The Home Depot, Inc. (NYSE:HD) Position Increased by Aveo Capital Partners LLC

Aveo Capital Partners LLC grew its holdings in The Home Depot, Inc. (NYSE:HD) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,682 shares of the home improvement retailer’s stock after purchasing an additional 76 shares during the period. Aveo Capital Partners LLC’s holdings in Home Depot were worth $1,043,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new position in Home Depot in the fourth quarter worth $26,000. Wingate Wealth Advisors Inc. acquired a new stake in Home Depot in the fourth quarter worth about $28,000. Legacy Investment Solutions LLC bought a new position in Home Depot during the third quarter worth about $41,000. Sugar Maple Asset Management LLC bought a new position in Home Depot during the fourth quarter worth about $41,000. Finally, Livelsberger Financial Advisory bought a new position in shares of Home Depot during the 3rd quarter valued at about $46,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on HD shares. Evercore ISI boosted their target price on Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. TD Cowen boosted their price target 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 upped their price objective on Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Wells Fargo & Company upped their target price on Home Depot from $440.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, 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. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $433.44.

Home Depot Trading Down 0.7 %

Shares of NYSE:HD opened at $409.47 on Friday. The Home Depot, Inc. has a 12-month low of $323.77 and a 12-month high of $439.37. The business’s fifty day simple moving average is $404.49 and its 200-day simple moving average is $395.91. 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 company has a market capitalization of $406.75 billion, a PE ratio of 27.82, a P/E/G ratio of 4.22 and a beta of 1.05.

Insider Buying and Selling at Home Depot

In related news, EVP Timothy A. Hourigan sold 16,004 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $409.52, for a total value of $6,553,958.08. Following the completion of the transaction, the executive vice president now owns 77,475 shares of the company’s stock, valued at approximately $31,727,562. This represents a 17.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ann Marie Campbell sold 100 shares of the business’s 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 sale, the executive vice president now owns 12,465 shares of the company’s stock, valued at approximately $5,018,159.70. This trade represents a 0.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.10% of the company’s stock.

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.