Security National Bank of Sioux City Iowa IA Sells 332 Shares of Home Depot, Inc. (The) (HD)

Security National Bank of Sioux City Iowa IA lowered its holdings in Home Depot, Inc. (The) (NYSE:HD) by 3.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,706 shares of the home improvement retailer’s stock after selling 332 shares during the period. Security National Bank of Sioux City Iowa IA’s holdings in Home Depot, Inc. (The) were worth $1,278,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Karp Capital Management Corp acquired a new stake in shares of Home Depot, Inc. (The) in the first quarter worth $99,739,000. Baystate Wealth Management LLC increased its position in shares of Home Depot, Inc. (The) by 155.7% in the first quarter. Baystate Wealth Management LLC now owns 3,007 shares of the home improvement retailer’s stock worth $441,000 after acquiring an additional 1,831 shares in the last quarter. Paragon Wealth Strategies LLC increased its position in shares of Home Depot, Inc. (The) by 18.7% in the first quarter. Paragon Wealth Strategies LLC now owns 1,818 shares of the home improvement retailer’s stock worth $267,000 after acquiring an additional 286 shares in the last quarter. Comerica Securities Inc. increased its position in shares of Home Depot, Inc. (The) by 111.7% in the first quarter. Comerica Securities Inc. now owns 9,800 shares of the home improvement retailer’s stock worth $1,439,000 after acquiring an additional 5,170 shares in the last quarter. Finally, CIBC World Markets Inc. increased its position in shares of Home Depot, Inc. (The) by 143.0% in the first quarter. CIBC World Markets Inc. now owns 506,446 shares of the home improvement retailer’s stock worth $74,361,000 after acquiring an additional 298,027 shares in the last quarter. 71.45% of the stock is owned by institutional investors.

HD has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating and issued a $176.00 price objective on shares of Home Depot, Inc. (The) in a research report on Friday, June 16th. Robert W. Baird set a $175.00 price objective on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday, May 17th. Zacks Investment Research lowered shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday. Vetr lowered shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price objective for the company. in a research report on Monday, June 19th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $182.00 price objective on shares of Home Depot, Inc. (The) in a research report on Thursday, August 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Home Depot, Inc. (The) has an average rating of “Buy” and an average price target of $169.86.

In other news, EVP Teresa Wynn Roseborough sold 15,000 shares of the business’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $150.39, for a total value of $2,255,850.00. Following the sale, the executive vice president now owns 33,147 shares in the company, valued at approximately $4,984,977.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Matt Carey sold 32,000 shares of the business’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the completion of the sale, the executive vice president now owns 62,483 shares in the company, valued at approximately $9,816,079.30. The disclosure for this sale can be found here. Insiders have sold 57,717 shares of company stock worth $8,916,321 in the last quarter. Corporate insiders own 0.26% of the company’s stock.

Home Depot, Inc. (NYSE HD) traded up 1.21% on Tuesday, hitting $160.28. 2,971,652 shares of the stock were exchanged. The company’s 50 day moving average is $151.09 and its 200 day moving average is $151.46. Home Depot, Inc. has a 1-year low of $119.20 and a 1-year high of $160.86. The stock has a market cap of $188.94 billion, a PE ratio of 23.07 and a beta of 1.07.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The firm had revenue of $28.11 billion for the quarter, compared to the consensus estimate of $27.84 billion. During the same quarter in the previous year, the company earned $1.97 earnings per share. The business’s revenue was up 6.2% compared to the same quarter last year. On average, equities research analysts expect that Home Depot, Inc. will post $7.32 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.89 per share. The ex-dividend date is Tuesday, August 29th. This represents a $3.56 dividend on an annualized basis and a yield of 2.25%. Home Depot, Inc. (The)’s dividend payout ratio is currently 51.15%.

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Home Depot, Inc. (The) Profile

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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