Nomura Holdings Inc. Raises Position in Home Depot Inc (NYSE:HD)

Nomura Holdings Inc. grew its position in Home Depot Inc (NYSE:HD) by 1,041.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 673,750 shares of the home improvement retailer’s stock after acquiring an additional 614,724 shares during the period. Home Depot comprises 0.6% of Nomura Holdings Inc.’s portfolio, making the stock its 20th largest holding. Nomura Holdings Inc. owned 0.06% of Home Depot worth $141,496,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Haverford Trust Co. boosted its holdings in Home Depot by 48.3% during the second quarter. Haverford Trust Co. now owns 85,280 shares of the home improvement retailer’s stock worth $17,736,000 after buying an additional 27,760 shares in the last quarter. Carroll Financial Associates Inc. boosted its holdings in Home Depot by 2.0% during the second quarter. Carroll Financial Associates Inc. now owns 10,769 shares of the home improvement retailer’s stock worth $2,239,000 after buying an additional 216 shares in the last quarter. Berkeley Capital Partners LLC boosted its holdings in Home Depot by 22.0% during the second quarter. Berkeley Capital Partners LLC now owns 5,521 shares of the home improvement retailer’s stock worth $1,148,000 after buying an additional 996 shares in the last quarter. BB&T Securities LLC boosted its holdings in Home Depot by 3.8% during the second quarter. BB&T Securities LLC now owns 257,070 shares of the home improvement retailer’s stock worth $53,462,000 after buying an additional 9,329 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in Home Depot by 2.8% during the first quarter. First Trust Advisors LP now owns 435,297 shares of the home improvement retailer’s stock worth $83,529,000 after buying an additional 11,951 shares in the last quarter. 69.92% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:HD traded down $0.68 during trading on Friday, reaching $227.45. The stock had a trading volume of 3,636,755 shares, compared to its average volume of 3,845,533. The business has a fifty day moving average price of $219.25 and a 200-day moving average price of $204.68. The stock has a market cap of $252.12 billion, a P/E ratio of 23.00, a PEG ratio of 2.13 and a beta of 1.05. Home Depot Inc has a fifty-two week low of $158.09 and a fifty-two week high of $235.49.



Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, August 20th. The home improvement retailer reported $3.17 earnings per share for the quarter, beating analysts’ consensus estimates of $3.07 by $0.10. The business had revenue of $30.84 billion during the quarter, compared to analyst estimates of $30.98 billion. Home Depot had a net margin of 10.18% and a negative return on equity of 1,179.69%. The company’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.05 earnings per share. Equities analysts anticipate that Home Depot Inc will post 10.11 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date was Wednesday, September 4th. Home Depot’s dividend payout ratio is presently 55.01%.

Several brokerages have issued reports on HD. Goldman Sachs Group began coverage on shares of Home Depot in a report on Thursday, July 11th. They issued a “buy” rating and a $235.00 price target on the stock. Loop Capital upped their price target on shares of Home Depot to $200.00 and gave the company a “hold” rating in a report on Wednesday, August 21st. Stifel Nicolaus upped their price target on shares of Home Depot to $230.00 and gave the company a “buy” rating in a report on Monday, August 12th. Citigroup upped their price target on shares of Home Depot from $246.00 to $269.00 and gave the company a “buy” rating in a report on Friday, September 13th. Finally, ValuEngine raised shares of Home Depot from a “hold” rating to a “buy” rating in a report on Friday, September 6th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $221.39.

In other news, EVP William G. Lennie sold 9,200 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $220.05, for a total value of $2,024,460.00. Following the completion of the transaction, the executive vice president now owns 84,123 shares of the company’s stock, valued at $18,511,266.15. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Carol B. Tome sold 145,400 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $219.04, for a total transaction of $31,848,416.00. Following the completion of the transaction, the chief financial officer now directly owns 496,374 shares of the company’s stock, valued at approximately $108,725,760.96. The disclosure for this sale can be found here. In the last three months, insiders sold 177,508 shares of company stock valued at $39,076,428. Company insiders own 0.27% of the company’s stock.

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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