Bigelow Investment Advisors LLC Sells 277 Shares of The Home Depot, Inc. (NYSE:HD)

Bigelow Investment Advisors LLC lessened its position in shares of The Home Depot, Inc. (NYSE:HD) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,223 shares of the home improvement retailer’s stock after selling 277 shares during the period. Bigelow Investment Advisors LLC’s holdings in Home Depot were worth $1,254,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in HD. Synergy Asset Management LLC acquired a new position in Home Depot during the 4th quarter worth approximately $26,000. Wingate Wealth Advisors Inc. acquired a new position in Home Depot in the 4th quarter valued at approximately $28,000. Legacy Investment Solutions LLC acquired a new position in Home Depot in the 3rd quarter valued at approximately $41,000. Sugar Maple Asset Management LLC acquired a new position in Home Depot in the 4th quarter valued at approximately $41,000. Finally, Livelsberger Financial Advisory acquired a new position in Home Depot in the 3rd quarter valued at approximately $46,000. Institutional investors own 70.86% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on HD. Mizuho upped their price target on shares of Home Depot from $435.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Royal Bank of Canada upped their price objective on shares of Home Depot from $363.00 to $413.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. Barclays upped their price objective 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. Evercore ISI upped their price objective on shares of Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Finally, Truist Financial increased their target price on shares of Home Depot from $465.00 to $467.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. One analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $433.44.

Home Depot Stock Performance

NYSE HD opened at $402.76 on Wednesday. The company has a market capitalization of $400.08 billion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 4.18 and a beta of 1.05. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13. The company has a 50-day simple moving average of $403.70 and a 200 day simple moving average of $397.03. The Home Depot, Inc. has a 52-week low of $323.77 and a 52-week high of $439.37.

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.