Your Advocates Ltd. LLP Has $72,000 Stock Position in The Home Depot, Inc. (NYSE:HD)

Your Advocates Ltd. LLP increased its stake in shares of The Home Depot, Inc. (NYSE:HD) by 27.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 186 shares of the home improvement retailer’s stock after buying an additional 40 shares during the period. Your Advocates Ltd. LLP’s holdings in Home Depot were worth $72,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Synergy Asset Management LLC acquired a new position in Home Depot during the 4th quarter valued at about $26,000. Wingate Wealth Advisors Inc. acquired a new position in Home Depot during the 4th quarter valued at about $28,000. Legacy Investment Solutions LLC acquired a new position in Home Depot during the 3rd quarter valued at about $41,000. Sugar Maple Asset Management LLC acquired a new position in Home Depot during the 4th quarter valued at about $41,000. Finally, Marshall Investment Management LLC acquired a new position in Home Depot during the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on HD shares. TD Cowen upped their target price on shares of Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $455.00 price target on shares of Home Depot in a research note on Thursday. JPMorgan Chase & Co. upped their price target on Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Evercore ISI upped their price target on Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Finally, Bank of America increased their target price on Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. One research 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 MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and an average price target of $433.44.

Home Depot Trading Down 2.5 %

Shares of Home Depot stock opened at $384.82 on Friday. The business has a fifty day simple moving average of $402.13 and a two-hundred day simple moving average of $397.54. The Home Depot, Inc. has a 1 year low of $323.77 and a 1 year high of $439.37. The company has a market capitalization of $382.26 billion, a price-to-earnings ratio of 26.14, a P/E/G ratio of 4.03 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.

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.