Elwood & Goetz Wealth Advisory Group LLC Sells 161 Shares of The Home Depot, Inc. (NYSE:HD)

Elwood & Goetz Wealth Advisory Group LLC trimmed its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,915 shares of the home improvement retailer’s stock after selling 161 shares during the period. Elwood & Goetz Wealth Advisory Group LLC’s holdings in Home Depot were worth $1,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HD. Synergy Asset Management LLC bought a new stake in shares of Home Depot in the 4th quarter valued at about $26,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Home Depot in the 4th quarter valued at about $28,000. Legacy Investment Solutions LLC bought a new stake in shares of Home Depot in the 3rd quarter valued at about $41,000. Sugar Maple Asset Management LLC bought a new stake in shares of Home Depot in the 4th quarter valued at about $41,000. Finally, Marshall Investment Management LLC bought a new stake in shares of Home Depot in the 4th quarter valued at about $41,000. 70.86% of the stock is currently owned by institutional investors.

Home Depot Price Performance

NYSE:HD opened at $384.82 on Friday. 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 market cap of $382.26 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. The company has a 50 day moving average price of $402.13 and a 200-day moving average price of $397.54. The Home Depot, Inc. has a 1-year low of $323.77 and a 1-year high of $439.37.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a report on Monday, February 10th. TD Cowen raised their price target 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. Royal Bank of Canada increased their price objective on shares of Home Depot from $363.00 to $413.00 and gave the company a “sector perform” rating in a research report on Monday, November 11th. Wells Fargo & Company increased their price objective on shares of Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, February 13th. Finally, Barclays increased their price objective on shares of Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. One investment 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’s stock. Based on data from MarketBeat, Home Depot currently 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.