The Home Depot Inc (HD) Shares Bought by DnB Asset Management AS

Andrew Cummings
December 7, 2017

27 analysts on average projected earnings of $1.34 per share for the current quarter.

Several analysts are forecasting growth estimate of The Home Depot, Inc. for the current quarter to be 12.5%. (NYSE:HD). The Home Depot, Inc. had a higher price at the close than it did at the open. The home improvement retailer reported $1.84 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.81 by $0.03. Home Depot had a return on equity of 238.88% and a net margin of 8.66%. The company's revenue for the quarter was up 8.1% compared to the same quarter a year ago. They expect $0.22 earnings per share, up 450.00% or $0.18 from last year's $0.04 per share. It depends on 5 financial ratios, which can be calculated from data found on a firm's annual 10K report. The share price was last seen -2.84% lower, reaching at $14.39 on May. Gordon Haskett Capital Corporation initiated the shares of HD in report on Tuesday, October 3 with "Buy" rating. Telsey Advisory Group reaffirmed an "outperform" rating on shares of Home Depot in a research report on Friday, August 11th. Argus Research maintained the shares of HD in report on Wednesday, November 18 with "Buy" rating. Finally, Schwab Charles Investment Management Inc. increased its stake in Home Depot by 1.9% in the second quarter. (HD)-16 analysts issued Buy for the stock, 9 analysts gave Outperform rating, 9 think it's a Hold, 0 issued Underperform, while 0 analyst gave a Sell rating. The company now has a consensus rating of "Buy" and an average price target of $175.66.

In related news, EVP Matt Carey sold 32,000 shares of the company's stock in a transaction that occurred on Thursday, September 7th. Roseborough Teresa Wynn Sell 15000 shares of the company at a price of $150.39 on 2017-08-21.


The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 80.56 million shares, BLACKROCK INC. with 73.64 million shares, CAPITAL WORLD INVESTORS with 69.41 million shares, STATE STREET CORP with 52.56 million shares, and FMR LLC with 30.46 million shares. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.26% of the company's stock. It increased, as 38 investors sold The Home Depot, Inc. shares while 632 reduced holdings. Drexel Morgan And has invested 0.71% in The Home Depot, Inc.

The Home Depot, Inc (The Home Depot) is a home improvement retailer. Vaughan Nelson Invest Management LP has 433,770 shares. This buyback authorization authorizes the home improvement retailer to buy shares of its stock through open market purchases. Home Depot's dividend payout ratio is now 44.66%. The Beaumont Financial Partners Llc holds 4,369 shares with $670,000 value, up from 1,689 last quarter. Holderness Invests stated it has 1.85% of its portfolio in The Home Depot, Inc. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer's stock worth $400,000 after purchasing an additional 9 shares in the last quarter. The stock traded on impressive volume of 4.6 Million comparing to the average volume of 4546.29 shares, completing picture of exact trends with uncompleted dots in volume over the norm. The stock has a market cap of $185.49 billion, a PE ratio of 23.22 and a beta of 1.09.

The Home Depot, Inc.'s P/B is valued at 83.88 exhibiting the investor sentiment on the value of the stock to its actual value. The company has a debt-to-equity ratio of 9.54, a current ratio of 1.23 and a quick ratio of 0.39.


The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, June 1st will be issued a dividend of $0.89 per share. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $3.56 annualized dividend and a dividend yield of 1.98%. Finally, Silicon Valley Capital Partners grew its position in Home Depot by 0.6% during the 2nd quarter. What's more, home value appreciation, the biggest source of demand for Home Depot, continues to rise quickly. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of US and global trademark & copyright legislation.

The Home Depot, Inc (The Home Depot) is a home improvement retailer.


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