The Home Depot, Inc. (NYSE:HD) Shares Acquired by Mather Group LLC.

Mather Group LLC. boosted its holdings in The Home Depot, Inc. (NYSE:HD) by 19.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,759 shares of the home improvement retailer’s stock after purchasing an additional 2,540 shares during the quarter. Mather Group LLC.’s holdings in Home Depot were worth $5,461,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Keener Financial Planning LLC acquired a new stake in shares of Home Depot during the 4th quarter worth $31,000. PFG Private Wealth Management LLC increased its stake in Home Depot by 53.3% during the fourth quarter. PFG Private Wealth Management LLC now owns 92 shares of the home improvement retailer’s stock worth $32,000 after acquiring an additional 32 shares during the last quarter. Gilfoyle & Co LLC purchased a new position in shares of Home Depot in the 4th quarter worth about $35,000. Briaud Financial Planning Inc acquired a new position in shares of Home Depot in the 3rd quarter valued at about $41,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Home Depot during the 3rd quarter worth about $64,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Trading Up 0.5 %

Shares of NYSE HD opened at $336.80 on Tuesday. The company has a quick ratio of 0.40, a current ratio of 1.35 and a debt-to-equity ratio of 40.94. The stock’s 50 day moving average price is $364.25 and its two-hundred day moving average price is $341.58. The Home Depot, Inc. has a 52-week low of $274.26 and a 52-week high of $396.87. The stock has a market capitalization of $333.78 billion, a P/E ratio of 22.30, a PEG ratio of 2.23 and a beta of 0.98.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, February 20th. The home improvement retailer reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.77 by $0.05. Home Depot had a return on equity of 1,452.22% and a net margin of 9.92%. The business had revenue of $34.79 billion during the quarter, compared to the consensus estimate of $34.64 billion. During the same period in the previous year, the business earned $3.30 EPS. The business’s quarterly revenue was down 2.9% on a year-over-year basis. On average, analysts anticipate that The Home Depot, Inc. will post 15.37 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were given a $2.25 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.09. This represents a $9.00 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date was Wednesday, March 6th. Home Depot’s dividend payout ratio (DPR) is presently 59.60%.

Analyst Ratings Changes

Several research analysts recently commented on HD shares. Guggenheim restated a “buy” rating and issued a $390.00 price target on shares of Home Depot in a report on Friday, April 5th. The Goldman Sachs Group lifted their target price on shares of Home Depot from $347.00 to $393.00 and gave the company a “buy” rating in a report on Tuesday, February 13th. Robert W. Baird reiterated an “outperform” rating and issued a $370.00 price target on shares of Home Depot in a report on Wednesday, February 14th. Oppenheimer cut Home Depot from an “outperform” rating to a “market perform” rating in a research note on Monday, January 22nd. Finally, Citigroup increased their target price on Home Depot from $333.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and nineteen have issued a buy rating to the company. According to MarketBeat, Home Depot has an average rating of “Moderate Buy” and an average target price of $375.96.

Insider Activity

In related news, CEO Edward P. Decker sold 35,987 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $368.63, for a total transaction of $13,265,887.81. Following the sale, the chief executive officer now owns 107,731 shares in the company, valued at $39,712,878.53. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO Edward P. Decker sold 35,987 shares of the company’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $368.63, for a total transaction of $13,265,887.81. Following the completion of the transaction, the chief executive officer now directly owns 107,731 shares in the company, valued at approximately $39,712,878.53. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Timothy A. Hourigan sold 8,996 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $368.74, for a total value of $3,317,185.04. Following the completion of the sale, the executive vice president now directly owns 75,799 shares in the company, valued at $27,950,123.26. The disclosure for this sale can be found here. Company insiders own 0.10% of the company’s stock.

About Home Depot

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.