Capital Advisory Group Advisory Services LLC Sells 38 Shares of The Home Depot, Inc. (NYSE:HD)

Capital Advisory Group Advisory Services LLC lessened its holdings in The Home Depot, Inc. (NYSE:HD) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,860 shares of the home improvement retailer’s stock after selling 38 shares during the quarter. Capital Advisory Group Advisory Services LLC’s holdings in Home Depot were worth $724,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. PYA Waltman Capital LLC increased its stake in shares of Home Depot by 1.2% in the fourth quarter. PYA Waltman Capital LLC now owns 10,270 shares of the home improvement retailer’s stock valued at $3,995,000 after buying an additional 124 shares during the period. Grove Street Fiduciary LLC bought a new stake in Home Depot in the fourth quarter valued at approximately $446,000. Compass Capital Corp MA ADV acquired a new stake in Home Depot during the 4th quarter valued at approximately $1,109,000. Cordatus Wealth Management LLC increased its position in Home Depot by 3.6% during the 4th quarter. Cordatus Wealth Management LLC now owns 5,809 shares of the home improvement retailer’s stock valued at $2,259,000 after purchasing an additional 204 shares during the period. Finally, Centricity Wealth Management LLC bought a new position in Home Depot during the 4th quarter worth approximately $498,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Home Depot Trading Down 2.5 %

NYSE HD opened at $384.82 on Friday. 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 firm 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 business has a fifty day simple moving average of $402.13 and a 200 day simple moving average of $397.24. The Home Depot, Inc. has a 12 month low of $323.77 and a 12 month high of $439.37.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on HD shares. Bank of America increased their price objective 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. Evercore ISI increased their price target on Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. Mizuho lifted their price objective on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Telsey Advisory Group restated an “outperform” rating and set a $455.00 target price on shares of Home Depot in a research report on Thursday. Finally, DA Davidson raised their target price on Home Depot from $430.00 to $466.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. One 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’s stock. Based on 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.