LGT Group Basis trimmed its holdings in shares of The Residence Depot, Inc. (NYSE:HD – Get Ranking) by 14.9% within the third quarter, in accordance with the corporate in its most up-to-date Type 13F submitting with the Securities and Trade Fee. The fund owned 142,750 shares of the house enchancment retailer’s inventory after promoting 24,920 shares through the quarter. Residence Depot accounts for roughly 1.5% of LGT Group Basis’s funding portfolio, making the inventory its twelfth largest holding. LGT Group Basis’s holdings in Residence Depot have been value $39,390,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers and hedge funds have additionally made adjustments to their positions within the enterprise. Grayhawk Funding Methods Inc. purchased a brand new stake in shares of Residence Depot within the second quarter valued at about $28,000. Mizuho Securities Co. Ltd. raised its holdings in shares of Residence Depot by 119.5% within the second quarter. Mizuho Securities Co. Ltd. now owns 90 shares of the house enchancment retailer’s inventory valued at $37,000 after buying a further 49 shares within the final quarter. Fairfield Bush & CO. purchased a brand new stake in shares of Residence Depot within the first quarter valued at about $27,000. Klaas Monetary Asset Advisors LLC purchased a brand new stake in shares of Residence Depot within the third quarter valued at about $41,000. Lastly, Goodman Advisory Group LLC purchased a brand new stake in shares of Residence Depot within the second quarter valued at about $48,000. 68.31% of the inventory is presently owned by institutional buyers.
Insider Exercise at Residence Depot
In associated information, EVP Fahim Siddiqui offered 2,000 shares of the inventory in a transaction on Thursday, November seventeenth. The inventory was offered at a mean worth of $311.29, for a complete worth of $622,580.00. Following the completion of the transaction, the chief vice chairman now immediately owns 3,928 shares of the corporate’s inventory, valued at roughly $1,222,747.12. The transaction was disclosed in a submitting with the SEC, which may be accessed by way of the SEC web site. In different information, Director Paula Santilli acquired 1,583 shares of Residence Depot inventory in a transaction that occurred on Wednesday, November sixteenth. The inventory was bought at a mean price of $315.80 per share, with a complete worth of $499,911.40. Following the acquisition, the director now owns 1,583 shares within the firm, valued at $499,911.40. The acquisition was disclosed in a authorized submitting with the Securities & Trade Fee, which is obtainable by way of this hyperlink. Additionally, EVP Fahim Siddiqui offered 2,000 shares of the inventory in a transaction on Thursday, November seventeenth. The shares have been offered at a mean worth of $311.29, for a complete worth of $622,580.00. Following the completion of the transaction, the chief vice chairman now immediately owns 3,928 shares of the corporate’s inventory, valued at $1,222,747.12. The disclosure for this sale may be discovered right here. 0.17% of the inventory is owned by company insiders.
Residence Depot Buying and selling Up 1.5 %
Shares of HD inventory opened at $320.41 on Friday. The corporate has a debt-to-equity ratio of 32.16, a present ratio of 1.39 and a fast ratio of 0.33. The corporate has a market cap of $328.01 billion, a price-to-earnings ratio of 19.31, a PEG ratio of 1.71 and a beta of 0.96. The inventory has a 50 day easy shifting common of $311.24 and a 200-day easy shifting common of $297.45. The Residence Depot, Inc. has a 1-year low of $264.51 and a 1-year excessive of $417.84.
Residence Depot (NYSE:HD – Get Ranking) final introduced its earnings outcomes on Tuesday, November fifteenth. The house enchancment retailer reported $4.24 earnings per share for the quarter, topping the consensus estimate of $4.11 by $0.13. The enterprise had income of $38.87 billion through the quarter, in comparison with the consensus estimate of $37.96 billion. Residence Depot had a damaging return on fairness of three,656.69% and a internet margin of 10.87%. The enterprise’s quarterly income was up 5.6% on a year-over-year foundation. Throughout the identical interval within the prior yr, the corporate posted $3.92 EPS. On common, equities analysis analysts count on that The Residence Depot, Inc. will publish 16.64 EPS for the present fiscal yr.
Residence Depot Broadcasts Dividend
The agency additionally lately introduced a quarterly dividend, which was paid on Thursday, December fifteenth. Stockholders of document on Thursday, December 1st have been paid a dividend of $1.90 per share. This represents a $7.60 annualized dividend and a dividend yield of two.37%. The ex-dividend date of this dividend was Wednesday, November thirtieth. Residence Depot’s payout ratio is 45.81%.
Analyst Upgrades and Downgrades
A number of analysts lately weighed in on the corporate. Wedbush decreased their worth goal on Residence Depot to $280.00 in a report on Wednesday, November sixteenth. Exane BNP Paribas lowered Residence Depot from an “outperform” ranking to a “impartial” ranking and set a $286.00 goal worth on the inventory. in a analysis word on Wednesday, October nineteenth. TheStreet upgraded Residence Depot from a “c+” ranking to a “b” ranking in a analysis word on Tuesday, November fifteenth. Citigroup minimize their goal worth on Residence Depot from $348.00 to $340.00 in a analysis word on Monday, October thirty first. Lastly, Cowen lifted their goal worth on Residence Depot from $350.00 to $379.00 and gave the corporate an “outperform” ranking in a analysis word on Tuesday, December thirteenth. 9 analysis analysts have rated the inventory with a maintain ranking and seventeen have given a purchase ranking to the corporate’s inventory. In response to MarketBeat, the corporate presently has a mean ranking of “Average Purchase” and a mean worth goal of $341.24.
Residence Depot Firm Profile
The Residence Depot, Inc operates as a house enchancment retailer. It operates The Residence Depot shops that promote varied constructing supplies, dwelling enchancment merchandise, garden and backyard merchandise, and décor merchandise, in addition to amenities upkeep, restore, and operations merchandise The corporate additionally affords set up companies for flooring, cupboards and cupboard makeovers, counter tops, furnaces and central air methods, and home windows.
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