Boulegeris Investments Inc decreased Home Depot Inc (HD) stake by 6.29% reported in 2016Q4 SEC filing. The firm owned 8,150 shares of the home improvement retailer's stock after selling 550 shares during the period. $1.95 million worth of Home Depot Inc (NYSE:HD) shares were bought by VADON MARK C. The First Commonwealth Financial Corp holds 5,459 shares with $732,000 value, down from 9,493 last quarter. Flagship Harbor Advisors LLC now owns 13,763 shares of the home improvement retailer's stock valued at $2,021,000 after buying an additional 2,372 shares in the last quarter. Cable Hill Partners LLC increased its position in Home Depot by 10.4% in the third quarter. Horrell Capital Management Inc. now owns 26,990 shares of the home improvement retailer's stock worth $3,473,000 after buying an additional 128 shares during the period. The Home Depot, Inc. has far performed well this year, with the share price up 16.83% since January. Kistler Tiffany Companies LLC increased its stake in shares of Home Depot by 18.5% in the first quarter. Newman Dignan & Sheerar Inc. now owns 3,622 shares of the home improvement retailer's stock valued at $532,000 after buying an additional 24 shares in the last quarter. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its position in Home Depot by 14,902.0% in the fourth quarter. Hedge funds and other institutional investors own 71.53% of the company's stock.
Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, May 16th.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 14.13%, and has a solid year to date (YTD) performance of 16.83% which means the stock is constantly adding to its value from the previous fiscal year end price. Home Depot has a one year low of $119.20 and a one year high of $160.86. Hl Financial Services Llc who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $186.94B market cap company. Home Depot had a return on equity of 123.29% and a net margin of 8.23%. The firm had revenue of $23.89 billion for the quarter, compared to analysts' expectations of $23.74 billion. During the same period in the previous year, the business earned $1.44 EPS.
While considering growth estimates of the company, it has next quarter growth estimates of 11.9% whereas during current quarter it has 12.2% estimations over growth, comparing to the estimations of 12.2% during current year and 13.1% for next year. Equities analysts forecast that Home Depot will post $7.24 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st will be given a $0.89 dividend. Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Home Depot's payout ratio is now 44.66%.
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Several research analysts have issued reports on the stock. RBC Capital Markets maintained it with "Outperform" rating and $15 target in Tuesday, May 10 report. Credit Suisse Group AG set a $163.00 price target on Home Depot and gave the company a "buy" rating in a report on Tuesday, May 2nd. Vetr raised Home Depot from a "hold" rating to a "buy" rating and set a $152.86 price target for the company in a report on Wednesday, March 8th.
Stifel reiterated a Buy rating and raised its price target from $165 to $178. Finally, Citigroup Inc reiterated a "buy" rating and issued a $179.00 price target (up from $168.00) on shares of Home Depot in a report on Wednesday. Budros Ruhlin Roe Incorporated has invested 0.09% in Home Depot Inc (NYSE:HD).