1,291 Shares in Home Depot Inc (NYSE:HD) Bought by MACRO Consulting Group

MACRO Consulting Group purchased a new position in shares of Home Depot Inc (NYSE:HD) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,291 shares of the home improvement retailer’s stock, valued at approximately $299,000.

A number of other institutional investors have also modified their holdings of HD. Nuveen Asset Management LLC grew its position in Home Depot by 3,457.2% during the 2nd quarter. Nuveen Asset Management LLC now owns 9,641,450 shares of the home improvement retailer’s stock worth $2,005,132,000 after purchasing an additional 9,370,409 shares during the last quarter. Thoroughbred Financial Services LLC grew its position in Home Depot by 21,191.0% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 3,534,097 shares of the home improvement retailer’s stock worth $353,410,000 after purchasing an additional 3,517,498 shares during the last quarter. Invesco Ltd. grew its position in Home Depot by 104.6% during the 2nd quarter. Invesco Ltd. now owns 4,531,199 shares of the home improvement retailer’s stock worth $942,353,000 after purchasing an additional 2,316,574 shares during the last quarter. Fisher Asset Management LLC grew its position in Home Depot by 26.4% during the 3rd quarter. Fisher Asset Management LLC now owns 6,135,124 shares of the home improvement retailer’s stock worth $1,423,472,000 after purchasing an additional 1,280,467 shares during the last quarter. Finally, AMF Pensionsforsakring AB purchased a new position in Home Depot during the 2nd quarter worth $197,884,000. 69.96% of the stock is currently owned by institutional investors.

Shares of NYSE:HD traded up $1.68 during midday trading on Wednesday, hitting $234.80. The stock had a trading volume of 2,409,575 shares, compared to its average volume of 3,945,024. The company has a market capitalization of $255.00 billion, a PE ratio of 23.74, a P/E/G ratio of 2.31 and a beta of 1.04. Home Depot Inc has a 1 year low of $158.09 and a 1 year high of $238.99. The stock has a 50 day moving average price of $232.66 and a two-hundred day moving average price of $215.08.

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

HD has been the topic of several research reports. Loop Capital raised their price objective on shares of Home Depot to $200.00 and gave the stock a “hold” rating in a research report on Wednesday, August 21st. Wolfe Research initiated coverage on shares of Home Depot in a research report on Tuesday, October 8th. They set a “buy” rating and a $260.00 price objective on the stock. Oppenheimer raised their price objective on shares of Home Depot from $215.00 to $255.00 and gave the stock an “outperform” rating in a research report on Friday, October 4th. Wells Fargo & Co raised their price objective on shares of Home Depot from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Finally, Credit Suisse Group raised their price objective on shares of Home Depot from $213.00 to $225.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $229.77.

In other Home Depot news, EVP Edward P. Decker sold 22,908 shares of Home Depot stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $227.15, for a total transaction of $5,203,552.20. Following the completion of the transaction, the executive vice president now owns 87,343 shares in the company, valued at $19,839,962.45. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Carol B. Tome sold 145,400 shares of Home Depot stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $219.04, for a total transaction of $31,848,416.00. Following the transaction, the chief financial officer now 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 90 days, insiders have sold 177,508 shares of company stock valued at $39,076,428. 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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