Capital Advisory Group Advisory Services LLC Sells 38 Shares of The Home Depot, Inc. (NYSE:HD)

Capital Advisory Group Advisory Services LLC lessened its holdings in The Home Depot, Inc. (NYSE:HD) by 2.0% in the fourth quarter, Holdings Channel reports. The firm owned 1,860 shares of the home improvement retailer’s stock after selling 38 shares during the period. Capital Advisory Group Advisory Services LLC’s holdings in Home Depot were worth $724,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of HD. AMF Tjanstepension AB raised its stake in shares of Home Depot by 10.8% in the third quarter. AMF Tjanstepension AB now owns 171,005 shares of the home improvement retailer’s stock valued at $69,340,000 after buying an additional 16,650 shares during the period. SYM FINANCIAL Corp raised its stake in Home Depot by 17.8% in the 3rd quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer’s stock valued at $777,000 after acquiring an additional 289 shares during the period. Wealth Group Ltd. bought a new stake in Home Depot in the 3rd quarter valued at about $217,000. Swedbank AB lifted its holdings in Home Depot by 17.1% during the third 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, Syntegra Private Wealth Group LLC boosted its position in Home Depot by 3.1% during the third quarter. Syntegra Private Wealth Group LLC now owns 3,389 shares of the home improvement retailer’s stock worth $1,373,000 after purchasing an additional 102 shares during the period. Institutional investors own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HD. Truist Financial boosted their price target on shares of Home Depot from $465.00 to $467.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Wells Fargo & Company lifted their price objective on shares of Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, February 13th. Mizuho increased their target price on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. TD Cowen lifted their price target on Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $455.00 price objective on shares of Home Depot in a research note on Thursday. 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.com, Home Depot presently has an average rating of “Moderate Buy” and a consensus price target of $433.44.

Home Depot Trading Down 2.5 %

Shares of HD stock opened at $384.82 on Friday. The business has a 50-day moving average price of $402.13 and a two-hundred day moving average price of $397.24. The Home Depot, Inc. has a 12-month low of $323.77 and a 12-month high of $439.37. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. The firm has a market cap of $382.26 billion, a P/E ratio of 26.14, a price-to-earnings-growth ratio of 4.04 and a beta of 1.05.

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.