Ieq Capital LLC Has $38.26 Million Stock Holdings in The Home Depot, Inc. (NYSE:HD)

Ieq Capital LLC lifted its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 8.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 98,346 shares of the home improvement retailer's stock after purchasing an additional 7,381 shares during the quarter. Ieq Capital LLC's holdings in Home Depot were worth $38,256,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. AMF Tjanstepension AB lifted its holdings in shares of Home Depot by 10.8% in the third quarter. AMF Tjanstepension AB now owns 171,005 shares of the home improvement retailer's stock valued at $69,340,000 after buying an additional 16,650 shares during the period. SYM FINANCIAL Corp raised its position in Home Depot by 17.8% in the third quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer's stock worth $777,000 after acquiring an additional 289 shares in the last quarter. Wealth Group Ltd. acquired a new stake in Home Depot in the 3rd quarter valued at about $217,000. Swedbank AB boosted its position in shares of Home Depot by 17.1% during the 3rd quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer's stock valued at $368,542,000 after purchasing an additional 132,967 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its stake in shares of Home Depot by 66.6% in the 3rd quarter. Foundations Investment Advisors LLC now owns 20,194 shares of the home improvement retailer's stock worth $8,182,000 after purchasing an additional 8,075 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Stock Down 2.6 %

HD stock traded down $10.41 during trading hours 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 stock has a 50 day moving average price of $402.77 and a two-hundred day moving average price of $397.00. The Home Depot, Inc. has a 12 month low of $323.77 and a 12 month high of $439.37. The company has a market capitalization of $381.68 billion, a PE ratio of 26.16, a price-to-earnings-growth ratio of 4.04 and a beta of 1.05. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Stifel Nicolaus increased their target price on shares of Home Depot from $375.00 to $400.00 and gave the company a "hold" rating in a research note on Monday, November 11th. Bank of America raised 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. Wells Fargo & Company upped their target price on Home Depot from $440.00 to $450.00 and gave the company an "overweight" rating in a report on Thursday, February 13th. TD Cowen lifted their price target on Home Depot from $440.00 to $460.00 and gave the stock a "buy" rating in a research note on Monday, October 28th. Finally, Mizuho boosted their price objective on Home Depot from $435.00 to $440.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average 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.