The Home Depot, Inc. (NYSE:HD) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC trimmed its position in The Home Depot, Inc. (NYSE:HD) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,669 shares of the home improvement retailer’s stock after selling 1,615 shares during the quarter. Home Depot accounts for 1.3% of Kintegral Advisory LLC’s portfolio, making the stock its 9th largest position. Kintegral Advisory LLC’s holdings in Home Depot were worth $13,486,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Synergy Asset Management LLC acquired a new position in Home Depot during the fourth quarter worth $26,000. Wingate Wealth Advisors Inc. acquired a new position in Home Depot during the fourth quarter worth $28,000. Legacy Investment Solutions LLC acquired a new position in Home Depot during the third quarter worth $41,000. Sugar Maple Asset Management LLC acquired a new position in Home Depot during the fourth quarter worth $41,000. Finally, Finley Financial LLC acquired a new position in Home Depot during the fourth quarter worth $59,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on HD. Royal Bank of Canada increased their target price on Home Depot from $363.00 to $413.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Mizuho increased their target price on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. increased their target price on Home Depot from $450.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. Bank of America increased their target price on Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $455.00 target price on shares of Home Depot in a report on Thursday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $433.44.

Home Depot Trading Down 2.5 %

NYSE HD opened at $384.82 on Friday. The firm has a market cap of $382.26 billion, a P/E ratio of 26.14, a P/E/G ratio of 4.04 and a beta of 1.05. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The stock’s 50-day moving average is $402.13 and its 200-day moving average is $397.24. The Home Depot, Inc. has a one year low of $323.77 and a one year high of $439.37.

Home Depot 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.