Investors Asset Management of Georgia Inc. GA ADV Has $5.49 Million Stock Position in The Home Depot, Inc. (NYSE:HD)

Investors Asset Management of Georgia Inc. GA ADV trimmed its holdings in The Home Depot, Inc. (NYSE:HD) by 1.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 14,116 shares of the home improvement retailer’s stock after selling 160 shares during the quarter. Home Depot comprises approximately 2.7% of Investors Asset Management of Georgia Inc. GA ADV’s portfolio, making the stock its 6th biggest position. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Home Depot were worth $5,491,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. AMF Tjanstepension AB raised its position in Home Depot by 10.8% in the third 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 period. SYM FINANCIAL Corp increased its stake in shares of Home Depot by 17.8% in the 3rd quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer’s stock worth $777,000 after purchasing an additional 289 shares in the last quarter. Wealth Group Ltd. bought a new position in Home Depot in the 3rd quarter worth $217,000. Swedbank AB grew its holdings in Home Depot by 17.1% during the third quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer’s stock valued at $368,542,000 after purchasing an additional 132,967 shares during the period. Finally, Waldron Private Wealth LLC increased its position in Home Depot by 6.1% in the third 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 Analyst Weigh In

HD has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. Bank of America upped their price target on shares of Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Mizuho raised their price objective on shares of Home Depot from $435.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. TD Cowen upped their target price on shares of Home Depot from $440.00 to $460.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $455.00 price target 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 assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $433.44.

Home Depot Trading Down 0.2 %

HD opened at $394.63 on Friday. The firm has a market cap of $392.01 billion, a price-to-earnings ratio of 26.81, a PEG ratio of 4.04 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 12 month low of $323.77 and a 12 month high of $439.37. The stock has a fifty day moving average price of $402.77 and a 200-day moving average price of $397.00.

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.