Citizens National Bank Trust Department Sells 221 Shares of The Home Depot, Inc. (NYSE:HD)

Citizens National Bank Trust Department trimmed its position in The Home Depot, Inc. (NYSE:HD) by 1.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,590 shares of the home improvement retailer’s stock after selling 221 shares during the period. Citizens National Bank Trust Department’s holdings in Home Depot were worth $4,508,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HD. Synergy Asset Management LLC bought a new stake in Home Depot in the 4th quarter valued at about $26,000. Wingate Wealth Advisors Inc. bought a new stake in Home Depot during the 4th quarter worth approximately $28,000. Legacy Investment Solutions LLC bought a new stake in Home Depot during the 3rd quarter worth approximately $41,000. Sugar Maple Asset Management LLC bought a new stake in Home Depot during the 4th quarter worth approximately $41,000. Finally, Finley Financial LLC bought a new stake in Home Depot during the 4th quarter worth approximately $59,000. 70.86% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on the company. DA Davidson boosted their price objective on Home Depot from $430.00 to $466.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Mizuho boosted their price objective on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. TD Cowen boosted their target price on Home Depot from $440.00 to $460.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. Stifel Nicolaus boosted their target price on Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Finally, Truist Financial boosted their target price on Home Depot from $465.00 to $467.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have given a buy rating to the company. According to MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and an average target price of $433.44.

Home Depot Trading Down 0.2 %

Home Depot stock opened at $394.63 on Friday. The stock has a market cap of $392.01 billion, a P/E ratio of 26.81, a PEG ratio of 4.12 and a beta of 1.05. The Home Depot, Inc. has a fifty-two week low of $323.77 and a fifty-two week high of $439.37. The firm’s fifty day moving average price is $402.77 and its 200-day moving average price is $397.00. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13.

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.