Capital City Trust Co. FL Sells 56 Shares of The Home Depot, Inc. (NYSE:HD)

Capital City Trust Co. FL lessened its position in The Home Depot, Inc. (NYSE:HD) by 2.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,438 shares of the home improvement retailer’s stock after selling 56 shares during the period. Capital City Trust Co. FL’s holdings in Home Depot were worth $948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in HD. AMF Tjanstepension AB increased 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 worth $69,340,000 after purchasing an additional 16,650 shares during the period. SYM FINANCIAL Corp increased its holdings in shares of Home Depot by 17.8% during the 3rd quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer’s stock worth $777,000 after purchasing an additional 289 shares during the period. Wealth Group Ltd. bought a new position in shares of Home Depot during the 3rd quarter worth about $217,000. Swedbank AB increased its holdings in shares of Home Depot by 17.1% during the 3rd quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer’s stock worth $368,542,000 after purchasing an additional 132,967 shares during the period. Finally, Syntegra Private Wealth Group LLC increased its holdings in shares of Home Depot by 3.1% during the 3rd quarter. Syntegra Private Wealth Group LLC now owns 3,389 shares of the home improvement retailer’s stock worth $1,373,000 after purchasing an additional 102 shares during the period. Institutional investors own 70.86% of the company’s stock.

Home Depot Trading Down 2.5 %

Shares of NYSE HD opened at $384.82 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The company has a market cap of $382.26 billion, a PE ratio of 26.14, a P/E/G ratio of 4.03 and a beta of 1.05. The company has a 50-day moving average of $402.13 and a two-hundred day moving average of $397.24. The Home Depot, Inc. has a 1-year low of $323.77 and a 1-year high of $439.37.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Royal Bank of Canada lifted their target price on shares of Home Depot from $363.00 to $413.00 and gave the company a “sector perform” rating in a research report on Monday, November 11th. Mizuho lifted their target price on shares of Home Depot from $435.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. DA Davidson lifted their target price on shares of Home Depot from $430.00 to $466.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Wells Fargo & Company lifted their target price on shares of Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, February 13th. Finally, Stifel Nicolaus lifted their target price on shares of Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a research report on Monday, November 11th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-one have assigned a buy rating to the stock. Based on data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $433.44.

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.