3,229 Shares in The Home Depot, Inc. (NYSE:HD) Acquired by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC purchased a new position in The Home Depot, Inc. (NYSE:HD - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,229 shares of the home improvement retailer's stock, valued at approximately $1,256,000.

A number of other institutional investors have also recently made changes to their positions in the company. AMF Tjanstepension AB lifted its position in shares of Home Depot by 10.8% in the 3rd quarter. AMF Tjanstepension AB now owns 171,005 shares of the home improvement retailer's stock worth $69,340,000 after purchasing an additional 16,650 shares during the period. SYM FINANCIAL Corp boosted its position in Home Depot by 17.8% during 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 in the last quarter. Wealth Group Ltd. purchased a new position in shares of Home Depot in the 3rd quarter valued at $217,000. Swedbank AB raised its position in shares of Home Depot by 17.1% in the 3rd quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer's stock worth $368,542,000 after acquiring an additional 132,967 shares in the last quarter. Finally, Trilogy Capital Inc. lifted its stake in shares of Home Depot by 1.5% during the 3rd quarter. Trilogy Capital Inc. now owns 2,910 shares of the home improvement retailer's stock worth $1,179,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company's stock.

Home Depot Price Performance

Shares of NYSE HD traded down $9.82 during trading on Friday, hitting $384.82. The company had a trading volume of 5,284,208 shares, compared to its average volume of 3,076,670. The firm 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. The stock has a fifty day simple moving average of $402.77 and a two-hundred day simple moving average of $397.00. 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 Home Depot, Inc. has a fifty-two week low of $323.77 and a fifty-two week high of $439.37.

Analyst Ratings Changes

A number of equities analysts have commented on HD shares. Telsey Advisory Group reiterated an "outperform" rating and issued a $455.00 target price on shares of Home Depot in a report on Thursday. Evercore ISI boosted their price objective on shares of Home Depot from $420.00 to $430.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 13th. Truist Financial raised their target price on shares of Home Depot from $465.00 to $467.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Wells Fargo & Company upped their price target on Home Depot from $440.00 to $450.00 and gave the stock an "overweight" rating in a research report on Thursday, February 13th. Finally, Bank of America increased their price objective on Home Depot from $425.00 to $450.00 and gave the company a "buy" rating in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-one have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $433.44.

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.