Rowlandmiller & PARTNERS.ADV Has $12.34 Million Stock Position in The Home Depot, Inc. (NYSE:HD)

Rowlandmiller & PARTNERS.ADV decreased its position in shares of The Home Depot, Inc. (NYSE:HD) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,734 shares of the home improvement retailer’s stock after selling 960 shares during the quarter. Home Depot comprises approximately 2.6% of Rowlandmiller & PARTNERS.ADV’s investment portfolio, making the stock its 9th biggest holding. Rowlandmiller & PARTNERS.ADV’s holdings in Home Depot were worth $12,344,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Home Depot in the 3rd quarter valued at approximately $336,231,000. FMR LLC lifted its stake in Home Depot by 10.1% in the third quarter. FMR LLC now owns 8,679,237 shares of the home improvement retailer’s stock valued at $3,516,827,000 after buying an additional 795,438 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in Home Depot by 295.6% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 693,318 shares of the home improvement retailer’s stock valued at $280,932,000 after buying an additional 518,054 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of Home Depot by 37,025.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 480,780 shares of the home improvement retailer’s stock valued at $187,019,000 after buying an additional 479,485 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Home Depot by 2.0% during the third quarter. Geode Capital Management LLC now owns 21,700,427 shares of the home improvement retailer’s stock worth $8,767,449,000 after acquiring an additional 433,126 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Down 2.5 %

Shares of NYSE HD opened at $384.82 on Monday. The Home Depot, Inc. has a 52 week low of $323.77 and a 52 week high of $439.37. The stock’s fifty day moving average is $402.13 and its 200 day moving average is $397.93. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13. The stock has a market capitalization of $382.26 billion, a P/E ratio of 26.14, a PEG ratio of 4.03 and a beta of 1.05.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Barclays upped their target price on shares of Home Depot from $372.00 to $420.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Mizuho boosted their price target on Home Depot from $435.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Telsey Advisory Group reiterated an “outperform” rating and set a $455.00 price objective on shares of Home Depot in a report on Thursday. Wells Fargo & Company boosted their target price on Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, February 13th. Finally, Evercore ISI upped their price target on Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $433.44.

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.