Roffman Miller Associates Inc. PA Sells 2,594 Shares of The Home Depot, Inc. (NYSE:HD)

Roffman Miller Associates Inc. PA decreased its position in shares of The Home Depot, Inc. (NYSE:HD) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 136,211 shares of the home improvement retailer’s stock after selling 2,594 shares during the period. Home Depot comprises 3.3% of Roffman Miller Associates Inc. PA’s portfolio, making the stock its 6th biggest position. Roffman Miller Associates Inc. PA’s holdings in Home Depot were worth $52,985,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HD. Synergy Asset Management LLC bought a new position in shares of Home Depot in the fourth quarter valued at approximately $26,000. Wingate Wealth Advisors Inc. bought a new position in shares of Home Depot in the fourth quarter valued at approximately $28,000. Legacy Investment Solutions LLC bought a new position in shares of Home Depot in the third quarter valued at approximately $41,000. Sugar Maple Asset Management LLC bought a new position in shares of Home Depot in the fourth quarter valued at approximately $41,000. Finally, Marshall Investment Management LLC bought a new position in Home Depot in the 4th quarter worth approximately $41,000. Institutional investors own 70.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HD. JPMorgan Chase & Co. boosted their price objective on shares of Home Depot from $450.00 to $475.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. TD Cowen boosted their price objective on shares of Home Depot from $440.00 to $460.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Evercore ISI boosted their price objective on shares of Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Telsey Advisory Group restated an “outperform” rating and issued a $455.00 price objective on shares of Home Depot in a research report on Thursday. Finally, Stifel Nicolaus boosted their price objective on shares of Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $433.44.

Home Depot Trading Down 2.5 %

HD opened at $384.82 on Monday. The stock has a market capitalization 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 12 month low of $323.77 and a 12 month high of $439.37. The firm’s fifty day simple moving average is $402.13 and its 200 day simple moving average is $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.

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.