The Home Depot, Inc. (NYSE:HD) Shares Sold by One Day In July LLC

One Day In July LLC lowered its position in The Home Depot, Inc. (NYSE:HD) by 17.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,058 shares of the home improvement retailer’s stock after selling 229 shares during the period. One Day In July LLC’s holdings in Home Depot were worth $412,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Prakash Investment Advisors LLC acquired a new position in shares of Home Depot during the 4th quarter worth about $506,000. Zullo Investment Group Inc. raised its position in shares of Home Depot by 1.5% during the 4th quarter. Zullo Investment Group Inc. now owns 8,553 shares of the home improvement retailer’s stock worth $3,327,000 after purchasing an additional 124 shares during the last quarter. Boston Financial Mangement LLC raised its position in shares of Home Depot by 1.4% during the 4th quarter. Boston Financial Mangement LLC now owns 49,103 shares of the home improvement retailer’s stock worth $19,100,000 after purchasing an additional 663 shares during the last quarter. RW Investment Management LLC raised its position in shares of Home Depot by 3.6% during the 4th quarter. RW Investment Management LLC now owns 1,111 shares of the home improvement retailer’s stock worth $432,000 after purchasing an additional 39 shares during the last quarter. Finally, Advyzon Investment Management LLC acquired a new position in shares of Home Depot during the 4th quarter worth about $825,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Telsey Advisory Group reiterated an “outperform” rating and issued a $455.00 price objective on shares of Home Depot in a report on Thursday. Stifel Nicolaus increased their price objective on shares of Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a report on Monday, November 11th. Evercore ISI increased their price objective on shares of Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Bank of America increased their price objective on shares of Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Finally, TD Cowen increased their price objective on shares of Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a report on Monday, October 28th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $433.44.

Home Depot Stock Performance

NYSE:HD opened at $394.63 on Friday. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13. The stock has a market capitalization of $392.01 billion, a P/E ratio of 26.81, a PEG ratio of 4.12 and a beta of 1.05. The company has a 50 day moving average price of $402.77 and a 200 day moving average price of $397.00. The Home Depot, Inc. has a fifty-two week low of $323.77 and a fifty-two week high of $439.37.

Home Depot Profile

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.