BSC Private Wealth Management LLC bought a new stake in Home Depot, Inc. (The) (NYSE:HD) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,496 shares of the home improvement retailer’s stock, valued at approximately $320,000.

Other hedge funds have also bought and sold shares of the company. Pillar Pacific Capital Management LLC increased its stake in Home Depot, Inc. (The) by 1.6% in the second quarter. Pillar Pacific Capital Management LLC now owns 57,469 shares of the home improvement retailer’s stock valued at $7,339,000 after buying an additional 904 shares in the last quarter. Badgley Phelps & Bell Inc. boosted its stake in shares of Home Depot, Inc. (The) by 0.3% in the second quarter. Badgley Phelps & Bell Inc. now owns 95,109 shares of the home improvement retailer’s stock worth $12,144,000 after buying an additional 326 shares during the last quarter. Mizuho Trust & Banking Co. Ltd. boosted its stake in shares of Home Depot, Inc. (The) by 0.9% in the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 2,048,386 shares of the home improvement retailer’s stock worth $261,558,000 after buying an additional 19,139 shares during the last quarter. Ardevora Asset Management LLP boosted its stake in shares of Home Depot, Inc. (The) by 24.4% in the second quarter. Ardevora Asset Management LLP now owns 183,827 shares of the home improvement retailer’s stock worth $23,473,000 after buying an additional 36,100 shares during the last quarter. Finally, Homrich & Berg boosted its stake in shares of Home Depot, Inc. (The) by 22.6% in the third quarter. Homrich & Berg now owns 79,870 shares of the home improvement retailer’s stock worth $10,278,000 after buying an additional 14,748 shares during the last quarter. 71.53% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

Home Depot, Inc. (NYSE:HD) opened at 141.54 on Friday. Home Depot, Inc. has a 52 week low of $118.75 and a 52 week high of $142.99. The stock has a 50 day moving average of $137.03 and a 200-day moving average of $131.95. The firm has a market cap of $172.42 billion, a PE ratio of 22.98 and a beta of 1.09.

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A number of analysts have recently weighed in on the stock. BTIG Research restated a “buy” rating and issued a $155.00 price objective on shares of Home Depot, Inc. (The) in a research note on Thursday. Wedbush restated a “neutral” rating and issued a $145.00 price objective on shares of Home Depot, Inc. (The) in a research note on Wednesday, November 30th. Vetr cut shares of Home Depot, Inc. (The) from a “sell” rating to a “strong sell” rating and set a $119.51 price objective for the company. in a research note on Thursday, December 22nd. Citigroup Inc. restated a “buy” rating on shares of Home Depot, Inc. (The) in a research note on Wednesday, December 28th. Finally, Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $140.00 price objective on shares of Home Depot, Inc. (The) in a research note on Thursday, December 22nd. Eight equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $145.79.

In related news, EVP Edward P. Decker sold 20,000 shares of the firm’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $130.80, for a total value of $2,616,000.00. Following the completion of the transaction, the executive vice president now directly owns 63,878 shares of the company’s stock, valued at $8,355,242.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark C. Vadon bought 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 29th. The stock was purchased at an average cost of $129.87 per share, with a total value of $1,948,050.00. Following the completion of the purchase, the director now directly owns 31,095 shares of the company’s stock, valued at approximately $4,038,307.65. The disclosure for this purchase can be found here. 0.26% of the stock is currently owned by company insiders.

About Home Depot, Inc. (The)

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

5 Day Chart for NYSE:HD

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