Busey Trust CO Purchases 37 Shares of Home Depot, Inc. (The) (HD)

Busey Trust CO increased its position in Home Depot, Inc. (The) (NYSE:HD) by 0.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 9,911 shares of the home improvement retailer’s stock after acquiring an additional 37 shares during the quarter. Busey Trust CO’s holdings in Home Depot, Inc. (The) were worth $1,520,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. State Street Corp increased its holdings in Home Depot, Inc. (The) by 0.7% in the 1st quarter. State Street Corp now owns 55,747,883 shares of the home improvement retailer’s stock worth $8,185,463,000 after acquiring an additional 396,271 shares during the last quarter. Fisher Asset Management LLC increased its holdings in Home Depot, Inc. (The) by 1.3% in the 1st quarter. Fisher Asset Management LLC now owns 8,649,798 shares of the home improvement retailer’s stock worth $1,270,050,000 after acquiring an additional 108,242 shares during the last quarter. Clearbridge Investments LLC increased its holdings in Home Depot, Inc. (The) by 1.8% in the 1st quarter. Clearbridge Investments LLC now owns 7,890,301 shares of the home improvement retailer’s stock worth $1,158,533,000 after acquiring an additional 140,221 shares during the last quarter. Schwab Charles Investment Management Inc. increased its holdings in Home Depot, Inc. (The) by 43.4% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 5,731,806 shares of the home improvement retailer’s stock worth $841,602,000 after acquiring an additional 1,734,963 shares during the last quarter. Finally, Jennison Associates LLC increased its holdings in Home Depot, Inc. (The) by 11.7% in the 1st quarter. Jennison Associates LLC now owns 5,304,624 shares of the home improvement retailer’s stock worth $778,878,000 after acquiring an additional 556,596 shares during the last quarter. 71.36% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “Busey Trust CO Purchases 37 Shares of Home Depot, Inc. (The) (HD)” was originally published by Markets Daily and is the property of of Markets Daily. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.themarketsdaily.com/2017/10/18/busey-trust-co-purchases-37-shares-of-home-depot-inc-the-hd.html.

In other news, EVP Matt Carey sold 32,000 shares of Home Depot, Inc. (The) stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $157.10, for a total value of $5,027,200.00. Following the completion of the transaction, the executive vice president now owns 62,483 shares in the company, valued at approximately $9,816,079.30. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. (The) stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $150.39, for a total value of $2,255,850.00. Following the completion of the transaction, the executive vice president now owns 33,147 shares of the company’s stock, valued at approximately $4,984,977.33. The disclosure for this sale can be found here. Insiders have sold a total of 57,717 shares of company stock valued at $8,916,321 in the last 90 days. 0.26% of the stock is currently owned by company insiders.

Shares of Home Depot, Inc. (HD) opened at 163.35 on Wednesday. The company has a market cap of $192.56 billion, a P/E ratio of 23.51 and a beta of 1.07. The company has a 50-day moving average price of $159.68 and a 200-day moving average price of $154.12. Home Depot, Inc. has a 52-week low of $119.20 and a 52-week high of $166.63.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.04. The business had revenue of $28.11 billion during the quarter, compared to analysts’ expectations of $27.84 billion. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.97 EPS. On average, equities analysts predict that Home Depot, Inc. will post $7.33 EPS for the current year.

HD has been the subject of several recent research reports. Bank of America Corporation reissued a “buy” rating and issued a $170.00 price objective on shares of Home Depot, Inc. (The) in a report on Tuesday, September 5th. Vetr raised Home Depot, Inc. (The) from a “buy” rating to a “strong-buy” rating and set a $166.59 price objective for the company in a report on Monday, August 28th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $152.00 target price on shares of Home Depot, Inc. (The) in a report on Wednesday, July 12th. Jefferies Group LLC reaffirmed a “buy” rating and set a $182.00 target price on shares of Home Depot, Inc. (The) in a report on Friday, June 23rd. Finally, Zacks Investment Research lowered Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $172.38.

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)

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

Latest News

Leave a Reply