Greenleaf Trust Raises Position in Home Depot Inc (HD)

Share on StockTwits

Greenleaf Trust boosted its stake in Home Depot Inc (NYSE:HD) by 33.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,570 shares of the home improvement retailer’s stock after buying an additional 3,137 shares during the quarter. Greenleaf Trust’s holdings in Home Depot were worth $2,452,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HD. Summit Trail Advisors LLC lifted its stake in Home Depot by 17,627.8% in the 1st quarter. Summit Trail Advisors LLC now owns 2,233,171 shares of the home improvement retailer’s stock worth $2,233,000 after purchasing an additional 2,220,574 shares in the last quarter. Natixis lifted its stake in Home Depot by 153.0% in the 1st quarter. Natixis now owns 1,064,144 shares of the home improvement retailer’s stock worth $189,673,000 after purchasing an additional 643,600 shares in the last quarter. BlackRock Inc. lifted its stake in Home Depot by 0.8% in the 1st quarter. BlackRock Inc. now owns 72,237,480 shares of the home improvement retailer’s stock worth $12,875,610,000 after purchasing an additional 604,634 shares in the last quarter. Cornerstone Wealth Management LLC lifted its stake in Home Depot by 19,557.4% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 590,509 shares of the home improvement retailer’s stock worth $3,042,000 after purchasing an additional 587,505 shares in the last quarter. Finally, Mackay Shields LLC purchased a new position in Home Depot in the 1st quarter worth approximately $80,918,000. 69.11% of the stock is currently owned by institutional investors and hedge funds.

In related news, EVP William G. Lennie sold 10,854 shares of Home Depot stock in a transaction that occurred on Wednesday, August 22nd. The shares were sold at an average price of $201.64, for a total value of $2,188,600.56. Following the completion of the sale, the executive vice president now owns 40,057 shares in the company, valued at approximately $8,077,093.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Matt Carey sold 4,125 shares of Home Depot stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $195.43, for a total transaction of $806,148.75. Following the completion of the sale, the executive vice president now owns 60,179 shares of the company’s stock, valued at approximately $11,760,781.97. The disclosure for this sale can be found here. 0.25% of the stock is owned by company insiders.

Shares of NYSE HD opened at $179.85 on Friday. The company has a market cap of $211.86 billion, a PE ratio of 24.11, a PEG ratio of 1.46 and a beta of 1.11. The company has a debt-to-equity ratio of 11.60, a current ratio of 1.13 and a quick ratio of 0.37. Home Depot Inc has a 1 year low of $160.53 and a 1 year high of $215.43.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, August 14th. The home improvement retailer reported $3.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.84 by $0.21. The business had revenue of $30.46 billion during the quarter, compared to the consensus estimate of $30.04 billion. Home Depot had a net margin of 9.45% and a return on equity of 522.68%. The business’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 EPS. On average, sell-side analysts expect that Home Depot Inc will post 9.58 EPS for the current fiscal year.

A number of research firms have weighed in on HD. Wells Fargo & Co reissued a “buy” rating and issued a $230.00 target price on shares of Home Depot in a research note on Sunday, September 16th. Zacks Investment Research lowered shares of Home Depot from a “buy” rating to a “hold” rating in a research note on Wednesday, July 18th. Jefferies Financial Group began coverage on shares of Home Depot in a research note on Tuesday, August 21st. They issued a “buy” rating and a $228.00 target price on the stock. Citigroup raised their target price on shares of Home Depot from $205.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, August 10th. Finally, Loop Capital set a $200.00 target price on shares of Home Depot and gave the stock a “hold” rating in a research note on Wednesday, July 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nineteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $206.68.

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 d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

Recommended Story: Short Selling

Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Home Depot Inc (NYSE:HD).

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

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Horizonte Minerals  Hits New 1-Year Low at $0.03
Horizonte Minerals Hits New 1-Year Low at $0.03
Avivagen  Reaches New 12-Month Low at $0.42
Avivagen Reaches New 12-Month Low at $0.42
FrankyWillCoin  Price Reaches $0.0034 on Exchanges
FrankyWillCoin Price Reaches $0.0034 on Exchanges
Bitcoin Zero Price Tops $0.0239
Bitcoin Zero Price Tops $0.0239
Physicians Realty Trust  Expected to Post Quarterly Sales of $103.44 Million
Physicians Realty Trust Expected to Post Quarterly Sales of $103.44 Million
Analysts Set $17.55 Target Price for GreenTree Hospitality Group Ltd –
Analysts Set $17.55 Target Price for GreenTree Hospitality Group Ltd –


© 2006-2018 Ticker Report