Chesapeake Wealth Administration Trims Place in The Residence Depot, Inc. (NYSE:HD)


Chesapeake Wealth Administration minimize its holdings in shares of The Residence Depot, Inc. (NYSE:HD – Get Score) by 2.7% within the first quarter, based on its most up-to-date submitting with the Securities and Change Fee. The fund owned 4,833 shares of the house enchancment retailer’s inventory after promoting 132 shares through the quarter. Chesapeake Wealth Administration’s holdings in Residence Depot had been value $1,447,000 on the finish of the newest reporting interval.

A lot of different institutional traders and hedge funds have additionally purchased and bought shares of HD. Norges Financial institution bought a brand new place in Residence Depot through the 4th quarter value roughly $4,325,629,000. Allspring World Investments Holdings LLC bought a brand new place in Residence Depot through the 4th quarter value roughly $440,559,000. Jennison Associates LLC raised its place in Residence Depot by 21.1% through the 4th quarter. Jennison Associates LLC now owns 4,823,391 shares of the house enchancment retailer’s inventory value $2,001,755,000 after shopping for an extra 840,033 shares over the past quarter. Geode Capital Administration LLC raised its place in Residence Depot by 4.3% through the 4th quarter. Geode Capital Administration LLC now owns 16,921,581 shares of the house enchancment retailer’s inventory value $7,002,662,000 after shopping for an extra 701,811 shares over the past quarter. Lastly, Deutsche Financial institution AG raised its place in Residence Depot by 12.2% through the 4th quarter. Deutsche Financial institution AG now owns 5,221,435 shares of the house enchancment retailer’s inventory value $2,166,946,000 after shopping for an extra 566,462 shares over the past quarter. 70.61% of the inventory is owned by institutional traders.

HD has been the topic of a number of current analysis stories. Jefferies Monetary Group minimize their goal worth on shares of Residence Depot from $420.00 to $400.00 and set a “purchase” ranking for the corporate in a report on Wednesday, Might 18th. Citigroup lifted their goal worth on shares of Residence Depot from $327.00 to $348.00 in a report on Friday, Might twentieth. Wedbush minimize their goal worth on shares of Residence Depot from $340.00 to $320.00 and set a “impartial” ranking for the corporate in a report on Wednesday, Might 18th. Piper Sandler lifted their goal worth on shares of Residence Depot from $310.00 to $321.00 and gave the corporate a “impartial” ranking in a report on Wednesday, Might 18th. Lastly, StockNews.com lowered shares of Residence Depot from a “purchase” ranking to a “maintain” ranking in a report on Friday, Might twenty seventh. 5 analysis analysts have rated the inventory with a maintain ranking and sixteen have issued a purchase ranking to the corporate’s inventory. In accordance with information from MarketBeat, the inventory has a consensus ranking of “Average Purchase” and a median worth goal of $369.82.

In different information, EVP Ann Marie Campbell bought 11,293 shares of Residence Depot inventory in a transaction on Tuesday, Might twenty fourth. The inventory was bought at a median worth of $288.03, for a complete transaction of $3,252,722.79. Following the transaction, the chief vice chairman now owns 51,175 shares within the firm, valued at roughly $14,739,935.25. The transaction was disclosed in a authorized submitting with the SEC, which will be accessed by way of this hyperlink. Additionally, EVP Hector A. Padilla bought 136 shares of Residence Depot inventory in a transaction on Thursday, Might nineteenth. The inventory was bought at a median worth of $289.23, for a complete worth of $39,335.28. Following the transaction, the chief vice chairman now owns 11,230 shares within the firm, valued at roughly $3,248,052.90. The disclosure for this sale will be discovered right here. 0.17% of the inventory is owned by insiders.

Shares of HD opened at $279.08 on Friday. The Residence Depot, Inc. has a 52-week low of $264.51 and a 52-week excessive of $420.61. The corporate has a fast ratio of 0.28, a present ratio of 1.11 and a debt-to-equity ratio of 35.47. The agency’s fifty day shifting common is $291.54 and its two-hundred day shifting common is $328.09. The inventory has a market cap of $286.83 billion, a PE ratio of 17.72, a price-to-earnings-growth ratio of 1.70 and a beta of 0.97.

Residence Depot (NYSE:HD – Get Score) final posted its quarterly earnings outcomes on Tuesday, Might seventeenth. The house enchancment retailer reported $4.09 EPS for the quarter, topping the consensus estimate of $3.67 by $0.42. Residence Depot had a damaging return on fairness of 21,952.16% and a internet margin of 10.83%. The enterprise had income of $38.91 billion for the quarter, in comparison with analyst estimates of $36.78 billion. Throughout the identical quarter within the earlier yr, the agency earned $3.86 EPS. The corporate’s quarterly income was up 3.8% in comparison with the identical quarter final yr. As a bunch, analysis analysts anticipate that The Residence Depot, Inc. will submit 16.47 earnings per share for the present yr.

The enterprise additionally not too long ago declared a quarterly dividend, which was paid on Thursday, June sixteenth. Stockholders of document on Thursday, June 2nd had been issued a dividend of $1.90 per share. The ex-dividend date of this dividend was Wednesday, June 1st. This represents a $7.60 annualized dividend and a dividend yield of two.72%. Residence Depot’s dividend payout ratio is presently 48.25%.

Residence Depot Firm Profile (Get Score)

The Residence Depot, Inc operates as a house enchancment retailer. It operates The Residence Depot shops that promote varied constructing supplies, residence enchancment merchandise, garden and backyard merchandise, and décor merchandise, in addition to services 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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Institutional Ownership by Quarter for Home Depot (NYSE:HD)



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