Astoria Portfolio Advisors LLC. Purchases 82 Shares of The Home Depot, Inc. (NYSE:HD)

Astoria Portfolio Advisors LLC. boosted its position in The Home Depot, Inc. (NYSE:HD) by 1.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,645 shares of the home improvement retailer’s stock after acquiring an additional 82 shares during the quarter. Home Depot accounts for 0.7% of Astoria Portfolio Advisors LLC.’s holdings, making the stock its 24th largest holding. Astoria Portfolio Advisors LLC.’s holdings in Home Depot were worth $1,782,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Capital Research Global Investors boosted its position in Home Depot by 7.2% in the fourth quarter. Capital Research Global Investors now owns 14,765,587 shares of the home improvement retailer’s stock valued at $5,117,016,000 after buying an additional 992,444 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Home Depot by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 13,217,777 shares of the home improvement retailer’s stock worth $4,540,197,000 after purchasing an additional 347,614 shares during the period. Norges Bank acquired a new position in shares of Home Depot during the fourth quarter worth $4,311,070,000. Fisher Asset Management LLC lifted its holdings in shares of Home Depot by 2.3% during the fourth quarter. Fisher Asset Management LLC now owns 8,802,085 shares of the home improvement retailer’s stock worth $3,050,363,000 after purchasing an additional 195,670 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Home Depot by 1.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,465,972 shares of the home improvement retailer’s stock worth $2,240,783,000 after purchasing an additional 82,672 shares during the period. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Trading Up 0.8 %

NYSE:HD opened at $344.24 on Friday. The Home Depot, Inc. has a one year low of $274.26 and a one year high of $396.87. The company has a debt-to-equity ratio of 23.11, a current ratio of 1.34 and a quick ratio of 0.42. The firm has a 50-day moving average of $338.51 and a 200-day moving average of $352.74. The company has a market cap of $341.35 billion, a PE ratio of 23.09, a PEG ratio of 2.36 and a beta of 1.00.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, May 14th. The home improvement retailer reported $3.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.61 by $0.02. Home Depot had a net margin of 9.79% and a return on equity of 1,056.67%. The business had revenue of $36.42 billion during the quarter, compared to the consensus estimate of $36.65 billion. During the same period in the prior year, the firm posted $3.82 EPS. The firm’s quarterly revenue was down 2.3% compared to the same quarter last year. As a group, equities research analysts expect that The Home Depot, Inc. will post 15.28 EPS for the current fiscal year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Thursday, May 30th were given a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date was Thursday, May 30th. Home Depot’s payout ratio is 60.36%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. UBS Group cut their price target on shares of Home Depot from $411.00 to $400.00 and set a “buy” rating on the stock in a report on Wednesday, May 15th. Mizuho assumed coverage on shares of Home Depot in a report on Tuesday, March 19th. They set a “buy” rating and a $415.00 price target on the stock. HSBC cut their price target on shares of Home Depot from $323.00 to $318.00 and set a “reduce” rating on the stock in a report on Wednesday, May 15th. Truist Financial dropped their target price on shares of Home Depot from $417.00 to $406.00 and set a “buy” rating on the stock in a report on Wednesday, May 15th. Finally, Bank of America boosted their target price on shares of Home Depot from $400.00 to $425.00 and gave the company a “buy” rating in a report on Monday, April 1st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty have given a buy rating to the company. According to MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $378.42.

Insiders Place Their Bets

In other Home Depot news, EVP Matt Carey sold 56,008 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $345.18, for a total value of $19,332,841.44. Following the completion of the sale, the executive vice president now directly owns 33,325 shares of the company’s stock, valued at approximately $11,503,123.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is currently owned by insiders.

Home Depot Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.