AllSquare Wealth Management LLC Has $271,000 Stock Position in Home Depot Inc (NYSE:HD)

AllSquare Wealth Management LLC reduced its position in shares of Home Depot Inc (NYSE:HD) by 9.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,168 shares of the home improvement retailer’s stock after selling 125 shares during the period. AllSquare Wealth Management LLC’s holdings in Home Depot were worth $271,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in HD. Nuveen Asset Management LLC raised its position in Home Depot by 3,457.2% during the second quarter. Nuveen Asset Management LLC now owns 9,641,450 shares of the home improvement retailer’s stock valued at $2,005,132,000 after purchasing an additional 9,370,409 shares in the last quarter. Thoroughbred Financial Services LLC raised its position in Home Depot by 21,191.0% during the second quarter. Thoroughbred Financial Services LLC now owns 3,534,097 shares of the home improvement retailer’s stock valued at $353,410,000 after purchasing an additional 3,517,498 shares in the last quarter. Invesco Ltd. raised its position in Home Depot by 104.6% during the second quarter. Invesco Ltd. now owns 4,531,199 shares of the home improvement retailer’s stock valued at $942,353,000 after purchasing an additional 2,316,574 shares in the last quarter. Fisher Asset Management LLC raised its position in Home Depot by 26.4% during the third quarter. Fisher Asset Management LLC now owns 6,135,124 shares of the home improvement retailer’s stock valued at $1,423,472,000 after purchasing an additional 1,280,467 shares in the last quarter. Finally, AMF Pensionsforsakring AB acquired a new position in Home Depot during the second quarter valued at approximately $197,884,000. Institutional investors and hedge funds own 69.96% of the company’s stock.

Shares of Home Depot stock opened at $234.80 on Thursday. Home Depot Inc has a twelve month low of $158.09 and a twelve month high of $238.99. The stock has a market cap of $255.00 billion, a price-to-earnings ratio of 23.74, a P/E/G ratio of 2.31 and a beta of 1.04. The company’s fifty day moving average is $232.81 and its 200 day moving average is $215.22.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, August 20th. The home improvement retailer reported $3.17 earnings per share for the quarter, topping the consensus estimate of $3.07 by $0.10. Home Depot had a net margin of 10.18% and a negative return on equity of 1,179.69%. The company had revenue of $30.84 billion for the quarter, compared to analysts’ expectations of $30.98 billion. During the same quarter in the previous year, the firm posted $3.05 earnings per share. Home Depot’s revenue for the quarter was up 1.2% on a year-over-year basis. As a group, equities research analysts anticipate that Home Depot Inc will post 10.12 EPS for the current year.

Several research analysts have recently issued reports on the stock. Royal Bank of Canada upped their price target on shares of Home Depot from $229.00 to $233.00 and gave the stock an “outperform” rating in a report on Tuesday, August 20th. DZ Bank downgraded shares of Home Depot from a “hold” rating to a “sell” rating in a report on Thursday, September 19th. Loop Capital upped their price target on shares of Home Depot to $200.00 and gave the stock a “hold” rating in a report on Wednesday, August 21st. Nomura assumed coverage on shares of Home Depot in a report on Friday, November 8th. They set a “neutral” rating and a $240.00 price target for the company. Finally, Wells Fargo & Co upped their price target on shares of Home Depot from $250.00 to $260.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and fourteen have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $229.77.

In related news, EVP William G. Lennie sold 9,200 shares of the business’s stock in a transaction 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 sale, the executive vice president now owns 84,123 shares of the company’s stock, valued at $18,511,266.15. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Edward P. Decker sold 22,908 shares of the business’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $227.15, for a total transaction of $5,203,552.20. Following the completion of the sale, the executive vice president now directly owns 87,343 shares in the company, valued at approximately $19,839,962.45. The disclosure for this sale can be found here. In the last three months, insiders sold 177,508 shares of company stock worth $39,076,428. 0.27% of the stock is currently owned by insiders.

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.

See Also: Retained Earnings

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

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