Chatham Capital Group Inc. Has $1.13 Million Stake in Home Depot Inc (NYSE:HD)

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Chatham Capital Group Inc. lowered its stake in shares of Home Depot Inc (NYSE:HD) by 1.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,051 shares of the home improvement retailer’s stock after selling 50 shares during the period. Chatham Capital Group Inc.’s holdings in Home Depot were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Home Depot by 6.7% during the second quarter. Vanguard Group Inc. now owns 91,547,627 shares of the home improvement retailer’s stock valued at $22,933,597,000 after purchasing an additional 5,714,595 shares during the period. FMR LLC raised its holdings in shares of Home Depot by 2.4% during the second quarter. FMR LLC now owns 19,084,248 shares of the home improvement retailer’s stock valued at $4,780,796,000 after purchasing an additional 441,321 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Home Depot by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 10,095,006 shares of the home improvement retailer’s stock valued at $2,528,899,000 after purchasing an additional 43,968 shares during the period. Morgan Stanley raised its holdings in shares of Home Depot by 2.4% during the first quarter. Morgan Stanley now owns 9,255,927 shares of the home improvement retailer’s stock valued at $1,728,173,000 after purchasing an additional 216,078 shares during the period. Finally, Fisher Asset Management LLC increased its position in shares of Home Depot by 3.0% during the second quarter. Fisher Asset Management LLC now owns 6,391,543 shares of the home improvement retailer’s stock worth $1,601,145,000 after acquiring an additional 183,830 shares in the last quarter. Hedge funds and other institutional investors own 69.00% of the company’s stock.

In related news, EVP Teresa Wynn Roseborough sold 41,947 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $279.83, for a total transaction of $11,738,029.01. Also, EVP Matt Carey sold 50,478 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $276.43, for a total transaction of $13,953,633.54. Following the completion of the sale, the executive vice president now owns 62,735 shares in the company, valued at $17,341,836.05. The disclosure for this sale can be found here. Insiders have sold a total of 119,304 shares of company stock worth $32,088,591 over the last 90 days. 0.26% of the stock is currently owned by corporate insiders.

Shares of Home Depot stock traded up $1.84 on Friday, reaching $283.00. 1,750,747 shares of the company traded hands, compared to its average volume of 4,899,439. Home Depot Inc has a 52 week low of $140.63 and a 52 week high of $292.95. The company has a 50 day moving average of $278.20 and a 200 day moving average of $254.81. The firm has a market capitalization of $304.64 billion, a PE ratio of 25.94, a PEG ratio of 2.36 and a beta of 1.09.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.02 EPS for the quarter, beating the Zacks’ consensus estimate of $3.20 by $0.82. The company had revenue of $38.05 billion for the quarter, compared to analysts’ expectations of $32.13 billion. Home Depot had a net margin of 9.91% and a negative return on equity of 583.91%. Home Depot’s revenue was up 23.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.17 EPS. Equities research analysts predict that Home Depot Inc will post 11.41 EPS for the current year.

Several research firms have recently commented on HD. Loop Capital boosted their target price on shares of Home Depot from $275.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Wedbush boosted their target price on shares of Home Depot from $270.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. Credit Suisse Group reissued a “buy” rating and set a $300.00 target price on shares of Home Depot in a research report on Monday, August 17th. BofA Securities boosted their target price on shares of Home Depot from $330.00 to $350.00 and gave the stock a “buy” rating in a research report on Tuesday, October 20th. Finally, Gordon Haskett raised shares of Home Depot from a “hold” rating to an “accumulate” rating and set a $306.00 target price for the company in a research report on Wednesday, August 12th. Eight research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $290.00.

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.

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

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