Home Depot Inc (HD) Position Raised by Ativo Capital Management LLC

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Ativo Capital Management LLC increased its holdings in Home Depot Inc (NYSE:HD) by 129.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,243 shares of the home improvement retailer’s stock after buying an additional 6,348 shares during the period. Ativo Capital Management LLC’s holdings in Home Depot were worth $2,329,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Amussen Hunsaker Associates LLC bought a new position in shares of Home Depot during the second quarter valued at about $107,000. CSat Investment Advisory L.P. bought a new position in shares of Home Depot during the second quarter valued at about $112,000. Mainstay Capital Management LLC ADV grew its stake in shares of Home Depot by 203.0% during the second quarter. Mainstay Capital Management LLC ADV now owns 597 shares of the home improvement retailer’s stock valued at $116,000 after buying an additional 400 shares during the last quarter. RPg Family Wealth Advisory LLC grew its stake in shares of Home Depot by 84.6% during the second quarter. RPg Family Wealth Advisory LLC now owns 600 shares of the home improvement retailer’s stock valued at $117,000 after buying an additional 275 shares during the last quarter. Finally, Fort L.P. bought a new position in shares of Home Depot during the second quarter valued at about $120,000. Institutional investors own 71.53% of the company’s stock.

NYSE HD opened at $188.41 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.28 and a debt-to-equity ratio of 17.68. The stock has a market capitalization of $211.58 billion, a P/E ratio of 25.26, a price-to-earnings-growth ratio of 1.40 and a beta of 1.10. Home Depot Inc has a 1 year low of $158.09 and a 1 year high of $215.43.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, November 13th. The home improvement retailer reported $2.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.27 by $0.24. The company had revenue of $26.30 billion for the quarter, compared to analysts’ expectations of $26.23 billion. Home Depot had a return on equity of 664.88% and a net margin of 10.00%. Home Depot’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the firm earned $1.84 earnings per share. As a group, analysts anticipate that Home Depot Inc will post 9.8 EPS for the current fiscal year.

In other Home Depot news, EVP Teresa Wynn Roseborough sold 7,203 shares of the firm’s stock in a transaction dated Friday, December 7th. The shares were sold at an average price of $177.45, for a total value of $1,278,172.35. Following the completion of the sale, the executive vice president now directly owns 23,109 shares in the company, valued at $4,100,692.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ann Marie Campbell sold 13,457 shares of the firm’s stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $172.64, for a total transaction of $2,323,216.48. Following the completion of the sale, the executive vice president now owns 56,198 shares of the company’s stock, valued at $9,702,022.72. The disclosure for this sale can be found here. 0.25% of the stock is owned by company insiders.

HD has been the topic of a number of recent research reports. Deutsche Bank reduced their price objective on Home Depot from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, November 14th. Citigroup reduced their price objective on Home Depot from $227.00 to $226.00 and set a “buy” rating on the stock in a research note on Wednesday, November 14th. UBS Group reduced their price objective on Home Depot from $225.00 to $220.00 and set a “buy” rating on the stock in a research note on Wednesday, November 14th. Zacks Investment Research raised Home Depot from a “hold” rating to a “buy” rating and set a $180.00 price objective on the stock in a research note on Monday, December 31st. Finally, Edward Jones raised Home Depot from a “hold” rating to a “buy” rating in a research note on Wednesday. Eight investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $204.60.

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About Home Depot

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 décor 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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