Compass Capital Corp MA ADV Invests $1.11 Million in The Home Depot, Inc. (NYSE:HD)

Compass Capital Corp MA ADV bought a new position in The Home Depot, Inc. (NYSE:HD - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,725 shares of the home improvement retailer's stock, valued at approximately $1,109,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Synergy Asset Management LLC purchased a new position in Home Depot in the 4th quarter worth approximately $26,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Home Depot in the fourth quarter worth $28,000. Legacy Investment Solutions LLC purchased a new position in shares of Home Depot in the third quarter worth $41,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Home Depot during the fourth quarter valued at $41,000. Finally, Finley Financial LLC bought a new stake in Home Depot in the 4th quarter worth about $59,000. Institutional investors own 70.86% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on HD shares. Mizuho raised their price target on shares of Home Depot from $435.00 to $440.00 and gave the company an "outperform" rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. raised their target price on shares of Home Depot from $450.00 to $475.00 and gave the stock an "overweight" rating in a report on Monday, February 10th. TD Cowen boosted their target price on shares of Home Depot from $440.00 to $460.00 and gave the company a "buy" rating in a research note on Monday, October 28th. Telsey Advisory Group restated an "outperform" rating and issued a $455.00 price target on shares of Home Depot in a research note on Thursday. Finally, Wells Fargo & Company upped their price objective on Home Depot from $440.00 to $450.00 and gave the company an "overweight" rating in a research report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-one have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $433.44.

Home Depot Price Performance

HD stock traded down $9.82 during trading on Friday, hitting $384.82. 5,284,208 shares of the company's stock traded hands, compared to its average volume of 3,076,670. The Home Depot, Inc. has a 52 week low of $323.77 and a 52 week high of $439.37. The stock has a market capitalization 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 business has a fifty day simple moving average of $402.77 and a 200 day simple moving average of $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.

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.