2,122 Shares in The Home Depot, Inc. (NYSE:HD) Bought by Advyzon Investment Management LLC

Advyzon Investment Management LLC purchased a new position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,122 shares of the home improvement retailer's stock, valued at approximately $825,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HD. POM Investment Strategies LLC lifted its stake in shares of Home Depot by 1.1% in the 4th quarter. POM Investment Strategies LLC now owns 2,117 shares of the home improvement retailer's stock valued at $824,000 after purchasing an additional 24 shares during the last quarter. Center for Financial Planning Inc. lifted its position in shares of Home Depot by 0.5% in the fourth quarter. Center for Financial Planning Inc. now owns 4,653 shares of the home improvement retailer's stock worth $1,810,000 after buying an additional 24 shares during the last quarter. Insight Inv LLC boosted its stake in shares of Home Depot by 2.0% during the 3rd quarter. Insight Inv LLC now owns 1,246 shares of the home improvement retailer's stock worth $505,000 after acquiring an additional 25 shares in the last quarter. Marino Stram & Associates LLC increased its holdings in shares of Home Depot by 2.3% during the 4th quarter. Marino Stram & Associates LLC now owns 1,108 shares of the home improvement retailer's stock valued at $431,000 after acquiring an additional 25 shares during the last quarter. Finally, Live Oak Private Wealth LLC raised its stake in shares of Home Depot by 0.5% in the 4th quarter. Live Oak Private Wealth LLC now owns 4,915 shares of the home improvement retailer's stock valued at $1,912,000 after acquiring an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on HD shares. Telsey Advisory Group restated an "outperform" rating and issued a $455.00 price objective on shares of Home Depot in a research note on Thursday. Wells Fargo & Company raised their price target on Home Depot from $440.00 to $450.00 and gave the company an "overweight" rating in a research report on Thursday, February 13th. Truist Financial increased their target price on Home Depot from $465.00 to $467.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Stifel Nicolaus upped their price target on Home Depot from $375.00 to $400.00 and gave the stock a "hold" rating in a report on Monday, November 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Home Depot from $450.00 to $475.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. One analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $433.44.

Home Depot Trading Down 2.5 %

NYSE:HD traded down $9.82 during trading hours on Friday, hitting $384.82. The stock had a trading volume of 3,614,565 shares, compared to its average volume of 3,012,217. The business's 50 day moving average is $402.77 and its 200-day moving average is $397.00. 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 market cap of $382.26 billion, a price-to-earnings ratio of 26.14, a P/E/G ratio of 4.04 and a beta of 1.05. The Home Depot, Inc. has a one year low of $323.77 and a one year 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.