Braun Stacey Associates Inc. grew its holdings in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 2.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,490 shares of the home improvement retailer's stock after acquiring an additional 1,264 shares during the quarter. Braun Stacey Associates Inc.'s holdings in Home Depot were worth $20,807,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of HD. Geode Capital Management LLC increased its holdings in Home Depot by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 21,700,427 shares of the home improvement retailer's stock worth $8,767,449,000 after purchasing an additional 433,126 shares in the last quarter. Fisher Asset Management LLC boosted its position in Home Depot by 2.2% during the 3rd quarter. Fisher Asset Management LLC now owns 9,426,649 shares of the home improvement retailer's stock worth $3,819,679,000 after buying an additional 205,954 shares during the period. International Assets Investment Management LLC boosted its position in Home Depot by 51,250.1% during the 3rd quarter. International Assets Investment Management LLC now owns 8,779,833 shares of the home improvement retailer's stock worth $35,575,880,000 after buying an additional 8,762,735 shares during the period. FMR LLC boosted its position in Home Depot by 10.1% during the 3rd quarter. FMR LLC now owns 8,679,237 shares of the home improvement retailer's stock worth $3,516,827,000 after buying an additional 795,438 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Home Depot by 5.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,030,483 shares of the home improvement retailer's stock worth $3,253,952,000 after buying an additional 409,890 shares during the period. Institutional investors and hedge funds own 70.86% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on HD. Telsey Advisory Group restated an "outperform" rating and issued a $455.00 price objective on shares of Home Depot in a report on Thursday. TD Cowen lifted their price objective on Home Depot from $440.00 to $460.00 and gave the stock a "buy" rating in a research note on Monday, October 28th. Royal Bank of Canada lifted their price objective on Home Depot from $363.00 to $413.00 and gave the stock a "sector perform" rating in a research note on Monday, November 11th. Bank of America lifted their price objective on Home Depot from $425.00 to $450.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th. Finally, DA Davidson increased their price objective on shares of Home Depot from $430.00 to $466.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have issued a buy rating to the company's stock. Based on data from MarketBeat, Home Depot presently has a consensus rating of "Moderate Buy" and an average target price of $433.44.
Read Our Latest Stock Analysis on Home Depot
Home Depot Stock Performance
HD stock traded down $9.82 during mid-day 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 cap of $382.26 billion, a PE ratio of 26.14, a price-to-earnings-growth ratio of 4.04 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 Home Depot, Inc. has a 12 month low of $323.77 and a 12 month high of $439.37. The stock's fifty day moving average price is $402.77 and its two-hundred day moving average price is $397.00.
Home Depot Profile
(
Free Report)
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.
Read More

Before you consider Home Depot, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Home Depot wasn't on the list.
While Home Depot currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.