16,630 Shares in The Home Depot, Inc. (NYSE:HD) Bought by ST. Nicholas Private Asset Management Inc.

ST. Nicholas Private Asset Management Inc. purchased a new stake in The Home Depot, Inc. (NYSE:HD) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,630 shares of the home improvement retailer’s stock, valued at approximately $6,469,000. Home Depot accounts for 5.8% of ST. Nicholas Private Asset Management Inc.’s investment portfolio, making the stock its 5th biggest position.

A number of other institutional investors also recently modified their holdings of the company. Fisher Funds Management LTD bought a new position in Home Depot in the fourth quarter valued at $27,798,000. Richardson Capital Management LLC grew its holdings in shares of Home Depot by 303.2% in the 4th quarter. Richardson Capital Management LLC now owns 250 shares of the home improvement retailer’s stock valued at $97,000 after acquiring an additional 188 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in shares of Home Depot by 1.1% in the 4th quarter. First Horizon Advisors Inc. now owns 116,491 shares of the home improvement retailer’s stock valued at $45,314,000 after acquiring an additional 1,229 shares in the last quarter. Olympiad Research LP acquired a new stake in shares of Home Depot in the fourth quarter valued at about $212,000. Finally, Pinnacle Financial Partners Inc raised its holdings in Home Depot by 0.8% during the fourth quarter. Pinnacle Financial Partners Inc now owns 107,434 shares of the home improvement retailer’s stock worth $42,008,000 after acquiring an additional 893 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Barclays raised their price target on Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. TD Cowen raised their target price on shares of Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Evercore ISI boosted their target price on shares of Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. increased their price target on shares of Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Finally, Telsey Advisory Group restated 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 assigned a hold rating and twenty-one have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $433.44.

Home Depot Price Performance

Shares of NYSE HD opened at $384.82 on Friday. The business has a fifty day moving average price of $402.13 and a two-hundred day moving average price of $397.54. The stock has a market capitalization of $382.26 billion, a PE 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. The Home Depot, Inc. has a fifty-two week low of $323.77 and a fifty-two week high of $439.37.

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.