Physicians Financial Services Inc. Sells 50 Shares of The Home Depot, Inc. (NYSE:HD)

Physicians Financial Services Inc. lowered its position in The Home Depot, Inc. (NYSE:HD) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,628 shares of the home improvement retailer’s stock after selling 50 shares during the period. Home Depot accounts for 1.4% of Physicians Financial Services Inc.’s portfolio, making the stock its 17th largest holding. Physicians Financial Services Inc.’s holdings in Home Depot were worth $4,523,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in shares of Home Depot during the 4th quarter valued at about $26,000. Wingate Wealth Advisors Inc. acquired a new position in Home Depot during the fourth quarter valued at approximately $28,000. Legacy Investment Solutions LLC acquired a new position in Home Depot during the third quarter valued at approximately $41,000. Sugar Maple Asset Management LLC bought a new position in shares of Home Depot in the fourth quarter valued at approximately $41,000. Finally, Finley Financial LLC acquired a new stake in shares of Home Depot in the fourth quarter worth $59,000. Institutional investors own 70.86% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on HD shares. Barclays raised 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. DA Davidson raised their price target on Home Depot from $430.00 to $466.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Royal Bank of Canada boosted their price objective on Home Depot from $363.00 to $413.00 and gave the stock a “sector perform” rating in a research report on Monday, November 11th. TD Cowen raised their target price on Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a report on Monday, October 28th. Finally, Mizuho upped their price target on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have given a buy rating to the company’s stock. According to MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and a consensus price target of $433.44.

Home Depot Stock Performance

Shares of NYSE:HD opened at $384.82 on Friday. 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 business’s fifty day moving average price is $402.13 and its two-hundred day moving average price is $397.24. The Home Depot, Inc. has a fifty-two week low of $323.77 and a fifty-two week high of $439.37. The stock has a market capitalization of $382.26 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 4.04 and a beta of 1.05.

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.