The Home Depot, Inc. (NYSE:HD) Shares Sold by J. W. Coons Advisors LLC

J. W. Coons Advisors LLC trimmed its stake in shares of The Home Depot, Inc. (NYSE:HD) by 7.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,331 shares of the home improvement retailer’s stock after selling 610 shares during the quarter. J. W. Coons Advisors LLC’s holdings in Home Depot were worth $2,852,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Asset Advisors Investment Management LLC lifted its position in Home Depot by 6.5% during the 4th quarter. Asset Advisors Investment Management LLC now owns 19,165 shares of the home improvement retailer’s stock worth $7,455,000 after acquiring an additional 1,175 shares during the period. Conscious Wealth Investments LLC lifted its holdings in shares of Home Depot by 8.0% in the 4th quarter. Conscious Wealth Investments LLC now owns 17,875 shares of the home improvement retailer’s stock valued at $7,318,000 after buying an additional 1,318 shares during the period. Cape ANN Savings Bank boosted its stake in shares of Home Depot by 6.0% in the fourth quarter. Cape ANN Savings Bank now owns 1,143 shares of the home improvement retailer’s stock valued at $445,000 after buying an additional 65 shares in the last quarter. Colonial River Investments LLC grew its holdings in Home Depot by 0.9% during the fourth quarter. Colonial River Investments LLC now owns 4,123 shares of the home improvement retailer’s stock worth $1,604,000 after acquiring an additional 38 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Home Depot in the fourth quarter valued at $4,836,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HD. Wells Fargo & Company upped their price target on shares of Home Depot from $440.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, February 13th. Evercore ISI upped their price target on shares of Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Mizuho upped their price target on shares of Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Barclays upped their price target 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. Finally, TD Cowen upped their price target on shares of Home Depot from $440.00 to $460.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $433.44.

Home Depot Trading Down 2.5 %

Shares of HD stock opened at $384.82 on Monday. The firm has a market cap of $382.26 billion, a P/E ratio of 26.14, a PEG ratio of 4.03 and a beta of 1.05. The Home Depot, Inc. has a 1-year low of $323.77 and a 1-year high of $439.37. 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’s 50-day simple moving average is $402.13 and its 200-day simple moving average is $397.93.

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.