Cordatus Wealth Management LLC Buys 204 Shares of The Home Depot, Inc. (NYSE:HD)

Cordatus Wealth Management LLC lifted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,809 shares of the home improvement retailer’s stock after purchasing an additional 204 shares during the quarter. Cordatus Wealth Management LLC’s holdings in Home Depot were worth $2,259,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Synergy Asset Management LLC acquired a new stake in shares of Home Depot during the fourth quarter worth about $26,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Home Depot during the fourth quarter worth about $28,000. Legacy Investment Solutions LLC acquired a new stake in shares of Home Depot during the third quarter worth about $41,000. Sugar Maple Asset Management LLC acquired a new stake in Home Depot in the 4th quarter valued at approximately $41,000. Finally, Finley Financial LLC acquired a new stake in Home Depot in the 4th quarter valued at approximately $59,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of NYSE HD opened at $394.63 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The Home Depot, Inc. has a 12 month low of $323.77 and a 12 month high of $439.37. The stock has a 50 day moving average of $402.77 and a 200-day moving average of $397.00. The company has a market capitalization of $392.01 billion, a P/E ratio of 26.81, a P/E/G ratio of 4.04 and a beta of 1.05.

Analyst Upgrades and Downgrades

HD has been the topic of a number of recent research reports. Stifel Nicolaus lifted their target price on Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a research report on Monday, November 11th. Barclays lifted their target price on Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Evercore ISI lifted their target price on Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Wells Fargo & Company lifted their target price on Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, February 13th. Finally, Bank of America lifted their target price on Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $433.44.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.