Forsta AP Fonden grew its stake in shares of The Dwelling Depot, Inc. (NYSE:HD – Free Report) by 8.4% within the third quarter, in line with its most up-to-date Kind 13F submitting with the Securities and Alternate Fee. The fund owned 279,700 shares of the house enchancment retailer’s inventory after buying an extra 21,700 shares in the course of the quarter. Dwelling Depot makes up 0.9% of Forsta AP Fonden’s portfolio, making the inventory its sixteenth largest holding. Forsta AP Fonden’s holdings in Dwelling Depot had been price $113,334,000 as of its most up-to-date submitting with the Securities and Alternate Fee.
Various different institutional buyers and hedge funds have additionally made adjustments to their positions in HD. Texas Capital Financial institution Wealth Administration Companies Inc grew its place in Dwelling Depot by 27.6% within the 2nd quarter. Texas Capital Financial institution Wealth Administration Companies Inc now owns 27,155 shares of the house enchancment retailer’s inventory price $9,348,000 after buying an extra 5,879 shares over the past quarter. Empirical Finance LLC boosted its place in shares of Dwelling Depot by 3.3% in the course of the first quarter. Empirical Finance LLC now owns 37,127 shares of the house enchancment retailer’s inventory price $14,242,000 after shopping for an extra 1,195 shares in the course of the interval. Pegasus Asset Administration Inc. grew its holdings in Dwelling Depot by 1.8% within the third quarter. Pegasus Asset Administration Inc. now owns 4,994 shares of the house enchancment retailer’s inventory price $2,024,000 after shopping for an extra 86 shares within the final quarter. Commonwealth Retirement Investments LLC elevated its place in Dwelling Depot by 5.5% within the 1st quarter. Commonwealth Retirement Investments LLC now owns 18,628 shares of the house enchancment retailer’s inventory valued at $7,146,000 after buying an extra 965 shares in the course of the interval. Lastly, Swedbank AB elevated its place in Dwelling Depot by 17.1% within the third quarter. Swedbank AB now owns 909,530 shares of the house enchancment retailer’s inventory valued at $368,542,000 after buying an extra 132,967 shares in the course of the interval. 70.86% of the inventory is presently owned by institutional buyers and hedge funds.
Analyst Upgrades and Downgrades
A number of analysis analysts have lately issued experiences on HD shares. Loop Capital raised Dwelling Depot from a “maintain” score to a “purchase” score and elevated their worth goal for the inventory from $360.00 to $460.00 in a analysis observe on Wednesday, October ninth. Telsey Advisory Group reiterated a “market carry out” score and issued a $360.00 goal worth on shares of Dwelling Depot in a analysis report on Thursday, September twelfth. Morgan Stanley raised their goal worth on shares of Dwelling Depot from $380.00 to $450.00 and gave the corporate an “chubby” score in a analysis observe on Monday, October twenty first. DA Davidson upped their worth goal on shares of Dwelling Depot from $430.00 to $466.00 and gave the inventory a “purchase” score in a analysis observe on Friday. Lastly, Guggenheim raised their worth goal on shares of Dwelling Depot from $390.00 to $450.00 and gave the corporate a “purchase” score in a analysis observe on Friday, October 4th. One funding analyst has rated the inventory with a promote score, eight have assigned a maintain score and twenty-two have issued a purchase score to the corporate. Based mostly on knowledge from MarketBeat, the inventory presently has a mean score of “Average Purchase” and a mean worth goal of $412.00.
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Dwelling Depot Value Efficiency
HD opened at $398.91 on Monday. The agency has a market capitalization of $396.23 billion, a P/E ratio of 26.84, a PEG ratio of two.78 and a beta of 1.00. The inventory has a fifty day shifting common of $389.81 and a 200-day shifting common of $360.04. The corporate has a fast ratio of 0.33, a present ratio of 1.15 and a debt-to-equity ratio of 11.74. The Dwelling Depot, Inc. has a 12-month low of $274.26 and a 12-month excessive of $421.56.
Dwelling Depot (NYSE:HD – Get Free Report) final introduced its quarterly earnings knowledge on Tuesday, August thirteenth. The house enchancment retailer reported $4.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.59 by $0.08. Dwelling Depot had a return on fairness of 681.27% and a internet margin of 9.71%. The agency had income of $43.18 billion in the course of the quarter, in comparison with the consensus estimate of $42.57 billion. Throughout the identical interval within the prior 12 months, the enterprise earned $4.65 EPS. The enterprise’s income for the quarter was up .6% on a year-over-year foundation. Equities analysts forecast that The Dwelling Depot, Inc. will submit 15.01 EPS for the present fiscal 12 months.
Dwelling Depot Dividend Announcement
The enterprise additionally lately declared a quarterly dividend, which was paid on Thursday, September twelfth. Buyers of file on Thursday, August twenty ninth had been issued a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of two.26%. The ex-dividend date was Thursday, August twenty ninth. Dwelling Depot’s dividend payout ratio is presently 60.57%.
About Dwelling Depot
The Dwelling Depot, Inc operates as a house enchancment retailer in america and internationally. It sells varied constructing supplies, dwelling enchancment merchandise, garden and backyard merchandise, and décor merchandise, in addition to amenities upkeep, restore, and operations merchandise. The corporate additionally presents set up providers for flooring, water heaters, bathtub, storage doorways, cupboards, cupboard makeovers, counter tops, sheds, furnaces and central air methods, and home windows.
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