UMB Bank N A MO Sells 6,344 Shares of Home Depot, Inc. (The) (HD)

UMB Bank N A MO lowered its position in Home Depot, Inc. (The) (NYSE:HD) by 2.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 219,875 shares of the home improvement retailer’s stock after selling 6,344 shares during the quarter. Home Depot, Inc. (The) comprises approximately 1.2% of UMB Bank N A MO’s portfolio, making the stock its 10th largest holding. UMB Bank N A MO’s holdings in Home Depot, Inc. (The) were worth $33,729,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. American Beacon Advisors Inc. bought a new position in Home Depot, Inc. (The) in the first quarter valued at $100,000. Riggs Asset Managment Co. Inc. boosted its position in Home Depot, Inc. (The) by 114.1% during the first quarter. Riggs Asset Managment Co. Inc. now owns 745 shares of the home improvement retailer’s stock valued at $109,000 after buying an additional 397 shares during the period. St. Johns Investment Management Company LLC boosted its position in Home Depot, Inc. (The) by 81.8% during the second quarter. St. Johns Investment Management Company LLC now owns 1,100 shares of the home improvement retailer’s stock valued at $169,000 after buying an additional 495 shares during the period. Mascoma Wealth Management LLC boosted its position in Home Depot, Inc. (The) by 0.6% during the second quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock valued at $175,000 after buying an additional 7 shares during the period. Finally, Peoples Financial Services CORP. boosted its position in Home Depot, Inc. (The) by 12.2% during the second quarter. Peoples Financial Services CORP. now owns 1,150 shares of the home improvement retailer’s stock valued at $176,000 after buying an additional 125 shares during the period. 71.36% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Ann Marie Campbell sold 10,717 shares of the stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $152.40, for a total value of $1,633,270.80. Following the sale, the executive vice president now owns 64,810 shares in the company, valued at $9,877,044. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Matt Carey sold 32,000 shares of the stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $157.10, for a total transaction of $5,027,200.00. Following the sale, the executive vice president now directly owns 62,483 shares in the company, valued at $9,816,079.30. The disclosure for this sale can be found here. Insiders have sold a total of 57,717 shares of company stock worth $8,916,321 in the last 90 days. 0.26% of the stock is currently owned by company insiders.

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A number of analysts have recently weighed in on the stock. Bank of America Corporation increased their target price on shares of Home Depot, Inc. (The) from $170.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. KeyCorp began coverage on shares of Home Depot, Inc. (The) in a report on Tuesday, November 7th. They issued a “sector weight” rating for the company. Royal Bank Of Canada set a $179.00 price objective on shares of Home Depot, Inc. (The) and gave the stock a “buy” rating in a report on Monday, October 30th. Robert W. Baird set a $175.00 target price on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Friday, October 13th. Finally, Credit Suisse Group set a $171.00 target price on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Friday, October 13th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Home Depot, Inc. (The) currently has an average rating of “Buy” and a consensus price target of $173.18.

Shares of Home Depot, Inc. (HD) opened at $164.11 on Monday. Home Depot, Inc. has a 52-week low of $122.92 and a 52-week high of $167.94. The company has a debt-to-equity ratio of 6.87, a current ratio of 1.30 and a quick ratio of 0.48. The firm has a market cap of $193,455.83, a P/E ratio of 23.58, a PEG ratio of 1.65 and a beta of 1.08.

Home Depot, Inc. (The) (NYSE:HD) last posted its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 EPS for the quarter, beating the Zacks’ consensus estimate of $2.21 by $0.04. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The company had revenue of $28.11 billion during the quarter, compared to analysts’ expectations of $27.84 billion. During the same quarter in the prior year, the company posted $1.97 earnings per share. Home Depot, Inc. (The)’s revenue for the quarter was up 6.2% compared to the same quarter last year. research analysts expect that Home Depot, Inc. will post 7.32 earnings per share for the current fiscal year.

Home Depot, Inc. (The) 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 serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

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

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