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The Home Depot, Inc. (NYSE: HD)
07 December 2017, 12:56 | Kelvin Horton
Jose Ulloa Jr. works in a Home Depot store
(NYSE:HD). Invsts Asset Mngmt Of Georgia Ga Adv accumulated 20,509 shares. Amalgamated Commercial Bank owns 141,806 shares.
Sales in the most recent quarter surged, thanks in part to rebuilding efforts after a pair of devastating hurricanes hit Texas and Florida, and wildfires consumed entire neighborhoods in the West. It increased, as 38 investors sold The Home Depot, Inc. shares while 632 reduced holdings. American Beacon Advisors Inc. acquired a new stake in shares of Home Depot during the first quarter valued at about $100,000. This buyback authorization permits the home improvement retailer to purchase shares of its stock through open market purchases. Mascoma Wealth Management LLC grew its position in Home Depot by 0.6% in the 2nd quarter. The company saw 6.22 million shares trade hands over the course of the day. Jennison Associates LLC increased its stake in Home Depot by 14.4% in the second quarter. Silicon Valley Capital Partners now owns 1,485 shares of the home improvement retailer's stock worth $228,000 after purchasing an additional 9 shares during the period. Finally, Citigroup Inc. reaffirmed a "buy" rating and set a $179.00 price objective on shares of Home Depot in a research report on Wednesday, August 16th. Advantus Management Incorporated has 120,655 shares.
In related news, EVP Matt Carey sold 32,000 shares of the business's stock in a transaction on Thursday, September 7th. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.26% of the company's stock.
The Home Depot, Inc (The Home Depot) is a home improvement retailer. (HD) share price fell -1.11% to $182.85 in the last trading session. The Home Depot Inc. has $195.0 highest and $106 lowest target. RBC Capital Markets maintained it with "Buy" rating and $179.0 target in Monday, October 30 report. The company has market cap of $213.52 billion. Hartline Investment Corp sold 2,630 shares as Home Depot Inc (HD)'s stock rose 9.30%. The home improvement retailer reported $1.84 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.81 by $0.03. The company had revenue of $25.03 billion for the quarter, compared to the consensus estimate of $24.53 billion. Home Depot had a net margin of 8.66% and a return on equity of 238.88%. The company's revenue for the quarter was up 4.9% on a year-over-year basis.
The ROA of The Home Depot, Inc.is now valued at 19.20% indicating how profitable the company is in regards to its total assets. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. The Consumer Services rally further compounded as the money flow clocked 3.18x with down tick of $12855.77mn leading to non-yielding $11784.19mn up ticks, however markets has seen a steady uptrend backed by $-985.43mn in block trades of which $3143.14mn saw bearish sentiment, while $2157.71 were positive movement Consumer Services sector is now negative by -0.62, and is still relatively encouraging. This represents a $3.56 annualized dividend and a yield of 2.04%. The ex-dividend date is Wednesday, November 29th. (NYSE:HD). Sfmg Ltd Liability has 0.1% invested in The Home Depot, Inc. The firm owned 73,511 shares of the home improvement retailer's stock after buying an additional 2,314 shares during the period. Home Depot now has a consensus rating of "Buy" and a consensus target price of $177.22.
Sell side analysts plays vital role in buying and selling a stock where 6 analysts rated The Home Depot, Inc.
Kellogg W K Foundation Trust holds 96.92% of its portfolio in Kellogg Company for 67.93 million shares. (NYSE:HD) earned "Buy" rating by Jefferies on Friday, July 21.
COPYRIGHT VIOLATION WARNING: "Renaissance Group LLC Sells 5,918 Shares of Home Depot, Inc". (NYSE:HD) news were published by: Fool.com which released: "Home Depot Inc". If you are reading this news story on another domain, it was illegally copied and reposted in violation of United States & worldwide trademark and copyright law. Home Depot's dividend payout ratio (DPR) is 49.44%.
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