Donaldson Capital Management LLC Buys 2,760 Shares of Home Depot, Inc. (The) (NYSE:HD)

Donaldson Capital Management LLC boosted its stake in Home Depot, Inc. (The) (NYSE:HD) by 1.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,459 shares of the home improvement retailer’s stock after purchasing an additional 2,760 shares during the period. Home Depot, Inc. (The) makes up about 2.6% of Donaldson Capital Management LLC’s investment portfolio, making the stock its 17th biggest holding. Donaldson Capital Management LLC’s holdings in Home Depot, Inc. (The) were worth $23,080,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. American Beacon Advisors Inc. acquired a new position in shares of Home Depot, Inc. (The) during the first quarter valued at approximately $100,000. Riggs Asset Managment Co. Inc. increased its stake in shares of Home Depot, Inc. (The) by 114.1% during the first quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock valued at $109,000 after acquiring an additional 397 shares during the period. St. Johns Investment Management Company LLC increased its stake in shares of Home Depot, Inc. (The) by 81.8% during the second quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock valued at $169,000 after acquiring an additional 495 shares during the period. Mascoma Wealth Management LLC increased its stake in shares of Home Depot, Inc. (The) by 0.6% during the second quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock valued at $175,000 after acquiring an additional 7 shares during the period. Finally, Peoples Financial Services CORP. boosted its holdings in Home Depot, Inc. (The) by 12.2% during the second quarter. Peoples Financial Services CORP. now owns 1,150 shares of the home improvement retailer’s stock worth $176,000 after buying an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 71.36% of the company’s stock.

A number of equities analysts recently commented on HD shares. Bank of America Corporation reaffirmed a “buy” rating and issued a $170.00 price objective on shares of Home Depot, Inc. (The) in a research note on Tuesday, September 5th. Vetr upgraded shares of Home Depot, Inc. (The) from a “buy” rating to a “strong-buy” rating and set a $166.59 price target on the stock in a report on Monday, August 28th. Zacks Investment Research downgraded shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Credit Suisse Group set a $171.00 target price on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Friday, October 13th. Finally, BidaskClub downgraded shares of Home Depot, Inc. (The) from a “hold” rating to a “sell” rating in a report on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. Home Depot, Inc. (The) has a consensus rating of “Buy” and an average price target of $174.50.

In other Home Depot, Inc. (The) news, EVP Matt Carey sold 32,000 shares of the stock in a transaction 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 $9,816,079.30. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the firm’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 transaction, the executive vice president now owns 33,147 shares of the company’s stock, valued at $4,984,977.33. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Donaldson Capital Management LLC Buys 2,760 Shares of Home Depot, Inc. (The) (NYSE:HD)” was originally published by Week Herald and is the property of of Week Herald. If you are viewing this news story on another site, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this news story can be viewed at https://weekherald.com/2017/11/15/donaldson-capital-management-llc-has-23-08-million-holdings-in-home-depot-inc-the-hd.html.

Home Depot, Inc. (NYSE HD) opened at $168.06 on Wednesday. Home Depot, Inc. has a fifty-two week low of $122.92 and a fifty-two week high of $168.14. The stock has a market cap of $194,917.56, a price-to-earnings ratio of 23.76, a price-to-earnings-growth ratio of 1.66 and a beta of 1.08. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.48 and a current ratio of 1.30.

Home Depot, Inc. (The) (NYSE:HD) last posted its quarterly earnings data on Tuesday, November 14th. The home improvement retailer reported $1.84 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $0.04. The company had revenue of $25.03 billion for the quarter, compared to analysts’ expectations of $24.53 billion. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. Home Depot, Inc. (The)’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.60 earnings per share. sell-side analysts anticipate that Home Depot, Inc. will post 7.33 earnings per share for the current fiscal year.

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.

Leave a Reply