ORG Partners LLC Has $1.96 Million Position in The Home Depot, Inc. (NYSE:HD)

ORG Partners LLC increased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 5.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 5,012 shares of the home improvement retailer’s stock after purchasing an additional 259 shares during the period. ORG Partners LLC’s holdings in Home Depot were worth $1,956,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in HD. AdvisorShares Investments LLC acquired a new position in Home Depot in the 2nd quarter valued at $461,000. Linscomb Wealth Inc. increased its position in Home Depot by 1.4% during the second quarter. Linscomb Wealth Inc. now owns 6,584 shares of the home improvement retailer’s stock worth $2,267,000 after acquiring an additional 90 shares during the period. American Century Companies Inc. raised its stake in Home Depot by 9.8% in the 2nd quarter. American Century Companies Inc. now owns 928,603 shares of the home improvement retailer’s stock worth $319,662,000 after purchasing an additional 82,740 shares in the last quarter. Y.D. More Investments Ltd boosted its holdings in Home Depot by 18.0% in the 2nd quarter. Y.D. More Investments Ltd now owns 975 shares of the home improvement retailer’s stock valued at $335,000 after purchasing an additional 149 shares during the period. Finally, Achmea Investment Management B.V. grew its position in shares of Home Depot by 2.8% during the 2nd quarter. Achmea Investment Management B.V. now owns 125,101 shares of the home improvement retailer’s stock worth $43,065,000 after purchasing an additional 3,429 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Trading Up 0.7 %

NYSE:HD traded up $2.55 on Friday, reaching $389.75. 1,722,038 shares of the stock traded hands, compared to its average volume of 2,409,415. The firm has a market capitalization of $387.16 billion, a price-to-earnings ratio of 26.48, a price-to-earnings-growth ratio of 2.90 and a beta of 1.05. The Home Depot, Inc. has a 1-year low of $323.77 and a 1-year high of $439.37. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The company’s 50 day moving average is $406.19 and its 200-day moving average is $385.06.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, November 12th. The home improvement retailer reported $3.78 EPS for the quarter, beating analysts’ consensus estimates of $3.64 by $0.14. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The business had revenue of $40.22 billion for the quarter, compared to analysts’ expectations of $39.31 billion. During the same quarter in the prior year, the firm posted $3.81 earnings per share. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. Equities research analysts anticipate that The Home Depot, Inc. will post 15.12 EPS for the current fiscal year.

Home Depot Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th were issued a $2.25 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $9.00 annualized dividend and a yield of 2.31%. Home Depot’s payout ratio is currently 61.14%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on HD. Sanford C. Bernstein initiated coverage on Home Depot in a research note on Tuesday, October 22nd. They issued a “market perform” rating and a $451.00 price target for the company. Stifel Nicolaus upped their target price on Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a research report on Monday, November 11th. Bank of America raised their price target on Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Morgan Stanley upped their price objective on shares of Home Depot from $380.00 to $450.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Finally, Melius Research assumed coverage on shares of Home Depot in a research report on Monday, September 23rd. They issued a “buy” rating and a $420.00 target price for the company. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $426.00.

Insider Buying and Selling at Home Depot

In related news, EVP Ann Marie Campbell sold 100 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $402.58, for a total transaction of $40,258.00. Following the completion of the sale, the executive vice president now owns 12,465 shares in the company, valued at approximately $5,018,159.70. This represents a 0.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Timothy A. Hourigan sold 16,004 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $409.52, for a total value of $6,553,958.08. Following the transaction, the executive vice president now owns 77,475 shares in the company, valued at approximately $31,727,562. This trade represents a 17.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 38,188 shares of company stock valued at $15,624,585. 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.