562. This represents a 17.12 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,188 shares of company stock worth $15,624,585. Company insiders own 0.10% of the company's stock.

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.