Fishman Jay A Ltd. MI Has $24.16 Million Stock Position in The Home Depot, Inc. (NYSE:HD)

Fishman Jay A Ltd. MI increased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 0.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,100 shares of the home improvement retailer’s stock after purchasing an additional 54 shares during the period. Home Depot makes up about 2.3% of Fishman Jay A Ltd. MI’s holdings, making the stock its 12th biggest position. Fishman Jay A Ltd. MI’s holdings in Home Depot were worth $24,156,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Augustine Asset Management Inc. grew its stake in shares of Home Depot by 3.8% in the 4th quarter. Augustine Asset Management Inc. now owns 984 shares of the home improvement retailer’s stock valued at $383,000 after buying an additional 36 shares during the period. Quent Capital LLC raised its stake in Home Depot by 6.5% during the 4th quarter. Quent Capital LLC now owns 8,810 shares of the home improvement retailer’s stock worth $3,427,000 after buying an additional 540 shares during the period. Cardinal Strategic Wealth Guidance boosted its holdings in Home Depot by 18.9% in the fourth quarter. Cardinal Strategic Wealth Guidance now owns 4,247 shares of the home improvement retailer’s stock worth $1,652,000 after acquiring an additional 675 shares in the last quarter. Balentine LLC grew its stake in Home Depot by 16.8% in the fourth quarter. Balentine LLC now owns 1,696 shares of the home improvement retailer’s stock valued at $660,000 after acquiring an additional 244 shares during the period. Finally, Single Point Partners LLC bought a new stake in shares of Home Depot during the fourth quarter valued at approximately $444,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Timothy A. Hourigan sold 16,004 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $409.52, for a total transaction of $6,553,958.08. Following the sale, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ann Marie Campbell sold 100 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was 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 approximately $5,018,159.70. This represents a 0.80 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.10% of the company’s stock.

Home Depot Stock Performance

NYSE:HD opened at $407.20 on Thursday. The company has a market capitalization of $404.50 billion, a P/E ratio of 27.66, a P/E/G ratio of 4.22 and a beta of 1.05. The business has a fifty day simple moving average of $405.62 and a two-hundred day simple moving average of $395.38. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The Home Depot, Inc. has a 1 year low of $323.77 and a 1 year high of $439.37.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, November 12th. The home improvement retailer reported $3.78 earnings per share for the quarter, topping the consensus estimate of $3.64 by $0.14. Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The company had revenue of $40.22 billion during the quarter, compared to analyst estimates of $39.31 billion. During the same quarter last year, the firm posted $3.81 EPS. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, analysts expect that The Home Depot, Inc. will post 15.12 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Morgan Stanley increased their target price on Home Depot from $380.00 to $450.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Barclays raised their price objective on shares of Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Telsey Advisory Group raised shares of Home Depot from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $360.00 to $455.00 in a research report on Friday, November 8th. Sanford C. Bernstein began coverage on shares of Home Depot in a research report on Tuesday, October 22nd. They issued a “market perform” rating and a $451.00 price target on the stock. Finally, Royal Bank of Canada lifted their price target on Home Depot from $363.00 to $413.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-three have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $428.85.

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.