The Home Depot, Inc. (NYSE:HD) Shares Bought by CWS Financial Advisors LLC

CWS Financial Advisors LLC raised its holdings in The Home Depot, Inc. (NYSE:HD) by 13.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,590 shares of the home improvement retailer’s stock after acquiring an additional 306 shares during the period. CWS Financial Advisors LLC’s holdings in Home Depot were worth $1,007,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new position in Home Depot in the 4th quarter valued at $26,000. Wingate Wealth Advisors Inc. acquired a new position in Home Depot in the 4th quarter valued at $28,000. Legacy Investment Solutions LLC acquired a new position in Home Depot in the 3rd quarter valued at $41,000. Sugar Maple Asset Management LLC acquired a new position in Home Depot in the 4th quarter valued at $41,000. Finally, Marshall Investment Management LLC acquired a new stake in shares of Home Depot during the 4th quarter worth $41,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HD has been the subject of a number of research analyst reports. Bank of America upped their price objective on Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Wells Fargo & Company upped their price objective on Home Depot from $440.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, February 13th. Royal Bank of Canada upped their price objective on Home Depot from $363.00 to $413.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Stifel Nicolaus upped their price objective on Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Finally, Barclays upped their price objective on Home Depot from $372.00 to $420.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and an average price target of $433.44.

Home Depot Stock Performance

NYSE:HD opened at $381.12 on Tuesday. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The firm has a 50-day moving average of $401.53 and a two-hundred day moving average of $398.16. The stock has a market cap of $378.59 billion, a P/E ratio of 25.89, a PEG ratio of 4.03 and a beta of 1.05. The Home Depot, Inc. has a 1-year low of $323.77 and a 1-year 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.