The Home Depot, Inc. (NYSE:HD) Shares Bought by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT lifted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 218,057 shares of the home improvement retailer’s stock after buying an additional 371 shares during the quarter. Home Depot makes up approximately 1.4% of Bradley Foster & Sargent Inc. CT’s investment portfolio, making the stock its 17th largest position. Bradley Foster & Sargent Inc. CT’s holdings in Home Depot were worth $84,822,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in 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 shares of Home Depot during the 4th quarter worth about $28,000. Legacy Investment Solutions LLC purchased a new position in Home Depot in the 3rd quarter valued at about $41,000. Sugar Maple Asset Management LLC purchased a new position in Home Depot in the 4th quarter valued at about $41,000. Finally, Finley Financial LLC acquired a new stake in Home Depot in the 4th quarter worth about $59,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Trading Down 2.5 %

NYSE HD opened at $384.82 on Friday. 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 has a market capitalization of $382.26 billion, a P/E ratio of 26.14, a PEG ratio of 4.04 and a beta of 1.05. The firm’s 50-day moving average is $402.13 and its two-hundred day moving average is $397.24. The Home Depot, Inc. has a 12 month low of $323.77 and a 12 month high of $439.37.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Truist Financial increased their target price on Home Depot from $465.00 to $467.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. TD Cowen increased their price objective on Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Bank of America lifted their target price on shares of Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Mizuho upped their target price on shares of Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. Finally, Wells Fargo & Company raised their price target on shares of Home Depot from $440.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, February 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’s stock. Based on data from MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and a consensus price target 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.