The Home Depot, Inc. (NYSE:HD) Shares Purchased by Nicholson Wealth Management Group LLC

Nicholson Wealth Management Group LLC raised its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 39.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,892 shares of the home improvement retailer's stock after purchasing an additional 1,389 shares during the quarter. Home Depot comprises approximately 1.3% of Nicholson Wealth Management Group LLC's portfolio, making the stock its 10th largest holding. Nicholson Wealth Management Group LLC's holdings in Home Depot were worth $1,903,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in shares of Home Depot by 2.0% in the third quarter. Geode Capital Management LLC now owns 21,700,427 shares of the home improvement retailer's stock valued at $8,767,449,000 after acquiring an additional 433,126 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Home Depot by 2.2% in the third quarter. Fisher Asset Management LLC now owns 9,426,649 shares of the home improvement retailer's stock valued at $3,819,679,000 after acquiring an additional 205,954 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Home Depot by 51,250.1% in the third quarter. International Assets Investment Management LLC now owns 8,779,833 shares of the home improvement retailer's stock valued at $35,575,880,000 after acquiring an additional 8,762,735 shares in the last quarter. FMR LLC boosted its holdings in shares of Home Depot by 10.1% in the third quarter. FMR LLC now owns 8,679,237 shares of the home improvement retailer's stock valued at $3,516,827,000 after acquiring an additional 795,438 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Home Depot by 5.4% in the third 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 valued at $3,253,952,000 after acquiring an additional 409,890 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Home Depot Trading Down 2.5 %

Shares of NYSE:HD traded down $9.82 during trading on Friday, reaching $384.82. The stock had a trading volume of 5,284,208 shares, compared to its average volume of 3,076,670. The business has a fifty day moving average price of $402.77 and a 200-day moving average price 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 stock has a market cap of $382.26 billion, a P/E ratio of 26.14, a PEG ratio of 4.04 and a beta of 1.05. The Home Depot, Inc. has a fifty-two week low of $323.77 and a fifty-two week high of $439.37.

Analyst Upgrades and Downgrades

A number of analysts recently commented on HD shares. Wells Fargo & Company boosted their price objective on shares of Home Depot from $440.00 to $450.00 and gave the stock an "overweight" rating in a report on Thursday, February 13th. DA Davidson boosted their price objective on shares of Home Depot from $430.00 to $466.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Truist Financial boosted their price objective on shares of Home Depot from $465.00 to $467.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. JPMorgan Chase & Co. boosted their price objective 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. Finally, Royal Bank of Canada boosted their price objective on shares of Home Depot from $363.00 to $413.00 and gave the stock a "sector perform" rating in a report on Monday, November 11th. 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. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $433.44.

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.