home Latest News Home Depot Inc (HD) Shares Sold by Vontobel Swiss Wealth Advisors AG – Fairfield Current

Home Depot Inc (HD) Shares Sold by Vontobel Swiss Wealth Advisors AG – Fairfield Current

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Vontobel Swiss Wealth Advisors AG lessened its stake in Home Depot Inc (NYSE:HD) by 3.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,887 shares of the home improvement retailer’s stock after selling 363 shares during the quarter. Vontobel Swiss Wealth Advisors AG’s holdings in Home Depot were worth $1,835,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brown Advisory Inc. raised its stake in shares of Home Depot by 10.5% in the 3rd quarter. Brown Advisory Inc. now owns 587,255 shares of the home improvement retailer’s stock valued at $121,650,000 after acquiring an additional 55,800 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Home Depot by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,656,728 shares of the home improvement retailer’s stock valued at $757,481,000 after acquiring an additional 48,674 shares during the period. Quantbot Technologies LP raised its stake in shares of Home Depot by 102.8% in the 3rd quarter. Quantbot Technologies LP now owns 54,898 shares of the home improvement retailer’s stock valued at $11,372,000 after acquiring an additional 27,823 shares during the period. Greenwood Capital Associates LLC raised its stake in shares of Home Depot by 21.1% in the 3rd quarter. Greenwood Capital Associates LLC now owns 28,019 shares of the home improvement retailer’s stock valued at $5,805,000 after acquiring an additional 4,875 shares during the period. Finally, Virtu Financial LLC raised its stake in shares of Home Depot by 49.8% in the 3rd quarter. Virtu Financial LLC now owns 19,647 shares of the home improvement retailer’s stock valued at $4,070,000 after acquiring an additional 6,529 shares during the period. Institutional investors own 71.53% of the company’s stock.

Shares of NYSE HD traded up $1.68 during midday trading on Wednesday, hitting $187.20. The company’s stock had a trading volume of 1,026,995 shares, compared to its average volume of 4,365,722. Home Depot Inc has a 1-year low of $158.09 and a 1-year high of $215.43. The company has a debt-to-equity ratio of 17.68, a quick ratio of 0.28 and a current ratio of 1.09. The firm has a market capitalization of $211.58 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 1.40 and a beta of 1.10.

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

HD has been the topic of several analyst reports. Zacks Investment Research raised shares of Home Depot from a “hold” rating to a “buy” rating and set a $180.00 price target on the stock in a research note on Monday, December 31st. Morgan Stanley dropped their price target on shares of Home Depot from $225.00 to $200.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 23rd. Wells Fargo & Co dropped their price target on shares of Home Depot from $230.00 to $220.00 and set an “outperform” rating on the stock in a research note on Monday, October 22nd. Bank of America downgraded shares of Home Depot from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $219.00 to $195.00 in a research note on Friday, November 16th. Finally, Loop Capital dropped their price target on shares of Home Depot from $200.00 to $180.00 and set a “hold” rating on the stock in a research note on Tuesday, November 13th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $204.60.

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

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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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