Tcfg Wealth Management LLC Has $1.05 Million Holdings in The Home Depot, Inc. (NYSE:HD)

Tcfg Wealth Management LLC lessened its holdings in The Home Depot, Inc. (NYSE:HD) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,703 shares of the home improvement retailer’s stock after selling 81 shares during the quarter. Tcfg Wealth Management LLC’s holdings in Home Depot were worth $1,051,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in Home Depot in the 4th quarter valued at $26,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Home Depot in the 4th quarter worth about $28,000. Legacy Investment Solutions LLC acquired a new stake in shares of Home Depot during the 3rd quarter worth about $41,000. Sugar Maple Asset Management LLC bought a new position in Home Depot during the 4th quarter valued at about $41,000. Finally, Livelsberger Financial Advisory bought a new stake in Home Depot during the third quarter worth about $46,000. Institutional investors own 70.86% of the company’s stock.

Insider Activity

In other news, EVP Ann Marie Campbell sold 100 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $402.58, for a total value of $40,258.00. Following the completion of the transaction, the executive vice president now owns 12,465 shares of the company’s stock, valued at $5,018,159.70. The trade was a 0.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on HD shares. Mizuho boosted their target price on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. Royal Bank of Canada increased their target price on Home Depot from $363.00 to $413.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Wells Fargo & Company lifted their price target on Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday. JPMorgan Chase & Co. increased their price objective on shares of Home Depot from $450.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. Finally, Telsey Advisory Group upgraded shares of Home Depot from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $360.00 to $455.00 in a research report on Friday, November 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $433.44.

Home Depot Stock Performance

Shares of Home Depot stock opened at $409.47 on Monday. The firm has a fifty day moving average of $404.49 and a two-hundred day moving average of $396.14. The stock has a market capitalization of $406.75 billion, a price-to-earnings ratio of 27.82, a PEG ratio of 4.22 and a beta of 1.05. The Home Depot, Inc. has a 52 week low of $323.77 and a 52 week high of $439.37. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13.

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.