The Home Depot, Inc. (NYSE:HD) Shares Sold by Freedom Day Solutions LLC

Freedom Day Solutions LLC lessened its stake in The Home Depot, Inc. (NYSE:HD) by 1.3% during the fourth quarter, Holdings Channel reports. The firm owned 2,604 shares of the home improvement retailer’s stock after selling 34 shares during the period. Freedom Day Solutions LLC’s holdings in Home Depot were worth $1,013,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Synergy Asset Management LLC acquired a new position in shares of Home Depot during the 4th quarter valued at $26,000. Wingate Wealth Advisors Inc. acquired a new position in shares of Home Depot during the 4th quarter valued at $28,000. Legacy Investment Solutions LLC acquired a new position in shares of Home Depot during the 3rd quarter valued at $41,000. Sugar Maple Asset Management LLC acquired a new position in shares of Home Depot during the 4th quarter valued at $41,000. Finally, Finley Financial LLC acquired a new position in shares of Home Depot during the 4th quarter valued at $59,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Price Performance

Shares of NYSE:HD opened at $394.77 on Thursday. 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 Home Depot, Inc. has a fifty-two week low of $323.77 and a fifty-two week high of $439.37. The firm has a 50-day simple moving average of $403.17 and a 200 day simple moving average of $397.01. The company has a market cap of $392.15 billion, a PE ratio of 26.82, a P/E/G ratio of 4.18 and a beta of 1.05.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on HD shares. Evercore ISI lifted their target price on shares of Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. TD Cowen lifted their target price on shares of Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a report on Monday, October 28th. Stifel Nicolaus lifted their target price on shares of Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a report on Monday, November 11th. 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. Finally, 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. One research 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, Home Depot has a consensus rating of “Moderate Buy” and a consensus target price of $433.44.

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.