Headlands Applied sciences LLC trimmed its place in shares of The Residence Depot, Inc. (NYSE:HD – Free Report) by 37.1% within the 2nd quarter, in keeping with the corporate in its most up-to-date Kind 13F submitting with the Securities and Change Fee. The fund owned 2,391 shares of the house enchancment retailer’s inventory after promoting 1,410 shares throughout the interval. Headlands Applied sciences LLC’s holdings in Residence Depot have been price $823,000 as of its most up-to-date SEC submitting.
Different institutional buyers additionally lately modified their holdings of the corporate. Frank Rimerman Advisors LLC purchased a brand new stake in shares of Residence Depot within the 4th quarter price roughly $27,000. Kings Path Companions LLC bought a brand new place in Residence Depot throughout the 2nd quarter valued at $33,000. Burkett Monetary Providers LLC bought a brand new place in Residence Depot throughout the 4th quarter valued at $38,000. A.P. Gilfoyle & Co. L.P. purchased a brand new place in Residence Depot within the 1st quarter price $38,000. Lastly, Livelsberger Monetary Advisory bought a brand new stake in shares of Residence Depot within the 4th quarter price about $39,000. 70.86% of the inventory is at the moment owned by hedge funds and different institutional buyers.
Residence Depot Buying and selling Down 0.1 %
Shares of NYSE:HD opened at $370.49 on Thursday. The corporate has a debt-to-equity ratio of 11.74, a present ratio of 1.15 and a fast ratio of 0.33. The Residence Depot, Inc. has a 1 12 months low of $274.26 and a 1 12 months excessive of $396.87. The corporate has a market cap of $367.38 billion, a P/E ratio of 24.85, a PEG ratio of two.49 and a beta of 1.00. The inventory’s fifty day shifting common value is $359.31 and its 200-day shifting common value is $354.03.
Residence Depot (NYSE:HD – Get Free Report) final posted its earnings outcomes on Tuesday, August thirteenth. The house enchancment retailer reported $4.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.59 by $0.08. The enterprise had income of $43.18 billion for the quarter, in comparison with analysts’ expectations of $42.57 billion. Residence Depot had a internet margin of 9.71% and a return on fairness of 681.27%. The enterprise’s income for the quarter was up .6% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the prior 12 months, the enterprise earned $4.65 EPS. Promote-side analysts anticipate that The Residence Depot, Inc. will put up 15.01 earnings per share for the present 12 months.
Residence Depot Broadcasts Dividend
The enterprise additionally lately introduced a quarterly dividend, which will likely be paid on Thursday, September twelfth. Traders of file on Thursday, August twenty ninth will likely be issued a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of two.43%. The ex-dividend date of this dividend is Thursday, August twenty ninth. Residence Depot’s dividend payout ratio is at the moment 60.36%.
Analyst Upgrades and Downgrades
Various analysis corporations lately issued studies on HD. Loop Capital decreased their value goal on shares of Residence Depot from $360.00 to $330.00 and set a “maintain” ranking for the corporate in a analysis notice on Wednesday, August 14th. TD Cowen lowered their goal value on Residence Depot from $440.00 to $420.00 and set a “purchase” ranking for the corporate in a analysis notice on Wednesday, Might fifteenth. Stifel Nicolaus decreased their value goal on Residence Depot from $380.00 to $375.00 and set a “maintain” ranking on the inventory in a analysis notice on Wednesday, August 14th. Jefferies Monetary Group assumed protection on Residence Depot in a analysis report on Tuesday, July sixteenth. They set a “purchase” ranking and a $426.00 value goal for the corporate. Lastly, UBS Group upped their goal value on shares of Residence Depot from $400.00 to $425.00 and gave the inventory a “purchase” ranking in a analysis report on Wednesday, August 14th. One analyst has rated the inventory with a promote ranking, eight have assigned a maintain ranking and nineteen have assigned a purchase ranking to the corporate’s inventory. In accordance with information from MarketBeat, the corporate presently has a consensus ranking of “Reasonable Purchase” and a consensus value goal of $387.79.
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Residence Depot Profile
The Residence Depot, Inc operates as a house enchancment retailer in the USA and internationally. It sells numerous constructing supplies, dwelling enchancment merchandise, garden and backyard merchandise, and décor merchandise, in addition to amenities upkeep, restore, and operations merchandise. The corporate additionally provides set up companies for flooring, water heaters, tub, storage doorways, cupboards, cupboard makeovers, counter tops, sheds, furnaces and central air programs, and home windows.
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