Campbell Wealth Management Buys 54 Shares of Home Depot Inc (NYSE:HD)

Campbell Wealth Management raised its stake in Home Depot Inc (NYSE:HD) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,528 shares of the home improvement retailer’s stock after buying an additional 54 shares during the quarter. Campbell Wealth Management’s holdings in Home Depot were worth $334,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in HD. Eagle Capital Management LLC grew its stake in Home Depot by 0.6% during the 2nd quarter. Eagle Capital Management LLC now owns 19,750 shares of the home improvement retailer’s stock worth $4,107,000 after buying an additional 112 shares during the last quarter. Arjuna Capital grew its stake in Home Depot by 25.8% during the 2nd quarter. Arjuna Capital now owns 13,434 shares of the home improvement retailer’s stock worth $2,794,000 after buying an additional 2,755 shares during the last quarter. Schroder Investment Management Group grew its stake in Home Depot by 1.2% during the 2nd quarter. Schroder Investment Management Group now owns 2,326,454 shares of the home improvement retailer’s stock worth $483,832,000 after buying an additional 26,783 shares during the last quarter. Pictet Asset Management Ltd. grew its stake in Home Depot by 84.7% during the 2nd quarter. Pictet Asset Management Ltd. now owns 1,058,568 shares of the home improvement retailer’s stock worth $220,150,000 after buying an additional 485,416 shares during the last quarter. Finally, Circle Wealth Management LLC grew its stake in Home Depot by 41.1% during the 2nd quarter. Circle Wealth Management LLC now owns 2,206 shares of the home improvement retailer’s stock worth $459,000 after buying an additional 643 shares during the last quarter. 69.87% of the stock is currently owned by hedge funds and other institutional investors.

NYSE HD opened at $224.59 on Thursday. Home Depot Inc has a 1-year low of $172.00 and a 1-year high of $239.31. The company has a market capitalization of $243.05 billion, a P/E ratio of 22.71, a PEG ratio of 1.97 and a beta of 1.00. The business has a 50 day moving average price of $218.89 and a 200 day moving average price of $222.23.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, November 19th. The home improvement retailer reported $2.53 earnings per share for the quarter, meeting the consensus estimate of $2.53. Home Depot had a negative return on equity of 721.00% and a net margin of 10.01%. The firm had revenue of $27.22 billion during the quarter, compared to the consensus estimate of $27.51 billion. During the same period last year, the business posted $2.51 EPS. Home Depot’s quarterly revenue was up 3.5% on a year-over-year basis. Equities research analysts anticipate that Home Depot Inc will post 10.08 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.42%. The ex-dividend date was Wednesday, December 4th. Home Depot’s payout ratio is 55.01%.

A number of research analysts recently issued reports on HD shares. Robert W. Baird raised their price target on Home Depot from $230.00 to $245.00 and gave the stock an “accumulate” rating in a research note on Tuesday, November 19th. Gordon Haskett downgraded Home Depot from a “buy” rating to an “accumulate” rating and set a $230.00 price target on the stock. in a research note on Thursday, December 12th. Credit Suisse Group upgraded Home Depot from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $225.00 to $235.00 in a research note on Thursday, December 12th. Wells Fargo & Co restated a “buy” rating and set a $260.00 price target on shares of Home Depot in a research note on Tuesday, November 19th. Finally, Nomura decreased their price objective on Home Depot from $237.00 to $224.00 and set a “neutral” rating for the company in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $237.31.

In other Home Depot news, EVP Teresa Wynn Roseborough sold 12,974 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $213.70, for a total transaction of $2,772,543.80. Following the completion of the transaction, the executive vice president now owns 26,335 shares of the company’s stock, valued at $5,627,789.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Craig A. Menear sold 113,468 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $211.24, for a total value of $23,968,980.32. Following the transaction, the chief executive officer now directly owns 277,604 shares of the company’s stock, valued at approximately $58,641,068.96. The disclosure for this sale can be found here. Insiders have sold 126,552 shares of company stock valued at $26,765,281 in the last three months. 0.27% of the stock is currently owned by company insiders.

Home Depot Company 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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