Boston Financial Mangement LLC Buys 663 Shares of The Home Depot, Inc. (NYSE:HD)

Boston Financial Mangement LLC grew its stake in The Home Depot, Inc. (NYSE:HD) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,103 shares of the home improvement retailer’s stock after purchasing an additional 663 shares during the period. Boston Financial Mangement LLC’s holdings in Home Depot were worth $19,100,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of HD. AMF Tjanstepension AB grew its position 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 acquiring an additional 16,650 shares during the last quarter. SYM FINANCIAL Corp lifted its holdings in Home Depot by 17.8% during the 3rd quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer’s stock worth $777,000 after buying an additional 289 shares in the last quarter. Wealth Group Ltd. acquired a new position in Home Depot during the 3rd quarter worth $217,000. Swedbank AB lifted its holdings in Home Depot by 17.1% during the 3rd quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer’s stock worth $368,542,000 after buying an additional 132,967 shares in the last quarter. Finally, Waldron Private Wealth LLC lifted its holdings in Home Depot by 6.1% during the 3rd quarter. Waldron Private Wealth LLC now owns 11,120 shares of the home improvement retailer’s stock worth $4,506,000 after buying an additional 644 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on HD shares. Barclays increased their price target on Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. DA Davidson increased their price target on Home Depot from $430.00 to $466.00 and gave the company a “buy” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. increased their price target on Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Royal Bank of Canada increased their price target on Home Depot from $363.00 to $413.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. Finally, Evercore ISI increased their price target on Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a research note 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 company. According to data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus price target of $433.44.

Home Depot Price Performance

HD stock opened at $394.63 on Friday. The stock has a 50-day moving average price of $402.77 and a two-hundred day moving average price of $397.00. The stock has a market cap of $392.01 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 4.12 and a beta of 1.05. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The Home Depot, Inc. has a 1 year low of $323.77 and a 1 year 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.