Nicholson Wealth Management Group LLC Has $1.90 Million Stock Position in The Home Depot, Inc. (NYSE:HD)

Nicholson Wealth Management Group LLC lifted its holdings in The Home Depot, Inc. (NYSE:HD) by 39.7% in the fourth quarter, HoldingsChannel reports. The fund owned 4,892 shares of the home improvement retailer’s stock after buying an additional 1,389 shares during the period. Home Depot makes up 1.3% of Nicholson Wealth Management Group LLC’s investment portfolio, making the stock its 10th biggest position. Nicholson Wealth Management Group LLC’s holdings in Home Depot were worth $1,903,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Geode Capital Management LLC lifted its holdings in shares of Home Depot by 2.0% in the 3rd 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 during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Home Depot by 2.2% in the 3rd quarter. Fisher Asset Management LLC now owns 9,426,649 shares of the home improvement retailer’s stock worth $3,819,679,000 after acquiring an additional 205,954 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Home Depot by 51,250.1% in the 3rd quarter. International Assets Investment Management LLC now owns 8,779,833 shares of the home improvement retailer’s stock worth $35,575,880,000 after acquiring an additional 8,762,735 shares during the last quarter. FMR LLC lifted its holdings in shares of Home Depot by 10.1% in the 3rd quarter. FMR LLC now owns 8,679,237 shares of the home improvement retailer’s stock worth $3,516,827,000 after acquiring an additional 795,438 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Home Depot by 5.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,030,483 shares of the home improvement retailer’s stock worth $3,253,952,000 after acquiring an additional 409,890 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Barclays boosted their price objective on shares of Home Depot from $372.00 to $420.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Bank of America upped their price target on shares of Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a report 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 report on Thursday. Truist Financial upped their price target 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. Finally, Evercore ISI upped their price target on shares of Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-one have assigned a buy rating to the stock. According to data from MarketBeat, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus target price of $433.44.

Home Depot Stock Down 0.2 %

NYSE:HD opened at $394.63 on Friday. The firm’s 50-day moving average price is $402.77 and its 200-day moving average price is $397.00. The company has a market capitalization of $392.01 billion, a PE ratio of 26.81, a P/E/G ratio of 4.12 and a beta of 1.05. 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 Home Depot, Inc. has a 1-year low of $323.77 and a 1-year high of $439.37.

Home Depot 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.