Woodard & Co. Asset Management Group Inc. ADV Acquires 407 Shares of The Home Depot, Inc. (NYSE:HD)

Woodard & Co. Asset Management Group Inc. ADV raised its holdings in The Home Depot, Inc. (NYSE:HD) by 4.5% in the 4th quarter, HoldingsChannel reports. The firm owned 9,392 shares of the home improvement retailer’s stock after purchasing an additional 407 shares during the quarter. Home Depot accounts for approximately 0.8% of Woodard & Co. Asset Management Group Inc. ADV’s portfolio, making the stock its 24th largest position. Woodard & Co. Asset Management Group Inc. ADV’s holdings in Home Depot were worth $3,653,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of HD. AMF Tjanstepension AB lifted its holdings in Home Depot by 10.8% during the 3rd quarter. AMF Tjanstepension AB now owns 171,005 shares of the home improvement retailer’s stock worth $69,340,000 after buying an additional 16,650 shares in the last quarter. SYM FINANCIAL Corp lifted its stake in shares of Home Depot by 17.8% during the third quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer’s stock valued at $777,000 after acquiring an additional 289 shares during the period. Wealth Group Ltd. acquired a new position in shares of Home Depot during the third quarter valued at $217,000. Swedbank AB boosted its holdings in Home Depot by 17.1% in the third quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer’s stock valued at $368,542,000 after acquiring an additional 132,967 shares during the last quarter. Finally, Cedrus LLC raised its holdings in Home Depot by 1.2% during the 3rd quarter. Cedrus LLC now owns 2,680 shares of the home improvement retailer’s stock worth $1,086,000 after purchasing an additional 32 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Analyst Ratings Changes

HD has been the topic of a number of research reports. TD Cowen upped their target price 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. Barclays raised their price objective on shares of Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Evercore ISI upped their target price 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. Morgan Stanley raised their target price on Home Depot from $380.00 to $450.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Finally, DA Davidson increased 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. One 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $433.44.

Home Depot Stock Performance

Shares of HD stock opened at $409.47 on Tuesday. The firm has a market cap of $406.75 billion, a PE ratio of 27.82, a P/E/G ratio of 4.22 and a beta of 1.05. The Home Depot, Inc. has a 12 month low of $323.77 and a 12 month high of $439.37. The company’s fifty day simple moving average is $404.49 and its 200-day simple moving average is $396.34. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

Insiders Place Their Bets

In other news, EVP Ann Marie Campbell sold 100 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $402.58, for a total value of $40,258.00. Following the completion of the sale, the executive vice president now owns 12,465 shares of the company’s stock, valued at approximately $5,018,159.70. This represents a 0.80 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.10% of the company’s stock.

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.