The Home Depot, Inc. (NYSE:HD) Shares Acquired by WoodTrust Financial Corp

WoodTrust Financial Corp boosted its position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 6.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,723 shares of the home improvement retailer's stock after buying an additional 1,655 shares during the quarter. Home Depot makes up 1.6% of WoodTrust Financial Corp's holdings, making the stock its 18th biggest position. WoodTrust Financial Corp's holdings in Home Depot were worth $11,233,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings 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 purchasing an additional 8,762,735 shares in the last quarter. Wulff Hansen & CO. lifted its stake in Home Depot by 33,540.9% in the 2nd quarter. Wulff Hansen & CO. now owns 1,478,855 shares of the home improvement retailer's stock valued at $509,081,000 after buying an additional 1,474,459 shares in the last quarter. Alphinity Investment Management Pty Ltd acquired a new stake in Home Depot in the 1st quarter worth about $513,016,000. Price T Rowe Associates Inc. MD increased its stake in Home Depot by 15.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,437,805 shares of the home improvement retailer's stock worth $2,853,143,000 after buying an additional 971,833 shares in the last quarter. Finally, Swedbank AB acquired a new position in shares of Home Depot during the first quarter valued at approximately $301,364,000. Hedge funds and other institutional investors own 70.86% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on HD shares. Barclays boosted their price target on Home Depot from $372.00 to $420.00 and gave the stock an "overweight" rating in a research report on Tuesday. Evercore ISI dropped their target price on shares of Home Depot from $415.00 to $400.00 and set an "outperform" rating for the company in a report on Wednesday, August 14th. Guggenheim raised their price target on shares of Home Depot from $390.00 to $450.00 and gave the stock a "buy" rating in a research note on Friday, October 4th. Loop Capital raised shares of Home Depot from a "hold" rating to a "buy" rating and upped their price objective for the company from $360.00 to $460.00 in a research note on Wednesday, October 9th. Finally, DA Davidson increased their price objective on shares of Home Depot from $430.00 to $466.00 and gave the company a "buy" rating in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twenty-two have given a buy rating to the company's stock. Based on data from MarketBeat, Home Depot currently has a consensus rating of "Moderate Buy" and an average price target of $416.52.

Home Depot Trading Up 2.3 %

Shares of NYSE:HD traded up $8.87 during mid-day trading on Thursday, reaching $397.24. 1,602,361 shares of the company were exchanged, compared to its average volume of 3,357,170. The company has a debt-to-equity ratio of 11.74, a current ratio of 1.15 and a quick ratio of 0.33. The Home Depot, Inc. has a 1 year low of $286.79 and a 1 year high of $421.56. The firm has a market cap of $394.57 billion, a price-to-earnings ratio of 26.74, a P/E/G ratio of 2.74 and a beta of 1.01. The firm's 50-day simple moving average is $393.80 and its 200 day simple moving average is $363.10.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The home improvement retailer reported $4.67 EPS for the quarter, topping the consensus estimate of $4.59 by $0.08. The business had revenue of $43.18 billion during the quarter, compared to the consensus estimate of $42.57 billion. Home Depot had a net margin of 9.71% and a return on equity of 733.61%. The company's quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.65 earnings per share. Equities research analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, August 29th were paid a $2.25 dividend. The ex-dividend date of this dividend was Thursday, August 29th. This represents a $9.00 annualized dividend and a dividend yield of 2.27%. Home Depot's dividend payout ratio (DPR) is 60.57%.

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.