Dominguez Wealth Management Solutions Inc. Sells 30 Shares of The Home Depot, Inc. (NYSE:HD)

Dominguez Wealth Management Solutions Inc. decreased its position in shares of The Home Depot, Inc. (NYSE:HDFree Report) by 1.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,522 shares of the home improvement retailer’s stock after selling 30 shares during the period. Home Depot comprises 0.7% of Dominguez Wealth Management Solutions Inc.’s portfolio, making the stock its 29th biggest position. Dominguez Wealth Management Solutions Inc.’s holdings in Home Depot were worth $1,022,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Fairway Wealth LLC acquired a new stake in shares of Home Depot during the 2nd quarter worth approximately $25,000. Frank Rimerman Advisors LLC acquired a new stake in Home Depot during the 4th quarter worth $27,000. Kings Path Partners LLC bought a new stake in shares of Home Depot during the 2nd quarter valued at $33,000. A.P. Gilfoyle & Co. L.P. acquired a new position in shares of Home Depot in the 1st quarter valued at $38,000. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Home Depot during the fourth quarter worth $39,000. 70.86% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on HD shares. Oppenheimer upped their target price on shares of Home Depot from $345.00 to $400.00 and gave the company a “market perform” rating in a research note on Tuesday, September 24th. Gordon Haskett raised Home Depot from an “accumulate” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Wednesday. UBS Group raised their price target on Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, August 14th. Stifel Nicolaus cut their price objective on shares of Home Depot from $380.00 to $375.00 and set a “hold” rating on the stock in a research report on Wednesday, August 14th. Finally, Loop Capital boosted their target price on Home Depot from $330.00 to $360.00 and gave the company a “hold” rating in a research note on Tuesday, September 17th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and twenty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus price target of $396.23.

Check Out Our Latest Research Report on Home Depot

Home Depot Price Performance

Shares of NYSE HD opened at $411.56 on Friday. The stock has a market capitalization of $408.11 billion, a PE ratio of 27.60, a P/E/G ratio of 2.71 and a beta of 1.00. The Home Depot, Inc. has a fifty-two week low of $274.26 and a fifty-two week high of $412.97. The company has a debt-to-equity ratio of 11.74, a current ratio of 1.15 and a quick ratio of 0.33. The business has a fifty day moving average price of $372.30 and a two-hundred day moving average price of $356.14.

Home Depot (NYSE:HDGet Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The home improvement retailer reported $4.67 earnings per share for the quarter, topping the consensus estimate of $4.59 by $0.08. The business had revenue of $43.18 billion during the quarter, compared to analysts’ expectations of $42.57 billion. Home Depot had a net margin of 9.71% and a return on equity of 681.27%. Home Depot’s revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.65 earnings per share. As a group, equities analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, August 29th were paid a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 2.19%. The ex-dividend date was Thursday, August 29th. Home Depot’s payout ratio is 60.36%.

Home Depot Company Profile

(Free Report)

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.

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

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