The Home Depot, Inc. (NYSE:HD) Shares Purchased by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT raised its position in The Home Depot, Inc. (NYSE:HD) by 0.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 218,057 shares of the home improvement retailer’s stock after acquiring an additional 371 shares during the quarter. Home Depot comprises approximately 1.4% of Bradley Foster & Sargent Inc. CT’s holdings, making the stock its 17th largest position. Bradley Foster & Sargent Inc. CT’s holdings in Home Depot were worth $84,822,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of HD. Synergy Asset Management LLC purchased a new position in Home Depot in the fourth quarter valued at $26,000. Wingate Wealth Advisors Inc. acquired a new stake in Home Depot in the 4th quarter valued at about $28,000. Legacy Investment Solutions LLC acquired a new stake in Home Depot in the 3rd quarter valued at about $41,000. Sugar Maple Asset Management LLC purchased a new position in shares of Home Depot in the 4th quarter valued at about $41,000. Finally, Finley Financial LLC acquired a new position in shares of Home Depot during the fourth quarter worth about $59,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Trading Down 2.5 %

Shares of Home Depot stock opened at $384.82 on Friday. 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 company has a market capitalization of $382.26 billion, a P/E ratio of 26.14, a PEG ratio of 4.04 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’s fifty day moving average is $402.13 and its two-hundred day moving average is $397.24.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on HD. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $455.00 target price on shares of Home Depot in a report on Thursday. Truist Financial raised their price objective on shares of Home Depot from $465.00 to $467.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Evercore ISI boosted their target price 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. Royal Bank of Canada raised their price target on Home Depot from $363.00 to $413.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. Finally, DA Davidson upped their price objective on Home Depot from $430.00 to $466.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have assigned a buy rating to the stock. Based on data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price 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.