Home Depot Inc (NYSE:HD) Shares Purchased by Hayden Royal LLC

Hayden Royal LLC increased its position in shares of Home Depot Inc (NYSE:HD) by 17.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 4,211 shares of the home improvement retailer’s stock after acquiring an additional 638 shares during the quarter. Home Depot comprises approximately 1.0% of Hayden Royal LLC’s portfolio, making the stock its 28th biggest holding. Hayden Royal LLC’s holdings in Home Depot were worth $898,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund lifted its holdings in shares of Home Depot by 8,331.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,467,191 shares of the home improvement retailer’s stock valued at $125,000 after purchasing an additional 21,212,570 shares during the last quarter. Clearbridge Investments LLC boosted its position in Home Depot by 2.2% in the 1st quarter. Clearbridge Investments LLC now owns 7,199,871 shares of the home improvement retailer’s stock valued at $1,381,583,000 after buying an additional 158,174 shares during the last quarter. Janus Henderson Group PLC boosted its position in Home Depot by 2.4% in the 2nd quarter. Janus Henderson Group PLC now owns 5,536,321 shares of the home improvement retailer’s stock valued at $1,151,422,000 after buying an additional 127,532 shares during the last quarter. Fisher Asset Management LLC boosted its position in Home Depot by 2.9% in the 2nd quarter. Fisher Asset Management LLC now owns 4,854,657 shares of the home improvement retailer’s stock valued at $1,009,623,000 after buying an additional 138,011 shares during the last quarter. Finally, Thoroughbred Financial Services LLC boosted its position in Home Depot by 21,191.0% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 3,534,097 shares of the home improvement retailer’s stock valued at $353,410,000 after buying an additional 3,517,498 shares during the last quarter. 69.81% of the stock is currently owned by institutional investors.

A number of brokerages have commented on HD. Telsey Advisory Group reiterated a “market perform” rating and issued a $192.00 price objective on shares of Home Depot in a research report on Wednesday, May 1st. Gabelli lowered Home Depot from a “buy” rating to a “hold” rating in a research report on Tuesday, July 16th. They noted that the move was a valuation call. Robert W. Baird reiterated a “positive” rating on shares of Home Depot in a research report on Thursday, April 25th. Wedbush set a $190.00 price objective on Home Depot and gave the company a “hold” rating in a research report on Wednesday, May 22nd. Finally, Wells Fargo & Co increased their price objective on Home Depot from $215.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday. Ten research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $209.72.



HD stock traded down $1.23 during midday trading on Thursday, hitting $200.36. 1,778,873 shares of the company’s stock were exchanged, compared to its average volume of 2,942,126. The stock’s fifty day moving average is $212.22. The company has a market cap of $227.73 billion, a P/E ratio of 20.26, a PEG ratio of 1.91 and a beta of 1.12. Home Depot Inc has a one year low of $158.09 and a one year high of $219.30.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, May 21st. The home improvement retailer reported $2.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.17 by $0.10. The firm had revenue of $26.38 billion for the quarter, compared to analyst estimates of $26.34 billion. Home Depot had a negative return on equity of 6,597.69% and a net margin of 10.24%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.08 earnings per share. On average, equities analysts expect that Home Depot Inc will post 10.1 EPS for the current year.

In other Home Depot news, CFO Carol B. Tome sold 26,334 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $189.17, for a total transaction of $4,981,602.78. Following the transaction, the chief financial officer now owns 519,253 shares of the company’s stock, valued at $98,227,090.01. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Matt Carey sold 34,688 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $202.09, for a total value of $7,010,097.92. Following the transaction, the executive vice president now directly owns 81,982 shares in the company, valued at approximately $16,567,742.38. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,522 shares of company stock worth $16,156,831. Corporate insiders own 0.27% of the company’s stock.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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