The Home Depot, Inc. (NYSE:HD) Position Increased by Consilio Wealth Advisors LLC

Consilio Wealth Advisors LLC increased its position in shares of The Home Depot, Inc. (NYSE:HD) by 22.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 855 shares of the home improvement retailer’s stock after acquiring an additional 157 shares during the period. Consilio Wealth Advisors LLC’s holdings in Home Depot were worth $328,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of HD. Silvia Mccoll Wealth Management LLC increased its stake in shares of Home Depot by 5.6% in the first quarter. Silvia Mccoll Wealth Management LLC now owns 1,682 shares of the home improvement retailer’s stock worth $590,000 after purchasing an additional 89 shares during the period. Claro Advisors LLC grew its position in Home Depot by 5.2% during the first quarter. Claro Advisors LLC now owns 12,205 shares of the home improvement retailer’s stock worth $4,682,000 after buying an additional 604 shares in the last quarter. Talbot Financial LLC grew its position in Home Depot by 1.5% during the first quarter. Talbot Financial LLC now owns 38,461 shares of the home improvement retailer’s stock worth $14,753,000 after buying an additional 560 shares in the last quarter. Miracle Mile Advisors LLC grew its position in Home Depot by 4.0% during the first quarter. Miracle Mile Advisors LLC now owns 21,336 shares of the home improvement retailer’s stock worth $8,185,000 after buying an additional 826 shares in the last quarter. Finally, Little House Capital LLC grew its position in Home Depot by 0.9% during the first quarter. Little House Capital LLC now owns 6,561 shares of the home improvement retailer’s stock worth $2,517,000 after buying an additional 57 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Home Depot

In other news, EVP Matt Carey sold 56,008 shares of the business’s stock in a transaction on 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 transaction, the executive vice president now owns 33,325 shares of the company’s stock, valued at approximately $11,503,123.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. TD Cowen decreased their price objective on Home Depot from $440.00 to $420.00 and set a “buy” rating on the stock in a report on Wednesday, May 15th. Raymond James reaffirmed a “market perform” rating on shares of Home Depot in a report on Wednesday, May 15th. Guggenheim reaffirmed a “buy” rating and set a $390.00 price objective on shares of Home Depot in a report on Friday, April 5th. Evercore ISI lifted their price objective on Home Depot from $415.00 to $420.00 and gave the company an “outperform” rating in a report on Tuesday, May 14th. Finally, StockNews.com downgraded Home Depot from a “buy” rating to a “hold” rating in a report on Saturday, May 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $378.42.

Home Depot Stock Performance

Shares of Home Depot stock opened at $336.19 on Tuesday. The firm has a fifty day moving average of $338.51 and a two-hundred day moving average of $352.80. The stock has a market capitalization of $333.37 billion, a price-to-earnings ratio of 22.55, a PEG ratio of 2.38 and a beta of 0.99. The Home Depot, Inc. has a 52 week low of $274.26 and a 52 week high of $396.87. The company has a debt-to-equity ratio of 23.11, a quick ratio of 0.42 and a current ratio of 1.34.

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

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Thursday, May 30th were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend was Thursday, May 30th. Home Depot’s payout ratio is 60.36%.

Home Depot Company 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.