First Houston Capital Inc. Has $2,702,000 Stake in Home Depot, Inc. (The) (HD)

First Houston Capital Inc. increased its position in Home Depot, Inc. (The) (NYSE:HD) by 4.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,000 shares of the home improvement retailer’s stock after buying an additional 800 shares during the period. Home Depot, Inc. (The) makes up about 2.7% of First Houston Capital Inc.’s investment portfolio, making the stock its 12th largest position. First Houston Capital Inc.’s holdings in Home Depot, Inc. (The) were worth $2,702,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of HD. Glassman Wealth Services increased its position in Home Depot, Inc. (The) by 8.0% in the second quarter. Glassman Wealth Services now owns 1,008 shares of the home improvement retailer’s stock valued at $129,000 after buying an additional 75 shares during the period. Edge Wealth Management LLC increased its position in Home Depot, Inc. (The) by 0.3% in the third quarter. Edge Wealth Management LLC now owns 1,068 shares of the home improvement retailer’s stock valued at $137,000 after buying an additional 3 shares during the period. Nelson Roberts Investment Advisors LLC increased its position in Home Depot, Inc. (The) by 60.3% in the second quarter. Nelson Roberts Investment Advisors LLC now owns 1,210 shares of the home improvement retailer’s stock valued at $155,000 after buying an additional 455 shares during the period. Van Hulzen Asset Management LLC increased its position in Home Depot, Inc. (The) by 27.4% in the third quarter. Van Hulzen Asset Management LLC now owns 1,407 shares of the home improvement retailer’s stock valued at $181,000 after buying an additional 303 shares during the period. Finally, Argentus Capital Management LLC increased its position in Home Depot, Inc. (The) by 9.5% in the third quarter. Argentus Capital Management LLC now owns 1,499 shares of the home improvement retailer’s stock valued at $193,000 after buying an additional 130 shares during the period. Hedge funds and other institutional investors own 71.67% of the company’s stock.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

Shares of Home Depot, Inc. (NYSE:HD) opened at 139.85 on Friday. Home Depot, Inc. has a 52-week low of $117.70 and a 52-week high of $140.57. The stock’s 50 day moving average price is $136.35 and its 200-day moving average price is $131.84. The firm has a market cap of $170.36 billion, a PE ratio of 22.70 and a beta of 1.09.

Home Depot, Inc. (The) (NYSE:HD) last announced its quarterly earnings results on Tuesday, November 15th. The home improvement retailer reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.02. Home Depot, Inc. (The) had a return on equity of 123.29% and a net margin of 8.23%. The firm earned $23.20 billion during the quarter, compared to the consensus estimate of $23.05 billion. During the same period in the prior year, the firm earned $1.36 EPS. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. On average, equities research analysts anticipate that Home Depot, Inc. will post $6.34 earnings per share for the current fiscal year.

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Several equities analysts have recently weighed in on the company. Wedbush restated a “neutral” rating and issued a $145.00 target price on shares of Home Depot, Inc. (The) in a research report on Friday. Sanford C. Bernstein assumed coverage on Home Depot, Inc. (The) in a research report on Monday, February 6th. They issued a “market perform” rating and a $141.00 target price on the stock. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $140.00 target price on shares of Home Depot, Inc. (The) in a research report on Thursday, December 22nd. Zacks Investment Research cut Home Depot, Inc. (The) from a “buy” rating to a “hold” rating in a report on Thursday, January 19th. Finally, Vetr cut Home Depot, Inc. (The) from a “sell” rating to a “strong sell” rating and set a $119.51 price target for the company. in a report on Thursday, December 22nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $144.53.

In other Home Depot, Inc. (The) news, EVP Mark Holifield sold 15,606 shares of the company’s stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of $128.39, for a total value of $2,003,654.34. Following the completion of the transaction, the executive vice president now directly owns 39,499 shares of the company’s stock, valued at approximately $5,071,276.61. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Edward P. Decker sold 20,000 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $130.80, for a total transaction of $2,616,000.00. Following the completion of the transaction, the executive vice president now directly owns 63,878 shares of the company’s stock, valued at $8,355,242.40. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by corporate insiders.

Home Depot, Inc. (The) Company Profile

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

5 Day Chart for NYSE:HD

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