Rogco LP Has $2.73 Million Stock Position in The Home Depot, Inc. (NYSE:HD)

Rogco LP lessened its holdings in The Home Depot, Inc. (NYSE:HD) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,005 shares of the home improvement retailer’s stock after selling 133 shares during the period. Home Depot comprises 1.1% of Rogco LP’s holdings, making the stock its 19th biggest holding. Rogco LP’s holdings in Home Depot were worth $2,725,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. AMF Tjanstepension AB boosted its holdings in shares of Home Depot by 10.8% during the 3rd quarter. AMF Tjanstepension AB now owns 171,005 shares of the home improvement retailer’s stock valued at $69,340,000 after acquiring an additional 16,650 shares in the last quarter. SYM FINANCIAL Corp boosted its stake in shares of Home Depot by 17.8% during the third quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer’s stock valued at $777,000 after purchasing an additional 289 shares in the last quarter. Wealth Group Ltd. bought a new stake in shares of Home Depot during the third quarter worth about $217,000. Swedbank AB increased its stake in shares of Home Depot by 17.1% in the third quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer’s stock valued at $368,542,000 after buying an additional 132,967 shares during the period. Finally, Net Worth Advisory Group bought a new position in Home Depot in the 3rd quarter valued at approximately $647,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. TD Cowen upped their price target on shares of Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Royal Bank of Canada raised their target price on Home Depot from $363.00 to $413.00 and gave the stock a “sector perform” rating in a research report on Monday, November 11th. Bank of America lifted their target price on Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Morgan Stanley raised their price objective on Home Depot from $380.00 to $450.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Finally, JPMorgan Chase & Co. upped their target price on Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a report on Monday, February 10th. 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $433.44.

Home Depot Stock Down 0.7 %

Home Depot stock opened at $409.47 on Monday. The firm has a market capitalization of $406.75 billion, a price-to-earnings ratio of 27.82, a price-to-earnings-growth ratio of 4.22 and a beta of 1.05. The firm’s fifty day moving average price is $404.49 and its two-hundred day moving average price is $396.14. The Home Depot, Inc. has a 1-year low of $323.77 and a 1-year high of $439.37. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65.

Insider Buying and Selling

In related news, EVP Ann Marie Campbell sold 100 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $402.58, for a total transaction of $40,258.00. Following the completion of the sale, the executive vice president now owns 12,465 shares in the company, valued at approximately $5,018,159.70. This represents a 0.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.10% of the stock is currently owned by company insiders.

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.