Your Advocates Ltd. LLP Purchases 40 Shares of The Home Depot, Inc. (NYSE:HD)

Your Advocates Ltd. LLP grew its position in The Home Depot, Inc. (NYSE:HD) by 27.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 186 shares of the home improvement retailer’s stock after purchasing an additional 40 shares during the quarter. Your Advocates Ltd. LLP’s holdings in Home Depot were worth $72,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of HD. Synergy Asset Management LLC bought a new position in Home Depot during the fourth quarter worth $26,000. Wingate Wealth Advisors Inc. bought a new position in Home Depot during the fourth quarter worth $28,000. Legacy Investment Solutions LLC bought a new position in Home Depot during the third quarter worth $41,000. Sugar Maple Asset Management LLC bought a new position in Home Depot during the fourth quarter worth $41,000. Finally, Marshall Investment Management LLC bought a new position in Home Depot during the fourth quarter worth $41,000. Institutional investors own 70.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HD. TD Cowen boosted their target price on shares of Home Depot from $440.00 to $460.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Stifel Nicolaus boosted their target price on shares of Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Royal Bank of Canada boosted their price target on shares of Home Depot from $363.00 to $413.00 and gave the company a “sector perform” rating in a report on Monday, November 11th. Bank of America boosted their price target on shares of Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Finally, Wells Fargo & Company boosted their price target on shares of Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, February 13th. One 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 stock. Based on data from MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and an average target price of $433.44.

Home Depot Stock Down 2.5 %

Shares of NYSE HD opened at $384.82 on Friday. The firm’s 50-day simple moving average is $402.13 and its 200 day simple moving average is $397.54. The company has a market cap of $382.26 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. The company has a quick ratio of 0.31, a current ratio of 1.13 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.

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.