Semus Wealth Partners LLC Sells 101 Shares of The Home Depot, Inc. (NYSE:HD)

Semus Wealth Partners LLC lessened its stake in shares of The Home Depot, Inc. (NYSE:HD) by 11.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 756 shares of the home improvement retailer’s stock after selling 101 shares during the quarter. Semus Wealth Partners LLC’s holdings in Home Depot were worth $294,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Synergy Asset Management LLC purchased a new stake in Home Depot during the fourth quarter valued at $26,000. Wingate Wealth Advisors Inc. purchased a new position in Home Depot in the fourth quarter worth about $28,000. Legacy Investment Solutions LLC bought a new stake in shares of Home Depot during the 3rd quarter valued at about $41,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Home Depot during the 4th quarter valued at about $41,000. Finally, Livelsberger Financial Advisory bought a new position in shares of Home Depot in the 3rd quarter worth approximately $46,000. 70.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HD shares. Telsey Advisory Group upgraded shares of Home Depot from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $360.00 to $455.00 in a research report on Friday, November 8th. Royal Bank of Canada boosted 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. 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 research note on Wednesday, November 13th. JPMorgan Chase & Co. lifted their target price on Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. Finally, TD Cowen boosted their price target on 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 issued a hold rating and twenty-one have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $433.44.

Home Depot Stock Down 1.6 %

Shares of HD stock opened at $402.76 on Wednesday. The company’s fifty day simple moving average is $403.70 and its two-hundred day simple moving average is $397.03. The Home Depot, Inc. has a 52 week low of $323.77 and a 52 week high of $439.37. The stock has a market cap of $400.08 billion, a P/E ratio of 27.36, a PEG ratio of 4.18 and a beta of 1.05. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

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.