2,725 Shares in The Home Depot, Inc. (NYSE:HD) Bought by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV bought a new position in shares of The Home Depot, Inc. (NYSE:HD) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 2,725 shares of the home improvement retailer’s stock, valued at approximately $1,109,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HD. AMF Tjanstepension AB grew its stake in Home Depot by 10.8% during the 3rd quarter. AMF Tjanstepension AB now owns 171,005 shares of the home improvement retailer’s stock worth $69,340,000 after buying an additional 16,650 shares during the last quarter. SYM FINANCIAL Corp grew its stake in Home Depot by 17.8% during the 3rd quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer’s stock valued at $777,000 after purchasing an additional 289 shares during the last quarter. Wealth Group Ltd. purchased a new stake in Home Depot during the 3rd quarter valued at about $217,000. Swedbank AB grew its stake in Home Depot by 17.1% during the 3rd quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer’s stock valued at $368,542,000 after purchasing an additional 132,967 shares during the last quarter. Finally, Waldron Private Wealth LLC grew its stake in Home Depot by 6.1% during the 3rd quarter. Waldron Private Wealth LLC now owns 11,120 shares of the home improvement retailer’s stock valued at $4,506,000 after purchasing an additional 644 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Bank of America boosted their price target on Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Telsey Advisory Group reiterated an “outperform” rating and set a $455.00 price target on shares of Home Depot in a research note on Thursday. Barclays boosted their price objective on Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Stifel Nicolaus boosted their price objective on Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a report on Monday, November 11th. Finally, TD Cowen boosted their price objective on Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-one have issued a buy rating to the company’s stock. According to MarketBeat, Home Depot has an average rating of “Moderate Buy” and an average price target of $433.44.

Home Depot Trading Down 0.2 %

HD opened at $394.63 on Friday. The Home Depot, Inc. has a 52 week low of $323.77 and a 52 week high of $439.37. The business has a fifty day simple moving average of $402.77 and a 200-day simple moving average of $397.00. The firm has a market cap of $392.01 billion, a P/E ratio of 26.81, a P/E/G ratio of 4.04 and a beta of 1.05. The company has a quick ratio of 0.31, a current ratio of 1.13 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.