Rothschild Investment LLC boosted its stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 0.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,128 shares of the home improvement retailer’s stock after purchasing an additional 37 shares during the quarter. Rothschild Investment LLC’s holdings in Home Depot were worth $10,552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new stake in Home Depot during the fourth quarter valued at about $26,000. Wingate Wealth Advisors Inc. bought a new stake in Home Depot during the fourth quarter valued at about $28,000. Legacy Investment Solutions LLC bought a new stake in Home Depot during the third quarter valued at about $41,000. Sugar Maple Asset Management LLC acquired a new stake in Home Depot in the fourth quarter worth about $41,000. Finally, Marshall Investment Management LLC acquired a new stake in Home Depot in the fourth quarter worth about $41,000. Institutional investors own 70.86% of the company’s stock.
Analyst Ratings Changes
Several brokerages have weighed in on HD. JPMorgan Chase & Co. raised their price target on Home Depot from $450.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. Evercore ISI raised their price target on Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. Wells Fargo & Company raised their price target on Home Depot from $440.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, February 13th. Telsey Advisory Group reissued an “outperform” rating and issued a $455.00 price target on shares of Home Depot in a report on Thursday. Finally, Truist Financial raised their price target on Home Depot from $465.00 to $467.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. One equities research 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 stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $433.44.
Home Depot Stock Down 2.5 %
Shares of HD stock opened at $384.82 on Monday. The stock has a 50 day moving average of $402.13 and a 200 day moving average of $397.93. 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 stock has a market cap of $382.26 billion, a P/E ratio of 26.14, a P/E/G ratio of 4.03 and a beta of 1.05. The Home Depot, Inc. has a twelve month low of $323.77 and a twelve month high of $439.37.
Home Depot Company 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.
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