The Home Depot, Inc. (NYSE:HD) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its position in shares of The Home Depot, Inc. (NYSE:HD) by 5.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 192,493 shares of the home improvement retailer’s stock after selling 10,116 shares during the quarter. Sanctuary Advisors LLC’s holdings in Home Depot were worth $79,788,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC grew its holdings in shares of Home Depot by 51,250.1% during the third 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 buying an additional 8,762,735 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Home Depot during the 3rd quarter valued at about $336,231,000. FMR LLC grew its stake in shares of Home Depot by 10.1% during the third quarter. FMR LLC now owns 8,679,237 shares of the home improvement retailer’s stock valued at $3,516,827,000 after acquiring an additional 795,438 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew its position in shares of Home Depot by 295.6% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 693,318 shares of the home improvement retailer’s stock worth $280,932,000 after buying an additional 518,054 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in Home Depot by 37,025.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 480,780 shares of the home improvement retailer’s stock worth $187,019,000 after purchasing an additional 479,485 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Home Depot

In related news, EVP Ann Marie Campbell sold 100 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $402.58, for a total transaction of $40,258.00. Following the completion of the sale, the executive vice president now owns 12,465 shares of the company’s stock, valued at $5,018,159.70. This represents a 0.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.10% of the stock is currently owned by insiders.

Home Depot Stock Performance

Shares of NYSE:HD opened at $409.47 on Tuesday. The Home Depot, Inc. has a 12-month low of $323.77 and a 12-month high of $439.37. The company’s 50 day moving average price is $404.49 and its two-hundred day moving average price is $396.34. The firm has a market cap of $406.75 billion, a PE ratio of 27.82, a PEG ratio of 4.22 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.

Wall Street Analyst Weigh In

HD has been the subject of a number of analyst reports. Stifel Nicolaus boosted their target price on shares of Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Barclays boosted their target price on shares of Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Sanford C. Bernstein began coverage on shares of Home Depot in a report on Tuesday, October 22nd. They set a “market perform” rating and a $451.00 price target on the stock. Mizuho upped their price target on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Finally, Wells Fargo & Company upped their price objective on shares of Home Depot from $440.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, February 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $433.44.

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.