Bryn Mawr Capital Management LLC Decreases Stock Holdings in The Home Depot, Inc. (NYSE:HD)

Bryn Mawr Capital Management LLC reduced its stake in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 74.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,367 shares of the home improvement retailer's stock after selling 39,862 shares during the quarter. Bryn Mawr Capital Management LLC's holdings in Home Depot were worth $5,200,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. POM Investment Strategies LLC lifted its stake in 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 worth $824,000 after purchasing an additional 24 shares in the last quarter. Center for Financial Planning Inc. lifted its stake in Home Depot by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 4,653 shares of the home improvement retailer's stock worth $1,810,000 after purchasing an additional 24 shares in the last quarter. Insight Inv LLC lifted its stake in Home Depot by 2.0% in the 3rd quarter. Insight Inv LLC now owns 1,246 shares of the home improvement retailer's stock worth $505,000 after purchasing an additional 25 shares in the last quarter. Marino Stram & Associates LLC lifted its stake in Home Depot by 2.3% in the 4th quarter. Marino Stram & Associates LLC now owns 1,108 shares of the home improvement retailer's stock worth $431,000 after purchasing an additional 25 shares in the last quarter. Finally, Live Oak Private Wealth LLC raised its position in shares of Home Depot by 0.5% during 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 buying an additional 25 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently commented on HD. TD Cowen lifted their price target on shares of Home Depot from $440.00 to $460.00 and gave the company a "buy" rating in a research report on Monday, October 28th. Evercore ISI lifted their price target on shares of Home Depot from $420.00 to $430.00 and gave the company an "outperform" rating in a research report on Wednesday, November 13th. Royal Bank of Canada lifted their price target on shares of Home Depot from $363.00 to $413.00 and gave the company a "sector perform" rating in a research report on Monday, November 11th. DA Davidson lifted their price target on shares of Home Depot from $430.00 to $466.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Finally, Mizuho lifted 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. One investment 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 stock. According to MarketBeat.com, Home Depot presently has a consensus rating of "Moderate Buy" and an average target price of $433.44.

Home Depot Stock Down 2.6 %

Shares of NYSE:HD traded down $10.41 during trading on Friday, hitting $384.23. The company's stock had a trading volume of 3,004,073 shares, compared to its average volume of 3,002,329. The business has a 50 day moving average price of $402.77 and a two-hundred day moving average price of $397.00. The company has a market capitalization of $381.68 billion, a PE ratio of 26.16, a P/E/G 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 fifty-two week low of $323.77 and a fifty-two 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.