Home Depot Inc (NYSE:HD) Shares Bought by TD Asset Management Inc.

TD Asset Management Inc. boosted its holdings in shares of Home Depot Inc (NYSE:HD) by 3.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 1,832,559 shares of the home improvement retailer’s stock after buying an additional 62,485 shares during the period. TD Asset Management Inc.’s holdings in Home Depot were worth $381,117,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in HD. Carroll Financial Associates Inc. grew its position in shares of Home Depot by 2.0% in the 2nd quarter. Carroll Financial Associates Inc. now owns 10,769 shares of the home improvement retailer’s stock valued at $2,239,000 after buying an additional 216 shares during the last quarter. First Trust Advisors LP grew its position in shares of Home Depot by 2.8% in the 1st quarter. First Trust Advisors LP now owns 435,297 shares of the home improvement retailer’s stock valued at $83,529,000 after buying an additional 11,951 shares during the last quarter. Nelson Roberts Investment Advisors LLC grew its position in shares of Home Depot by 1.2% in the 2nd quarter. Nelson Roberts Investment Advisors LLC now owns 39,393 shares of the home improvement retailer’s stock valued at $8,193,000 after buying an additional 475 shares during the last quarter. Tompkins Financial Corp grew its position in shares of Home Depot by 2.0% in the 2nd quarter. Tompkins Financial Corp now owns 28,030 shares of the home improvement retailer’s stock valued at $5,829,000 after buying an additional 553 shares during the last quarter. Finally, Truvestments Capital LLC grew its position in shares of Home Depot by 74.7% in the 2nd quarter. Truvestments Capital LLC now owns 1,647 shares of the home improvement retailer’s stock valued at $343,000 after buying an additional 704 shares during the last quarter. Institutional investors own 69.81% of the company’s stock.

Shares of HD stock traded up $1.62 during mid-day trading on Friday, hitting $203.41. The stock had a trading volume of 99,796 shares, compared to its average volume of 3,004,569. Home Depot Inc has a fifty-two week low of $158.09 and a fifty-two week high of $219.30. The firm has a market cap of $229.22 billion, a PE ratio of 20.56, a PEG ratio of 1.93 and a beta of 1.12. The company’s 50-day simple moving average is $212.09 and its 200-day simple moving average is $198.74.



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

In other news, EVP Matt Carey sold 34,688 shares of the firm’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $202.09, for a total value of $7,010,097.92. Following the completion of the sale, the executive vice president now owns 81,982 shares in the company, valued at approximately $16,567,742.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Timothy A. Hourigan sold 13,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $193.30, for a total transaction of $2,512,900.00. Following the completion of the sale, the executive vice president now owns 64,575 shares of the company’s stock, valued at approximately $12,482,347.50. The disclosure for this sale can be found here. Insiders sold a total of 82,522 shares of company stock valued at $16,156,831 in the last 90 days. Company insiders own 0.27% of the company’s stock.

HD has been the topic of a number of recent analyst reports. ValuEngine downgraded shares of Home Depot from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Zacks Investment Research raised shares of Home Depot from a “sell” rating to a “hold” rating in a research report on Thursday, May 23rd. Gabelli downgraded shares of 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. Royal Bank of Canada lowered their price objective on shares of Home Depot from $223.00 to $217.00 and set a “buy” rating on the stock in a research report on Tuesday, May 7th. Finally, Wells Fargo & Co raised their price objective on shares of Home Depot from $215.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday. Ten analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $209.72.

Home Depot Profile

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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